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I’m a 27-year-old CPA with four years of experience in a medium-sized public Accounting firm in Atlantic Canada. Unfortunately, I was laid off from my position at a public education institution after only three months. Given that the job market in my province is currently struggling, I’m seeking advice on my next steps. Should I consider returning to public Accounting or explore other opportunities? I was at a senior level at my previous firm before making the switch.
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I’m sorry to hear about your situation. Here are some steps you might consider taking next:
Assess Your Skills and Experience: Make a list of your skills, experiences, and any specialized knowledge you have acquired during your time in the PA firm and public education institution. This can help you identify what roles you are best suited for.
Network: Reach out to former colleagues, mentors, and professional connections in your field. Networking can often lead to job opportunities that aren’t advertised publicly. Attend industry events, webinars, or local CPA meetings to expand your professional circle.
Consider Remote Opportunities: Given the current job market, don’t limit your search to just your local area. Explore remote opportunities that may be available in other provinces or even countries, especially if you are comfortable with telecommuting.
Explore Different Industries: If you’re considering a shift from public Accounting, think about how your skills could be applied in other sectors. Industries like finance, consulting, or corporate Accounting may value your experience.
Evaluate Returning to Public Accounting: If you enjoyed your previous role in public Accounting and believe you could find another position, it might be worth applying to different firms, including larger firms or boutique firms that may have openings.
Upskill or Get Certified: If you have time, consider taking additional courses or certifications that could enhance your employability. Areas like forensic accounting, tax, or management accounting can provide a competitive edge.
Update Your Resume and LinkedIn: Make sure your resume and LinkedIn profile reflect your experiences, skills, and the value you bring to potential employers. Tailor them for different roles you are applying to.
Consult with Recruiters: Reach out to recruitment agencies that specialize in accounting and finance. They can help you navigate the job market and potentially connect you with leads that match your skills.
Stay Positive and Persistent: Job searching can be challenging, especially in a tough market. Stay positive, persistent, and open to new opportunities that could lead to fulfilling roles.
Good luck, and remember that many professionals face similar challenges at various points in their careers. You have valuable experience and skills that can help you navigate this situation successfully!