Strategies for Working Abroad as an Accountant: How to Increase Your Chances
dreaming of working abroad as an accountant? With the global demand for skilled professionals, the opportunity to expand your career internationally is within reach. However, the journey to becoming a global accountant isn't straightforward. This article guides you through the initial steps to improve your chances of securing an international accounting role.
Starting Your Preparation
The journey begins with your educational background. To be competitive, you need to study accounting in the country you want to work in and pass their licensing exam. However, be aware that some countries like the Philippines may require citizenship. Therefore, researching the specific requirements of each country you are interested in is crucial. A degree is also a foundational requirement for many certification exams, such as the Chartered Accountant (CA) or Certified Public Accountant (CPA).
Qualification and Experience
Without at least a degree, you are unlikely to find employment as an accountant. Many accounting firms in countries like Australia, Canada, and others require professionals with at least a degree, such as a Chartered Accountant (CA). Additionally, having some work experience can significantly improve your employability. It’s worth considering seeking opportunities in smaller firms or in your home country to gain practical experience before making the leap.
Navigating Visa Requirements
Visa requirements can vary widely from country to country. Most countries require a work visa, which often necessitates applying before obtaining an offer of employment. However, if a company in the target country is willing to hire you, they can likely apply for a visa on behalf of a successful candidate. The visa process can be complex and time-consuming, so it’s important to begin this process early.
Targeting High-Demand Countries
Depending on the country you are targeting, finding employment as an international accountant can be challenging. Countries like Australia and Canada have a significant oversupply of accountants and auditors, making the competition fierce. However, countries in the Middle East are sometimes more amenable to employing foreign accountants. If you are focused on a specific region or country, research the demand for accountants and the specific requirements and incentives for working in that area.
Long-Term Strategies
If the immediate opportunity to move abroad seems daunting, consider another approach. Working for a multinational company in your home country can provide you with the skills and experience needed to eventually move to an overseas branch. This path is often open to auditors as well, who may want to specialize in audit. Gaining international exposure and experience within a multinational firm can be a stepping stone to a more international role in the future.
Researching Work Permit Options
Identifying which countries offer relatively easy ways to obtain a work visa is essential. Some countries have flexible work visa options, particularly for young professionals under a certain age (often up to 35 years old). Countries like Portugal and Malaysia offer youth work permits. Researching these visa options can open up opportunities you might not have considered.
Networking and Connecting
Beyond the basics, establishing a professional network can be instrumental in your international career search. Utilize resources like the International Living website to find articles and resources on how to secure work in various countries. Joining expat forums and participating in online communities can also provide valuable information and connections. Engaging with local accounting groups and conferences can also help you connect with potential employers or clients.
Conclusion
Embarking on the journey to work abroad as an accountant requires thorough preparation, strategic planning, and a willingness to adapt. By focusing on your qualifications, understanding visa processes, targeting high-demand countries, and building a robust network, you can significantly increase your chances of achieving your international accounting career goals.
Keywords: accountant, international accounting, work visa