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5 min to read

Find Your Ideal Accounting Team: A Step-by-Step Guide

Recruiting an accounting team is a crucial task for any business. This team is responsible for the financial management of a company, ensuring that all financial transactions are recorded accurately

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5 min to read

Find Your Ideal Accounting Team: A Step-by-Step Guide

Recruiting an accounting team is a crucial task for any business. This team is responsible for the financial management of a company, ensuring that all financial transactions are recorded accurately and in compliance with the law. Finding the right individuals to manage a company's financial affairs is crucial, although the recruitment process can be daunting and time-consuming. This guide will provide a comprehensive overview of how to recruit your accounting team. 1. Determine Your Accounting Team Needs Before recruiting, you need to determine your accounting team's needs. You need to consider the size of your company, the complexity of your financial transactions, and the level of expertise required for your accounting team. You may need bookkeepers, accountants, financial analysts, and auditors. Ensure that you clearly understand the roles and responsibilities of each position you are hiring for. 2. Develop a Job Description Once you have determined your accounting team's needs, you must develop a job description for each position. The job description should include the duties and responsibilities of the work, the qualifications required, the experience necessary, and any other relevant information. Providing clear job descriptions can help candidates better understand the position they are applying for and increase the likelihood of attracting suitable candidates. 3. Promote Your Job Openings To attract the right candidates, you need to promote your job openings. You can advertise on job boards, social media, and your company's website. You can also reach out to accounting associations and universities to promote your job openings. Ensure that your job postings clearly state the requirements and responsibilities of the position and the qualifications required. 4. Screen Resumes and Cover Letters After promoting your job openings, you will receive resumes and cover letters from potential candidates. You need to screen these resumes and cover letters to determine if the candidates meet the qualifications required for the position. You can use software to screen resumes and cover letters, or you can do it manually. Review each resume and cover letter carefully to identify the most qualified candidates. 5. Conduct Interviews Once you have identified the most qualified candidates, you must conduct interviews. You can conduct phone interviews, video interviews, or in-person interviews. Ask relevant questions to help you understand the candidate's qualifications, experience, and skills. You can also ask behavioural questions to understand how the candidate will handle situations in the workplace. 6. Check References After conducting interviews, you need to check the candidate's references. Contact the candidate's past employers or colleagues to confirm their qualifications, experience, and skills. You can also ask for a background check to ensure that the candidate has no criminal record or other issues that may affect their job performance. 7. Make an Offer After checking the candidate's references, you need to make an offer to the candidate. Remember to have all the necessary information, such as salary and benefits, clearly outlined in the job offer. You can also negotiate the offer with the candidate to ensure that both parties are satisfied with the terms of the employment. Conclusion Recruiting an accounting team is a crucial task for any business. It requires careful planning, screening, and interviewing to find suitable candidates for the job. Remember to determine your accounting team's needs, develop a job description, promote your job openings, screen resumes and cover letters, conduct interviews, check references, and make an offer. By following this guide, you will attract the right candidates and ensure that your company's financial affairs are in good hands. If you need recruitment specialists to help you hire an accounting team for your business, contact Bloom Recruitment. Our team has years of experience in recruitment and has reviewed thousands of CVs. We can provide options that match your search preferences with confidence. Call us today!

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5 min to read

The 5 Negative Effects Of Job Hopping That Nobody Talks About

This is how the story goes—according to public consensus—if you want a raise, then you’ve got to be prepared to switch jobs. Loyalty be-damned. The concept is that if your employer isn’t devoted to you, then why should you be either? Brutal but understandable. Yes, changing employers or ‘job hopping’ has become part and parcel of working life and, until recently, the key to getting a big raise. In fact, it's estimated that an average Australian will have 13 jobs until retirement. Short term, you get a new job, a higher wage, and a sense of getting away from your old one. After all, they say, ‘change is as good as a holiday’. But have you ever considered the long-term effects of job hopping? They exist, and they’re *definitely* worth considering before you leap. In this blog, we will ditch the positive and shed light on the negative effects of job hopping nobody told you about. How common is job hopping today? While macroeconomic changes may be depressing business confidence since the pandemic, worker confidence in the labour market remains sturdy—for now. Research conducted by Robert Half found that 44% of employees are actively looking for a new role in the second half of 2022, while 33% are not on the hunt but will consider a new position if presented with a decent enough opportunity. A higher wage is among the most blinding things job hopping could offer. But it can also harm your professional career. How so? Here are the five negative effects of job hunting that nobody talks about: You'll have trouble sustaining your career trajectory. If you've had a few different jobs in the last few years, and each one has been more challenging than the last, then your resume will look great on paper but won't actually show how much progress you've made in your career—and that's important when it comes time for promotions and raises. You'll have difficulty finding employment. Recruiters and hiring managers frequently review your employment history and form pre-judgments about them based on how long you held a previous role. This is significant since recruiting supervisors could be too busy to inquire about your reasons for quitting. Instead, they'll assume you have trouble keeping a steady position and question your loyalty. You'll lose your network. With connectivity at an all-time level, networking is essential to building your brand or advancing your career. If you're bouncing between jobs and departments, it will be hard to build relationships with people who would be helpful later on. The most important thing about networking is maintaining relationships with people who can help you succeed—and without a strong network, it's hard to do that! You'll need to prove your value all over again. Back at ground zero, you must persuade a new set of co-workers that you are as competent as you claim to be in a new workplace with a new work environment and work culture. You'll put yourself at higher risk for burnout. Constantly jumping from one role to another can be mentally and physically draining. The uncertainty that comes with changing jobs can also affect your emotional health. Before you even realise it, you're already losing passion for your career. Can staying long in a company hurt your career too? If you're someone who is always looking for the next big opportunity, it can be tough to find a job that allows you to grow and thrive. But on the flip side, if you stay in one position for too long, it can also wreak havoc on your professional growth. If you stay in one position for too long, you may find that your current company starts to treat you like an outsider—and if they don't give you the opportunities or resources that you need, then you'll probably start to feel like an outsider yourself. Bottomline Job hopping is great for your résumé and opportunities for your career in the short term. However, if you start getting noticed as a job hopper, that's not so great for your future prospects. Keep in mind that hiring managers are most wary about making a bad hire. The stereotype of being a job hopper will most likely affect your chances of landing a job or an interview. So what do you do to counter the job hopper label? Find out on my next blog.

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5 min to read

How to Foster Professional Growth in Any Industry

As a professional, it's important to continually grow and develop in your career. In today's competitive job market, standing still can mean falling behind. Whether you're just starting out in your career or have been working for years, there are steps you can take to foster professional growth and maximize your potential. In this article, I'll share tips on how to identify your goals, build your network, seek mentorship, develop new skills, embrace challenges, create a roadmap for your growth, balance work and personal life, overcome obstacles, celebrate achievements, and continue your growth journey. Understanding the Importance of Professional Growth Professional growth is essential to staying relevant and competitive in today's fast-paced job market. It's the process of developing and improving your skills, knowledge, and experience to advance your career. Professional growth can help you achieve your goals, increase your earning potential, and open up new opportunities. It also keeps you motivated and engaged in your work, which is important for job satisfaction and overall well-being. To foster professional growth, you must have a growth mindset. This means being open to learning, embracing challenges, and seeking out new experiences. It also means taking ownership of your career and actively pursuing opportunities for growth and development. By understanding the importance of professional growth and having a growth mindset, you'll be better equipped to maximize your potential in any industry. Identifying Your Goals and Aspirations To foster professional growth, it's important to know what you want to achieve. This means identifying your goals and aspirations. Start by asking yourself some key questions, such as: • What do I want to achieve in my career? • What skills do I need to develop to achieve my goals? • What opportunities do I want to pursue? • What challenges do I want to tackle? • What do I want my legacy to be? By answering these questions, you'll have a clearer understanding of your career aspirations and what you need to do to achieve them. This will help you create a roadmap for your professional growth. Building a Professional Network Building a professional network is essential to fostering professional growth. Your network can provide you with support, guidance, and opportunities for growth. To build your network, start by identifying people in your industry who you respect and admire. This could be colleagues, mentors, or industry leaders. Connect with them on LinkedIn or other professional networking sites, and attend industry events and conferences to meet new people. When building your network, it's important to be genuine and authentic. Focus on building relationships rather than just collecting contacts. Share your knowledge and expertise with others, and be open to learning from them as well. By building a strong professional network, you'll have a support system to help you navigate your career and achieve your goals. Seeking Out Mentorship and Guidance Mentorship and guidance are essential to fostering professional growth. A mentor can provide you with valuable advice, support, and feedback as you navigate your career. To find a mentor, start by identifying people in your network who you admire and respect. Reach out to them and ask if they would be willing to mentor you. Be clear about what you hope to gain from the mentorship and what you're willing to offer in return. When working with a mentor, it's important to be open and receptive to feedback. Use their guidance to develop new skills and improve your performance. Be proactive in seeking out opportunities to learn and grow. By working with a mentor, you'll have a trusted advisor to help you achieve your goals. Developing New Skills and Knowledge Developing new skills and knowledge is essential to fostering professional growth. It's important to stay up-to-date with the latest trends and developments in your industry. Identify areas where you need to improve and seek out opportunities to develop new skills. This could mean taking courses, attending workshops, or pursuing certifications. When developing new skills, it's important to be strategic. Focus on developing skills that are relevant to your career goals and that will add value to your organization. Be open to learning new things and taking on new challenges. By developing new skills and knowledge, you'll be better equipped to achieve your goals and advance your career. Embracing Challenges and Taking Risks Embracing challenges and taking risks is essential to fostering professional growth. It's important to step out of your comfort zone and take on new challenges. This could mean taking on a new project, pursuing a new job opportunity, or starting your own business. When taking risks, it's important to be prepared. Do your research and have a plan in place. Be willing to learn from your mistakes and make adjustments as needed. By embracing challenges and taking risks, you'll be better equipped to achieve your goals and maximize your potential. Creating a Roadmap for Your Professional Growth Creating a roadmap for your professional growth is essential to achieving your career goals. Start by identifying your short-term and long-term goals. Then, break them down into smaller, actionable steps. This could mean developing a new skill, networking with a key contact, or pursuing a new job opportunity. When creating your roadmap, it's important to be specific and measurable. Identify deadlines for each step and track your progress along the way. Be open to adjusting your plan as needed. By creating a roadmap for your professional growth, you'll be better equipped to achieve your goals and advance your career. Balancing Work and Personal Life for Optimal Growth Balancing work and personal life is essential to fostering professional growth. It's important to take care of yourself both physically and mentally. This means getting enough sleep, eating a healthy diet, and exercising regularly. It also means taking time for yourself and your loved ones outside of work. When balancing work and personal life, it's important to set boundaries. Identify what's important to you and prioritize accordingly. Be willing to say no to requests that don't align with your goals or values. By balancing work and personal life, you'll be better equipped to achieve your goals and maximize your potential. Overcoming Obstacles and Setbacks Overcoming obstacles and setbacks is essential to fostering professional growth. It's important to be resilient and persistent in the face of challenges. When faced with an obstacle or setback, take a step back and assess the situation. Identify what went wrong and what you can do differently in the future. Use the experience as a learning opportunity and be willing to make adjustments as needed. When overcoming obstacles and setbacks, it's important to stay positive and focused on your goals. Don't let setbacks define you or derail your progress. By overcoming obstacles and setbacks, you'll be better equipped to achieve your goals and maximize your potential. Celebrating Your Achievements and Continuing Your Growth Journey Celebrating your achievements is essential to fostering professional growth. It's important to take time to acknowledge your accomplishments and reflect on how far you've come. This will help you stay motivated and focused on your goals. When celebrating your achievements, it's important to also look to the future. Take time to reflect on what you've learned and what you still want to achieve. Keep your growth mindset and continue seeking out new opportunities for growth and development. Conclusion In conclusion, fostering professional growth is essential to maximizing your potential in any industry. By understanding the importance of professional growth, identifying your goals and aspirations, building your network, seeking mentorship and guidance, developing new skills and knowledge, embracing challenges and taking risks, creating a roadmap for your growth, balancing work and personal life, overcoming obstacles and setbacks, celebrating your achievements, and continuing your growth journey, you'll be better equipped to achieve your goals and advance your career. Remember to stay focused, stay positive, and keep learning and growing.

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5 min to read

What to Know before Working with a Staffing Agency

A staffing agency is a business that provides temporary or permanent employment solutions to its clients. They specialize in recruiting, screening, and placing workers in specific positions that suit their skills and abilities. Staffing agencies are also known as recruitment agencies, employment agencies, and job placement agencies. What Are the Benefits of Working with a Staffing Agency? Whether you are looking for a temporary job or a full-time position, staffing agencies provide a variety of benefits that can help you find the right fit. Here are some of the benefits of working with a staffing agency. 1. Access to a Wider Range of Job Opportunities Staffing agencies work with a wide range of employers and job openings, so you have access to a larger selection of job openings than you would if you searched on your own. This can help you find the right job for your skills and experience. 2. Professional Recruiting Services Staffing agencies have experienced recruiters who can help you find the best job for your skills and experience. They can provide you with advice on interview techniques, help you develop your resume, and provide other job search assistance. 3. Streamlined Hiring Process Working with a staffing agency can help simplify the hiring process. Staffing agencies can help you find the right job faster than searching on your own. They can also help you negotiate salary and benefits and provide guidance on other areas of the hiring process. 4. Access to Training and Development Opportunities Staffing agencies can provide you with access to training and development opportunities you may not find independently. This can include job-specific skills training, soft skills training, industry-specific certification courses, and more. 5. Networking Opportunities Working with a staffing agency can provide you with access to a larger network of employers and job seekers. This can help you develop relationships with hiring managers and other job seekers, which can help you find the right job faster. Tips on Finding the Right Staffing Agency to Work With Finding the right staffing agency to work with can be a daunting task. There are so many staffing agencies out there and it can be difficult to know which one is the best fit for you and your job search. Here are some tips to help you find the right staffing agency to work with: 1. Do Your Research Before you even start looking, research and ensure the staffing agency you’re considering is the right fit for you. Check out their website, read reviews, and look at their past job placements to understand their capabilities. 2. Ask Questions Once you’ve done your research, reach out to the staffing agency and ask questions. Find out what jobs they specialize in, how long they’ve been in business, and their success rate. 3. Interview the Agency When you’ve narrowed down your list of potential staffing agencies, it’s time to interview them. Ask questions about their processes, how they’ll help you find a job, and how quickly they can make placements. 4. Check References Finally, make sure to check references. Talk to former clients or job seekers who have used the staffing agency and see their experience. Conclusion There are many staffing agencies out there that can help you find a job. However, it is important to do your research and find a reputable agency that will work with you and help you find the right job. A good staffing agency will take the time to get to know you and your skills and will help you find a job that is a good match for you. They will also work with you to help you prepare for interviews and get the most out of your job search. Looking for top-notch recruitment services in Australia for accounting and finance? Look no further than Bloom Recruitment! Our team of experts is dedicated to finding the perfect match for both candidates and clients. Contact us today to discover how we can help you achieve your career goals or find the perfect candidate.

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5 min to read

Job Interview Preparation Tips to Convince People to Hire You

Preparing for a job interview can indeed be nerve-wracking, but it doesn't have to be. With proper preparation, however, you can confidently walk into your interview ready to convince your potential employer that you're the right hire. Here are some tips from our reliable recruitment agency to help you prepare for your next job interview. Research the Company Start by researching the company that you are interviewing with. This will help you better understand their mission, values, and culture. You can use this information to tailor your answers during the interview to match what the company is looking for in an employee. You can look for the company's history, the products or services they offer, their target market, and any recent news or press releases. You can also check out the company's social media profiles to get a sense of their online presence and how they interact with their customers. Practice Your Answers One of the many ways to prepare for a job interview is to practice your answers to common interview questions. This will help you feel more comfortable and confident during the interview, and ensure that you're able to articulate your skills and experience effectively. Some common interview questions include: ● Tell me about yourself ● What are your strengths and weaknesses? ● Why do you wish to work for this specific company? ● What experience do you have that makes you a good fit for this role? ● How do you handle stressful situations? You can find many resources online that provide sample interview questions and answers. Practice your answers out loud to get comfortable with your responses and work on any areas where you might need improvement. Dress Appropriately First impressions are important, so it's essential to dress appropriately for your interview. This will help you feel more confident and show your potential employer that you take the opportunity seriously. The dress code will depend on the company and the role you're interviewing for, so it's essential to do your research beforehand. If you're unsure what to wear, it's better to err on being too formal rather than too casual. Plan Your Route and Arrive Early Make sure you know exactly where your interview is taking place and plan your route. This will help you avoid getting lost or arriving late. It's a good idea to aim to arrive at least 10-15 minutes early, giving you time to check in, use the restroom, and take deep breaths to calm your nerves. Bring Copies of Your Resume and References Having a few copies of your resume with you and a list of references to your interview is also recommended. This will show your potential employer that you're prepared and organised. Make sure your resume is up-to-date and tailored to the role you're interviewing for. Highlight your relevant skills and experience, including any achievements or accomplishments demonstrating your abilities. What to Do During the Interview During the interview, it's essential to stay calm and focused. Remember to listen carefully to the questions being asked and take your time to formulate your responses. Some additional tips for a successful interview include: ● Maintain eye contact with your interviewer ● Use specific examples to illustrate your skills and experience ● Ask thoughtful questions about the role and the company ● Be honest and authentic in your responses ● Thank your interviewer for their time at the end of the interview Following Up After the interview, it's a good idea to follow up with a thank-you email or note to your interviewer. This will show your appreciation for the opportunity and help keep you top of mind as they make their hiring decision. In your thank-you note, you can reiterate your interest in the role and highlight key interview points demonstrating your qualifications. Keep your message brief and professional, and proofread before sending. Conclusion Preparing for recruitment days may seem daunting. However, with the right mindset and preparation, you can walk into your interview with confidence and ready to impress. Use these tips to help you get prepared for your next interview and convince your potential employer that you're the right hire. Bloom Recruitment is a company that specialises in finding job opportunities in the accounting and finance field in Australia. Our recruitment agency focuses on matching the right candidates with the right clients and strive to provide personalised service to their customers. Let us help you find the right talent for your team!

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5 min to read

How to Use SEO to Attract Candidates for Your Job Openings

Search Engine Optimisation (SEO) is a critical aspect of digital marketing that helps recruiters to reach out to potential candidates effectively. In today's digital world, recruiters must have a strong online presence to attract the best talent. However, with so many recruiters vying for attention, standing out from the crowd can be challenging. This article will discuss how recruiters can optimise their websites and online content to improve their search engine rankings and attract the right candidates. Understanding SEO for Recruiters SEO optimises a website or online content to improve its visibility and ranking on search engine results pages (SERPs). Understanding how search engines work is essential for recruiters to develop an effective SEO strategy. Search engines use complex algorithms to determine the relevance and authority of websites and web pages. SEO involves optimising a website's content, structure, and coding to make it more attractive to search engines and improve its ranking. Key SEO Strategies for Recruiters 1. Keyword Research Keyword research is the foundation of any successful SEO strategy. Recruiters should identify the keywords and phrases that potential candidates are searching for and use them in their website content and job descriptions. Google's Keyword Planner is a useful tool for keyword research. 2. On-Page Optimisation On-page optimisation involves optimising the content and structure of a website to make it more attractive to search engines. Recruiters should ensure their website content is relevant, informative, and engaging. They should also use meta tags, header tags, and internal linking to improve the structure of their website. 3. Off-Page Optimisation Off-page optimisation involves building links to a website from other high-authority websites. Recruiters can build links by guest blogging, creating infographics, and participating in online forums and communities. 4. Local SEO Local SEO is important for recruiters targeting candidates in a specific geographical area. Recruiters should ensure their website is optimised for local search by including their location in their website content and using Google My Business to manage their local listings. 5. Mobile Optimisation With more and more people using their mobile devices to search the internet, mobile optimisation is essential for recruiters. Recruiters should ensure their website is mobile-friendly and loads quickly on mobile devices. Benefits of SEO for Recruiters 1. Increased Visibility By optimising their website and online content for search engines, recruiters can improve their visibility and attract more candidates. 2. Better Quality Candidates SEO can help recruiters attract the right candidates by ensuring their website and job descriptions are relevant and informative. This can save recruiters time and resources by reducing the number of unqualified candidates. 3. Cost-Effective SEO is a cost-effective way for recruiters to attract candidates compared to traditional recruitment methods such as job boards and print advertisements. 4. Competitive Advantage By implementing an effective SEO strategy, recruiters can gain a competitive advantage and attract more candidates. Conclusion SEO is a critical aspect of digital marketing that can help recruiters in Australia attract more candidates and improve their recruitment process. By understanding the key SEO strategies and benefits, recruiters can develop an effective SEO strategy to help them stand out in a crowded market. With the right SEO strategy, recruiters can save time and resources while attracting the best candidates for their organisation. Bloom Recruitment is the specialist agency you can rely on if you need recruitment services in Australia's accounting and finance sector. Our expertise lies in providing recruitment solutions in this field. Get in touch with us today to fulfil your hiring requirements in Perth.

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5 min to read

How To Choose the Right External Auditor For Your Business

Choosing the right external auditor for your business is an important decision. As such, it is essential to choose an auditor who is well-versed in the details of the business, its industry, and the relevant regulations. What is an External Auditor? An external auditor is an independent professional hired to review the accuracy and reliability of financial statements and other financial information. They are responsible for ensuring the information provided is accurate and compliant with applicable laws and regulations. External auditors review financial statements and information to look for errors, omissions, or discrepancies. They also review internal controls and make recommendations to improve them. They may also investigate potential fraud or other irregularities. Here are some ways to choose the right external auditor for your business. 1. Identify the Type of Audit Required Generally, audits are categorised as either financial statement audits or compliance audits. Financial statement audits are designed to provide an opinion on whether the financial statements are presented fairly and following applicable accounting standards. Compliance audits are designed to assess whether the company complies with applicable laws and regulations. 2. Research for Potential External Auditors This can be done through referrals from business colleagues, industry associations, or other sources. It is important to research the background and qualifications of any potential auditors. The auditor should have the necessary experience and qualifications to conduct the audit by accepted standards. When evaluating potential external auditors, it is important to consider the following factors: • Reputation Choosing a trustworthy and reliable auditor is essential. It is important to identify someone with an established track record of success in the industry and who has earned the respect of regulators. • Experience The auditor should know the type of audit they are performing, as well as the related industry and regulations. They should also understand the client's accounting and other needs well. • Cost The cost of the audit must be taken into consideration when selecting an auditor. Getting quotes from a few different auditors is an essential step in choosing the most cost-effective option. • Location Choosing an auditor who is easily accessible and able to meet with the client when necessary is a key factor in the selection process. It is essential to pick an auditor nearby and be available to provide assistance and advice when needed. 3. Make an Informed Decision Choosing the right auditor is essential for the success of an audit. It is important to find an auditor who is compatible with the company and its goals and knowledgeable about its specific needs. This will ensure the audit is conducted quickly and accurately, with the best possible results. The Bottom Line Choosing the right external auditor for your business is an important decision. By carefully evaluating potential auditors, you can ensure that you select an auditor who is qualified and experienced in conducting the type of audit that is required for your business. Additionally, make sure to ask the right questions and get an understanding of the audit process before making a final decision. With the help of a qualified and experienced auditor, you can rest assured that your business's financials are being properly audited. Bloom Recruitment specialises in helping companies fill positions in Accounting and Finance. We offer external audit services to assist companies with their financial needs. Contact us to learn more about our services.

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5 min to read

Why Outsourcing Your Recruitment Is the Right Choice

Recruitment is a crucial aspect of running a successful organisation. It requires expertise and resources to select the best people for the job. Outsourcing your recruitment to a professional agency can provide multiple benefits for hiring organisations. Here are 10 reasons why outsourcing your recruitment is the right choice for you: More Control Over Cost The first major benefit of outsourcing recruitment to a professional agency is controlling costs more accurately. Recruitment and hiring are expensive processes, and the cost of going alone can vary wildly depending on the market and the demands of the role you're hiring for. Professional staffing solutions can provide more consistent, predictable pricing that can be budgeted and monitored more effectively. Expertise Another major benefit of using a recruitment service is that you'll be tapping into the expertise and knowledge of experienced recruiters who know the ins and outs of the job. This can be invaluable when finding the right candidate for any role, as the recruiters will be familiar with the market, who the best people are, and how to make good hires. Access to a Wide Network Recruitment involves finding the right person for the job and the right job for the person. Outsourcing to an agency can provide an expansive recruitment network far greater than any organisation can build in-house. This can save time, money and frustration. Time Savings The recruitment process is time-consuming and labour-intensive, and outsourcing can be a great way to save time. Professional agencies are designed to streamline the process, saving you the hassle of sifting through applications, screening, interviewing and testing. Diverse Talent Professional agencies have access to a wide range of talent, including job seekers from different backgrounds, experiences and countries. This can bring unexpected and valuable perspectives to your organisation from all over the world. Individual Attention Recruiters in professional agencies will get to know your organisation and the role you're recruiting for. This helps them to provide candidates well-suited to your organisation's position and culture. Post-Hire Support Professional agencies often provide various post-hire services such as onboarding, performance management and training. This can help to smooth the transition and make sure the new hire is integrated into their role as quickly and effectively as possible. Improved Communications Using a professional agency can help improve communication between your organisation and the job seeker. It can provide both parties with a centralised point of contact and a better experience. Legislative Compliance Recruitment agencies are well-versed in the local laws and regulations that govern the recruitment process and can ensure compliance with all applicable legislation. This can save organisations time and frustration during the hiring process. Talent Pool Monitoring Lastly, recruitment agencies can monitor your talent pool, keeping track of applicants and providing you with periodic updates. This can help you to stay on top of the recruitment process and quickly identify promising candidates. Conclusion Outsourcing your recruitment to a professional agency can save time and money and provide more control over cost. Recruiters in a professional agency can offer expertise, access to a wide network, diverse talent and post-hire support. Additionally, it can improve communication, ensure legislative compliance, and monitor your talent pool. Outsourcing recruitment to a professional agency can be invaluable for any organisation. Need help hiring the best people for your business? Bloom Recruitment is the best recruitment agency in the market! Bloom Recruitment is an Australian recruitment agency that provides tailored services for job seekers and employers, aiming to provide the best possible experience for all parties involved. Contact us today!

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5 min to read

Top 10 Reasons Why Your Company Needs an External Audit

If you’re a business owner, chances are you’ve heard of external audits and the importance they have in keeping your business compliant with the law. As such, you may be considering hiring a professional auditor to conduct an external audit of your business. What is an External Audit An external audit is an independent assessment of an organisation’s financial statements, internal controls and business processes. It’s designed to provide an unbiased and objective opinion on the accuracy and completeness of financial statements. Why Should Your Company Have an External Audit Hiring a professional auditor is the best way to ensure that your financial statements are accurate and reliable. An experienced auditor will have the necessary skills and expertise to provide a thorough assessment of your business. An external audit is an important tool for assessing the overall health of your organisation and can help identify areas of improvement. Here are the top 10 reasons why your company needs an external audit: 1. Regulatory Compliance An external audit helps ensure that your company is following all applicable laws and regulations regarding financial reporting and accounting. This is especially important in Australia, where the government has strict rules in place for companies to follow. An audit can help ensure your company is in compliance with all applicable laws and regulations. 2. Risk Management An external audit can help identify any potential risks that could affect your company’s financial position. An auditor will be able to identify any areas of financial weakness or areas of potential fraud. This will help your company better manage its risks and make sound decisions. 3. Improved Financial Oversight An external audit can provide an independent review of your financial statements, helping you identify potential areas of financial risk. It can also help you make decisions about potential investments and help you develop better internal controls to protect your assets. 4. Increased Credibility Having an external audit conducted by a qualified auditor will give your company increased credibility. Auditors are highly respected and having an external audit conducted will show potential investors and partners that your company is taking the necessary steps to ensure its financial records are accurate and up to date. 5. Increased Efficiency Increased Efficiency: An external audit can help you identify areas of inefficiency in your business practices. It can also help you identify process improvements and uncover any potential weaknesses in your internal controls. This will help your company become more efficient and save money in the long run. 6. Better Management An external audit can help provide better management of your company’s financial resources. An auditor will be able to provide advice and guidance on how to better manage your company’s financial resources. This will help your company make better decisions and improve its overall financial performance. 7. Cost Savings An external audit can help you identify areas of cost savings. It can also provide independent assurance that you are getting the most out of the resources you have available to you. 8. Improved Stakeholder Confidence An external audit helps to reassure stakeholders that your company is being managed in a responsible and ethical manner. It can also help to improve the reputation of your business and increase investor confidence. 9. Expertise and Resources An external audit provides access to experienced auditors who can provide a comprehensive review of your financial systems and operations. They also have access to specialised resources and technology that can help them identify areas of improvement. 10. Fraud Prevention An external audit can help you detect and prevent fraudulent activities. It can also help you identify any potential areas of financial risk and help you develop better internal controls to protect your assets. Conclusion Having an external audit is an essential part of running a successful business. It helps to protect the company from financial mismanagement, evaluate the effectiveness of internal controls, improve financial reporting accuracy, reduce costs and improve efficiencies, avoid punitive fines and penalties, and strengthen your overall corporate image. With all these advantages, it's no wonder why so many businesses are choosing to invest in external audits - it's a wise decision that will pay off in the long run! At Bloom Recruitment, we understand the importance of having a well-qualified and experienced external audit team. That's why our recruitment process involves a thorough assessment of each candidate’s qualifications, experience, and aptitude. We take into account the specific requirements of the position and the industry in which the external audit is to be conducted. We also ensure that the candidate has the necessary skills to complete the job successfully. Let us provide a personalised service that is tailored to the specific needs of our clients and candidates. Contact us today to get started!

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5 min to read

The Top 5 Benefits of Keeping an Updated LinkedIn Profile

In today's digital age, maintaining a solid online presence is crucial for professionals in any industry. One of the essential platforms for professional networking and career development is LinkedIn. With over 774 million members worldwide, LinkedIn offers a unique opportunity to connect with professionals and companies in your field, showcase your skills and achievements, and stay up-to-date with the latest industry news and trends. In this blog, we will explore the top five benefits of keeping an updated LinkedIn profile and how it can contribute to your personal and professional growth. 1. Connect with Millions of Members LinkedIn is the largest professional network in the world, with members from over 200 countries and territories. By keeping your profile updated with your latest skills, experiences, and achievements, you increase your chances of being found by other professionals looking for connections, collaborations, or employees with your specific skill set. Furthermore, an updated profile makes it easier to find and connect with potential mentors, clients, and colleagues who can help you advance your career. 2. Keep Yourself Visible An updated LinkedIn profile helps you stay visible to recruiters, hiring managers, and potential clients. By regularly updating your profile with your latest experiences, accomplishments, and recommendations, you showcase your professional growth and make it easier for potential employers to find you. Additionally, an active LinkedIn presence shows you are engaged in your industry and dedicated to staying current with the latest trends and developments. 3. Further Your Success An updated LinkedIn profile can help you further your success by showcasing your achievements and skills to potential employers, clients, and colleagues. By highlighting your accomplishments and demonstrating your expertise, you can position yourself as a valuable asset to your current company or a sought-after candidate for new opportunities. Moreover, regularly updating your profile can lead to increased engagement from your connections, fostering new relationships and opening doors to new opportunities. 4. Gather Intel on the Industry LinkedIn is an excellent platform for staying informed about the latest developments in your industry. By following companies, influencers, and thought leaders in your field, you can gain valuable insights into trends, best practices, and opportunities. Additionally, engaging with your connections and participating in discussions can help you develop a deeper understanding of the challenges and opportunities in your industry. Keeping an updated profile ensures that you are more likely to be included in these conversations, helping you stay informed and competitive in your field. 5. Show a Holistic View of Yourself Your LinkedIn profile is often the first impression that potential employers, clients, or colleagues have of you. An updated profile not only showcases your professional accomplishments but also provides a holistic view of who you are as a person. By including volunteer experiences, interests, and recommendations, you can demonstrate your values, passions, and commitment to your industry. This can help you build a solid personal brand and create a lasting impression on your connections. Final Thoughts Keeping an updated LinkedIn profile is essential for any professional looking to advance their career and stay competitive. By connecting with millions of members, remaining visible, furthering your success, gathering industry intel, and showing a holistic view of yourself, you can leverage the power of LinkedIn to its full potential. So, don't wait any longer — take some time to update your LinkedIn profile today and unlock the numerous benefits it has to offer. If you want to learn more about improving your career, work with the recruitment specialists from Bloom Recruitment. You can explore our informative articles about career improvement, or you can go through our job postings and submit an application!

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5 min to read

Screen Candidates for Your Public Practice Accounting Firm

As a public practice accounting firm, you know that your staff is the most important factor in the success of your business. That's why it's so important to have an effective screening process when hiring new team members. Here are seven ways to screen candidates for your public practice accounting firm: 1. Look at Their Qualifications By reviewing their qualifications, ensure that the individual you are considering is well-suited to the position. Look into their schooling, any certifications they have obtained, and the experience they possess that relates to the job. 2. Check Their References Request the applicant to give the contact information of people they have worked with in the past so that you can ask questions and better understand their abilities and qualifications. 3. Conduct an Interview A face-to-face interview is a great way to get to know a potential employee better. Through the interview, you can learn more about the candidate's background, skills and experience and gain insight into their personality and how they would fit into your team. It is a great way to understand better who the candidate is and if they would be the right fit for your organisation. 4. Ask Behavioural Questions Behavioural questions are about how a candidate might react in certain scenarios or situations. These questions can help employers decide if a candidate is suitable for a particular job by giving them an idea of how they think and respond to different tasks. 5. Assess Their Technical Skills To ensure the applicant has the proper technical expertise needed for the job, you can assess them or ask them to perform a task. This will help you determine if their abilities match the position's requirements. 6. Look at Their Previous Work Request the candidate to demonstrate their experience by citing previous jobs or tasks they have completed. This will enable you to gain insight into how they approach their work and how successful they have been. 7. Do a Background Check The final step in determining if a candidate is suitable for the job is to conduct a detailed background check. This will allow you to confirm the accuracy of the information provided by the applicant and uncover any potential issues that may be relevant to the job. Hire Through the Help of a Recruitment Agency Recruitment agencies are specialised companies that focus on finding the right candidates for businesses. They are experts in the field and can help you find the right person for the job. They can also help you with hiring, from conducting interviews to background checks. Final Thoughts In conclusion, screening candidates for a public practice accounting firm is important for finding the best candidate for the job. Several methods can be used to screen candidates, including reviewing resumes, conducting interviews, performing background checks, verifying references, and administering tests. Additionally, it is important to consider a candidate's experience, education, and professional licences when making a final selection. By following these seven steps, employers can ensure they hire the right individual for the job. Bloom Recruitment offers a tailored service in the accounting and finance recruitment space. Our team of experts will work closely with you to provide a personalised approach tailored to the needs of our clients and job seekers. We offer a wide range of services, from public practice accounting to in-house finance roles, to ensure you receive the perfect fit for your organisation.

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5 min to read

Internal Auditing: Why Is It Essential for Small Businesses?

Internal auditing supports board and management oversight by evaluating internal controls such as operational effectiveness, risk mitigation controls, and compliance with relevant laws by giving insight into a company's culture, policies, and processes. Discover why an internal audit is so crucial for businesses by reading on! What Are The Reasons Internal Auditing Is Essential for Small Businesses? 1. It Keeps a Close Eye on Internal Controls You might assume that your company needs more resources to implement an internal audit policy and conduct audits to deal with these issues. It is possible to create a program for overseeing work and behaviour even with a small crew. If a credit extension policy has been created, internal audits guarantee it is followed. A credit plan intended to eliminate lousy debt is only helpful with implementation. 2. It Makes Operating Procedures Better Operational audits look at a company's processes rather than its finances. Is your business operating at its best capacity? A review of business procedures could discover inefficiencies or time lost on pointless paperwork. Does your company uphold all relevant laws? Your business may be able to avoid fines and other legal repercussions if you find out about a rule breach before the government does. 3. It Detects and Stops Theft and Fraud Millions of dollars are lost annually by small firms due to employee theft. Skimming consumer payments, check fraud, cash theft, unauthorised use of business credit cards, and incorrect payroll transactions are all examples of employee fraud. 4. It Boosts Efficiency Internal auditing is done to add value and improve company processes. The mission is what motivates this consulting and assurance effort. By offering a systematic, disciplined approach to assessing and enhancing the efficacy of a company's risk management, control, and governance systems, an internal audit can help it achieve its strategic goals. Internal auditors can find control concepts that will improve organisational processes' effectiveness and efficiency by routinely monitoring and evaluating those processes. They assist a company in relying more on methods than on people. 5. It Provides Unbiased Information An objective evaluation of an organisation's internal controls is provided through internal auditing. Internal auditors offer independent assurance and advising services that add value to a business's operations. Using a rigorous, disciplined approach to reviewing and improving the efficacy of risk management, control, and governance systems, help a business achieve its goals. What Differentiates Internal Auditing From External Auditing? A distinct auditing department routinely performs an organisation's internal auditing. Employees conduct internal audits to provide recommendations based on the performance of internal functions and the identification of risk indicators, etc., as a company's management determines the scope of work for the internal audit. On the other hand, an external audit is a wholly independent procedure conducted by a non-affiliated entity, third-party CPAs, or chartered accountants in Australia. Every independent legal organisation must analyse and validate a company's financial statements. Provide input, issue penalties, and the relevant legislative body will decide. Conclusion An essential component of any organisation's operations is an internal audit. It enables companies to uphold legal compliance, recognise risk, and enhance internal processes. As a result, waste is reduced, operating expenses are cut, and operational effectiveness is raised. Bloom Recruitment is here for you if you need a recruitment agency for internal auditing! Our team of experts has been carefully selecting and vetting the most qualified applicants for internal audits in various industries over the years. Contact us for more details!

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5 min to read

How to Choose the Right Accounting Recruitment Agency

Finding the right accounting recruitment agency for your company can be a daunting task. With so many options available, it can be hard to narrow down the right choice. Given how tricky it can be, we thought it would be helpful to put together a brief article on what you need to consider when choosing an accounting recruitment agency. If this is something that you’re interested in learning more about, here are five things to consider when choosing an accounting recruitment agency for your company. 1. Reputation An agency that has a good reputation in the market is important for several reasons. First, it means that the agency has a lot of experience and has likely worked with a variety of clients. This can give you a better idea of what to expect from their services. Additionally, reading customer reviews and ratings can give you insights into the quality of the agency's work and whether or not they are likely to be a good fit for your needs. 2. Expertise As a business owner, you understand the importance of having a reliable and experienced accounting team in place. Without accurate financial reporting, it would be difficult to make sound business decisions and track the progress of your company. When you're ready to add or replace an accountant, you need to choose a staffing agency that specialises in finding the best accounting professionals. Look for an agency with a proven track record of helping organisations find the best match for their accounting needs. They should have a deep understanding of the accounting industry and the latest trends. With their help, you can be confident you're making the best decision for your business. 3. Cost Cost is always an important factor when making any business decision. Compare the cost of different agencies and do a cost-benefit analysis to ensure you get the best value for your money. 4. Quality of Service Look for an agency that provides top-notch customer service. Are they willing to go the extra mile to ensure your needs are met? Are they available when you need them? You want to be sure that the agency you are working with is willing to go the extra mile to ensure your needs are met. Are they available when you need them? Do they respond to your inquiries in a timely manner? These are all important factors to consider when choosing an agency. 5. Technology When it comes to finding the best accounting talent, it's important to work with a staffing agency that has the latest technology and tools at their disposal. By using the latest recruiting software and tools, they can quickly source and screen potential candidates, saving you time and money. Additionally, by staying up-to-date with the latest technology, they can ensure that they are always on the forefront of the accounting industry. Conclusion We hope this article proves to be useful when it comes to helping you choose the right accounting recruitment agency. By considering these five factors, you can be sure to find the right accounting recruitment agency to meet your company’s needs. A good agency will be able to provide quality candidates and excellent customer service, all while staying within your budget. Bloom Recruitment is a specialist agency focusing on Accounting and Finance recruitment across Australia. From all areas of public practice accounting to in-house finance roles, Jonte and the team aim to provide a personalised service that puts Candidates and Clients first.

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5 min to read

6 Undeniable Benefits of Working with a Recruitment Agency

Working with a recruitment agency can be an invaluable asset when it comes to finding the right candidate for your job opening. Recruitment agencies act as a middleman, connecting job seekers with employers and allowing employers to find qualified candidates quickly and cost-effectively. Here are some of the undeniable benefits of working with a recruitment agency. 1. Cost-Effective Recruiting Strategy Working with a recruitment agency can be much more cost-effective than trying to recruit on your own. Recruitment agencies are able to quickly and efficiently sift through hundreds of potential candidates, presenting the best fit for your job opening. This saves you money in the long run, as you won't need to invest in costly advertising campaigns or spend hours upon hours sorting through stacks of resumes. 2. Improve Your Candidate Scope Working with a recruitment agency can also help broaden your network of possible applicants. Agencies can often draw from a larger pool of candidates than you would have access to, giving you access to the best job seekers in the field. 3. Access Extremely Valuable Expertise In addition to providing access to a larger pool of candidates, working with a recruitment agency can give you access to extremely valuable expertise. Agencies typically have teams of dedicated professionals who specialise in connecting job seekers with employers. These professionals are highly knowledgeable and experienced in the recruitment process and can provide invaluable advice and guidance when finding the right candidate for your job opening. 4. Adapt Quickly to the Changing Business Environment When it comes to adapting quickly to the changing business environment, a recruitment agency can help you with this. They will be able to assess the current market conditions and advise you on the best course of action to take. Their knowledge and experience in the industry will give you the edge you need to quickly and effectively adapt to the ever-changing landscape of the business world. 5. Save Time from Going through Applications Yourself A recruitment agency can assess the hundreds of applications that come their way and narrow them down to a select few that best meet the criteria you’re looking for. This saves you from going through the long and tedious process of weeding out those who don’t meet the criteria. 6. Access Unrivalled Industry Knowledge Through their years of experience, they know the ins and outs of the industry, which can be invaluable when making the best possible hiring decisions. This knowledge can help you stay ahead of the competition, as well as make sure you’re making the right decisions when it comes to hiring the right people. Final Thoughts From quickly adapting to the changing business environment to having access to unrivalled industry knowledge, the advantages of partnering with a recruitment agency are clear. So, if you’re looking to streamline your recruitment process and find the perfect employees for your team, consider enlisting the help of a recruitment agency. Do you need recruitment specialists to help you find the right talent for your company? Let our team at Bloom Recruitment help you. With years of experience in this field, you can rest assured that you’ll have options that meet your preferences. Contact us today for more information!

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5 min to read

10 Working Habits Every Good Accountant Must Possess

Accountants play an integral role in any business. As a financial professional, an accountant must have the right skills, training, and work habits. A good accountant will have the technical knowledge to provide accurate information and help manage funds properly. Below are ten habits every successful accountant should have. 1. Organization The organisation is key when it comes to working as an accountant. Accountants must manage multiple tasks, files, and reports. An organised accounting system can save time and energy and reduce errors. Additionally, staying organized with important documents will set the tone for the entire team and help promote efficiency. 2. Time Management Accountants often juggle deadlines and client work. Time management is essential to ensure deadlines are met and projects are completed accurately. Establishing a daily plan, breaking down tasks, and setting aside time for self-care help maximize productivity. 3. Attention to Detail The accuracy of financial records is essential for accountants. It is important to have a strong eye for detail to ensure everything is correct in the documents and figures. A keen eye for detail is a must for any good accountant. 4. Communication Communication skills are essential for any accountant. A good accountant will have excellent communication skills to speak to clients, coworkers, and superiors effectively. Effective communication with people of different backgrounds is a must for any accountant. 5. Problem-Solving Abilities Accounting is all about numbers, and to be an effective accountant, you must be able to think analytically. Accountants must be able to review financial data, spot trends, and use their analytical skills to identify potential problems. They must also be able to interpret financial laws and regulations and develop creative solutions to tax and other financial concerns. 6. Critical Thinking Critical thinking is essential for an accountant to analyze data, make informed decisions and provide accurate information. A strong critical thinking aptitude is necessary to be an effective accountant. 7. Adaptability Accounting and financial technology are ever-evolving, so accountants must be able to adapt continually to new software and processes. A good accountant should be able to adjust to the changes and apply best practices quickly. 8. Technical Proficiency A successful accountant should have a thorough understanding of industry-specific software. Knowing the ins and outs of the latest accounting applications, such as QuickBooks, can help save time, money, and energy. 9. Ethical Standards Maintaining ethical standards and having a strong sense of integrity are essential for any accountant. A good accountant will be honest and fair in all facets of work and ensure all work is done within the company’s code of conduct. 10. Leadership Qualities Having skilled leadership qualities can take an accountant’s career to the next level. Not only can strong leadership skills help with managing a team, but they can also help accountants show their supervisors that they are capable of taking on increased responsibilities. Key Takeaways The success of an accounting team requires the right skills, training, and work habits. Being organized, having excellent time-management abilities, possessing ethical standards, and having the ability to communicate effectively are some of the necessary traits of a good accountant. With the right habits and practices, accountants can become valuable assets to any company. Seeking assistance with your public practice accounting needs? Turn to the experts of Bloom Recruitment. From all areas of public practice accounting to in-house finance roles, we aim to provide a personalized service that puts candidates and clients first. Get in touch with us today.

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5 min to read

5 Ways To Know That Your Next Role Or Opportunity Is The Right One For You

The end of the holiday season is fast approaching which means it’s the time of year when we remember the year that has passed and ask ourselves ‘what do I really want out of these next 12 months?’ Because, when it comes to accepting new job offers or considering career opportunities, you always want to make sure that you’re trading up. Barring certain specific circumstances, no one wants to swap a decent, stable career for a thankless, undercompensated, emotionally-draining job, right? So how do you know that you’re making the right decision? What are the red flags you should watch out for? What are the sure indicators that this new opportunity is the opportunity for you? Spoiler Alert: it’s not money. Yes, we know; easier preached than put into practice. Everyone’s got money problems, and ‘more money’ is always a solid argument, especially in today’s economy. However, you’ve got to think long-term. You’ve got to think consistency and stability. If this opportunity cannot consistently meet your needs and requirements, it may be worth looking into other options. If it’s not a stable role or it can’t promise [professional and personal] stability, you may want to reconsider. Ask yourself; “if I were to be stuck in this role for the next 5-10 years, would I be okay with it? Would I be more than okay with it?” It’s pretty difficult to answer this question objectively since different people will want different things. We’ve got different values, different priorities, and different definitions of an ideal situation. Luckily, there are five unchangeable factors you can consider in order to puzzle out whether the opportunity before you is worth looking into. 1. Your Gut’s Got Your Back Alden M. Hayashi, Senior Editor at Harvard Business Review, stated in an article that, according to recent research, “emotions and feelings might not only be important in our intuitive ability to make good decisions but may actually be essential.” Initial reactions count for a lot. Yes, we can be blinded by excitement or have certain biases but, in most cases, our intuition is raw and impartial. They know what’s up. Think back to how you felt during the interview: were you hopeful? Excited? Indifferent? Your instincts can usually pick up on what’s best for you. Listening to them could help you bag the opportunity of a lifetime–or dodge a major bullet! 2. What’s Its Shelf Life? How long are you going to want this job? What’s going to happen once the initial excitement wears off? Do you see yourself working for the same company five, ten years from now? Remember; think long-term. Being offered a new position is new and exciting but don’t let your enthusiasm sweep you away. The grass always looks greener on the other side, so really have a think about what this “other side” can offer you before you jump that fence. Otherwise, you may find you went through all that trouble for not much pay-off. 3. Came For The Place, Stayed For The People When considering a role, also consider the environment you’ll be staying in and the people you’ll be hanging out with. Is the work environment comfortable and conducive to productivity? Remember that you’ll be spending 40 hours a week (or more) in that space. Do you see yourself as merely existing in that place, doing your job, or do you see yourself thriving? What about the people? Don’t just think about your boss and direct superior; consider your co-workers and/or possible teammates. Think of the people you’ll be working with and interacting on a daily basis. Do you think you’ll be welcomed? Do you feel like you could comfortably and peacefully share a space with them and still do your absolute best? Or do they seem like the kind of people who would unwittingly distract you from your work? 4. Can It Sustain Your Lifestyle? You’ve got to make yourself a priority. Adjusting your lifestyle to fit your work isn’t exactly the definition of work-life balance. Yes, a modicum of flexibility is key. But if you’re going to have to make changes to your lifestyle that you don’t feel good about, you may need to take a step back and examine the position with a critical eye. Here are some crucial questions to ask yourself: • “Will I have to downgrade some areas of my life (living situation, monthly expenses, utilities, etc.) just to achieve this position, and will it ultimately be worth it?” • “What will my stress levels be like with this new job?” • “Will I have enough time and energy to focus on non-work aspects (friends, hobbies, extracurriculars, etc.)?” If you feel good about your answers to all these questions, mark another notch in the YES column. 5. Ask Not What You Can Do For Your Company … … but what the company can do for you. This sounds selfish but, again; you have to make yourself a priority. Take a look at the opportunity and ask yourself; “is this going to benefit me?” If you answered yes, consider the how. Will this position advance your career goals? Will it broaden your network? Will it help you build the right connections? Does it feel like you’re being paid to do something you love? Is this a dead-end opportunity, or is there substantially unlimited potential for growth? Does the company support and encourage continuous education and improvement? At the end of the day, you’ve got to think about what’s best for you. Switching careers and/or accepting a new position isn’t something you can (or should) take lightly. Do your research, weigh the pros and cons, and always trust your gut.

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5 min to read

5 Reasons Why Embracing Australia’s ‘Mates Market’ Matters

Australians—we’re known around the world for being a pretty friendly bunch. And who could blame us? Great weather (usually), beautiful beaches, and a fairly healthy approach to work/life balance means we don’t have much to complain about. So when it comes to the employment game? It turns out we’re just as affable finding our friend a job as we are meeting them for a beer down at the pub. This is what we recruiters call the ‘mates market’, and it’s still one of our favourite ways to match talent to their dream job. What does the ‘mates market’ look like today? Ahhh, the friend-driven job market. A place where connections are crucial and the beers are optional. With this approach to job-hunting, socializing becomes a hiring prerequisite, and friends are your primary source of employment. Today 60 to 80 per cent of all jobs in Australia are secured through the ‘mates market’ (also known as the ‘hidden jobs market’), which could look like a direct offer, a referral or a recommendation from a friend. So if you want to meet great like-minded professionals and build your professional network, it turns out you’re going to have to socialise like it’s your job. Or your job depends on it, because it very well may! Here are five reasons why embracing Australia’s ‘Mates Market’ really matters: Those people you meet at the bar/hiking group/rowing club? They’re not just connections, they’re the potential key to your next position. Whether you like to save numbers in your ‘notes’ app, add people on social media, or even go old-school and add people to your phone contacts, having a strong network of contacts will make or break your job search. And while it's always important to be respectful of your new contacts' time and energy and not be too pushy, many people respect someone willing to go out of their way to make a call to cement a connection. Potential employers especially. However, if the phone feels too personal, why not ask for people’s email? Then you can send your CV along with that ‘it was nice to meet you’ email. It gives you an opportunity to showcase your strengths and skills in person. Make the ‘mates market’ work for you by attending networking events and social gatherings where you know there will be people with hiring power such as conferences, charity events, alumni gatherings, networking events, and industry conferences. And once you get there, have a short ‘elevator pitch’ or spiel of your expertise and success stories. It gives you leverage when negotiating pay and benefits. You know the old saying, ‘if you don’t ask, you don’t get?’ Well, it’s a heck of a lot easier to ask in a more casual and relaxed setting than in an office. Over a coffee, you can ask for what you deserve and negotiate your salary or benefits package in a way that feels approachable. Just make sure you get any agreements in writing! It allows you to make small talk that will help you determine if the job is a good fit for you. Sure, we all want to be chosen as the perfect candidate but what about clarifying if that role is 100% perfect for you? Avoid getting the wrong job by using the mates market to make small talk and help you determine if the company culture, management or benefits match the type of employee you are. It positions you as an expert, which can pay off later in your career. It’s one thing to know your job well. However, it’s another thing to have a group of people vouch for your skills. This is where the ‘mates market’ can act as the final linchpin in securing your next role. By giving away some knowledge and expertise to friends in an informal way, you are subtly establishing yourself as a key leader in your industry and as a trusted resource. In conclusion… If you want to shake up your job situation, the fastest way to do it is by getting out there, socialising and putting the ‘feelers’ out there. At best you’ll land the role of your dreams. At worst? You’ll, build a professional network, showcase your strengths and skills, negotiate pay and benefits, and determine if a job is a good fit. And, heck, you might even make a few new friends in the process.

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5 min to read

5 Tips When Choosing an Accounting Career path

Accounting is a versatile field that offers a broad range of career paths. Whether you want to work in public, corporate, or government accounting, there is a job option that suits your interests, skills, and goals. However, with so many options available, it can be challenging to determine which accounting career path is right for you. This article provides some tips and considerations to help you choose the perfect accounting career path for you. 1. Consider Your Interests Are you interested in working with numbers, analysing financial data, and preparing financial statements? Or do you prefer working with people, managing projects, and solving problems? Depending on your interests, you may find some accounting career paths more fulfilling than others. For example, if you enjoy working with numbers and data, a career in auditing or financial analysis may be a good fit for you. If you are more interested in management and strategy, a career in management accounting or financial planning may be more suitable. 2. Evaluate Your Skills In addition to your interests, it is essential to evaluate your skills when choosing an accounting career path. Do you have strong analytical skills, attention to detail, and problem-solving abilities? Are you good at communication, leadership, and teamwork? Depending on your skills, you may excel in certain accounting roles more than others. For instance, if you are detail-oriented and enjoy working with numbers, a career in tax or forensic accounting may be ideal. If you are a natural leader and communicator, a career in management accounting or consulting may be a good match. 3. Research Job Options Accounting is a vast field with numerous specialisations and job titles. Some of the most popular accounting careers include public accountant, management accountant, tax accountant, financial analyst, auditor, controller, and CFO. Each of these roles has its unique responsibilities, requirements, and career paths. Therefore, it's crucial to research and understand the demands and benefits of each job option to determine which aligns with your interests and goals. 4. Consider Education and Certification Most accounting jobs require at least a bachelor's degree in accounting, finance, or a related field. However, some roles, such as CPA or CFA, may require additional certifications or qualifications. It's essential to understand the educational and certification requirements of the job you want to pursue and ensure that you have the necessary qualifications to succeed in the role. 5. Evaluate Job Outlook and Salary Some accounting careers have a higher demand than others, and some offer better salaries and benefits packages. For instance, according to the Bureau of Labor Statistics, the job outlook for accountants and auditors is projected to grow by 6% from 2021 to 2031, which is as fast as the average for all occupations. Additionally, the median annual wage for accountants and auditors was $77,250 in May 2021, which is higher than the median annual wage for all occupations. Therefore, it's crucial to consider the job outlook and salary when choosing an accounting career path. Conclusion Choosing an accounting career path requires a careful evaluation of your interests, skills, education, certification, job outlook, and salary expectations. By taking these factors into consideration, you can determine which accounting specialisation and job title aligns with your goals and aspirations. Whether you choose public accounting, corporate accounting, or government accounting, there are plenty of opportunities to succeed and make a difference in the world of finance and business. At Bloom Recruitment, we understand the importance of finding the right candidate for the right job. We specialise in recruitment for accounting jobs in Australia and have a deep understanding of the industry and its requirements. And if you're a business looking to recruit top accounting talent, get in touch with us today to see how we can help you find the best candidates for your team!

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5 min to read

Strategies for Attracting Top Talent to Your Organization

In today's competitive job market, finding qualified candidates can be challenging, particularly in the accounting industry. With the demand for skilled accountants exceeding the supply in many areas, it's essential to have a solid hiring strategy in place. In this article, we'll share tips on navigating the accountant shortage and attracting top talent to your organisation. Build a Strong Employer Brand Your employer brand is your reputation as an employer and how potential candidates perceive you. Building a strong employer brand is essential in attracting top accounting talent. Consider offering competitive salaries and benefits, flexible work arrangements, and opportunities for career development. Highlighting your company culture, values, and mission can also help to differentiate your brand from others in the market. Leverage Social Media Social media can be a powerful tool in attracting top accounting talent. Utilise platforms such as LinkedIn, Twitter, and Facebook to showcase your employer brand and job opportunities. Share content highlighting your company culture, industry expertise, and thought leadership to attract passive candidates. You can also use social media to engage with candidates and build relationships with them. Focus on Candidate Experience The candidate experience is the overall impression that a candidate has of your organisation throughout the recruitment process. A positive candidate experience can help to attract top talent and differentiate your brand from others. Ensure that your recruitment process is efficient, transparent, and respectful. Provide candidates with regular updates and feedback throughout the process and be responsive to their questions and concerns. Partner with a Recruitment Agency Partnering with a recruitment agency can be an effective way to access a wider pool of accounting talent. Recruitment agencies specialise in sourcing and screening candidates, and they can provide valuable insights into the market. Look for a recruitment agency with experience in the accounting industry and an understanding of your organisation's needs and culture. Consider Non-Traditional Candidates In a candidate-short market, it's important to consider non-traditional candidates who may not have the qualifications or experience you're looking for. Consider candidates with transferable skills, such as those who have worked in related industries or have experience in project management or data analysis. These candidates can bring a fresh perspective to your organisation and may be more open to learning new skills and adapting to your culture. Offer Training and Development Opportunities Investing in your employees' training and development can help attract top talent and retain them over the long term. Consider offering your accounting staff training programs, mentorship, and professional development opportunities. This can help demonstrate your commitment to their career growth and development and help differentiate your brand from others in the market. Conclusion Finding top accounting talent can be a challenge. However, by building a strong employer brand, leveraging social media, focusing on candidate experience, partnering with a recruitment agency, considering non-traditional candidates, and offering training and development opportunities, you can attract and retain the best talent in the market. By investing in your accounting staff, you can build a strong team that can help to drive your organisation's success in the long term. Do you need recruitment specialists to help you find the right talent for your company? Let our team at Bloom Recruitment help you. With years of experience in this field, you can rest assured that you’ll have options that meet your preferences. Contact us today for more information!

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5 min to read

Selecting the Ideal Recruitment Agency

How to Choose a Recruitment Agency for Your Job Hunt In today's fast-paced world, finding the right job can be daunting. With so many opportunities available, narrowing down your search and finding the perfect job that suits your needs can be challenging. This is where recruitment agencies come in. A recruitment agency can help you find the right job that aligns with your skills and experience. However, with so many recruitment agencies, choosing the right one can be daunting. In this article, we will discuss how to select a recruitment agency to help you find the right job. Determine Your Needs The first step in choosing a recruitment agency is to determine your needs. What type of job are you looking for? Are you looking for a full-time position, a part-time position, or a freelance opportunity? What industry do you want to work in? These are all questions to consider when determining your needs. Once you clearly understand your needs, you can start looking for recruitment agencies that specialise in your field. Research Recruitment Agencies The next step is to research recruitment agencies. You can start by asking friends, family, and colleagues for recommendations. You can also search online for recruitment agencies that specialise in your field. Once you have a list of potential recruitment agencies, take the time to review their website, read reviews, and check their social media profiles. This will give you an idea of their reputation, the types of jobs they offer, and their success rate. Check the Agency's Credentials Before choosing a recruitment agency, it's essential to check their credentials. A reputable recruitment agency should be licensed, insured, and registered with the relevant authorities. You can check this information on their website or by contacting the agency directly. You should also check if the agency has certifications or awards that set it apart from its competitors. Ask about Their Recruitment Process Once you have narrowed your list of potential recruitment agencies, it's essential to ask about their recruitment process. A good recruitment agency should have a well-defined process that includes screening, interviewing, and matching candidates with job opportunities. They should also clearly understand the job market and the types of jobs available in your field. Inquire about Their Experience Another critical factor to consider when choosing a recruitment agency is their experience. You want to work with an agency with a proven track record of success in placing candidates in jobs that align with their skills and expertise. You can ask the agency about their experience in your field, the types of jobs they have placed candidates in, and their success rate. Consider Their Communication Skills Communication is vital when working with a recruitment agency. You want to work with an agency that communicates with you regularly and keeps you informed about job opportunities. They should also be responsive to your questions and concerns. You can gauge their communication skills by contacting the agency and seeing how quickly they respond to your inquiries. Ask about Their Fees Before choosing a recruitment agency, it's essential to ask about their fees. Most recruitment agencies charge a fee for their services, which can vary depending on the agency and the type of job you are looking for. You should also ask about additional fees, such as placement or administrative fees. Conclusion Choosing a recruitment agency to help you find the right job requires careful consideration. You need to determine your needs, research potential agencies, check their credentials, inquire about their recruitment process and experience, consider their communication skills, and ask about their fees. By following these steps, you can find a reputable recruitment agency that can help you find the job of your dreams. Recruitment for professionals can be complex, but with the right agency by your side, you can achieve your career goals. Bloom Recruitment specialises in recruitment for professionals seeking accounting and finance roles. Our experienced recruiters deeply understand these industries and can help you find the right job that matches your skills and experience. Contact us today to learn more about how we can help you advance your career.

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5 min to read

Crafting a Standout Resume: Tips to Land Your Dream Job

In today's competitive job market, having a standout resume is crucial for landing your dream job. A well-crafted resume can make all the difference in getting noticed by hiring managers and securing an interview. In this guide, we'll review some tips to help make your resume stand out. Customise Your Resume for Each Job Application One of the most important things you can do to make your resume stand out is customising it for each job application. Tailor your resume to the job you're applying for by highlighting relevant skills and experience. Use keywords from the job description in your resume to show that you're a good fit for the role. Use a Clean and Professional Format Another way to make your resume stand out is to use a clean and professional format. Avoid using flashy fonts, colours, or graphics that can distract from the content of your resume. Stick to a simple and easy-to-read format that showcases your skills and experience. Focus on Achievements, Not Just Duties When listing your work experience, focus on your achievements rather than just your duties. Use specific examples to show how you made a positive impact in your previous roles. Quantify your accomplishments whenever possible by stating how much money you saved the company or how many clients you acquired. Highlight Your Skills and Certifications Make sure to highlight your skills and certifications in your resume. Include any relevant certificates or licenses you hold, as well as any skills that are required for the job. Use bullet points to make your skills and certifications stand out and show how they're relevant to the job you're applying for. Include a Professional Summary or Objective A professional summary or objective at the top of your resume can help grab hiring managers' attention. This section summarises your skills and experience and explains why you fit the job well. Keep it concise and to the point, and tailor it to the job you're applying for. Show Your Personality While keeping your resume professional is essential, showing a bit of your personality is also okay. This can help you to stand out from other applicants and show that you're a good fit for the company culture. Use a conversational tone and include any relevant hobbies or interests that showcase your skills or personality. Use Action Verbs When describing your experience and achievements, use action verbs to make your resume more engaging. Action verbs like "managed," "created," and "achieved" help to show that you're a doer and can make a positive impact in the role you're applying for. Proofread, Proofread, Proofread Finally, make sure to proofread your resume carefully before submitting it. Even the slightest typo or grammatical error can negatively impact hiring managers. Use tools like spellcheck and grammar check, and consider having a friend or family member review your resume for errors. The Bottomline In today's competitive job market, having a standout resume is crucial for landing your dream job. By customising your resume for each job application, using a clean and professional format, focusing on achievements, highlighting your skills and certifications, including a professional summary or objective, showing your personality, using action verbs, and proofreading carefully, you can create a resume that stands out from the rest and helps you to land your dream job. Bloom Recruitment is a specialist recruitment agency focused on accounting and finance jobs across Australia. We offer a personalised experience that puts candidates and clients first. Get started now.

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5 min to read

Getting the Most out of Your Internal Audit: Tips for Better Outcomes

Internal audits are crucial for businesses to ensure effective risk management, internal control, and governance processes. They provide an independent assessment of a company's operations and help identify areas for improvement. However, many Australian businesses may not be fully utilising the benefits of internal audits. Today, we will share with you a couple of important tips to help you get the most out of your internal audit process and achieve better outcomes for your organisation: Set Clear Objectives and Scope To get the most out of an internal audit, it's essential to establish clear objectives and scope. These should align with your organisation's strategic goals and risk management priorities. By setting specific objectives, you can ensure that the audit will address the most critical areas of your business, providing more valuable insights and recommendations. When defining the scope, consider the key risks and controls relevant to your organisation's operations. This may include financial, operational, compliance, and reputational risks. Ensure that the scope is comprehensive enough to cover all significant areas but focused enough to be achievable within the given timeframe and resources. Engage and Communicate with Stakeholders Effective communication and engagement with relevant stakeholders are critical to the success of your internal audit. This includes management, employees, and the board of directors or audit committee. Ensure that stakeholders are aware of the audit's objectives, scope, and timeline. Additionally, encourage their input and involvement in the process, as they may have valuable insights and suggestions. Finally, open communication channels will also help to address any concerns or issues that may arise during the audit, leading to a smoother and more efficient process. On top of all of that, involving stakeholders in the development and implementation of action plans resulting from audit findings will help to ensure their buy-in and support for the changes, leading to better outcomes for your organisation. Leverage Technology and Data Analytics Using technology and data analytics in your internal audit process can help to streamline the process and provide more valuable insights. Data analytics tools can help identify trends and patterns, detect anomalies, and assess the effectiveness of internal controls. With that in mind, consider using data analytics techniques such as data sampling, data matching, and trend analysis to assess large volumes of transactional data, identify outliers, and assess the efficiency and effectiveness of your organisation's processes. This can lead to more targeted audit procedures and more robust findings and recommendations. Additionally, using audit management software can help manage the entire internal audit process, from planning and execution to reporting and follow-up. This can help to ensure that audit activities are completed efficiently and consistently across your organisation. Focus on Continuous Improvement An internal audit should not be viewed as a one-time event but as part of a continuous improvement process for your organisation. It's essential to use the findings and recommendations from the audit to drive positive change and improve your organisation's operations and controls. Because of this, ensure that management is committed to addressing any issues identified during the audit and implementing the necessary changes. Develop action plans with specific, measurable, achievable, relevant, and time-bound (SMART) objectives to address any deficiencies identified during the audit. With all of the plans set up, monitor the progress of these action plans to ensure that they are implemented effectively and that improvements are sustained over time. Regular follow-up and reporting on the status of action plans will help to maintain accountability and drive continuous improvement within your organisation. Evaluate and Enhance Your Internal Audit Function Finally, to get the most out of your internal audit, it's important to regularly evaluate and enhance your internal audit function. Assess the effectiveness of your audit processes, methodologies, and tools, and identify areas for improvement. So, consider benchmarking your internal audit function against industry best practices and the International Standards for the Professional Practice of Internal Auditing (Standards). This can help to identify areas where your function may need to improve to meet the evolving needs of your organisation and stay up-to-date with best practices. On top of that, invest in the ongoing professional development of your internal audit team. This can include providing training and development opportunities, membership in professional associations, and access to industry resources and knowledge sharing. Conclusion By following these tips, your organisation can maximise the value and effectiveness of your internal audit function. This will ultimately lead to better risk management, improved internal controls, and enhanced governance processes, helping your organisation achieve its strategic objectives and drive continuous improvement. Bloom Recruitment is an expert agency that specialises in recruiting for accounting and finance positions throughout Australia. We cater to various public practice accounting areas and in-house finance roles, with a commitment to offering a customised service that prioritises the needs of any client. If you are looking for an internal audit of your business, contact us today!

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5 min to read

Understanding the Vital Role and Expertise of Recruitment Managers for Successful Hiring

A recruitment manager plays a crucial role in a company's human resources department. They manage the recruitment process, from job posting to candidate selection and hiring. In Australia, the role of a recruitment manager can vary depending on the size and type of company they work for. This article will explore what a recruitment manager does, including their duties, skills, and qualifications. Duties of a Recruitment Manager A recruitment manager is responsible for overseeing the recruitment process of a company. It is their job to ensure that the recruitment process is efficient and effective and that the company has a steady stream of qualified candidates to fill its open positions. The duties of a recruitment manager include: Job Analysis and Posting One of the primary duties of a recruitment manager is to conduct a job analysis and create a job description. They work with hiring managers to identify the essential skills, knowledge, and experience required for a job. Once the job description is complete, the recruitment manager posts the job on various job boards, company websites, and social media platforms. Candidate Screening and Selection The recruitment manager reviews resumes, assesses candidate qualifications, and conducts initial phone or video interviews. They then shortlist candidates and coordinate interviews with the hiring manager and other team members. The recruitment manager provides feedback to candidates throughout the recruitment process and administers pre-employment tests or assessments. Employer Branding Recruitment services play a critical role in employer branding. They work to promote the company's culture, values, and reputation to attract top talent. The recruitment manager ensures that the recruitment process is consistent with the company's mission and values and reflects positively on the company's brand. Compliance and Diversity The recruitment manager ensures that the recruitment process complies with all relevant laws and regulations, including anti-discrimination laws. They also promote diversity and inclusion in recruitment to ensure the company hires a diverse and talented workforce. Onboarding and Retention The recruitment manager plays a critical role in onboarding new hires and ensuring that they feel welcome and supported in their new role. They also work to retain existing employees by creating a positive work environment, addressing employee concerns, and providing professional growth and development opportunities. Skills Required for a Recruitment Manager To be a successful recruitment manager, you must possess a wide range of skills, including organisational, communication, problem-solving, and the ability to motivate and inspire teams. Let’s look at the key skills a recruitment manager should have: 1. Communication Skills Excellent communication skills are essential for a recruitment manager. They must communicate effectively with candidates, hiring managers, and other team members. Communication skills are also critical in promoting employer branding and addressing employee concerns. 2. Organisational Skills A recruitment manager must be highly organised and able to manage multiple tasks simultaneously. They must prioritise tasks, manage time effectively, and meet deadlines. 3. Attention to Detail The recruitment specialist must carefully review resumes, assess candidate qualifications, and ensure the recruitment process complies with all relevant laws and regulations. 4. Analytical Skills Analytical skills are essential for a recruitment manager. They must be able to analyse job requirements, assess candidate qualifications, and evaluate the effectiveness of the recruitment process. 5. Interpersonal Skills Interpersonal skills are critical in building relationships with candidates, hiring managers, and other team members. A recruitment manager must be able to work effectively with people from diverse backgrounds and cultures. Qualifications for a Recruitment Manager ● Education: A degree in human resources, business administration, or a related field is typically required for a recruitment manager position. A master's degree in human resources or business administration may also be preferred. ● Experience: Employers may prefer candidates with several years of experience in recruitment. ● Certification: Accreditation from a professional organisation, such as the Society for Human Resource Management, may be preferred for a recruitment manager position. Certification demonstrates a high level of knowledge and expertise in human resources. Conclusion Recruitment managers play an integral role in any organisation’s success. They are responsible for sourcing, interviewing, and hiring qualified candidates to fill vacancies in the company. They use a variety of recruitment strategies and techniques to attract and retain top talent. Overall, recruitment managers are essential for an organisation’s growth, as they help to ensure that the right people are hired for the right positions. Looking to hire recruitment managers? Look no further! Our highly skilled and experienced recruitment managers are ready to help you find the best talent for your organisation. Bloom Recruitment is a specialist agency focusing on Accounting and Finance recruitment across Australia. Let us help you build the team you need to succeed!

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5 min to read

Internal vs. External Auditing: Understanding the Differences

Audit procedures are an essential part of any company's financial management system. They help to ensure that a business's accounting records are accurate, complete, and comply with relevant laws and regulations. There are two primary types of audits performed in a company - internal and external auditing. This article aims to explain the differences between internal and external auditing. Internal Auditing Internal auditing is a process where a company's own employees or a team of internal auditors conduct an independent assessment of the company's financial records, policies, and procedures. The primary objective of internal auditing is to evaluate and improve the effectiveness of the company's internal controls, risk management, and governance processes. Internal auditors work closely with the management team to identify areas of the company's operations that require improvement. They perform risk assessments, review financial statements and other documents, and evaluate the efficiency and effectiveness of the company's internal controls. The internal auditors then provide their findings in a report to the management team. The report outlines potential risks, control weaknesses, and recommendations for improvements. The management team can then use this information to make informed decisions about improving the company's financial management systems. External Auditing External auditing is a process where an independent auditor, who is not an employee of the company, conducts an audit of the company's financial statements. The primary objective of external auditing is to provide an independent opinion on whether the company's financial statements are accurate and provide a fair representation of the company's financial position. External auditors are typically appointed by the company's shareholders or board of directors. The external auditor reviews the company's financial records, policies, and procedures to determine whether they comply with relevant laws and regulations. They also evaluate the company's internal controls and assess the risk of fraud or error in the financial statements. The external auditor then provides an opinion on the financial statements in a report. The audit report includes an opinion on whether the financial statements give a true and fair view of the company's financial position and whether the company has complied with relevant accounting standards and regulations. Key Differences There are several key differences between internal and external auditing. These differences include: 1. Independence Internal auditors are employees of the company and, therefore, may have a conflict of interest when conducting an audit. External auditors, on the other hand, are independent and are not affiliated with the company. 2. Objectives Internal auditors focus on evaluating and improving the company's internal controls, risk management, and governance processes. External auditors focus on providing an independent opinion on the accuracy and completeness of the company's financial statements. 3. Reporting Internal audit reports are provided to the management team, while external audit reports are provided to the company's shareholders or board of directors. 4. Scope Internal auditors have more flexibility in the scope of their audit and can focus on specific areas of the company's operations. External auditors must follow specific auditing standards and guidelines and have a broader scope of the audit. Conclusion Both internal and external auditing are essential components of a company's financial management system. Internal auditing helps to improve the effectiveness of the company's internal controls, risk management, and governance processes. External auditing provides an independent opinion on the accuracy and completeness of the company's financial statements. Understanding the differences between internal and external auditing can help companies to make informed decisions about which type of audit is most appropriate for their needs. If you are looking for a well-qualified and experienced audit team, look no further than Bloom Recruitment. Our internal & external audit recruitment process is designed to identify the candidates who possess the necessary qualifications, experience, and aptitude to excel in these roles. Contact us today to learn more!

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5 min to read

Finding Top Talent in Public Practice Accounting

Public practice accounting is a demanding field that requires a high level of expertise and professionalism. As a result, finding the right candidates to fill positions in general practice accounting can be daunting. However, with the right approach, it is possible to identify the best candidates with the necessary skills and qualifications to excel in this field. Here are five tips for finding suitable candidates in public practice accounting. Define the Job Requirements Before you begin your search for candidates, defining the job requirements for the position you are looking to fill is essential. This will help you focus your search on candidates with the necessary skills and qualifications to perform the job. Some of the critical factors to consider when defining job requirements include: ● Education and qualifications: What level of education and what qualifications are required for the position? Do candidates need to have specific certifications or licenses? ● Experience: What level of experience is required for the position? Are you looking for candidates with specific years of experience in the field? ● Skills: What specific skills are required for the position? For example, do candidates need excellent communication skills, strong analytical skills, or experience with particular accounting software? ● Personality traits: What personality traits are essential for success in the position? For example, is the most highly collaborative, requiring candidates who are team players, or is it more independent, requiring candidates who are self-motivated and able to work independently? By defining the job requirements upfront, you can create a more targeted job description and focus your search on candidates who best fit the position. Leverage Your Network One of the most effective ways to find candidates for a public practice accounting position is to leverage your personal and professional network. Contact colleagues, industry associations, and other field contacts to inform them about the open position and ask for referrals. You can also use social media platforms like LinkedIn to connect with potential candidates and share job postings. When contacting your network, provide a clear job description and outline the qualifications and skills required for the position. This will help your contacts to identify potential candidates who are a good fit for the role. Use Recruitment Agencies Finding the best individuals for jobs in public practice accounting might be facilitated by using recruitment firms. These organisations can speed up hiring by screening resumes, conducting interviews, and making suggestions for the best prospects. They also have access to a large pool of individuals. When working with a recruitment agency, choose one specialising in public practice accounting with a strong track record of success, placing candidates in this field. You should also be clear about your job requirements and expectations to ensure that the agency can find candidates who are the best fit for the position. Conduct Effective Interviews Once you have identified potential candidates, it is essential to conduct compelling interviews to assess their skills, experience, and fit for the position. Here are some tips for conducting compelling interviews: ● Prepare a list of questions: Before the interview, prepare a list of questions that will help you to assess the candidate's qualifications and fit for the position. These questions should be tailored to the job requirements and cover the candidate's experience, skills, and work style. ● Use behavioral interviewing techniques: Behavioral interviewing involves asking candidates to describe specific situations they have encountered and how they responded. This can help you assess the candidate's problem-solving, communication, and ability to work under pressure. ● Evaluate cultural fit: Besides assessing the candidate's qualifications and skills, evaluating their fit with the company culture is crucial. This can include assessing their values, work style, and communication style to ensure they fit well with the existing team. Check References Before deciding on a candidate, it is essential to conduct reference checks to verify their qualifications, experience, and work history. Reference checks can help you to confirm that the candidate has the skills and knowledge they claim to have and can provide valuable insights into their work style and performance. When conducting reference checks, ask specific questions about the job requirements and the candidate's fit. It would help to be mindful of any red flags raised during the reference check process, such as negative feedback from previous employers or inconsistencies in the candidate's work history. Conclusion Recruitment for accounting jobs requires a strategic and targeted approach. By defining job requirements, leveraging your network, using recruitment agencies, conducting compelling interviews, and checking references, you can identify the best candidates with the necessary skills and qualifications to excel in this demanding field. Bloom Recruitment is the top accounting and finance staffing agency in Australia. Jonte and the team aspire to provide a customised service that puts Candidates and Clients first, including everything from in-house financial jobs to all parts of public practice accounting. Contact us if you need assistance!

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5 min to read

The Benefits of Working with a Recruitment Agency

Recruiting new employees can be a tall order for any business owner. It entails plenty of time, effort, and resources to find the right candidate for a job opening. Luckily, there's a solution that will make the recruitment process easier and more efficient: working with a recruitment agency. This article will explore the benefits of having one for your business. Access to a Wider Talent Pool One of the biggest benefits of using a recruitment agency is gaining access to a much wider talent pool. Recruitment agencies have a vast network of candidates who are actively looking for employment opportunities, as well as those who may not be actively looking but may be open to new opportunities. This means that the agency can help you find candidates that you may need help finding on your own. Saves Time and Money Finding new employees can be time-consuming and costly. With a recruitment agency, you can save a lot of resources. The agency will handle every aspect of the recruitment process, including advertising the job, sourcing candidates, and conducting initial interviews. That way, you can solely focus on running your business while the agency oversees the recruitment process. Expertise and Experience Recruitment agencies have a team of experts experienced in finding suitable candidates for different roles. They deeply understand the job market and find candidates who are a good fit for your business. These agencies can also help you with the job description, interview questions, and other aspects of the recruitment process. Their expertise and experience can be invaluable when finding the right candidate for your business. Reduces Hiring Risks Hiring the wrong candidate may lead to lower productivity, decreased morale, and even legal issues. Recruitment agencies can help reduce these risks by conducting thorough background checks, verifying references, and ensuring that candidates have the required skills and experience for the role. This means that you can be confident that the candidates recommended by the agency are qualified for the job. Flexibility Recruitment agencies can offer you flexibility when it comes to hiring. They can provide you with temporary staff to cover short-term projects or fill in for employees who are on leave. They can also help you find permanent employees for long-term positions. This flexibility can be particularly beneficial for small businesses and organisations that may not possess the resources to hire full-time staff. Better Candidate Experience Candidates with positive experience are more likely to accept a job offer and become long-term employees. Recruitment agencies can help you create a positive candidate experience by handling the recruitment process professionally, providing timely feedback, and keeping candidates informed throughout the process. This can help you build a positive employer brand and attract top talent to your business. Final Thoughts Recruitment agencies can be invaluable for businesses of all sizes. They can handle the hiring process for you, give access to a larger pool of candidates, offer specialised recruitment services, and provide flexibility when hiring. Additionally, these agencies will create a positive candidate experience and establish a strong employer brand. If you plan to hire new employees, work with a recruitment agency to make the process faster and easier. When it comes to accounting and finance recruitment in Australia, Bloom Recruitment is a leading agency in Perth, WA, that can help you find the best talent for your business. With a team of experienced and competent recruiters, we can provide a tailored recruitment solution that meets your specific needs and budget. Call (+61) 08 6189 8690 or email us at Info@bloomrecruitment.com.au for more details.

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5 min to read

Financial Recruitment: Top benefits

Top Benefits of Financial Recruiting Services for Businesses Recruiting the right talent for a business can be a daunting task, especially in the financial sector, where a high level of expertise and experience is required. With the increasing competition for top financial talent, businesses are looking for more efficient and effective ways to recruit the best candidates. One solution is to use the services of a financial recruiting firm, which can provide many benefits to businesses. In this article, we explore the top business benefits of using financial recruiting services. Access to a Large Pool of Talent One of the main advantages of using financial recruiting services is the ability to access a large pool of talent. Financial recruiting firms have extensive databases of qualified candidates who are actively seeking new job opportunities. This means that businesses can tap into a wider range of candidates and find the most suitable match for their specific needs. Additionally, financial recruiting firms have strong networks and relationships within the industry, which can help them identify and attract passive candidates who may not be actively looking for a new job. Expertise and Experience Financial recruiters are knowledgeable about the industry and understand the skills and qualifications that are required for different roles. They also have experience in screening candidates and identifying the most suitable match for a particular job. This means that businesses can save time and resources by relying on the expertise of financial recruiters to source and screen candidates. Cost-effective Recruitment Recruiting can be a costly process, especially when businesses have to advertise job openings, conduct interviews, and perform background checks. Using financial recruiting services can be a cost-effective solution to this problem. Financial recruiters have the resources and expertise to conduct the recruitment process more efficiently, which can save businesses time and money. Additionally, because financial recruiters have a deep understanding of the industry, they can help businesses identify the most suitable candidates quickly, which can reduce the risk of making costly hiring mistakes. Reduced Time-to-Hire Time-to-hire is a critical factor in the recruitment process. The longer it takes to fill a vacant position, the more it can impact the business's operations and productivity. Using financial recruiting services can help reduce time-to-hire by providing access to a large pool of qualified candidates and streamlining the recruitment process. Financial recruiters can also help businesses identify the most suitable candidates quickly, which can speed up the selection process. Improved Candidate Quality The quality of the candidates that a business hires can have a significant impact on its success. Using financial recruiting services can help businesses improve the quality of their candidates by providing access to a larger pool of qualified candidates. Financial recruiters have expertise in identifying the most suitable match for a particular job, which can reduce the risk of hiring candidates who may not have the necessary skills or experience. This can help businesses improve their overall performance and competitiveness. Conclusion Using financial recruiting services can provide many benefits to businesses, including access to a large pool of talent, expertise and experience, cost-effective recruitment, reduced time-to-hire, and improved candidate quality. These benefits can help businesses find the most suitable candidates for their specific needs, improve their recruitment process, and ultimately enhance their overall performance. Therefore, businesses in the financial sector should consider using financial recruiting services as a strategic solution to their recruitment needs. If you are looking for recruitment services for corporate finance positions, look no further than Bloom Recruitment. We are dedicated to providing our clients with the best professionals in the industry, and we pride ourselves on our excellent track record. Contact us today for more details on how we can help you find the right candidate for your finance department!