What do you do if you want to switch from finance to accounting? (2024)

Before you decide to switch from finance to accounting, you should ask yourself why you want to make the change. What are your career goals and expectations? What are you dissatisfied with in your current role? What are you passionate about in accounting? Knowing your motivation will help you choose the right accounting path, whether it is public, corporate, governmental, or nonprofit accounting. It will also help you prepare for the interviews and demonstrate your interest and commitment.

To switch from finance to accounting, you will need to update your skills and knowledge in accounting principles, standards, and practices. You might have some familiarity with accounting concepts from your finance background, but you will need to deepen your understanding and apply them to different scenarios. You can take online courses, enroll in a certificate program, or pursue a degree in accounting to enhance your credentials. You should also familiarize yourself with the accounting software and tools that are commonly used in the industry.

Depending on the type of accounting you want to do, you might need to get certified or licensed by a professional organization. For example, if you want to work as a public accountant, you will need to pass the Uniform CPA Examination and meet the education and experience requirements of your state board of accountancy. Other accounting certifications include Certified Management Accountant (CMA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), and Certified Financial Analyst (CFA). These certifications can boost your credibility and marketability as an accountant.

One of the best ways to switch from finance to accounting is to network and leverage your contacts. You can reach out to your former colleagues, classmates, mentors, or clients who work in accounting and ask them for advice, referrals, or opportunities. You can also join professional associations, attend events, or participate in online forums and groups related to accounting. Networking can help you learn more about the accounting industry, culture, and trends, as well as showcase your skills and personality.

When you apply for accounting jobs, you need to tailor your resume and cover letter to highlight your relevant skills, achievements, and qualifications. You should emphasize how your finance experience can add value to the accounting role and how you have adapted to different situations and challenges. You should also use keywords and phrases that match the job description and the accounting field. For example, you can mention your proficiency in accounting software, your knowledge of accounting standards, or your certification status.

The final step to switch from finance to accounting is to prepare for the interview. You should research the company, the position, and the industry before the interview and prepare some questions to ask the interviewer. You should also practice answering common accounting interview questions, such as your strengths and weaknesses as an accountant, your approach to solving accounting problems, or your ethical standards. You should demonstrate your enthusiasm, confidence, and professionalism during the interview and follow up with a thank-you note.

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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