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WORKING INTERNATIONALLY
The ICAEW is a global organisation serving a truly global profession, with members around the world who create value in every field of business and practice. The Institute’s 2008 Career Benchmarking Study, conducted in collaboration with recruitment company Robert Half, revealed that nearly two-thirds of members questioned have international experience either from working in another country, travelling as part of their job, or by regularly collaborating across other countries and time zones.
It is with this in mind that we have launched this guide to working internationally. Here, you can find out about the resources we have put at your fingertips to inform and guide you on the professional and business environments in different countries. You can learn more about the transportability of your qualification, find out how we support you with networking and support opportunities around the world, and hear directly from some members on how international experience has helped their career progression.
It is our role to help you identify and seize international opportunities, and support you as you move through your career in a truly global profession. If that involves looking beyond your current location, I hope this handbook goes some way to assisting you on that journey.
Sharron Gunn Director, Member Services
put yourself in the picture
For international career opportunities www.tonicir.com3
INTRODUCTION
It’s a big world. But it’s totally connected. As our globalnetwork of firms proves. What’s more, with over 150,000people active in 153 countries, we can not only apply ahuge array of perspectives to client issues, we can alsooffer unrivalled opportunities to visit different countries,experience different cultures and benefit from exposure
to different ways of working. The result? We get morerounded business advisors. And you get the chance to do something enormously positive for your career.After all, it’s no coincidence that 64% of our Partnershave completed an overseas secondment. See howfar you could go at www.pwc.com/globalcareers
Assurance, Tax and Advisory Consultants • Global opportunities • All levels
We value diversity in our people.
© 2008 PricewaterhouseCoopers. All rights reserved. “PricewaterhouseCoopers” refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
You’ll benefit from all sorts of viewpoints.
The ICAEW has membership recognitionagreements with accountancy bodiesaround the world. So if you’re planningto live and work in another country, youmay be able to join the local institute –provided you maintain your ICAEWmembership.
Practising and auditing rights are notautomatically included in membership.You may need to undergo furtherassessment, and in some cases, they maynot be available.
The ACA designation can be usedanywhere within the EU, in accordancewith the usual guidelines. Outside theEU, you are advised to use ACA (ICAEW)in order to clarify your qualification.
More information is available on the ICAEW website.
USING YOUR QUALIFICATIONINTERNATIONALLY
ICAA IN AUSTRALIANo further assessment required,except to gain audit rights.
SAICA IN SOUTH AFRICANo further assessment required.
NZICA IN NEW ZEALANDNo further assessment required.
CANADAYou should apply to the localprovincial institute. You will need tofulfil local law and practicerequirements, but it is possible togain audit rights.
HKICPA IN HONG KONGNo further assessment required.
ACA RECOGNITION IN EU STATESYour ACA qualification should berecognised by EU member statesunder either the EU Directive on the Recognition of ProfessionalQualifications or the EU Directive on Statutory Audit. You shouldtherefore be able to obtainaccountancy or audit recognition in another member state by passinga qualifying aptitude test.
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In today's challenging global marketplace, companies require internationally committed and technically outstanding professionals who truly understand their business needs.
For a confidential informal briefing on the international market place please contact Paul McCann [email protected] or Angus Braham [email protected]
“One’s destination is never a place, but a new way of seeing things.” –Henry Miller
Assistant Manager / Manager – Transaction Services – Western Europe
As Western Europe’s largest firm our client is looking to strengthen its pan European offering to its multinational client base. They currently need UK Qualified ACAs who have worked within TS / M&A and speak a 2nd European language.
Seniors, Managers, Directors - IFRS / US GAAP Advisory – USA
Working for the world’s premier accounting firm, your role will be to provide strategic, technical and project management assistance to companies seeking expertise in US GAAP / IFRS conversion.
Managers / Senior Managers – Australia
Our client is a member of the Big 4 and Australia’s leading practice firm. To support their client’s growing needs they are looking to appoint a number of UK trained ACA’s who are keen to develop their careers across the assurance and advisory service lines.
Seniors / Managers – Caribbean
Our client has made their Caribbean firm the “Go to” provider of all accounting services in the region. They have one of best client portfolios and are able to offer unrivalled experience to a small number of UK trained ACAs each year.
www.mccannbraham.com020 8704 1221
That’s why they choose to work with McCann & Braham, the international search specialists.
Managers / Senior Managers- Internal Audit Services - China
An excellent opportunity has arisen to join a rapidly expanding advisory service line within this Big 4 firm based in China. With the main focus on risk, control and assurance, you will be at the cutting edge of all corporate governance related matters within the region.
Keep up to date with ICAEW events and activities around the world. You’ll find a wealth of member-only resources on our website, providing research, analysis, statistics, and business and accountancy information for over 70 countries. Click on a region to visit ICAEW worldwide.
In addition to the UK headquarters and regional offices we have offices or representatives in:
•Belgium
•China
•Hong Kong
•Malaysia
•Russia
Contact details for all ICAEW offices
The ACA is a qualification relevant to your business wherever you are in the world. We offer programmes leading to the ACA qualification in:
•China •The Gulf •Romania
•Cyprus •Malaysia •Russia
•Greece •Pakistan •Singapore
See page 11 for a more detailed look at the institute’s online international resources for members.
6
ICAEW WORLDWIDE
AFRICA USA CANADA UNITED KINGDOM CHANNEL ISLANDS EUROPE
WORLDWIDEOPPORTUNITIESBERMUDA CARIBBEAN AUSTRALIA NEW ZEALAND ASIA MIDDLE EAST
Where will you be in 2009?Think Global Recruitment is a leading international recruitment consultancy that specialises in finding jobs for accountancy and finance professionals, moving them to some of the most sought afterdestinations around the world.
If you are a qualified accountant, or about to qualify,don’t hesitate to contact us to discuss the fantasticroles we recruit for across the globe! “It’s a wonderful experience that will make yourprofessional life better and personal life fuller.”Gerard, Russia “Think Global Recruitment lined up two interviews within a short time. Both companies offeredpositions.” Ann, Luxembourg “I wanted to improve my quality of life and progress my career. I feel I have definitely achieved both of these goals.” Gina, New Zealand For more information visit: www.thinkgr.com or contact us at: T: +44 (0) 131 240 1291E: [email protected]
In a bid to ensure that the profession as awhole is better able to respond to thechallenges of globalisation, an alliance ofleading professional accountancy bodies insignificant capital markets was formed inNovember 2005.
The ICAEW is one of the nine foundingmembers of the Global Accounting Alliance(GAA), which represents over 750,000professional accountants in over 140 countries.
The GAA provides a structure in which thesebodies can work more closely on issues thathave implications for multiple jurisdictions.The Alliance works with national regulators,governments and stakeholders, and with otherinternational bodies, especially IFAC. In thisway we are able to provide real leadership onkey issues that are important to our members.
The GAA also supports members with the dailychallenges they face combining global andlocal knowledge. GAA Passport for MemberServices provides access to local support andservices to members working in a countrycovered by a GAA Institute.
Services on offer vary across locations butinclude CPD and networking events,membership of technical groups, libraryservices, and local meeting facilities.
RESPONDING TO THE CHALLENGES OF GLOBALISATION
GAA MEMBERS
Institute of Chartered Accountantsin England and Wales (ICAEW)
The American Institute of CertifiedPublic Accountants (AICPA)
Canadian Institute of CharteredAccountants (CICA)
Hong Kong Institute of CertifiedPublic Accountants (HKICPA)
Institute of Chartered Accountants in Australia (ICAA)
Institute of Chartered Accountants in Ireland (ICAI)
Institute of Chartered Accountants of Scotland (ICAS)
New Zealand Institute of CharteredAccountants (NZICA)
South African Institute ofChartered Accountants (SAICA)
8
There are almost 20,000 ICAEWmembers who live outside the UK, andmany more who travel to other countriesin the course of their work. The ICAEW’smember support network, and ourrelationships with other accountancybodies, provide local support andnetworking opportunities in manydifferent locations around the world.
GLOBAL ACCOUNTING ALLIANCE(GAA)The GAA Passport for Member ServicesProgramme provides members withaccess to events and local services inAustralia, Canada, Hong Kong, NewZealand, South Africa and USA.
CCAB GROUPS IN EUROPEThe Consultative Committee ofAccountancy Bodies has groupsthroughout Europe that providemembers of ICAEW, and the other CCABbodies, with in-country technical andsocial networking opportunities.
CITY GROUPSInstitute City Groups in Sydney,Melbourne, Kuala Lumpur and Singaporefacilitate events and social get-togethers.
MEMBER NETWORKING AND SUPPORT
CONTACT MEMBERSOur network of 56 contact members in 50 countries provides a local friendlypoint of contact, particularly helpful forwhen you first arrive in a new country.
ASSOCIATION OF CHARTEREDACCOUNTANTS IN THE USA (ACAUS)ICAEW members in the USA getcomplimentary membership of ACAUSand access to its support services andevents.
10
COST OF LIVING REPORTSProviding up to date comparisons on the cost of living in 140 countries.
COMPANY INFORMATIONFree company reports on the top10,000 companies and internationalcompany reports.
INDUSTRY INFORMATIONFree UK and international marketresearch reports
Can’t find what you need? Drop us an email and we will respond within 24 hours or call +44 (0)20 7920 8620.
LIBRARY AND INFORMATION SERVICE
Tap into the world’s leading accountancyresource online and you’ll find thousands ofbooks, journals and reports to support youin every aspect of your work – wherever inthe world you are.
Whether you need the tax rates in Poland ora profile of Chinese gas utilities, make theeLibrary your first port of call. Popularresources include:
COUNTRY RESOURCESEconomic forecasts, industry and labourmarket reports, country guides and taxinformation for over 70 countries. Exploreour country resources.
BUSINESS JOURNALS Articles from international business journalsand trade magazines.
EBOOKSA series of Doing business with… eBooks,including ‘Bridging the Culture Gap: APractical Guide to International BusinessCommunication’
LINKSOver 10,000 links to useful sources ofinformation, including IAS/IFRS and GAAPcomparisons links pages containingarticles, online guides and reading lists.
11
AUSTRALIA
With breathtaking landscapes, beautiful beaches, cosmopolitancities and an agreeable climate, it’s easy to see why Australia isnicknamed the ‘lucky country’ and why it’s a popular destinationfor skilled accountants looking to make a career move.
The Australian Institute of CharteredAccountants recognises the ACAqualification, which means thatgetting a job and a visa to work inAustralia is easier.
Many ACAs have made the move toAustralia and work in a range of rolesincluding tax, audit, mergers andacquisitions, and finance. They havefound its cities offer a fantastic lifestylewith a cost of living comparable to theUK. Abigail Stevens, Managing Directorof Think Global Recruitment, spends a lotof time in the country and meets manyBritish chartered accountants. She says,
‘Although many expats gravitate towardsSydney and Melbourne, each city has itsown unique style and many desirablereasons to live there. It is advisable tokeep your mind open and consider whatthe other cities have to offer and take theone with the best combination of careerand lifestyle for your individual needs.’
Those looking for roles in Australiashould be ready to provide strongreferences to prospective employers.Referencing is a very important part ofthe recruitment process in Australia andis often done before an offer is made.
AUSTRALIA
FAST FACTS
Average salary of ICAEW members:£78,000 basic plus £15,000 bonus*
GMT: + 8–10 hours
Currency: Australian Dollars (AUD)
Average daily temperatures:Canberra: Jan 28˚C Jul 11˚C
* Source: Career Benchmarking Survey 2008
There are very small cultural differencesbetween the ‘Brits’ and the ‘Aussies’,which makes it easy to settle in. In factthe two nations share a common senseof humour, which helps when buildingrapport in the work place.
Abigail adds, ‘You can’t really go wrongby moving to any city in this wonderfulcountry’.
Member support and resources inAustralia and the Oceania region
14
CITY FOCUS Perth has a strong economy based around its natural resources and isclose to the Margaret Riverwhich is one of the bestwine regions in the world.
Brisbane quotes itself asAustralia’s fastest growingcity, with an excellentclimate, modern architectureand the ability to getaround the city by boat.
For scenery, diving and a tropical feel, you maychoose Cairns.
Darwin offers great access to Asia and Kakadoo National Park.
© 2008 ZAO PricewaterhouseCoopers Audit and PricewaterhouseCoopers Russia B.V. All rights reserved. “PricewaterhouseCoopers” refers jointly to ZAO PricewaterhouseCoopers Audit and PricewaterhouseCoopers Russia B.V. or, as the context requires, other member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
Russia – The place to succeedIf you’re an Audit professional and want to make a quantumleap in your career, set your sights on Russia. Here’s why: • One of the strongest firms in the PwC Global Network;• Accelerated career path;• Exposure to greater responsibility;• Strong and robust client base;• Income tax rate of 13% (you do the math);• English-speaking office;• Full relocation support (It’ll still be an adventure,
but a pleasant one!);• Moscow, a multi-national city with the cultural and social
life you’d expect, and nightlife that’s unparalleled evenby London or NYC.
If you are seeking an opportunity to challengeyourself professionally in an environment where youcan truly make an impact, thenRussia might be right for you.
To learn more, contact Elena Grigoryan [email protected] check our career website for current openings:www.pwc.ru/career.
Planning a move overseas?Land on your feet with a Lloyds TSB International Account.
Lloyds TSB Bank plc Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Authorised and regulated by the Financial Services Authority and signatories to the Banking Codes. We are members of the Financial Services Compensation Scheme and the Financial Ombudsman Service. International Accounts will be opened by Lloyds TSB Offshore Limited or Lloyds TSB Bank (Gibraltar) Limited. Lloyds TSB Offshore Limited and Lloyds TSB Bank (Gibraltar) Limited are not, and are not required to be, authorised under the Financial Services and Markets Act 20000 of the United Kingdom and therefore are not subject to the rules and regulations of the Financial Services Compensation Scheme made under that Act for the protection of depositors. Other protection for depositors may be available, please check the relevant terms and conditions for international accounts. Legislation in your home jurisdiction may prohibit you from entering into transactions with us. We reserve the right to make final determination on whether you are eligible for any products or services.
Wouldn’t it be nice to know that a new bank account could be open and ready for you before you set foot in your new home abroad?For more details and some down-to-earth advice on living and working abroad, why not get in touch today?
call 020 7389 5308email [email protected]/icaew
UNITED ARAB EMIRATES
The United Arab Emirates (UAE) is a young, prosperouscountry with one of the fastest growing GDPs in theworld. And, as the region’s financial and services sectorhas boomed, there is a high demand from businesses forhighly skilled accountancy professionals who are fullyconversant with international practices.
Many ACAs are attracted to the UAE bythe prospect of not paying personal taxes,but often it’s the lifestyle that keeps themthere. The local currency is linked to theUS dollar offering some protection againstinflation, especially when many othercurrencies are weakening.
Anthony O’Sullivan, a partner at Ernst &Young in Dubai, moved to the Middle Eastsoon after qualifying, 11 years ago. He citescareer progression as a good reason to workin the UAE,
‘The region is expanding so fast, driven byoil and gas revenues. Dubai companies arenow using their spending power to buyinternational businesses and expandoverseas; our mergers and acquisitions workis extremely busy so we are expanding. Thatmeans accountants can move up the careerladder very quickly.’
As with all international placements, it cantake time to acclimatise to local practices.Accountants planning to move to the UAEwill have to complete documentation andorganise accommodation before arrival.While cultural diversity is one of the region’sstrong points, new arrivals need to bemindful of cultural misunderstandings anddifferent ways of working.
To meet the need for highly skilledaccountants, the institute launched anACA training programme in Dubai in2007. Nauman Asif, who works for PwCin Dubai, has noticed that the influx ofyoung accountants and rise of numbersof domestic accountancy students iscreating a strong professionalcommunity. ‘There is a surge in thenumber of ICAEW registered students inthe region’ he says.
So what does the future for accountantslook like in the UAE? Despite the recenteconomic downturn, oil and gas willcontinue to generate cash forinvestment. City infrastructures aredeveloping fast, and as the region
UNITED ARAB EMIRATES
FAST FACTS
Average salary of ICAEW members:£98,000 basic plus £42,000 bonus*
GMT: +4 hours
Currency: Emirati Dirhams (AED)
Average daily temperatures:Sharjah: Jan 23˚C Jul 38˚C
* Source: Career Benchmarking Survey 2008
20
THE EMIRATES
Of the seven Emirates, Dubai is thelargest, with around a third of thepopulation. It is also the leadingindustrial, commercial and tradingcentre.
The capital, Abu Dhabi, is slightlysmaller than Dubai but is growing at a tremendous pace.
Sharjah is the third largest, and theregion’s cultural capital.
The other Emirates, Ras al-Khaimah,Ajman, Fujairah and Umm al-Qaiwain,are collectively home to around 14%of the population*.
develops financially and culturally, jobopportunities for ACAs are set to grow.
‘I knew that I wanted to get out of Londonand was told that the Middle East was agood place to go. I had offers of jobs inSaudi Arabia, Abu Dhabi and Dubai, butthought Dubai would be the best routeinto the region. Like many people, I signed
a three-year contract but have nevermoved.’
Anthony O’SullivanErnst & Young, Dubai
Member support and resources in UAE and the Middle East region
* source: Economist Intelligence Unit, 2007 estimates
Our tax system won’t clip your wings.
With zero corporation tax,
no capital gains tax
and low personal tax rates,
the Isle of Man offers one
of the most attractive tax
packages available to business.
Click below for more information or
email [email protected].
When you’re moving abroad...
…always pack the essentials.At AIB, we understand the importance of genuine relationship managed banking facilities for theinternationally mobile. Whether a private client or an intermediary, we can offer you or your clients abespoke range of services designed to make life easier. International banking is all about attention to detail, and that is the hallmark of our success.
Better banking is as easy as AIB
Private clients contact
+44 (0)1624 639772
www.alliedirishoffshore.com
Intermediaries contact
+44 (0)1624 639651
www.alliedirishoffshore.com/intermediaries
AIB Isle of Man and Allied Irish Offshore are registered business names of AIB Bank (CI) Limited which is incorporated in Jersey, with registered number22189. Its registered office and principal place of business is at AIB House, 25 Esplanade, St Helier, Jersey, JE1 2AB. AIB Bank (CI) Limited operates abranch in the Isle of Man at 10 Finch Road, Douglas, Isle of Man, IM1 2PT. Its audited, consolidated paid up capital and reserves exceeded £130.8 millionas at 31 December 2007. AIB Bank (CI) Limited is a wholly owned subsidiary of Allied Irish Banks, p.l.c., which is incorporated in Ireland. AIB Bank (CI)Limited is not authorised by the UK Financial Services Authority. Deposits held with AIB Bank (CI) Limited are not protected by the UK Financial ServicesCompensation Scheme under the UK Financial Services and Markets Act 2000.
The Isle of Man branch of AIB Bank (CI) Limited is a member of the Isle of Man Depositors' Compensation Scheme as set out in the Compensation ofDepositors Regulations 2008.
Complaints made by private individuals that cannot be settled by the Isle of Man branch of AIB Bank (CI) Limited can be referred to the FinancialServices Ombudsman Scheme for the Isle of Man. There is no equivalent dispute resolution scheme in Jersey.
AIB Bank (CI) Limited is regulated by the Jersey Financial Services Commission for deposit-taking and investment business. The Isle of Man branch ofAIB Bank (CI) Limited is regulated and licensed by the Isle of Man Financial Supervision Commission to take deposits and carry on investment business.
ISLE OF MAN
The Isle of Man is a self-governing British CrownDependency in the Irish Sea, with a population of justover 80,000. It is a ‘low tax economy’, with no capitalgains tax, capped personal income tax, no stamp dutyor inheritance tax, and in most cases a zero ratecorporation tax. The excellent financial and taxationbenefits, effective collaboration and partnershipbetween public and private sectors, and world classtelecoms fibre connectivity, means the Isle of Man isan outstanding location in which to do business.
ISLAND LIFE
According to a recent MORI poll, 93%of residents are either happy or veryhappy with life on the Isle of Man. Theisland’s forward thinking approach hasenabled business to grow and prosper,creating diverse career opportunitiesthat allow people to have ambitionsand fulfill them.
A leading international finance andbusiness centre, the Isle of Man’s economyis built on offshore banking, insurance,fund management, precisionmanufacturing, shipping and aircraftregistration and tourism. However, theemergence of eBusiness, space commerceand eGaming has created rapid expansionon the island, producing newopportunities for ACAs.
For many companies the Isle of Man is seenas a springboard to the AIM market, and theisland has more non-UK companies listed onAIM than any other jurisdiction (Hemscott).
The island has a thriving accountancy sector,meeting its diverse economy’s needs andcomplimentary to those found in any majorcity. Leading accountancy firms on the islandinclude KPMG, Ernst & Young andPricewaterhouseCoopers.
Firms offer a broad range of services,consistent with the island’s diverse economy.The ability to expand and make the most ofopportunities is the result of an agile andsupportive government. In addition to thecompetitive and easy to understand taxsystem, businesses benefit from financial andprofessional support, including:
� A small business start-up scheme
� A business support scheme whichoffers 50% towards the cost ofprojects in a wide range of businessdisciplines up to maximum level of£4,500 per project. Trade associationsshare a productive relationship with aGovernment that is vigorous atpromoting island sectors overseas
� A Financial Assistance Scheme offeringgrants for equipment, training andbuilding of up to 40%
Member Support and Networking on the Isle of ManFor more information see the Isle ofMan Society of Chartered Accountants
ISLE OF MAN
FAST FACTS
Average salary of ICAEW members:£63,000 basic plus £13,000 bonus*
GMT: +0 hours
Currency: Manx pounds (equivalent to Sterling)
Average daily temperatures:Jan 7˚C Jul 18˚C
* Source: Career Benchmarking Survey 2008
26
TOP TIPS FOR A SUCCESSFUL MOVE
PAPERWORK Organise your passport, visa and workpermits well in advance.
BANKINGSet up your new bank account beforeyou leave. Ask your bank to advise youabout this.
BILLS AND DIRECT DEBITSNotify your bank, mortgage provideror landlord, utilities suppliers andinsurers of your move.
TAXATIONEnsure you notify the authorities youare leaving the country, and ensureyou are taxed appropriately. If you’releaving the UK, you should completeform P85 from Revenue and Customs*.
UK INCOMEIf you will be paying tax locally, butreceiving interest income from savingsor rental earnings in another country,you may need to declare it. If youmoving out of the UK but still earninginterest there, you will need tocomplete form R105 from Revenueand Customs*.
DRIVING LICENCECheck whether your driving licencewill be valid, and apply for aninternational driving permit ifnecessary.
VOTINGYou keep the right to vote whenmoving overseas, so remember tocomplete an overseas registration form.
Source: Chris Casdagli at Tonic Recruitment
*Please ensure you take advice from your local tax office
28
Success on a truly global scaleReckitt Benckiser is a hugely successful global FMCG company with operations in 60 countries and annualrevenues exceeding £5 billion. We hold a strong position in the FTSE 30 and are the name behind many market-leading household, health and personal care products.
Ours is a dynamic multi-cultural working environment, we take pride in achievement and have a truly personalcommitment to delivery.
Senior Internal Audit ManagerWest of London + 50% international travel – excellent packageThis exciting opportunity, based at our global head office, is a key role in our world-class team of senior auditorsreporting to the VP Internal Audit. The position has global, regional and functional responsibilities, focusing onrisk and opportunity. You will develop long term strategic audit plans, contribute to high profile projects includingbusiness risk management, financial processreview/control/improvement and project evaluation.This high level exposure across the Group provides aplatform for career progression – the role has a trackrecord of developing future Finance Directors. Ambitionand international mobility are essential.
ACA/equivalent qualified, you will have significant senioraudit experience in a major international company oraccounting practice with a strong grasp of riskmanagement and internal control. A highly motivatedteam player, you must combine a practical hands-onapproach with a high degree of commercial awarenessand confidence to present ideas to senior management.
Applications with CV to our advising consultantsMcCann & Braham at: [email protected] call +44 [0] 208 704 1221, all in strict confidence.
www.reckittbenckiser.jobs
Rachel trained in the UK with a wellrespected mid-tier firm and qualifiedin 2000. After all the hard work to gether qualification Rachel decided thatan international move would be agood next step in her career.
Having discussed her options, Racheldecided Bermuda fitted what she waslooking for: a focus on financial services,entry to the Big Four, and a lifestyle thatwas very different to living in London.
At the end of her two year contract,Rachel had some choices to make. Shewas offered the chance to stay on withthe firm as a manager and was alsooffered roles within Big Four firms inCanada, Hong Kong and Australia. Asshe was really enjoying her work and herlocation Rachel decided to stay whereshe was. After only another two yearsshe was promoted to senior managerwithin the financial services team – apromotion that came far faster than ifshe had stayed in London.
In her fifth year on the island, a Europeanfund management firm, one of herclients in Bermuda, offered her a positionin Paris as an analyst. Her partners werevery happy to support the move and she
MEMBERS’ EXPERIENCES
left them on very good terms. Two yearslater, and based on the knowledge andexperience gained in Bermuda, Rachelwas offered the chance to be a fundmanager within the insurance sector.
Rachel decided to return to the UK in 2008 and now runs the sales and marketing team for a Canadianfinancial services company.
Working in a new country is a big step; however the rewards both professionally and personally are immense.
Over the last 10 years we haveworked with a large number ofaccountants from newly qualified upto partner level and, without a doubt,the overall feedback about workinginternationally has beenoverwhelmingly positive.’Angus Braham of McCann & BrahamInternational Search and Selection.
30
‘‘
PricewaterhouseCoopers believesmobility benefits everyone. Employeesget a richer career experience. The firmgets more rounded business consultants.And clients get people who are betterequipped to offer sound, well-informedadvice. It’s a win-win situation.
For that reason, the firm activelyencourages movement across businessareas and countries. In the first six monthsof 2008, 763 PwC people were secondedfrom roles overseas to the UK, and 462 UK staff moved to roles overseas.
Colin Bates, one of PwC’s Partners, hascertainly made mobility work for him.
I’ve been at PwC for 11 years now andworked across many different clients,countries and business practices. I startedout in Bristol and then, post qualification,moved to a different practice in Londonbefore relocating to Germany where I wasinvolved in a significant acquisition. I firmly believe that a wide range ofexperience develops your skills and bringsbroader business knowledge – and that’swhat clients are looking for. The more youmove around, the further you extend yournetwork, external and internal. My adviceto others? Think flexibly.’
AccountantTax ManagerBusiness AnalystCompliance ManagerChief Financial OfficerInternal AuditorFinancial ControllerSystems Analyst
Audit SeniorFinance ManagerTreasury ManagerFSA Reporting Group AccountantHead of FinanceFinancial AnalystInvestment AnalystManagement AccountantOperational AnalystFinancial AccountantAudit ManagerProject AccountantReporting AnalystRisk ManagerSystems AccountantTax AccountantFinancial DirectorTreasury Accountant
WWW.ICAEWJOBS.COMJOBS FOR QUALIFIED ACCOUNTANTSTop Employers, UK and Worldwide
