From audit to finance consulting: a career switch for more impact and autonomy
28 August 2024You started your career in audit, but after a few years, you realize it doesn't provide the fulfillment you're seeking. What now?
External audit is an engaging field, offering the opportunity to quickly build a strong foundation in finance and bookkeeping. You can also develop your analytical skills and have the chance to work with a variety of companies across different sectors.
However, many external auditors find that their work lacks creativity and proactivity. Verifying numbers prepared by others and completing extensive checklists for controls can eventually lead to the feeling that you're not making a real impact on the companies you work for.
Is it time to change careers and work as a finance consultant?
- From auditor to expert: As a finance consultant, you can make a bigger impact on the companies you work for.
- Flexible career path: You have the freedom to shape your own career path, tailoring it to your interests and ambitions.
- Better work-life balance: You gain more control over your schedule, with a workload that’s better distributed throughout the year.
- More appreciation: Instead of being seen as a mandatory thing, as a finance consultant, you're more valued for your contributions and insights.
- Deeper client relationships: You get to work on one project or client for a longer period of time, allowing you to make a greater impact and deliver higher quality.
From auditor to financial expert
In external audit, your task is clear: verify the accuracy of the provided figures. This work is essential for a company’s financial integrity, but it can also feel limiting. You’re bound by rules and materiality thresholds that determine which discrepancies are significant.
As a finance consultant, on the other hand, you have the opportunity to set your own direction. You’re responsible for the figures, advising companies on how to improve their financial processes, or creating the reports that inform strategic decisions as a controller.
As a finance consultant, you build a dynamic career that can be more fulfilling.
Flexibility to shape your own career path
One of the biggest differences between external audit at a Big Four company and consultancy at TriFinance is the career structure. In audit, your career path is laid out for you: you start as a junior, progress to senior, and then to manager. Everyone follows the same trajectory, with the same growth in responsibilities and salary steps. This predictable path is clear, but it offers little room for personal input, detours, or crafting your own growth path.
As a finance consultant at TriFinance, you’re at the helm of your career. You have the freedom to choose your own path, depending on your interests and ambitions. Bookkeeping, controlling, finance & people management, data analytics, risk management—you name it! Together with the internal BaseCamp team, you take the time to reflect on your short and long-term ambitions and seize opportunities to achieve them through projects that align perfectly with your growth trajectory. This way, you build a dynamic career that can be more fulfilling.
Taking control of your work-life balance
The workload in external audit can be extreme, especially during the 'busy season.' With workweeks of 50 to 70 hours being more the norm than the exception, there’s often little time left for activities outside of work. The sudden drop in workload during the summer months brings the challenge of using your work time meaningfully. This rhythm is, to say the least, challenging.
Every job in finance will have peaks and dips in workload, but these are less intense and better distributed throughout the year. Think of month-end closings, reporting deadlines, or project deadlines. As a project consultant, the settling-in period at a new client is often more demanding, but with an average project duration of 6 months to a year, these busier periods occur less frequently. This allows you to have more control over your schedule both at work and outside of it. Starting or resuming exercise, making time for family, friends, or your partner—all of this fits back into your schedule and will undoubtedly increase your happiness.
As a finance consultant, you provide support to companies seeking help with their specific challenges. The client team is eager to welcome your assistance and insights.
From necessary evil to valued consultant
Auditors are undeniably necessary and play an important role in the business world, but they are unfortunately not always well-liked. Since external audit is mandatory, clients often see the auditor as a necessary evil and a burden. This makes it harder to find satisfaction in your job.
As a finance consultant, you provide support to companies seeking help with their specific challenges. The client team is eager to welcome your assistance and insights. This position not only makes the work more interesting, but also ensures that you receive more appreciation for your efforts.
Another advantage of a job as a finance consultant is the opportunity to focus entirely on one project or client at a time, and for an extended period.
In-depth client relationships and focus on quality
Another advantage of a job as a finance consultant is the opportunity to focus entirely on one project or client at a time, and for an extended period. In audit, you often work for multiple clients simultaneously, with tight deadlines and a backlog of work. This can compromise the quality of your work and your own job satisfaction.
As a project consultant at TriFinance, you offer long-term support to the client, allowing you to dig deeper and make a more significant impact.
Interested in making the switch?
Apply now and let’s talk about your ambitions!
As a consultant at TriFinance, you have a vast range of career opportunities. From a hands-on role to a position as an expert or advisor: you will have the opportunity to shape your career with the support of our internal BaseCamp team and experienced fellow consultants.
In addition to a job as a Finance Consultant in Controlling or Bookkeeping, a role as an Internal Auditor perfectly complements previous experience as an external auditor.
“Risk Advisory covers internal audit, internal control and risk management services, always using data analysis techniques to support companies in achieving their strategy and objectives.
The primary goal of Risk Advisory is to help organizations understand and effectively manage their strategic, operational, financial and compliance risks to ensure business resilience and long-term success”, explains Expert Practice Leader Risk Annemie Pelgrims. In today's business context, organizations face a complex array of risks, from cyber threats and human capital risks to non-compliance with new (ESG) regulations. As an internal auditor, you'll provide a structured approach to navigating this complexity, enabling organizations to make informed decisions.
Related content
-
Blog
Laurens made his way in finance: from bookkeeper to financial controller at TriFinance
-
Reference case
Building a roadmap to e-invoicing compliance at a clean-energy provider
-
Blog
The Controlling Academy: How young finance professionals are building their future in controlling
-
Blog
Looking to become a Business Controller? The Controlling Academy ensures that you will acquire the right knowledge and skills
-
Blog
Conversation tables: language as a connecting factor
-
Reference case
From process optimization to Treasury expertise: a Project consultant's journey through a critical transition
-
Career as Consultant
Data Engineering Manager
-
Career as Consultant
Enterprise Performance Management Consultant
-
Career as Consultant
Finance Consultant
-
Career as Consultant
Risk advisory consultant
-
Career as Consultant
Project Manager Finance
-
Freelance opportunities
Interim Manager Finance | Wallonia