It’s been quite a few years (please don’t ask how many) since I graduated, but I can still remember wondering what my next steps would be. For new graduates considering career options and potential employers, it is an exciting time filled with possibilities – but it can also feel a little daunting.
From personal experience, I believe one of the most valuable opportunities for new graduates is mentorship. At Baker Tilly Windsor, we’re committed to providing mentorship by offering meaningful and rewarding learning experiences to those embarking on their professional journey.
Specifically, as it relates to the accounting industry, what should new graduates just starting out look for in a potential employer?
Mentorship
At the earliest stage of your career – even before you’ve fully decided what area to pursue – having a strong mentor can dramatically accelerate your professional development, leading to better opportunities more quickly. What you learn in the classroom is important, but what you can learn from a mentor is indispensable because it can open so many doors you might not otherwise have.
Growth
Closely linked with mentorship, opportunities for growth are essential to professional and personal development. It’s important to seek out a firm genuinely committed to supporting your goals and progress – especially when it comes to major milestones, such as preparing for the Common Final Examination (CFE).
Our firm has a long tradition of providing both formal and informal mentorship opportunities throughout your career, especially at critical early stages. Not to brag (okay, maybe a little), but our firm’s 100 per cent CFE pass‑rate and two honour roll recipients are a source of pride for us. It demonstrates our commitment to our staff’s growth and success.
Big names aren’t everything
While the “Big Four” may be good companies to work for, do not dismiss or discount the breadth of professional opportunities and possibilities a position at a smaller firm can provide. Large multinational accounting firms can have narrowly defined roles, which can limit your exposure to other areas.
On the other hand, independent firms – such as Baker Tilly Windsor – provide real exposure to a wide variety of opportunities right from the start, so you’re better able to see firsthand which area aligns best with your ambitions.
Culture and values
If a firm’s culture and values don’t mesh with your personal ones, it’s a good sign the firm is not the right place for you. You simply won’t be happy professionally, or personally. At smaller independent firms, like ours, you’ll have the chance to meet and talk with senior leadership – including partners – so you can really gauge if our culture and values align with what you’re looking for.
Leadership and management
Management styles vary widely and each firm will have their own approach. Finding a firm with the management style that satisfies your personal preferences and expectations from leadership not only makes the workday more rewarding, but also helps with career development.
Some firms take a very intensive approach to management, which can feel as if you’re being micromanaged. If that’s a style you’re comfortable with, it can provide a sense of security. However, if you prefer a more “hands off” approach, it may feel stifling and limiting.
At our firm, we try to strike the right balance that works for each individual. Often, this involves a mix of management approaches. At the end of the day, our firm tries to accommodate and adapt to the person, rather than the other way around.
Stability and reputation
Finally, seek out firms with a strong track record, growth potential and positive employee reviews. Consider longevity, market position and how the broader business community views the firm.
Ultimately, as a new graduate, always remember you have the power to shape your career path. You’ve worked hard to get to this point, so the firm you choose should work just as hard for you.
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