Many third-party event management firms host and organize career fairs. They allow firms to set up shop to discuss career prospects at their firm with the attendees of the fair. The big four often take up a significant position at these fairs. Prospective candidates can attend these fairs, look at the openings available at the firms, network with the firms' representatives at the fair and understand their job roles, tasks, and nature of work they will be applying for.
At these fairs, firms aim to speak to the candidates and make them aware of their work culture, clients, categories of work, and several other things. Candidates may ask their questions, seek tips, and make connections at these fairs. Some candidates even manage to impress the firm representatives and have their CVs floated to HR. Candidates may also drop their CVs and cover letters with the firms at these fairs. Recruit Globally certified candidates as a priority.
Big four firms and other MNCs require Certified professionals like CMA, CPA, ACCA, CFA, CPA, and CA. Gaining globally recognized credentials in Finance and Accounting can ensure that you have the edge over others who are vying for the position. They ensure building domain expertise, higher exposure to the practical world as well as access to global networks. These certifications can be the best way to secure a job with a high salary and great designation. According to the survey, Globally certified professionals get a 60 percent hike compared to professionals without any certification. So in order to advance the career in Finance and Accounting, globally recognized certifications are necessary.
Placement Drives
Placement drives are also a vital category under which the Big Four recruit candidates for positions they want to fill. More often than not, placement drives are for new entrants and collaborate with institutes and colleges around the country.
This includes candidates taking aptitude tests and several rounds of interviews and then being paired with the organizational departments. Candidates face intense competition and a gruelling selection process to secure a spot at these firms.
Internal Referrals
The process of aiming for a job at one of these big four Accounting firms requires grit, ambition, and a lot of hard work. For fresh candidates and experienced ones, one arena to enter these firms is through internal referrals. The industry is well-knit and closely positioned; employees of one firm know employees of others.
Often, job openings requiring specializations are known to current employees who would recommend others for the position. Having someone recommend a candidate for a job at the big four is a matter of several factors augmenting at the right time for the right job role and the right person.
Internal referrals have the personal reputation of the referee attached to the performance of the candidate. Therefore, it is a matter of great trust between the referee and the candidate. Networking in the industry is a really important factor that counts towards being able to have someone refer one's candidature to the firm.
University Campuses
The churn rate at these firms is relatively high because of the intense work culture, fast-paced life, and long hours. Many employees also seek to enter corporate or other categories of work after their initial years at these services firms. Some also move towards a master's or Ph.D. degree after gaining the necessary industry experience. Therefore, to make up for positions and the need of the growing businesses, and human resources requirements, these firms recruit annually from university campuses.
Firms are a part of campus placements that help them directly engage with final year outgoing students of the universities and offer them positions even before their final year examinations. Often, the big four firms approach the country's top universities for these campus placements.
One-on-One Hires Through Job Portals
Many jobs by the Big Four are now being listed on various job hunting portals. The employers can post advertisements of the various vacancies they have, the details of the job descriptions, and the minimum requirements candidates need to meet to apply for the said positions. The application process for a position at one of the Big Four involves rigorous evaluations, including technical skills assessments and interviews with relevant work experience considered crucial.
Because of the interface of most of these portals, firms can directly access information of these candidates like CVs, cover letters, and recommendations from previous employers or academic guides. The interviewer will assess whether the candidate's CV aligns with the firm's needs and the specific role they are applying for. After the initial screening on these portals, the HR from firms reach out to the most suitable candidates, carry out the firms' internal hiring process with them, and reach a conclusion on the hiring.
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