What do you do if your job security is at risk in temporary and contract work within corporate accounting?

1 Upskill Regularly

In an ever-evolving field like corporate accounting, staying relevant means keeping your skills sharp and up-to-date. If you sense your job security waning, take the initiative to learn new accounting software, regulations, and practices. This not only makes you more valuable to your current employer but also more marketable to potential ones. Consider certifications like CPA (Certified Public Accountant) or CMA (Certified Management Accountant) as they can significantly boost your credentials and job prospects.

2 Network Actively

Networking is a powerful tool in the corporate accounting sector. Start building relationships within your industry by attending events, joining professional associations, and connecting with peers on professional networking platforms. These connections can provide insider information on job openings, offer recommendations, and sometimes even influence hiring decisions. Remember, it's not just about who you know, but who knows you and your capabilities.

3 Diversify Experience

Diversifying your experience is crucial in making yourself indispensable. If your job security is at risk, seek opportunities within your role to work on varied projects or with different teams. This broadens your understanding of the business and showcases your adaptability. Being able to handle multiple facets of corporate accounting, from tax preparation to financial analysis, makes you a versatile asset, potentially opening doors to new roles or contracts.

4 Financial Planning

When facing job insecurity, financial planning becomes more important than ever. Ensure you have an emergency fund in place to cover living expenses for a few months. This gives you a safety net, allowing you to make career decisions without immediate financial pressure. Additionally, be mindful of your spending and consider ways to reduce debt, which can give you more flexibility in your career choices.

5 Seek Feedback

Constructive feedback can be a lifeline when you're unsure about your job security. Approach your supervisor or clients for insights into how you can improve or expand your role. This demonstrates your commitment to growth and can lead to opportunities that solidify your position. It's also a chance to address any concerns they may have, which could be putting your job at risk without your knowledge.

6 Consider Alternatives

Finally, it's wise to consider alternative paths in your career. If your current position is unstable, look at other sectors that require corporate accounting expertise. Fields like finance, consulting, or even government may offer more stable opportunities. Exploring these avenues doesn't mean giving up on your current role but ensures you have options and a plan B if necessary.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?