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Here's how you can transition from temporary to permanent accounting positions and reap the benefits.

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Navigating the world of accounting can often lead you down a path of temporary positions, which can be a strategic stepping stone to permanent roles. If you're currently working in a temporary or contract accounting position, you might be wondering how to pivot into a more stable, long-term role. The benefits of permanent employment, such as increased job security, potential for career progression, and often better compensation packages, are compelling reasons to make the switch. Understanding the right strategies to transition can set you on a course to reap these rewards and solidify your standing in the accounting field.

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Chizoba Afoma

Accountant/Finance Officer/Accounting Executive
Meng Hock Tan ????

External Audit | Financial Reporting | Know Your Client Compliance | Big Four | Associate Member of the Institute of…

1 Polish Skills

To transition from temporary to permanent accounting roles, it's crucial to continuously refine your accounting skills and stay abreast of industry changes. This means mastering not just the fundamentals of accounting, but also becoming proficient with the latest accounting software, understanding complex financial regulations, and developing analytical skills that can provide strategic insights. By demonstrating a commitment to professional development and showcasing an up-to-date skill set, you become a more attractive candidate for permanent positions.

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Chizoba Afoma

Accountant/Finance Officer/Accounting Executive
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Aside having the skills set, the accountant's willingness to settle for a permanent position also has to do with the work culture of the current company. The company has to have a career path that the accountant will consider worth settling into. Otherwise, with a permanent contract being offered, the accountant will still not accept but prefer a temporary role. An instance is a toxic work environment.

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Meng Hock Tan ????

External Audit | Financial Reporting | Know Your Client Compliance | Big Four | Associate Member of the Institute of Singapore Chartered Accountants (ISCA)
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The transition from temporary to permanent accounting roles, I think it has to do a lot with your work performance and also subject to the available vacancies of a permanent accounting role, as well as the business needs, apart from refining your accounting skills. If you started off as a temporary accounting staff, and if the finance manager or finance head likes you and likes your work, then they will just instruct the Human Resource site to offer you a permanent role in joining them. To sum up, it all depends on your work performance as a temporary staff and subject to the needs of the business.

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2 Build Networks

Networking is a powerful tool in any career transition, especially in accounting. Start by building relationships within your current temporary role. Engage with colleagues, supervisors, and other professionals in the industry. Attend industry events, join accounting forums, and consider membership in professional organizations. Your goal is to create a network of contacts who know your work ethic and can vouch for your abilities. When permanent positions open up, these connections can be invaluable in getting your foot in the door.

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3 Exceed Expectations

As a temporary accountant, aim to exceed expectations in every task you undertake. This means delivering high-quality work ahead of deadlines, showing initiative by identifying and solving problems before they escalate, and volunteering for challenging projects that can showcase your skills. Employers are more likely to consider you for a permanent role if you have a proven track record of going above and beyond what's required. Your work ethic can set you apart from other candidates and demonstrate your readiness for a long-term commitment.

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Meng Hock Tan ????

External Audit | Financial Reporting | Know Your Client Compliance | Big Four | Associate Member of the Institute of Singapore Chartered Accountants (ISCA)
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Regardless of whatever roles we are in, we always try to do our utmost best for the company because we are salaried workers. Before embarking on the tasks assigned, do always check in with the manager or supervisor that assign you the task on their expectations, so that you will have a more thorough understanding of what you need to do and what is expected from you. After checking in with them, then you will have a complete understanding and might perform to exceed their expectations.

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4 Express Interest

If you're interested in transitioning to a permanent position, it's important to communicate this to your employer. Take the initiative to discuss your career goals and express your interest in staying with the company long-term. Be prepared to explain how your skills and experience align with the company's needs and how you can contribute to its success. A proactive approach shows employers that you're serious about your career in accounting and eager to invest in their organization.

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5 Seek Feedback

Regular feedback is essential for professional growth and making the transition from temporary to permanent employment. Request feedback from your supervisors and peers to understand your strengths and areas for improvement. Use this information to refine your approach to work and address any gaps in your skill set. Demonstrating a willingness to learn and adapt based on feedback can impress employers and show that you are committed to excellence in your accounting career.

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6 Know Your Worth

Understanding your value in the accounting market is key when seeking permanent employment. Research typical salaries and benefits for permanent accounting roles and be prepared to negotiate your terms based on your experience and skills. Knowing your worth not only helps you secure a fair compensation package but also signals to employers that you are a knowledgeable and confident professional who takes their accounting career seriously.

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Meng Hock Tan ????

External Audit | Financial Reporting | Know Your Client Compliance | Big Four | Associate Member of the Institute of Singapore Chartered Accountants (ISCA)
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Knowing your worth is about knowing what you deserve and what you have to offer. People with high self-esteem already know that their worth is not dependent on their successes. But it has a lot to do with their strengths and weaknesses.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Here's how you can transition from temporary to permanent accounting positions and reap the benefits.

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1 Polish Skills

2 Build Networks

3 Exceed Expectations

4 Express Interest

5 Seek Feedback

6 Know Your Worth

7 Here’s what else to consider

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