What is a Part-Qualified Accountant:
Part-Qualified Accountants (PQ) support the Accounting function within an organisation where the main responsibilities would include:
Assist in month end accounts preparation & balance sheet reporting
Complete tax returns
Weekly bank reconciliations
Assist with completion of monthly, quarterly and annual returns
Assist with any ad hoc projects as required
How to secure a Part-Qualified Accountant role:
There are two ways that people tend to secure a PQ role; they will either go into a PQ role after they finish college or they will work in a finance function within a company and progress into a PQ position once they gain experience and undertake exams.
Acquire a trainee accountant position in Practice or Industry. The majority of candidates who have studied Accounting in their undergrad/masters will receive exemptions when they undertake their exams. The main exams they tend to do are ACA/ACCA but can also do CIMA/CPA
There will be the opportunity to move during your training contract, especially when working in industry. The main factor to move would be that you are getting more exposure in different areas as you progress through your exams.
Future career prospects with this experience:
Typical moves would be into the following positions: Financial Accountant, Commercial Accountant, Auditor, Financial Reporting.
€28,000 – €42,000 – this may seem very broad but can vary DOE.