Monday, March 16, 2020

Compliance Auditing Job Market Heats Up - Your Career Intel

Compliance Auditing Job Market Heats Up - Your Career IntelLast September, Wells Fargo made headlines when mora than 5300 employees were fired for creating over 2 million phony accounts. Six months later, Wells Fargo continues to struggle in the aftermath of its sales scandal. The bank reported in late January that credit card applications were down 43 percent in Q4 2016 compared with 2015, and that new checking account openings had fallen by 40 percent.The scandals ramifications are being felt in mora places than just Wells Fargos bottom line. Increased regulatory scrutiny has financial institutions across the U.S. shoring up their risk, compliance and internal audit functions.As a Managing Partner focused on Accounting and Finance recruitment, Ive seen first-hand the growing demand for specialized auditing and compliance talent and the growing challenge businesses are facing when it comes to filling these roles. In an effort to land sought-after talent, companies are upping their compensation packages with everything from bigger bonuses to promises of better work-life balance.Job candidates with strong auditing and analysis backgrounds can position themselves for success by doing the followingHighlight the right skills, certifications and experience. Companies are looking to hire accountants with at least three years of specialized experience. Certifications like Certified Internal Auditor (CIA) and proficiency in Service Organization Controls (SOCs) are essential. Im based in Las Vegas and many of my clients are in the gaming industry. While some are looking to hire auditors and analysts who are experienced in gaming, others are open to hiring public accountants who have a diversified client base. Regardless of your background as a potential hire, be sure your resume clearly explains how your skills and certifications have been beneficial for strengthening auditing and compliance at your current employer.Be willing to relocate.Geographic location can impact the number of available job opportunities as well as the caliber of talent. A willingness to relocate could help you land a higher paying position than whats currently available in your home city. Here in Las Vegas, for example, the majority of top talent is already employed. Consequently, when companies want to source talent locally, they need to be more aggressive with their offer packages and try to lure talent away from the competition. Depending on your location, the opposite might be true there could be more available talent than companies looking to hire. By understanding these marketplace dynamics, you can focus your job search on cities where demand is high but available talent is low.Know the marketplace.Todays auditing and compliance job market moves fast. Since the available talent pool is limited, companies are making offers quickly. This also means that the time between submitting an initial application and receiving an bewerbungsinterview request has been significant ly compressed. Be prepared to bring your A game to the interview from the moment you submit your resume. If multiple candidates are being considered, the company may even skip extra interview rounds in favor of making an immediate offer to their favorite candidate. Make a stellar impression in the first round and you could be a lock for the offerDo you have questions about the accounting job market? Email me at LLaytonlucasgroup.com to learn more.

Wednesday, March 11, 2020

5 Signs Consulting is the Right Career for You

5 Signs Consulting is the Right Career for You So if I could imparte any advice, its this If you have a checklist, good for you. Structured ambition can sometimes be motivating. But also, feel free to let it go.Actress Mindy Kaling shared that sentiment with the Dartmouth graduating class of 2018. Along with other useful advice, like be your own cheerleader and have insane confidence in yourself, she gave the graduates a generous gift the permission to let go of any preconceived notions about what their life path should be. Whether that means letting go of expectations around your career or your personal life, her message was powerful.Mindys speech got me thinking what would my owncareer in consulting look like if I had not given myself that same permission? What if I had not looked beyond my own preconceived notions of how things were supposed to go?Many people miss out because they think there is a set, one-way-only path to consulting. But in my career, I have found that the skills required as a fundraising consultant are quite portable in nature.I consider my career path perfect. Not perfect like I made six-figures upon graduating or flew up the corporate ladder. I mean perfect in that each job I had seemed like an impeccably placed stepping stone in my path forward. I was fortunate to know that I wanted to work in the nonprofit sector very early on. I was intrigued by fundraising, since it kind of runs in my family, so I set my sights on development and jumped in. From a therapeutic humor nonprofit to a business school to a membership organization in the healthcare field, I collected experience and perspective quickly. I benefitted from structure, mentorship and professional development at certain times, and freedom to experiment and be creative at other times. More than anything, I learned.Two and a half years into my last job and days away from turning 30 I felt ready for a new adventure. I had brought strategy to that organization by establishing a dev elopment program and celebrated success as we nearly tripled philanthropic revenue. But I looked around and wondered now what?I had been curious about consulting, and decided to look into it. Maybe you already have your own visions of what a fundraising consultant looks like. Most people picture someone later in their career, perhaps making a last stop before retirement. A former Vice President of Development or Chief Development bro maybe five times over. Many believe a consultant in our field is someone who is getting on the exit ramp.Well, that wasnt me at all. I realized consulting didnt have to be that exit ramp and for me, I knew it would be an on ramp to an incredibly rewarding career. And nearly eight years later, I wouldnt change a thing.So, what was it that made me ready for consulting and could mean youre ready for consulting, too? These five qualities1. You like a challenge.When I felt like I had done or learned all I could, I was ready for the next project. When you wo rk in house, that next project is usually at another organization. Within consulting, its with the next client.2. You dont want to pick a corner.As my career progressed, I knew I would have to pick a side of the house major gifts? Annual giving? Prospect research? But I liked them all and frankly, I thought I was pretty good at them all. Consulting meant advising on all of them.3. You like variety.Beyond focusing on certain areas of development, some professionals find a sector and stick to it. I found a thrill in shifting from a nonprofit focused on bringing humor to cancer patients to a top-notch NYC business school. Appreciating variety serves a consultant well.4. Type A, anyone?This is the one I joke about, but it has been my most valuable tool. I am organized and a better leader than follower. I dont mind taking charge in order to chart the course. Clients appreciate that.5. Youre empathetic.While I am confident in my opinions, skills and work, I am humble and empathetic enoug h to partner with clients in an authentic way. I connect with people easily. And over the years, people have told me that I missed my calling in two professional areas being a therapist and being a teacher. There is a bit of both in consulting.During my time as a consultant, I have been a part of dozens of campaigns and partnered with organizations across the country and across all sectors. Breaking another stereotype, I have returned to my own bed (at an appropriate time) most nights with travel not being a large part of my role. I have delivered and sold service, coached college presidents and brand-new fundraisers. Ive celebrated, supported, counseled, and guided. You experience the industry and seemingly learn at warp speed in the consulting world.Working as a development professional at any organization can be valuable, rewarding, and, for some, the perfect fit. If some of my top five consulting qualities resonate with you, I challenge you to stop counting the years until you a re supposed to move into consulting. The timing is up to you.The average turnover in development has held steady around 18 months. People job hop. But it doesnt have to be lateral. The move to consulting can be an on ramp for you, too. You get to decide when to take your skills and knowledge and go.--Allison K. White is Executive Vice President at Graham-Pelton Consulting, a leading global fundraising and nonprofit management firm.

Friday, March 6, 2020

The I Stick at Writing Resume Diaries

The I Stick at Writing Resume Diaries So once youre considering how to compose a resume, dont forget that you need to be selling your abilities and accomplishments, not only listing your work history and your old responsibilities. Since you might not have lots of experience, its important to include information thats related to your intended job like coursework, projects, extracurricular activities, or volunteer work. Of course you believe you have a good deal of relevant experience and accomplishments you want to share with the selection committee. Even if your work experience is ideal, a subpar resume could sink your odds of getting a work interview. What Is So Fascinating About I Stick at Writing Resume? Consider it, rather, as a perspektive to showcase the incredible things youve done in your career and an opportunity to initiate a conversation with a possible employer. When it has to do with the work hunt, you have to sell yourself as the very best candidate for the fun ction. For those who have publications or work samples that are connected to your job search, look at putting together one of your own. Dont curb the desire to stick out from the competition, your resume is a means to win. I Stick at Writing Resume - Overview An overview of qualifications isnt your summary statement. A great resume format is simple to scan. Well it is all dependent on whether the job posting instructions specify a specific format. There is an assortment of steps involved with sending a resume via email. Its also wise to touch on the skills you possess, but you wish to speak about how you will use them. When youre done Get rid of all of the skills you simply have a simple grasp of. Aside from this, you will also have to have excellent written and verbal English communication abilities. Youll also have to have excellent written and verbal English communication abilities. You have to make it exquisitely clear in the summary that you have what it requires to find the business done. There are a lot of basic kinds of resumes used to make an application for job openings. For instance, if youre asking for a job as an administrative assistant, you dont will need to discuss the way your job for a babysitter helped improve your childcare skills, but you might share the way the experience helped you cultivate time management abilities and the capacity to juggle several tasks simultaneously. The job, the market, and the institution proved not the perfect fit for me.