Why do government accountants struggle to secure jobs in the private sector? I’ve come across numerous posts expressing frustration over difficulties finding new employment after being laid off from the IRS. Yet, I’ve also heard that experience in government is considered an asset.
Is that really the case?
One response
It’s a valid concern, and the transition from government to the private sector can indeed be challenging for a number of reasons. While government experience is valued, especially for roles that require regulatory knowledge or public sector insight, there are several factors that can complicate the job search for government accountants:
Different Skill Sets: The focus and skill sets required in government positions may differ from those in the private sector. Employers might seek experience with specific private sector Accounting practices, systems, or software that aren’t commonly used in government roles.
Cultural Fit: The work environment in government can be markedly different from private sector companies. The pace, formality, and objectives may not align, and hiring managers might be concerned about whether a candidate can adapt to a more dynamic, profit-driven setting.
Networking and Connections: Many private sector jobs are filled based on referrals and connections, which government accountants may not have as readily available. Networking is crucial, and not having a background in private industry can make it harder to navigate that landscape.
Perception of Experience: While government experience can be valuable, some private sector employers may view it as less relevant, especially if they prioritize commercial experience or specific industry knowledge.
Overemphasis on Certifications: Certain positions in the private sector may require specific certifications (e.g., CPA, CMA) that some government accountants may not have, which can hinder their candidacy.
Economic Factors: The job market can fluctuate, and during economic downturns, even the most qualified candidates can face challenges. Layoffs may increase competition for limited roles, making it tougher for those transitioning from government jobs.
While it’s not a lie that government experience is valued, it may not always be a direct translation to the private sector’s expectations and requirements. Tailoring your resume, seeking additional certifications, and enhancing your networking efforts can be key strategies for making that transition smoother.