By Jonathon Hickstead
London – it’s close to home, in fact you might be working there already. London has in the last twenty years become the financial capital of the world. New York might still find statistics to prove its dominance but it deals mainly in domestic markets and lacks the international appeal of London. The wealth of talent in Britain’s capital can lead to competition for positions. This, combined with the high cost of living does put a few people off, but can still offer great opportunities.
New York – despite its constant squabbles with the UK over where the financial capital of the world is, New York is a particularly appealing place for an auditor to look for a job. The introduction of Sarbanes Oxley following the collapse of Enron has lead to the rise in demand for highly qualified audit professionals. Visa requirements can often be quite complex and time consuming but the iconic big apple has lots going for it.
Chicago – the windy city might not instantly enter your mind when looking for an audit job in the United States, but in recent years Illinois’ premier city has ridden a crest of a wave and in some financial sectors is more important than Wall Street. The pivotal moment in Chicago’s ascent was the merger between Chicago Mercantile Exchange (CME) & Chicago Board of Trade (CBOT) to create one of the world’s biggest futures market. Whilst it’s not directly related to auditing, when you have money changing hands on that scale, plenty of audit vacancies and positions become available.
Beijing – everyone is talking about China’s economic situation. Currently their mixture of capitalism and communism seems to be the perfect recipe for growth. Not surprisingly the demand for well qualified Western audit professionals in Beijing is high. Whether it’s working for a European company or a local enterprise the opportunities are plain to be seen. It’s a long way from home but not as far as you might think – you might not be popping home for Sunday lunch, but travelling there by plane is a simple procedure.
Bombay – while most people are aware of the growth in China, to many experts the flourishing economy of India is far more exciting, and less risky. Mumbai, Bombay’s new name, is at the centre of the country’s burgeoning financial revolution. With the entertainment businesses of Bollywood and more traditional companies, Mumbai has the appeal of both LA & New York.
Dubai – another fast developing financial capital is the United Arab Emirates’ city of Dubai. The financial focal point for Middle Eastern oil has gained attention for its impressive growth and audacious planning & infrastructure. For many westerners looking for an international audit job, Dubai would prove the perfect fit.
Jonathon Hickstead writes for Careers in Audit, a jobs site specialising in audit financial careers & recruitment.
For more information visit Careers in Audit
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