Kenny McAllister’s Post

Mid-tier #Accountancy firm? 🔹️You have a great HR team and possibly a Talent team 🔹️There is a Careers page on your website 🔹️A LinkedIn company page with your jobs included 🔹️You have spent budget on job boards And you still can't hire qualified people quickly enough. It hampers succession planning. It is a threat to retention. An inability to hire quickly and effectively limits the firm's capacity for onboarding new clients, new mandates and business growth. Ever wonder why you have this recruitment problem and what you can do about it? Doing the same as your competitors is not the answer. Kenny McAllister can probably solve this hiring challenge for you. #followus #audit #assurance #recruitment

Navigating the Talent Challenge in Audit: A Call to Audit Directors and Chief Audit Executives. Finding the right professionals to fill open audit positions has always been a critical task, but today’s market presents unique challenges. As we navigate a post-pandemic landscape and how that changed the working world, the demand for skilled auditors is higher than ever, yet the pool of qualified candidates seems to be shrinking. Here are a few key observations: 🔍 Talent Shortage: The audit profession is experiencing a notable talent crunch. Many seasoned professionals are reaching retirement, and there’s a gap in the mid-level experience range. We also have new "groups" of auditors as we cover fully remote against hybrid structures. This scarcity makes it imperative to rethink our recruitment strategies and the value proposition we offer to potential hires. 🌐 Changing Expectations: Today's audit professionals are looking for more than just a salary. They seek roles that offer growth opportunities, flexibility, and a clear path for career progression. Embracing remote work (where possible), continuous learning programs, and a strong organizational culture can set your firm apart. 💡 Competitive Market: With more companies vying for top talent, it's essential to streamline your hiring process and make decisions swiftly. Long, drawn-out recruitment cycles can result in losing prime candidates to more agile competitors. This has and always will be the case. 🤝 Strategic Partnerships: Collaborating with universities, professional organizations have always been options leaders are aware of. What is more important is when you are partnering with specialist recruitment firms. Yes they can help tap into new talent pools but understanding how they operate and taking the time to educate them on your culture and objectives should bring better results. My advice is to aim for recruitment firms who truly understand audit and who are not driven by quantity based measurements (how many CVs they send you). 🔄 Adapting to Change: The audit landscape is evolving with advancements in technology and regulatory changes. Ensuring that your team is equipped with the latest skills and knowledge is crucial. Investing in training and development will not only enhance your team’s capabilities but also make your organization more attractive to prospective employees. #Audit #TalentAcquisition #AuditProfessionals #HiringChallenges #AuditDirectors #ChiefAuditExecutives #TalentStrategy #WorkplaceCulture #ProfessionalDevelopment #InternalAudit #AuditJobs #IIA

To specialise or to diversify, that is the question... Here's my two cents: The path to specialisation might seem straightforward and appealing, however limiting your horizons too early in your career can prevent you from reaping substantial long-term benefits. What benefits does a diversified portfolio bring you? 💭 ✅ Exposure to multiple sectors enriches your understanding of business processes and risk assessments, invaluable in audit planning & execution. ✅ Handling audits across various sectors teaches you various auditing standards and practices. ✅ Gaining experience in various industries early doors opens up more career opportunities - you can choose a specialist area later on in your career with greater insight and confidence! At JWH Recruitment we work with top firms who will expose you to a wide-array of clients as well as offering great progression routes to managerial roles. Are you ready to expand your audit experience? Drop me a DM today to find out how we can help you build a robust and versatile audit career! #Audit #AuditCareer #Accounting #Accountancy #AuditSeniors #Opportunities

🌟 'What do you want to be?’ 🌟 #126 Role: Internal Auditor Let's dive into the world of an Internal Auditor – a vital role that operates at the heart of any organization, ensuring its smooth sailing through risk management, governance, and control processes. If you're someone who thrives on initiative and has a keen analytical mind, this could be your calling! Responsibilities 💼 As an internal auditor, your days will be filled with: • Understanding business processes through meetings • Assessing risk management and compliance • Providing advice on improving systems and processes • Preparing reports to highlight issues and suggest improvements. Salary (global average in US$) 💰 Salaries vary based on experience and location, ranging from: • $22,000 to $35,000 for those with 1-3 years of experience • Up to $70,000+ for experienced managers and directors Education 📚 A degree in accountancy, economics, finance, or IT is beneficial, alongside certifications from the Chartered Institute of Internal Auditors (IIA). Qualifications 📜 Specific qualifications include IIA certifications and possibly a postgraduate qualification, enhancing your chances for promotion. Skills 🛠️ Key to success in this role are: • Initiative • Analytical thinking • Strong communication • Ethical standards What to Expect 🗓️ A typical day might involve office-based audit work, with opportunities for travel to different sites. The role allows for part-time and flexible working options. Professional Development 📈 Growth opportunities are vast, with paths to senior audit management or even transitioning into other business areas like IT, finance, or marketing. Career Prospects 🔭 The future outlook for internal auditors is bright, with needs across accountancy firms, private companies, and the public sector. Target Employers 🎯 Look to the 'big four' accountancy firms, large private companies, and public sector organizations for roles. Have you explored the path of an internal auditor or know someone who has? Share your stories or ask for advice below! #searchmarkets #internalauditor #careerpath #professionaldevelopment

🌟 'What do you want to be?’ 🌟 #78 Ever thought about a career that blends detail-oriented tasks with the opportunity to help businesses of all sizes achieve their potential? Let's dive into the world of an External Auditor. 📊 Role Overview : External Auditor An External Auditor examines financial records and other data to offer businesses, their investors, and market regulators a clear picture of their performance. They also advise on improvements, extending beyond financial audits to help clients manage risks across their business. Responsibilities • Visit client sites to understand their business needs. • Plan and carry out bespoke audit procedures. • Examine accounts and financial records. • Prepare audit reports with recommendations for improvements. 💰 Salary (global average in US$) Graduates start around $28,000, with potential growth to $45,000 upon qualification. Senior roles can reach up to $70,000, varying by location and firm size. 🎓 Education A degree in any subject can start you on this path, with necessary qualifications in chartered accountancy from bodies like ICAEW, ACCA, or ICAS. Qualifications • Required chartered accountancy certification. • Specialized audit qualifications may enhance career prospects. Skills • Strong interpersonal and negotiation skills. • Analytical skills and technological competence. • Project management and critical thinking. 👀 What to Expect A typical day might involve traveling to client sites, analyzing data, and meeting with management. The role demands flexibility and a readiness to tackle challenges head-on. 🚀 Professional Development This field offers diverse opportunities for growth, from specializing in sectors like public audit or risk management to advancing to senior managerial positions. 📈 Career Prospects The outlook is promising, with technology advancements and a broadening range of services increasing demand for skilled auditors. Target Employers You'll find opportunities in accountancy and business advisory firms, from large national practices to smaller, specialized agencies. 🤝 Let's Connect! Interested in exploring a career as an External Auditor or seeking advice on navigating this path? Let's make your career aspirations a reality together! #searchmarkets #careerpath #externalauditor #auditcareer #professionaldevelopment 🌟

There are lack of awareness among students and young professional regarding internal audit profile due to lack of coverage in CA Curriculum Let us understand Pro & Cons of Internal audit profile as they are bulk opening in this profile - Pros 1- Comprehensive Business Understanding- Gain a broad understanding of various functions and processes within an organization.Opportunity to work with diverse teams and departments. 2.Skill Development- Enhances critical thinking, analytical skills, and problem-solving abilities.Improves communication and report-writing skills. 3.Exposure to Senior Management Regular interaction with top executives increases visibility and learning opportunities.Ability to influence decision-making by providing actionable insights. 4.Dynamic Work Environment- Work varies across audits and industries, keeping the role engaging and challenging. Opportunities to travel (if in a multinational company) and explore different work cultures. 5.Value Addition - Direct contribution to organizational improvement by identifying inefficiencies and suggesting corrective actions. Cons 1.Challenging Deadlines- Often high-pressure work due to tight deadlines and demanding deliverables. Can lead to work-life balance issues. 2.Repetitive Tasks- Some aspects of the work, such as documentation and report preparation, can become monotonous. 3.Resistance from Auditees- Employees in other departments may view auditors as critics, causing friction or lack of cooperation. 4.Intensive Travel- Depending on the organization, frequent travel may be required, which can be exhausting. 5.Limited Recognition- Internal audit is often perceived as a back-end function, and contributions may go unnoticed unless a major issue is uncovered. #Internalaudit #internalauditcareer #careerprofile

𝗧𝗵𝗲 𝗔𝘂𝗱𝗶𝘁 𝗔𝗽𝗽𝗲𝗮𝗹 - why you might consider a long term audit career? The audit training contract isn't easy, plenty of long days while juggling your accounting qualification studies with audit deadlines and clients. It's totally understandable to want to run out the door when you qualify... But it might be worth considering the long term benefits of continuing on the audit path before you fully close the door. Auditors play a key role in 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻𝗶𝗻𝗴 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲, ensuring the corporate transparency of businesses. Auditors 𝗴𝗮𝗶𝗻 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 into various business operations and strategies. The profession is 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆, offering continuous learning opportunities. 𝗖𝗮𝗿𝗲𝗲𝗿 𝗮𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁 opportunities are abundant, with fast track progression to senior audit roles. The high demand for auditors ensures long term 𝗷𝗼𝗯 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆. Auditors have the potential to 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀, offering peace of mind to investors. If you're keen to explore your audit career potential, let's catch up - aoibhin.byrne@barden.ie Kate Flanagan CTA Brian O'Connor ACA Bernie Duffy ACA Niall O'Keeffe ACA #AuditCareer #Auditors

🌟 New Research on Audit Talent & Career Opportunities! 🌟 CA ANZ and ACCA have teamed up to bring you the latest insights on attracting, retaining, and engaging audit talent. 🌍 Our new joint research report, "Attract, Retain, Engage: Insights and Recommendations for Audit Talent Success," reveals opportunities for growth and innovation in the audit profession: 💼 Work-Life Balance: Discover how flexible work environments can boost personal well-being and job satisfaction. 💰 Fair Remuneration: Explore ways to reward intensive workloads during peak audit seasons for better talent retention. 🛤️ Career Ladders & Variety: Rethink career paths to accommodate diverse interests and offer exciting roles. 🌱 Sustainability Reporting: See how purpose-driven work attracts new talent and inspires current auditors. 🔧 Embrace Technology: Learn how small firms can bridge the tech gap to stay ahead in a changing industry. More than 6,500 finance professionals worldwide shared their insights for this research, offering a fresh perspective on the audit sector. Unlock new possibilities and seize unique talent attraction opportunities! Read the full report today! 📖https://lnkd.in/gUqYBHT4 #publicpractice #differencemakers #caanz

When I started typing this post, I had something different planned. On the audit hub I've penned an article on the current internal audit job market, what levels hiring is happening (or not happening) at. And then I hit the delete key and decided to cover it from a different angle. If you are interested in the article, the link is at the bottom. What I do want to post about, well actually, who I want to post to - are all you lovely internal auditors out there looking for jobs. Some of you are looking for a change, some of you need that change desperately, and some of you are in NEED of a role due to redundancy and the like. Firstly, for those of you in that latter category - keep that chin up. Stay strong. Something will come along, you just might need to be creative with your next search. Secondly, as an Internal Audit community, let's look out for each other. If you are a hiring manager, make sure CVs are being screened quickly, and get interviews scheduled even quicker. Please, please ... don't ghost applicants. People will be giving up time for interviews, spending money on travelling in and getting suits dry cleaned to look the part - especially when there's zero income. And give some decent feedback as "going with an internal candidate" is as useful as a chocolate teapot. If you know of open roles, share frequently and widely. Many firms offer referral schemes so, you know... 💷 And to those of you who who feel like the search is never ending, and even getting an interview is like finding the lost city of Atlantis, I hear you. The mid to senior job market for internal auditors is very quiet. Many roles are being eliminated across various sectors, people are simply not moving in others so the musical chair routine can't start up, and most senior roles are already halfway to being filled when they get posted externally (mainly to show evidence of benchmarking to market). If anyone needs a chat, I'm happy to listen. I might not be able to land you a role, but maybe I can give you some advice that sends you in the right direction. Don't lose hope. We internal auditors are a tough breed. We are dynamic. We adapt. And I do believe as a community we can be there for each other. So, a final ask - if you have a role that you or your employer are hiring for, be open to the rest of the external market. I am MORE than happy to use the audit hub to publicise it and get the message out (btw its free)! I'm going to change the featured job section around to show more open, live roles. I'm going to get more articles about non-audit careers that internal auditors can consider. And if there is a demand for it, happy to set up either in-person or virtual coffee groups for auditors to come together to compare notes and meet with potential future employers. #hiring #internalaudit #audit #london #uk #recruitment #jobs #theaudithub https://lnkd.in/eXRdYbwf

🌟 Why Staying in External Audit Consulting is a Smart Career Move 🌟 Happy Monday, everyone! 🌞 As we kick off the week, let's talk about the incredible benefits of building a career in external audit consulting. Whether you're just starting or considering your next career step, here's why staying in this field can be a rewarding decision: 1. Diverse Client Exposure: Working in external audit consulting provides the unique opportunity to work with a wide range of clients across various industries. This diversity not only keeps the work interesting but also enhances your expertise and adaptability. 2. Continuous Learning and Development: External audit consulting firms are known for their commitment to professional development. You'll have access to ongoing training, certifications, and mentorship programs that ensure you're always at the forefront of industry standards and practices. 3. Career Progression: The career pathways in external audit consulting are clearly defined and robust. From junior roles to partnership positions, there are ample opportunities for advancement based on performance and experience. 4. Strong Network Building: You'll interact with top-tier professionals, both within your firm and at client organizations. These relationships can be invaluable for your professional growth and open doors to new opportunities. 5. Job Stability and Security: The demand for skilled audit professionals remains high. Companies across the globe rely on external auditors to ensure compliance and financial integrity, providing a stable and secure career path. 6. Competitive Compensation: The financial rewards in external audit consulting are attractive. Alongside a competitive salary, you'll often receive performance bonuses, benefits, and other incentives. If you're passionate about making a difference, continually learning, and achieving professional growth, external audit consulting could be the perfect fit for you. Feel free to share your experiences and thoughts on the benefits of staying in external audit consulting. Let's inspire each other to reach new heights in our careers! Zoë Thomson Alexandra Pryde MSP Staffing Limited MSP Staffing (Pty) Ltd Deborah K. Amy Wright Jessica Prout #ExternalAudit #ConsultingCareer #CareerGrowth #ProfessionalDevelopment #AuditLife #FinanceCareers #MondayMotivation #AuditConsulting #AuditCareers #FinanceJobs #CareerAdvice #ProfessionalGrowth #ContinuousLearning #AuditProfessionals #CareerOpportunities #JobSearch #CareerDevelopment