When is the best time to look for a new job? There are many factors to take into consideration when deciding on whether or not to stay at your current position or consider new opportunities. The work may no longer be stimulating and or you desire a new challenge and the opportunity to advance. Whatever the reason, there are certain months that are better than others to explore new opportunities within the accounting industry.
In public accounting, busy season typically falls between January and March due to tax and auditing season. When companies are looking to hire, there is a shortage of candidates who are looking for a new job during that time period, making it the best time to look. Statistically, you give yourself a higher probability of getting the job you want during that time period versus waiting until the summer. If you are currently between the staff and manager level this is the best time to look for a new job. If you are able to make time for an interview, the odds of finding an attractive opportunity are much higher than in April through May when the busy season is over and everyone is looking to make a change.
If you are looking for mid to executive level positions within finance and accounting, April through June is the best time to look for manager and c level positions (Controller, Director, and CFO). Companies typically pay out their annual bonuses in February and March, which keeps employees in their current position until after that time period.
As a reminder, the best time to look for a job is when you don’t need one. While being strategic on what months to look is important we feel you should always keep your ears open to the next great fit.