Developing a global mindset is essential if you want to progress in today’s competitive business environment. Experience of working internationally is often seen as critical career experience for reaching senior management levels.
Our career benchmarking survey showed that international experience has a positive impact on remuneration. Those who have worked outside the UK achieve the highest earnings of all UK ACAs. The average annual basic salary in 2014 is £90,800 (compared to £92,600 in 2013). View the full findings of the 2014 salary survey
It’s our role to help you identify and seize international opportunities, and support you as you move through your career in a truly global profession.
Whether you are attracted by career progression, working in a different culture, a better quality of life, higher income, or a different climate, why not start that journey now?
ICAEW has membership recognition agreements with accountancy bodies around the world. So if you’re planning to live and work in another country, you may be able to join the local institute without sitting further assessment, provided you maintain your ICAEW membership.
Your ACA qualification is also recognised by EU member states. You should therefore be able to obtain accountancy or audit recognition in another member state by passing a qualifying aptitude test.
We will support you wherever your career takes you. Our member networks cover all the major international financial centres. These, together with our relationships with other accountancy bodies, provide local support and networking opportunities wherever you are.
Rachel trained in the UK with a well respected mid-tier firm and qualified in 2000. After all the hard work to get her qualification Rachel decided that an international move would be a good next step in her career.
Having discussed her options, Rachel decided Bermuda fitted what she was looking for: a focus on financial services, entry to the Big Four, and a lifestyle that was very different to living in London.
At the end of her two year contract, Rachel had some choices to make. She was offered the chance to stay on with the firm as a manager and was also offered roles within Big Four firms in Canada, Hong Kong and Australia. As she was really enjoying her work and her location Rachel decided to stay where she was. After only another two years she was promoted to senior manager within the financial services team – a promotion that came far faster than if she had stayed in London.
In her fifth year on the island, a European fund management firm, one of her clients in Bermuda, offered her a position in Paris as an analyst. Her partners were very happy to support the move and she left them on good terms. Two years later, and based on the knowledge and experience gained in Bermuda, Rachel was offered the chance to be a fund manager within the insurance sector.
Rachel decided to return to the UK in 2008 and now runs the sales and marketing team for a Canadian financial services company.
PricewaterhouseCoopers believes mobility benefits everyone. Employees get a richer career experience, the firm gets more rounded business consultants. And clients get people who are better equipped to offer sound, well-informed advice. It’s a win-win situation.
For that reason, the firm actively encourages movement across business areas and countries. Colin Bates, one of PwC’s partners, has certainly made mobility work for him. He says
“I’ve been at PwC for 11 years now and worked across many different clients, countries and business practices. I started out in Bristol and then, post qualification, moved to a different practice in London before relocating to Germany where I was involved in a significant acquisition. I firmly believe that a wide range of experience develops your skills and brings broader business knowledge – and that’s what clients are looking for. The more you move around, the further you extend your network, external and internal. My advice to others? Think flexibly.”