If you think accountants are only for accounting firms, you’d missing out on significant opportunities with growth potential and big rewards. Accountants are not just needed in banking and investment sectors. In fact, they are needed in almost all types of industries – in health, transport, manufacturing, dealership, education, film, and even in mining.
At present, the mining industry seems to be the greatest source of employment and opportunities. Despite the tough economic times and increasing unemployment rate in other areas, the mining industry remains to be in need of skilled workers to keep up with its production demands. Reports said that the mining industry will face a serious labor shortage in the next decade. This is mainly due to its large aging workforce that is ready to retire. In Canada, about 40 percent of mining workers are already beginning to reach their retirement age. So this means that there will be thousands of employment positions to open up in the near future.
According to the Mining Industry Human Resources Council (MiRH), more than 106,000 skilled workers will be needed in the next 10 years to replace retirees and fill new project vacancies. Engineers and safety professionals are the most needed. But there will also be great demand in the service of other workers, including electricians, geologists, metallurgists, HR managers, and accountants, particularly financial and management accountants.
So if you are an accounting graduate looking for a great employment, then applying in the mining industry can be a great option. The industry has a lot to offer – great compensation, opportunity for growth, and employment security. And since this industry is greatly in need of thousands of workers, they are putting much effort to develop new strategies to attract young professionals to enter the field. These include improving machines and mining equipment to make their jobs much easier, providing more training programs to help them improve their skills, and increasing their salary and benefits to inspire them to work better.
However, keep in mind that even if the industry needs to hire thousands of workers, this doesn’t mean that mining companies will hire just about anyone. The mining industry is a very demanding and laborious industry. You need to have the right skills and ability to meet the job requirements for the position you’re applying. You also need to prepare yourself well so you can become more effective when you enter the field.
If you’re an accounting student or a fresh graduate, you would want to improve your skills and knowledge first before you consider applying, either by getting experience in other industries or attending more training. It will be much easier to find a job in the mines if you have great experience and training. And if you have the desire to level up your career and get one of the highest positions in the field, such as a Chief Accountant, you would definitely need to get your license and earn years of accounting experience. (To pass your CPA exam and become licensed, it’s a must to use CPA review courses, such as CPAexcel and Becker CPA review. Go online to read about CPA excel and Becker CPA review reviews.)