5 tips for interview preparation

1.When preparing for an interview, put yourself in the shoes of the interviewer. Based on your CV what areas would you want to explore further and how might they assess whether you have the competencies required for this position? Come up with some questions and consider what examples you could give.

2. Research the interviewer. It is all very well (and necessary) to research the business you're hoping to join, but what about the interviewer themselves? Do you know their background? Use the tools available to everyone: company website, social media profiles or other contacts of yours who might know them - certainly your recruiter. Knowing more about them might help to identify shared experiences and areas to focus on (e.g. for accountants you might both have qualified in small practice).

3. Check where you're going. If you don't know the route, or are having to rely on public transport to get you there, make sure you're 100% confident you know where they are and how long it will take you to get there. You should ideally aim to arrive at reception around 5 minutes ahead of time (any more than 10 minutes early is just annoying).

4. Make sure you can get away from the office. If you have arranged an interview at lunchtime or after work, it's a good idea to make casual reference to a personal appointment you have to attend (e.g. lunch with a relative or dinner with a friend). This can be communicated informally to avoid suspicion, but will reduce the risk of you being asked to attend a meeting or to work late at short notice. 

5. Avoid rehearsing detailed answers. Preparation is essential to leaving a good impression with an interviewer, but over-preparing your answers to potential questions can be risky. You run the risk of hearing the questions you want to hear, rather than what is being asked, and you're likely to sound robotic in your rehearsed replies. 

Financial Recruitment Continues to Make Gains (Guest Blog)

A guest blog from James McCaffrey - with a number of years of accounting experience, James now focusses on recruitment and the financial jobs market, writing for Total Jobs.

As recently documented in the latest edition of Balance Recruitment’s Quarterly Update, financial recruitment is continuing to make gains. The latest update also pointed out that there had been an increase in the number of vacancies in the financial sector, coinciding with a demand for more staff – especially those with backgrounds as Analysts or within Billing, Revenue, and financial reporting.

In a recent Google Hangout for Total Jobs, Tom Newcombe, a leading journalist for HR magazine also agreed that growth was taking place in the financial sector, pointing to figures from PWC which highlighted that by 2020, there could be an additional 200,000 financial jobs vacancies which could contribute to a 3% growth in GDP- but only if the financial sector can improve regulation.

These figures hold relevance for the wider financial industry too, as the recession has forced businesses to increase their focus on due diligence, accuracy and transparency- and in recognising the importance of sufficient monitoring; the financial sector, and indeed the financial departments across all industries have made a demonstrable commitment to tidying up processes across the board. It’s this commitment that is reflected not only in the increased number of vacancies, but also in the roles that are currently high in demand. In the same session, Jane Clarke, Head of Campus Recruitment at Barclays Bank, also noted that over the next year, the biggest intake of new graduates would be in the fields of compliance and legal capabilities, roles centred on analysis, monitoring and managing processes efficiently.

There have long been calls for more transparency in business, especially when it comes to balancing the books and reporting on performance – now that more businesses are making a commitment to delivering on transparency, they are starting to recognise the vital importance of hiring teams of skilled people who can deliver the processes, monitoring and accurate reporting that will go into making sure that finances are in order and that balance sheets add up.

When businesses can present themselves to the public, stakeholders and potential investors, as well as potential staff that they are committed to honesty and thorough processes, it helps to boost the reputation of company, making it more attractive for business opportunities and skilled jobseekers – the figures reflect the truism that investing more in staff makes sense for all areas of business. Jane also pointed out that graduates who had been studying during the worst phases of the recession were keen to ensure that they found work in companies that were seen to have honest practices – in as much as companies of all sizes have re-evaluated their recruiting criteria since the worst days of the crisis, jobseekers are also showing a desire to work for a company which has a will to organise its finances and processes too. 

#AskBalance - Career Advice for accountancy and finance

Back in April, we started a new 'ask the expert'-style feature at Balance Recruitment - #AskBalance

First up as our resident expert was Tony Vickers. Tony heads up our accounting division recruiting in to Commerce & Industry. He has this year been crowned 'Best Permanent Consultant' at the Global Recruiters Awards, and 'Recruiter of the Year' in the Recruiter Awards for Excellence.

See below one of the questions answered by Tony, and click here to see the full feature. 


I'm a qualified accountant looking for my first role in industry.  What are my options?

Completing your accountancy training in practice is a solid grounding for a move into industry.  Whether you qualify as an ACCA or ACA or in a small, mid tier or top 4 practice; there are plenty of options for you.  The most common move for someone at a newly qualified level would be to take a role either in internal audit, group finance or financial accounting.  It is less common for newly qualified accountants to take a first step into a commercial/analytical role which tend come once you have cut your teeth in industry in a more traditional accounting role.  Generally those FTSE 250 businesses tend to favor people with a ‘top 4’ background however this is not always the case with those training in a smaller firm tending to gain a greater breadth of experience which is valued.

Managing salary expectations in the hiring process

In the increasingly competitive “war for talent” we are experiencing in the world of recruitment these days, you’d be forgiven for being a little surprised to hear that there are employers who will go through a lengthy application and interview process and then knowingly offer their preferred candidate a salary lower than the figure they’re looking for.

Certainly it comes as a surprise to the candidate, and not a nice one. We’ve experienced it on a couple of occasions recently despite making the individual’s salary expectations explicitly clear from the outset when making the initial introduction.

It’s understandable that the employer ultimately makes the decision on how much they feel each individual is “worth” in relation to an opportunity within their business, but if there is a difference between the salary expectation of the candidate and the employers’ valuation of their skills and experience, this really should be addressed as early as possible in the hiring process to save wasted time and to improve the chances of securing the desired individual.

If it’s not dealt with until the point of offer, the underlying message sent to the jobseeker is: “we think you’re good, but not as good as you think you are” and all the faith and buy-in that has been built up during the interview process is immediately put at risk. The jobseeker, believing they’d gone through this process with their minimum expectations established, may feel undervalued and misled. There’s a high chance they’ll decline the offer and walk away from the process with a very low impression of the firm employer brand.

Managed properly this can be avoided:

• If a candidate’s salary expectation is above the level the employer is prepared to go, they shouldn’t be entering the interview process, unless it’s made clear to them that they are asking for a salary above budget and would need to lower their expectation. They may choose to walk away, but better that happen  earlier rather than later in the process.

• If the candidate is within budget range but they are pricing themselves out of the running by asking for a higher salary level than other comparable applicants in process, this should be addressed. They may not be aware they are asking for a salary level above market rate and may just need their expectations managed before reaching the end of the process.

These conversations can easily be held by recruiters who ultimately want to assist all parties in reaching a successful conclusion to the process. They should also be able to help in identifying early on if a difference in salary expectation is likely to be a deal-breaker or something that can be managed.

Ask Balance

Do you have any questions you'd like answered in relation to recruitment, interviews or a career in accountancy?

We've launched an 'Ask Balance' feature over on the Balance Recruitment website this week, and my colleague Tony Vickers is first up in the chair. Tony has been recruiting for finance and accountancy staff in London for over 10 years, working with some of the worlds best known brands across a variety of sectors. 

He has been shortlisted for the 'Agency Recruiter of the Year' Award at this years Recruiter Awards for Excellence, and is eager to take your questions. 

Get involved here: #AskBalance