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LinkedIn Tips

LinkedIn Tips That Will Get You Noticed

Truth be told, there are many finance and accounting professionals who have not taken full advantage of LinkedIn as a career advancement tool.  But they should! LinkedIn is the number one social media platform capturing the attention of recruiters and hiring managers. However, keep in mind that, creating a profile is only a small part of using LinkedIn. If you only do the minimum, you are not utilizing LinkedIn’s full potential and the odds are that you will get lost in the crowd. We have compiled some LinkedIn tips below to help guide you to success.

In order to get the most out of LinkedIn, you need to highlight your skills, experience, education and positive attributes. As well as, actively engage with people and groups. When you contribute to group discussions, your contribution will be displayed on your status updates, attracting more people. Connections are also very important, you should have at least 500 connections relevant to your industry.   If you have under 500 connections, it reflects to other LinkedIn users, including hiring managers,  that you don’t have many people who desire to interact with you professionally.   Finally be sure to update your profile with recent promotions, new skills, degrees or certifications.  These updates reflect that you are career-oriented and focused on advancement. These above mentioned LinkedIn Tips keep your name in front of other professionals who may be able to help in your career advancement.

Gain Profile Design Prowess

Pay attention to the detail that lets the world see the true professional you are.

  • Skilled use of search engine optimization (SEO) assures that recruiters find your page. To select those:
    • Pick key terms from your current job description such as “data analysis” or “P&L Management.”
    • Choose key terms from descriptions of jobs you hope for, and for which you are qualified.
  • Be headline and picture perfect!
    • Consider revamping your headline so that it goes beyond a job title. Use it to showcase your skills and aspirations.
    • Update your profile picture, assuring it conveys professionalism and approachability. According to LinkedIn, profiles with a photo are 21 times more likely to be viewed than profiles without. They are also 9 times more likely to receive connection requests.
    • Include a relevant background image that is distinct for you and your interests.
  • Update the skills section, again with SEO in mind.
  • Use the summary section to showcase your achievements and professionals goals. According to LinkedIn, recruiters consider it the most important section of your profile.
  • Add your location.  Most recruiters screen by location.  According to LinkedIn, by adding your city, you will boost your chances of being noticed by 23 times.
  • Add your education and school.  Profiles with education details receive 17 times more messages from recruiters.  However, there is no need to include your graduation year.

Job Search Management Tools

LinkedIn offers a comprehensive approach to managing your job search. Open the jobs icon and from there you can view salary ranges across the country, as you proceed to “career interests.” This is where you can turn on the “let recruiters know you are open” button and set privacy settings. Other settings offer:

  • Status of your search: pending, active, open to offers or not
  • Location options
  • Job title selection
  • Job type, such as full-time, contract, etc.
  • From there go to the “Go to Jobs” tab
    • Search jobs
    • Track jobs for which you have applied

Use LinkedIn to Broaden Your Network

Network on LinkedIn, reaching out to past colleagues or friends from school. Connect with people in your sector or in locations to which you hope to relocate. These Linkedin tips will help you gain the most out of your efforts.  For more LinkedIn tips, check out 3 Networking Questions to Ask on LinkedIn.

Are you looking for a new position? Click here to view a listing of available accounting and finance positions on our Beacon Resources job board and be sure to follow us on LinkedIn.

 

 

 

questions

Questions to Ask on Your 1st Day of a New Job

Starting a new job can be overwhelming.  You convinced your new employer that you are the right candidate for the position, but now it’s time to prove it. And a great way to start is asking the right questions.   Below are helpful questions you should ask your new employer on your first day:

Ask Questions about Onboarding Objectives

Companies vary with onboarding processes. Some are very specific with detailed objectives and benchmarks. Others are more laissez faire, completing the necessities at an irregular pace. Assure that you are completing required documentation, trainings, and introductions by:

  • Preparing questions about your new role for when you meet with your manager.
    • Ask if there are expectations that are not be included on the job description.
    • Does your manager have advice related to the position based on past experiences? Or perhaps there are hopes for the position if it is new to the organization.
  • Inquiring about orientation materials and dates for completion. This demonstrates your motivation and interest in addressing the preliminaries to move on to the work at hand.
  • Requesting opportunities to meet co-workers. This shows your interest in becoming part of the group, a positive soft skill.

Learn About Your Manager’s Preferences

Inquiring about your manager’s preferred modes of communication paves the way for clear communications and aligned expectations.  Points to touch on:

  • Is email, text, one-on-one, or phone preferred?
  • Do they prefer scheduled meetings?

Who Should I meet this week?

Begin forming alliances with key personnel immediately. Doing so will help you navigate your way to achieving your goals.  Often times, our successes or failures can be determined by the relationships we create.

Collect Insider Information

Workplaces have habits and particular insights that develop over time. Knowing these helps with being brought into the fold:

  • Insider jargon that has become shared workplace vocabulary.
  • Managers who are good mentors.
  • Parking particulars
  • Outfits to avoid on “dress down” days.

Job Seekers, are you looking for a new job?  Click here for a listing of available accounting and finance positions offered by Beacon Resources.

 

retired accountants

Income Options for Retired Accountants

You may have already retired or are considering doing so in the coming year. The lure of time for travel and special interests is balanced with retirement realities. Will you have too much free time on your hands? Financially, you’re fairly secure yet you are aware that there’s wisdom in continuing to earn as able. The good news is, there are multiple options for retired accountants who want extra income!

Finance and Accounting Consulting

Low unemployment in the finance and accounting sector is a boon for retired accountants! Large and small businesses are looking for consultants to supplement their workforce, particularly during peak seasons.

Personal Consulting

Or, you’re happy to leave corporate culture behind. Options are to work part-time, part-year preparing taxes either as your own enterprise or with one already established. If doing so on your own, you can serve clients year-round, advising them on financial matters.

Adjunct Faculty

Institutions of higher learning often need adjunct faculty. Retired accountants are a natural fit for this role if they enjoy mentoring others and are able to engage learners with varied learning styles.

Online Course Designer

During your work, you witnessed the void of engaging, professional, and informative online learning options for your staff. You’re also a bit of a tech whiz. Consider designing your own online course, reaping a commission each time a budding accountant signs up.

Grants Team Member

Look into non-profit organizations that are seeking grant writers and administrators. Large projects may need part-time accounting services to track multiple revenue streams, with associated expenditures and outcomes reporting. These projects may be remotely or locally available.

Entrepreneur

Yes, this may be a modest endeavor, finally having time to devote to an avocational interest. It may be the role of private tour guide or refinishing furniture for its next life. Whatever you choose, you have a distinct advantage as an accountant. You’re aware of the tax benefits of the self-employed and the best approaches for pricing.

 

You may also find “The Era of the Baby Boomer Consultant” helpful.

 

CMA

Pick Your Better Option: CPA or CMA

Although the CPA and CMA certifications are distinct, each offers a competitive edge and an attractive, reliable income. Working toward and attaining either one shows employers and clients your commitment to finance excellence. Be aware that the work you’ll be qualified to conduct is decided by the credential you choose. Here’s a summary of each including what to expect and keep watch for.

Select the CPA for Customer-facing Focus

Accounting functions for this highly valued certificate include tax preparation, audits, and finance reporting for individuals and corporations.

  • License requirements vary by state. However, you are likely to be required to earn 150 college credits. And a Master’s in Accounting, with one to two years of supervision by a CPA.
  • The National Association of State Boards of Accountancy is working with regulators and other organizations on an evolving licensure model.
  • Associated fees/costs: prep courses and associated fees are about $3000.
  • CPAs are required to complete 40 hours of continuing education per year.
  • CPA exam particulars include:
    • The pass rate hovers around 50%.
    • The CPA exam is offered four times a year.
    • It has four sections, each of which is four hours long. All must be passed within an 18-month period.
    • Study the RPA Exam FAQ

Choose the CMA for Executive Level Function

Pursue the Certified Management Accountant credential if you are on track for an executive or upper management level in accounting.

  • Requirements are a bachelor’s degree or professional accounting certification.
  • An Institute of Management Accountants (IMA) membership is needed to take and maintain the CMA.
  • Associated fees/costs of the exam are about $700 for professional members and about $500 for student/academic members, plus the IMA member fee.
  • 30 hours of continuing education are required each year.
  • CMA exam particulars
    • A pass rate of 50%.
    • The exam is offered 3 times a year.
    • The exam is taken in two parts, covering 12 competencies.

Without a doubt, either credential will be worth your while!

 

Are you  a CPA or CMA looking for a new position?   Click here to view Beacon Resources’ list of open accounting and finance positions.

 

 

 

CPA Skills

Surefire Ways to Gain Top CPA Skills

As a CPA you know that increasing your skills, including tech systems, requires continuous professional development. Have you decided to delve into this more? Here are some suggestions of where to begin updating your CPA skills, guiding you towards continued success!

Keep Your Tax Information Updated

Tax mandates and laws are continuously changing at the federal, state, and local levels. Your role requires that you keep yourself updated about changes, knowing where to find information at a moment’s notice. Your ability to do so, and translate changes to clients and managers, makes you a true accounting asset.

Refine Your Leadership and Management Style

To lead is one thing, and to manage another. As you expand your CPA role, consider the benefits of practicing both leadership and management. Turn to your community to delve into leadership by sitting on the board of a locally owned financial institution or civic organization. Doing so aids with developing public speaking security. In your workplace, request to shadow or be mentored by a manager whom you admire.

Hone Your Communication Skills

Your resume’s accounting skills might have landed you an interview, but keep in mind that employers are also looking for collaborative personalities, an executive presence, good conflict-management, and adaptability.

As an accountant, you most likely need to collaborate across departments and communicate with a wide variety of colleagues. Keeping in mind that your co-workers with may not be as finance savvy as you are, you need to be able to present information in an easy to comprehend manner. Conveying information clearly goes a long way toward supporting your credibility.

Build Business Expertise

Your accounting role is crucial for a business’s success, from financial stability to reporting assurances. This requires you to become well attuned to business practices as you gain experience and increased inclusion in decision-making.

Keep on Learning new CPA Skills

You’re sure to attain top CPA skills when you make continued education a priority. Assess your current CPA skill set, comparing it with accounting sector recommendations. Most likely you’ll find that keeping financial and tech knowledge current is at the top of the list. Share what you are learning within your team, encouraging others along the way.

Are you  a CPA looking for a new position?   Click here to view Beacon Resources’ list of open accounting and finance positions.