Subject: Contracting in IT/Internal Audit
Hello everyone,
I’m curious if anyone here has experience with contracting in the IT/Internal Audit field. I’ve come across numerous job postings and I’m considering the possibility of transitioning from a practice firm to contracting. Is there a steady demand for this kind of work? Would love to hear your thoughts!
One response
Hi there!
Yes, many professionals transition from practice firms to contracting in IT/Internal Audit, and it can definitely be a feasible option. The demand for skilled auditors, especially those with IT expertise, tends to remain strong, given the increasing focus on compliance, cybersecurity, and risk management.
Here are a few points to consider:
Market Demand: There is often a healthy appetite for contractors in the Audit space, particularly as companies look for flexibility and specific skill sets for short-term projects.
Networking: Building a strong network can help you find contracting opportunities. Engage with colleagues in the industry, attend relevant conferences, and connect on professional platforms like LinkedIn.
Specialization: Consider developing a niche or specialized skills within IT Audit (e.g., cybersecurity, regulatory compliance). This can help you stand out and attract more clients.
Variety of Projects: Contracting can offer diverse experiences, from working with different companies and industries to tackling unique challenges, which can be quite rewarding.
Consistency of Work: While there are periods of high demand, there can also be quieter times. It may help to have a few contracts lined up to ensure consistent work.
Rates and Contracts: Do your research on typical contracting rates in your area and be prepared to negotiate. Consider setting up a limited company or working through an umbrella company as appropriate.
Overall, if you’re flexible, proactive, and willing to market yourself, contracting in IT/Internal Audit can be a rewarding career path. Good luck!