Author Archives: Russell Garrett

PPR Evaluating & Accepting Offers

When meeting students for the first time during orientation, I often mention that some of the students will end up entertaining multiple employment offers and will need to evaluate them in order to determine which is the best offer to take. At that moment, I notice a few eyes glazing over or doubtful expressions arise that show me students have a difficult time believing this is possible at all, let alone a challenge that they themselves will one day face. The fact is…many students do! Maybe you are, or will be one of them. Here are a few things to keep in mind.

  1. Believe it is possible – When building momentum with a job search including determining a career focus, researching companies, targeting key staff members, generating in-person meetings, sending applications, having multiple interviews and even making it to the final round with more than one firm, it is quite probable that you could end up in this exact position. It is so much more inspiring having multiple companies interested in you, rather than sending out scores of resumes hoping just one employer will give you a chance. So be proactive and the chances are very possible you will find yourself in the very strong position of being able to decide which company you want to work for.
  2. An offer is not an offer….until it is an offer! – An offer is an official piece of correspondence by letter or email that is clear concerning the position, the terms of employment and the salary. You must have this in your hands to confirm you have an offer.

    If you hear from a company representative, HR staff member or other staff members that your chances are good, “that is not an offer.”

    If someone tells you they believe you are a fit in their company, “that is not an offer.”

    If an interviewer tells you they are quite sure you will get an offer, “that is not an offer.”

    If you feel like you have made an excellent connection with firm reps to the point where you are texting and meeting them socially, you might feel really special and positive, “that is not an offer.”
  3. When you have one offer and another final interview is approaching with a potential offer.

    Be sure to look at this realistically and understand that until the second offer officially comes, you only have “one” offer. This is especially difficult for people when the upcoming interview is with their favourite firm/company. Don’t let your emotions take over here. You will need to think this through because some actions have more inherent risk than others. Here are a few tips to manage this.

    If an upcoming interview will take place after the date you have been asked to accept a current offer, you have a few options. For Public Practice Recruiting, you have an offer deadline that will allow you the time and opportunity to make the best choice. Outside or PPR the following will more directly apply to you:
    – Accept the first offer and enjoy your new role (no risk)
    – Ask the company that you will be interviewing with to move their appointment up – if there is one. (some risk)
    – Wait for the second company to reach out to you if it is within the acceptable window of the PPR offer period, or the period where you should get back to any given company that has made an offer to you [24-48 hours]. (some risk)
    – Tell your favourite company that you have an offer from another company and you would really like to meet with them earlier if possible because they are your favourite company and you really want to work for them. (elevated risk)
    – Ask the firm that has made the offer for extra time (be specific) to get back to them due to some personal matters you need to deal with. (true…but…highest risk). [This will not be facilitated during PPR when specific dates are in place for offering and accepting/declining offers.]
    – According to the CPABC Recruiting Framework, and many people’s opinions concerning the proper ethics of recruiting, it would not be appreciated if you accept the first offer and then reject it when another offer is given. This is both an integrity issue as well as a decision that will put the firm you withdraw your acceptance from in a difficult position. Also, you may affect your reputation in the field and for future advancement. It is a small world!
  4. If you have multiple offers at one time. – Creating a pro and con list where you can identify the areas most important to you in your upcoming CPA experience/or as you seek to build your career path. 
    – Is it the prestige of a big 4 or national firm, or well-known brand? 
    – Is it the idea that you will be able to be involved with clients sooner than later? 
    – It is a small family your wanting? 
    – Is the large corporate structure where you want to develop your knowledge of the various service lines or global opportunities?
    – Is it a matter of the people you want to work with?
    – Is it a matter of location?
    – Is it more about your quality of life and family?
    – Is it about international travel for you?
    – What are the terms of employment?
    – What are the benefits?

    Once you have determined the questions then you can rate the offers using a 1-10 scale on each topic and you can add cons on the other side which may include things like; they are too far away from home, don’t have the long term path that you are wanting to pursue or their travel options are not as interesting to you as the others. Once you get this all down on paper, it is easier to make a true comparison and a decision.
  5. Accepting and Declining Offers – Whether you choose to accept or decline an offer, both should be done in writing. If you choose to talk to a person because the relationship you have with them, a quick phone call is also a possibility, but it should be followed by a written acceptance or declining email or letter.

For further information regarding this topics and others, be sure to view the Career Toolkits on Canvas revised specifically for DAP students. There are many things to prepare you for future career activities and strategies. Also, be sure to participate in the Fall Career Workshop Series taking place from Sep-Nov, 2021. These seven workshops will prepare you for everything from career planning to salary and employment offer negotiation.

I wish you the best to luck and hope everyone that reads this blog has the problem of multiple offers!

Russell

Russell Garrett is the Owner of Protocol Business Solutions, a Certified Career Consultant and the DAP Career Coach. Russell will be delivering workshops for DAP students Sep 20 – Nov 29, 2021. For scheduled in-person coaching appointments with Russell, you will be notified of dates through the DAP Student Blog and by email. These in-person 30 minute appointments will be located in COOL where you can register for the time slot that suits you best. Simply search using “Garrett” to find open slots. Russell is also available to DAP students for random online coaching appointments set up through email requests. You can contact Russell at dapcareersupport@sauder.ubc.ca.

Public Practice Recruiting – Interview Prep

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Seven things you can do to increase success in Spring PPR interviews.

I. Due Diligence

A. Research

Research is something that you can’t afford to overlook, avoid or disregard. Your ability to make an impact will largely have to do with what you know about the company, their business, service lines, programs, media commentary, culture, community involvement, hiring processes and the staff you will be in the presence of during the interview stage. From an interviewers perspective, it is really obvious which candidates have done their homework and have prepared well. As a result, prepared people quickly stand out and are well represented among the group that proceed in the hiring process.

  1. Company – The more you know the company the better results you can have from your preparation. From an interviewer’s perspective, it is quite impressive when a candidate is able to talk with firm reps about their business, service lines, team, community involvement and clients.
  2. Field – Knowing the core competencies of accounting give you the foundation to make a correlation to the same skill set you have used in other settings. Some candidates believe any experience that is not accounting experience is irrelevant and without value, when the opposite is true. Wherever you have used a relevant skill in any setting has inherent value when it is demonstrated with confidence in correlation to an accomplishment/result.
  3. Interviewer – Knowing about key staff members, firm recruiting reps and/or your interviewer is a great way to connect on a more significant level and leave an impression. LinkedIn profiles, media articles written about the firm and its people, their community involvement as well as notes taken during networking can all lead to memorable conversations, increased rapport and making a lasting impression which can have an effect on any decisions being made concerning which candidate moves ahead in the selection process.

B. Questions

  1. Prepare a list of 10 “talking points” that can be used in the eventuality of a conversational interview so that you can engage your interviewer rather than listen to them talk about the firm and their perspective alone. These points must be more advanced than those typically used during networking discussions and initial events. The content and outcome of the interview will partly depend on you, the topics that you raise and the dialogue that follows. Definitely, don’t leave this to chance. Be prepared to steer the conversation with engaging and meaningful questions and to engage your interviewer on any number of topics they raise about their firm.
  2. Select two-three of the most meaningful questions from your big list of talking points that are not about the interview process, salary amount or what you get from the firm. Each question you ask sends a message. So, be sure to ask around being part of the firm, working with the team and having success in your roles, in team collaboration, working with leaders, learning and career progression through performance evaluations and gaining experience.
  3. Questions about the process can be asked as a final inquiry about next steps, but these talking points are more about you and the firm, its business, its team and the clients. In fact, from the firm’s perspective, it is even less about the position, because every candidate wants the position, a paycheque and help to get their CPA. The more knowledge you portray, information you show you have gained from your firm connections and the passion specifically for the firm, the greater you can stand out.

C. Statement of Interest

  1. When the interviewer lets you know the meeting is over, there are a few things to do as part of your planned closing. A significant piece of a good closing is a statement of interest about the company that is genuine, meaningful and one that displays true interest in the company….rather than the position. Then, don’t forget their business card and to ask about what the next step in the process is.

D. Positive Attitude – Nuff said!

II. Identify The Type of Interview You Will Have

Aside from knowing what to expect, which helps manage those “butterflies”, making specific preparation results in a stronger focus, as opposed to figuring it out when you get there. Here are some possibilities….

A. Phone – typically a screening interview with an introduction question, behavioural questions and possibly an open-ended question lasts between 15-30 minutes.
B. Recorded Video – here you will be asked a few specific questions with a limited time to respond. When the camera begins to record you will have two-three minutes to complete your answer before the video recording ends. Preparing both your content and time management is necessary.
C. Individual – simply this means you with one person taking you through their choice of interview approaches to meet their own interview objectives. This will vary depending on which position they may hold.
D. Structured – Eg. Small talk, Tell me about yourself, Why do you want to work for our firm?, three behavioural interview questions, the weakness question, a value-based question, an opportunity for you to ask two-three questions, done! This takes 30 minutes.
E. Conversational – This is done more often by senior staff and partners where they will give you their perspective on their firm, what it can do for you, opportunities that will be afforded to you and may also include some inquiries as to your career focus and what you know about their firm. These interviewers want to attract you to their firm knowing that you have choices. They are also hoping you will engage them, stand out and help them make a better selection for next steps.
F. Panel – As opposed to an individual interviewer, this style will mostly have two-three people interviewing a candidate at one time. Getting business cards up front to remember names and positions will be important to engaging each person and being more specific in your dialogue with them, answering their questions and asking more specific questions when the time comes. Be sure to give each person your attention and share your answers among each interviewer evenly so they all feel engaged and valued by you.
G. Group – Companies will use this style to use a group context to see who stands out when questions, networking, group activities take place. Standing out is key by making sure you are involved in each aspect of the group interview through participation, speaking, leading, supporting, mediating, validating others and being part of a good group result.
H. Personality Assessment – Some firms choose to include aptitude testing, personality assessment and other forms of questions or games to in their initial screening process to better understand your personality, critical thinking and reasoning. Going online to understand various kinds of aptitude tests will be helpful and even taking practice tests can help you become familiar with this before the real assessment takes place.
I. Task oriented – If used, this approach involves the candidate in an activity that will show their ability to showcase their technical, problem solving and relevant knowledge.
J. Level – Second, Third…. – Each level has a different format and includes an increasingly engaging environment of connecting with firm reps, exposure to the firm staff and culture. These interviews may take two-three hours and could include a meal and an office tour when done in person. Each candidate needs to plan to engage each different staff member whether campus ambassador, firm rep, team member, senior accountant/supervisor or partner.
K. Length – In that interview styles take varying amounts of time to perform successfully, you should be careful to know how long each interview will take. This can help you manage your expectations and better understand theirs.
L. Environment – Whether using video conferencing software, some meeting room on campus or at a company location, the environment is important. Be sure to ask if you are unsure. When, preparing for video interviews, you have a lot of control on your environment. Lighting, camera, audio quality and background are all worth ensuring are both professional and visually pleasing.
M. Host – As mentioned above, knowing the position of your interviewer will really help you understand their perspective whether HR, Senior Accountant or Partner. Additionally, when you know their name you can research them online and review their LinkedIn profile to be able to prepare your interaction with them in even greater detail. If you don’t know – ask!

III. Bring It!

A. Company Research – this will help you look and/or be prepared and you can impress them with your preparation and questions.
B. Resume – when in person, having at least three copies will ensure you have one ready for any late personnel additions to the interview.
C. Prepared Questions/Talking Points – as mentioned above, this is imperative to stand out. Having these in front of you at the ready is good planning.
D. Education Documents – making reference to these can be beneficial.
E. Professional Development – showcasing other areas of preparation you have made for your new career path can help you stand out and prove how much you want this.
F. Samples of Your Work/Project info – while avoiding the use of an proprietary information, samples and projects details can be a reference point and proof of anything you are showcasing in your resume and cover letter from previous work.
G. List of References (people to contact about you) – you should have a list of three-six people on a list that you have received permission from and that can reference your performance. Prepare these people by giving them a recent copy of your resume and identifying the things you will be highlighting from the time you worked with them.
H. Letters of Reference/Performance Reviews – these may have value and can be referenced in your communication and produced to reveal others impressions of you.
I. Professional look! – Business formal unless informed otherwise.
J. Answers….DO NOT BRING ANY ANSWERS. Reading from written answers, notes, note sticks on the screen or behind the computer screen on the wall will make you look weaker than stronger. Trust your preparation and deliver your answers well.

IV. Prepare Your Answers

A. Tell me about yourself… – spending time preparing this incredible opportunity can impress them with your story, strengths, accomplishments and your education success. Include why you are glad to be in the interview with their firm and with them personally and why. Then, end by telling them a bit about your interests. Script out a one-two minute answer here and practice it but don’t memorize it.
B. Behavioural – be sure to prepare the core competencies of accounting by identifying them and then choosing situations in your work history where you have demonstrated them in the strongest possible fashion, whether paid or unpaid. Using a structure here like Situation-Action-Result (SAR) or Where were you? – What did you do? – What happened? (WWW) will help you deliver a flowing answer with solid content.
C. Open-ended – these are another chance to talk for one-two minutes about the topic they raise. Talking around how you are prepared to DO the work, WANT the job/company and are a FIT for the company and work environment will help you tailor the content to what they are largely looking for.
D. Problem Solving – on occasion interviewers will ask you to solve or give an opinion on a problem. Mush like a case question, choose your approach and openly describe your thought process to resolve it.
E. Value-based – the things that motivate you, drive you, get you up in the morning or are important to you are important to employers as well. Whatever context they choose to use, remember it is not about the car, lottery, fire or other unusual situation…it is about you and your values.
F. Challenging – employers may want to include a question or two that cause you to go beyond typical preparation or provide an opinion on a topic of their choice. Some times they will ask for three weaknesses instead of one, ask you to reveal a time you failed or upset a client. This is all about being honest about your shortcomings and showing you are able to identify them, learn and improve as needed.
G. Conversational – enjoy this when it comes and make sure it is a two-way conversation. But, don’t be lulled to sleep.
H. Current Events – paying attention to current financial market news will be helpful when asked about your opinion on financial news stories. You may not be able to give a researched opinion but you can give some perspective and show that you are paying attention to the business climate you will be serving clients in.
I. High Pressure – though inappropriate questions or behaviour on behalf of an interviewer are highly unlikely these days and in this environment, being mentally prepared for something unexpected is important. Dealing with things like a professional is integral to moving on in the interview process or even deciding the firm is not the right one for you.

Plan your responses using a structure and script…but do not memorize your answers! Scripts are simply used for gathering thoughts, reviewing content and timing answers. After that…file them for another day!

V. Determine How Your Interview Will End!

Most people are pretty good at planning their answers and even their questions for the interviewer. Unfortunately the interview “closing” is often over looked and candidates just simply walk out of the room and miss out on some added benefits. But you are not going to do that right?!

In order to increase the success of your closing you have to “think”, or in this case THINC.

F – FIT for the position
I – Make your statement of INTEREST in the company
S – Ask about the next STEP in the process
T – Be sure to say THANK YOU

This closing will help you get the most out of your interview and even increase your chances of success to get to the next round and/or offer stage.

VI. Follow Up

By the time you have enrolled in your academic program, decided to participate in PPR, attended networking events, nurtured your contacts, done your research, prepared your application and prepared for and executed your interview presentation…your investment of time and emotion is significant. Follow up can be described as the single greatest action you can make to protect that investment.

Some tips to increase the impact of your follow up:

A. Plan it before you go to the interview
B. Find out what is next during the interview
C. ASAP is always best (within 24 hours/immediate is best)
D. Make it personal and meaningful
E. Make the effort needed
F. Differentiate yourself without going too far
G. Perform any promised or expected actions and tell them you did

VII. Practice

There really is nothing that can replace practicing when it comes to interview preparation and creating flow with your answers.

When you have had to answer interview questions several times before, especially when questions are varied, practice will help you reply with fluidly. As well, you will be able to apply your ideas more effectively, rather than only responding one way with a prepared answer. Nerves are also less distracting when you are comfortable responding to questions after role-playing. Nothing replaces practice.

The Interview Stream resource can also be utilized by students as a way to both practice and see first-hand how you respond to various questions under interview-like conditions. You will find a link to this in the DAP career resources.

In conclusion, these items will get you thinking and moving the right direction as you prepare. You can also review the interview resources in the Career Toolkits your will find on Canvas specifically for DAP students.

Be sure to sign up for Interview Preparation workshop taking place on June 7th by registering through COOL.

Note: If you are planning on meeting me for Career Coaching for interview practice or role playing, be sure to do your preparation ahead of time so that you get the most out of your time with me. Review the Career Toolkits, go online to see students testimonials of interviewing with firms, look for what the firms are saying as well as any questions posted that firms typically use and be ready to be asked interview questions followed by constructive feedback.

As well, there will be an in-depth Fll Career Workshop Series from Sep-Nov that will prepare you for every aspect of your future career pursuits. Even if you are strong academically, you will need solid job search skills to ensure that your academic success is turned into career success.

Good Luck,

Russell

Russell Garrett is the Owner of Protocol Business Solutions, a Certified Career Consultant and your DAP Career Coach. He also collaborates with the Business Career Center to support BCom career initiatives from time to time including the upcoming PPR Interviewing Workshop. Russell is also available to DAP students for scheduled and random online coaching appointments taking place right now. For scheduled appointments book a spot through COOL and for random appointments Contact Russell at dapcareersupport@sauder.ubc.ca.

PPR Application Success!

What does THAT look like?!

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With the CPA Spring Recruit in full swing, many students are submitting their applications in hopes of landing a position that will support their goals of completing their CPA and getting employment in their new accounting field. Even though many would agree they need to have every competitive avantage, some students do not think that getting career support to make sure their application is ready to go and ready to make an impact is part of their successful preparation. However, for most, it absolutely is…

Here Are Seven Reasons Why YOU Need Help!

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