The natural instinct for many is to leave financial reporting behind and move into commerce as quickly as possible. After all, they now hold a sought-after qualification, and hiring managers are interested. But does rushing into industry at the first opportunity always make sense?
What Does a "Commercial" Role Really Mean?
Many newly qualified ACAs tell us they want to take on a more commercial role. Often, they aren’t entirely sure what that means—just that they want to move beyond reporting into something that feels more strategic and adds tangible value to the business.
At this stage, it can be disappointing to hear that most roles open to newly qualified accountants still include financial reporting. This is where taking a step back and considering the bigger picture becomes essential.
If the long-term ambition is to become a Finance Director or CFO in a blue-chip, then the key question to ask is:
Why Financial Reporting Still Matters
The reality is that most senior commercial finance leaders will have spent time preparing financial statements and statutory accounts at some stage in their careers. This isn’t because they had no other options - it’s because they understood that gaining a solid financial grounding would be an asset in the long run.
A structured role that allows an ACA to gain hands-on experience in financial analysis, business performance, and statutory reporting is often the stepping stone to more senior commercial roles. This is a difficult sell to someone who has already spent three years in audit, but it’s the kind of long-term career insight that a specialist recruiter can provide.
On the other hand, without considering the bigger picture, some ACAs might find that their best option is actually to stay in practice - either in the same discipline or in a different area such as transaction services, corporate finance, or advisory.
The Risks of Moving Too Quickly
For some newly qualified accountants, the transition to commerce can be a bigger change than they anticipated.
Moving into a smaller company might mean they are the only qualified accountant in the team.
The commercial role they secured may not be as strategic as expected, leaving them focused on the same financial reports month after month.
In extreme cases, some ACAs who haven’t fully thought through their move find themselves returning to practice sooner than expected.
The idea that the grass is always greener isn’t always true - and the best move is the one that aligns with long-term career goals, not just short-term preferences.
How a Specialist Recruiter Can Help
A well-connected finance recruiter does more than just introduce candidates to job opportunities. They can map out a clear career trajectory, ensuring that each move fits into the bigger picture.
At The Consultancy Group, we work with newly qualified ACAs to:
Define career goals - helping them assess whether industry, practice, or an alternative route is the best fit.
Identify the right opportunities - ensuring a strong match on company size, culture, and long-term career progression.
Provide insight into hiring managers' expectations - helping candidates make informed decisions rather than reactive ones.
Plan Your Next Move With Confidence
Before making any commitments, take the time to work with a specialist finance recruitment consultancy that understands the ACA market and can help clarify the best path forward.
For a confidential chat about your next step, contact us today.
