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Job Seeker Strategies

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Creating Winning Cover Letters

If you want to make a strong impression with a prospective employer, start with the cover letter. While this document often seems like an afterthought, you should spend as much time perfecting your cover letter as your resume. Why?  This introductory note is typically the first thing hiring managers see, and it is the primary enticement for them to read your resume. Following are some tips that can help you convey the best message:

  • While you’ve likely heard this before, don’t forget to tailor your cover letter to the specific job opening and company. If your letter seems like a cookie-cutter document that could be sent to any business, you are unlikely to get an interview. Research the firm by reading industry publications, searching the Internet and speaking with members of your professional network. Then, demonstrate your knowledge of the business and interest in helping it succeed by including some of this information in your cover letter.
  • If the job advertisement called for an individual with “enthusiasm” who possesses “at least five years of payroll experience” and has worked for a “retail firm,” use some of the same language in your cover letter. The document might read, “In my six years at ABC Store, I rose from payroll clerk to payroll manager and was commended by supervisors for my enthusiasm and ability to motivate a team.”  Just be sure the details you include are accurate.
  • Don’t use your cover letter as a venue for rehashing your resume. Instead, focus on key aspects of your employment background that relate directly to the job opportunity and expand upon them. This is your chance to highlight your relevant experience and demonstrate why you should get the job. If you’re applying for a position requiring some public speaking, for instance, mention in your cover letter that you recently spoke on a panel at a national accounting conference.
  • It may seem like a minor detail, but make sure to address your cover letter to the person who is hiring for the position. Writing “To Whom It May Concern” or “Dear Sir or Madam” will not set you apart from the crowd. By making a quick phone call to the company, you should be able to get the hiring manager’s name and title. And, of course, once you have this information, make sure you spell both correctly.
  • Have a trusted friend carefully proofread your cover letter before sending it. Just one typo could cause your application to end up in the “no” pile.

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Creating a Stellar Resume

A good resume can be hard to find; just ask any hiring manager thumbing through stacks of them. To stand apart from the crowd in today’s competitive employment market, payroll professionals must submit a document that makes an immediate impression. In fact, a well-crafted resume is your most effective tool for landing an interview and, ultimately, a new job. Following are some key “do’s” and “don’ts” of resume writing.
First, some do’s:

  • Do use action verbs as much as possible. For instance, instead of writing a passive sentence such as, “My company has provided me with five years of payroll experience,” write using an active voice: “Possess over five years’ experience as a payroll coordinator for Fortune 500 company.”  Also avoid vague terms such as “familiar with” or “experience with” - these phrases set off alarm bells for hiring managers, who may question your actual depth of knowledge.
  • Do use bulleted sentences that are short and to the point. Avoid lofty and redundant language. The goal is to communicate your abilities clearly and concisely.
  • Do format your resume chronologically. According to research by our company, executives prefer work histories listed in reverse chronological order rather than grouped by skills or job function. There are times when it’s necessary to arrange your resume by skills or job function - both are good options for those who have large gaps in their work history or are trying to break into a new career area - but in general it’s best to use the traditional approach.
  • Do remember to tailor your resume for each opportunity by highlighting key achievements and qualifications that relate specifically to the position. Often this may be as simple as reordering bullet points to emphasize certain skills and expertise.
  • Do include terms from the job description in your resume. If you’re applying for a position where the advertisement for the job asks for candidates with “high energy” and “experience with corporate clients,” integrate those phrases into your resume (as long as they’re true, of course!). Many companies electronically screen resumes for keywords, so you can boost your chances of landing an interview by adopting any applicable phrases.

Now, some don’ts:

  • Don’t include a long, unrelated laundry list of job duties on your resume, such as “familiar with XYZ design software” and “employee activity committee coordinator.”  Instead, only include those skills that are relevant to the opening.
  • Don’t include irrelevant facts about your personal life. The fact that you enjoy cycling on the weekends isn’t relevant unless you’re applying to a bicycle manufacturing company. Only pertinent information - such as membership in a professional association - should be listed.
  • Don’t include an unprofessional e-mail address in your resume, such as “crazyforcanines@xyz.com” or “mathminded@xyz.com.”  Set up a new e-mail box, if necessary, that uses your name in the address. Along the same lines, don’t include in your resume a link to your personal website; you don’t want hiring managers to see pictures of you falling off a surfboard in Hawaii. Providing a link to your personal website is acceptable only if it contains a record of your professional achievements, resume and other career-related information.
  • Don’t overlook the little things: A resume marred by typos, misspellings or grammatical mistakes sends the message to potential employers that you lack attention to detail, which is especially important for payroll professionals. It is always a good idea to use your computer’s spell-check function and ask a friend or relative to review your resume for accuracy before submitting it.
  • Don’t list references or write “references available on request.”  Hiring managers assume you will provide this information when asked. However, do give each of your references a copy of your resume so they can more adeptly highlight your achievements when contacted.

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Acing the Interview

A Robert Half International survey of chief financial officers found that job seekers make more mistakes during the interview than in any other phase of the job-search process. This news may make you even more apprehensive over the prospect of meeting with a potential employer, but it doesn’t have to. In fact, by preparing thoroughly for the discussion and understanding common pitfalls to avoid, professionals can turn this challenging situation into an opportunity.

Simply put, the interview is your time to shine. Receiving an invitation to personally discuss a job opportunity means the organization was impressed by your resume and intrigued enough to bring you in for further insight into your abilities and experience.

In particular, this can be a breakthrough moment for payroll professionals, who must be able to present complex data and concepts, often in layperson’s terms, to colleagues, senior management and clients. Clearly expressing your thoughts and showcasing your talents during the meeting with a hiring manager demonstrates, among other qualities, your strong communication skills.

The following advice can help you make a positive impression:

  • Research the employer. One of the biggest mistakes job applicants make is not knowing enough about the organization. Even before you submit your resume, review articles in trade publications, business journals and local newspapers to learn as much as you can about the firm. Also speak with contacts in your professional network, who can share their insights and experiences. The information you gather will help you speak directly to the opportunity and show your enthusiasm for the role.
  • Understand the value you bring. Fundamentally, a hiring manager wants to know why you’re the right person for the opportunity. Develop a plan before the interview that will help you answer this question and distinguish yourself as a top candidate. Study the job description again and determine how your unique skill set will enable you to succeed in the role.
  • Consider potential answers to common questions. While you never know exactly what you will be asked during an interview, chances are you will be presented with a few common questions, such as “What are your strengths and weaknesses?” and “What are your most significant accomplishments in previous positions?”  As much as possible, provide specific examples of how you helped former employers and tie your responses to the needs of the opening. For example, in response to the first question, you might say, “I’m a strong communicator, but I would like to improve my public speaking skills. I’ve taken classes in this area and recently delivered my first presentation at an APA chapter meeting, after which I was invited to speak again at another upcoming event.”
  • Demonstrate your confidence. Sometimes, how you say something leaves a bigger impression than what you say. That’s why it’s imperative to demonstrate confidence through your body language. Greet the hiring manager with a strong handshake and maintain eye contact throughout the discussion. Avoid gestures that make you appear nervous, such as excessive hand motions or constantly tapping your fingers or feet. But a quick word of caution: Remember the difference between confidence and arrogance. Our company’s research has found the worst mistake a management-level job candidate can make during an interview is displaying too much hubris.
  • Take your turn to ask questions. The employment interview is not just a time for the company to evaluate your qualifications for the position, it’s also your chance to determine if the opportunity is right for you. Decide in advance the aspects of the role and the business about which you’d like to learn more so you can ask the hiring manager related questions. Examples may include: “What are the organization’s long-term growth objectives?”  “How does this position fit into the firm’s overall strategy?”  “What constitutes superior performance?”  “What will be expected of me in the first few months?”

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Common Interview Pitfalls

To make a positive impression during an employment interview, you must do a number of things: dress professionally and arrive at the meeting on time, for example. But demonstrating to the hiring manager your ability to perform well in the role also requires you to avoid certain actions, including:

  • Not knowing enough about the company or position – Failing to conduct thorough research about the opening indicates to the employer you aren’t serious about the opportunity.
  • Displaying a bad attitude – A know-it-all mindset, disrespect toward the interviewer and inattentiveness during the meeting are just a few ways to remove yourself from contention.
  • Bad-mouthing your previous manager – Even if you worked for the world’s worst supervisor, an interview is not the time to list his or her problems. The interviewer may begin to suspect you are the problem as opposed to your previous manager. Instead, take the high road: If you are asked about your working relationship with a previous boss, you might mention how the two of you had different work styles but still managed to upgrade the company’s payroll system in record time.
  • Asking about compensation prematurely – Salary and benefits may be top of mind for you, but wait until you’ve been offered the position before inquiring about them. Otherwise, the hiring manager will wonder if you’re more interested in money than the opportunity itself.
  • Failing to send a thank-you note Always send a thank-you note promptly to each person who met with you. This simple courtesy can go a long way: A majority of executives polled by our company said they consider a post-interview thank-you note helpful when evaluating prospective employees. Briefly restate the skills, expertise and enthusiasm you bring to the position, and address any areas of the discussion in which you feel you could have expressed yourself better. You can send your gratitude in writing or via e-mail, but whichever form you choose, this gesture will ensure the effort you took to distinguish yourself during the interview will make a lasting impression.

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Industry Resources

2010 Salary Guide 2010 Salary Guide
The 2010 Salary Guide provides projected average starting salary ranges for accounting, finance and banking positions, as well as an overview of the issues currently impacting the industry.
http://www.roberthalffinance.com/EmployerFreeResources
The 2009 EDGE Report The 2009 EDGE Report
Get a sneak preview of the post-recession job market. The 2009 EDGE Report is based on an annual survey of employers and employees by Robert Half International and CareerBuilder. The report features how to gear up for smart hiring when the economy rebounds, the fields and types of positions most poised for growth, anticipated trends in compensation and benefits, and more.
http://www.roberthalffinance.com/EmployerFreeResources
Global Financial Employment Monitor 2009 - 2010  Global Financial Employment Monitor 2009 - 2010
The Global Financial Employment Monitor looks at international trends in accounting and finance, including hiring challenges, retention concerns, and the economy’s impact on staffing and personnel management. The report is based on a survey of more than 4,800 finance and human resource managers across 21 countries.
http://www.roberthalffinance.com/EmployerFreeResources
IFRS for the United States: Making the Talent Transition IFRS for the United States: Making the Talent Transition
International Financial Reporting Standards (IFRS) is an accounting framework that has been gradually adopted by more than 100 countries around the world. The movement toward IFRS has been fueled by increasing globalization and the related need for a single set of worldwide standards that enhance the transparency and comparability of corporate financial results. IFRS is now being considered for adoption by the United States.
http://www.roberthalfmr.com/EmployerFreeResources
Cost-Effective Staffing for Unprecedented Times Cost Effective Staffing for Unprecedented Times
In this report, we discuss how companies can develop flexible workforce management and staffing strategies, outlining the steps necessary to maximize human resources and sustain business growth in today's economy.
http://www.roberthalffinance.com/EmployerFreeResources
30 Most Common Mistakes The 30 Most Common Mistakes Managers Make in an Uncertain Economy
A challenging economy puts every manager’s skills to the test. This guide helps company leaders navigate tough times by outlining 30 common pitfalls and how to avoid them. The information falls into four categories: morale and retention; productivity; innovation and risk-taking; and building business. This guide helps managers learn from mistakes companies have made during previous recessions to build strong teams that can weather any economic storm and emerge prepared for the inevitable upturn.
http://www.roberthalffinance.com/EmployerFreeResources
Search Smarts: Best Practices for Conducting an Online Job Search
Many professionals instinctively turn to the Internet when seeking a new job. But it's important to step back and consider the finer points of conducting an online job search before looking for employment on the Web. Search Smarts: Best Practices for Conducting an Online Job Search contains tips and best practices to help you successfully traverse this ever-evolving electronic environment.
http://www.rhi.com/OnlineJobSearch
Glossary of Job Descriptions for Accounting and Finance Glossary of Job Descriptions for Accounting and Finance
This resource details the responsibilities, education, experience and skills required for more than 100 accounting, finance, banking and financial services positions.
http://www.roberthalffinance.com/EmployerFreeResources
The Guide to Certifications for Accounting, Finance and Operations Management The Guide to Certifications for Accounting, Finance and Operations Management
Demand for accounting and finance professionals with advanced skills and up-to-date knowledge has heightened the need for those who have demonstrated their expertise and who are committed to ongoing education. The Guide to Certifications provides an overview of a wide range of professional designations in the fields of accounting, finance and operations management, including information on exam requirements and sponsoring organizations.
http://www.roberthalffinance.com/EmployerFreeResources
How to Hire Smart Hiring the Best People
This booklet offers a variety of techniques that can help you take the guesswork out of hiring.
http://www.roberthalffinance.com/EmployerFreeResources
How to Keep Your Best People Keeping Your Best People
Retaining qualified employees is a challenge all companies face. Having the right staff directly impacts an organization's ability to maximize productivity and achieve business goals. In this booklet you'll find advice about compensation, benefits and perks, as well as tips on managing and motivating workers.
http://www.roberthalffinance.com/EmployerFreeResources

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