Why Choose a Career in Accounting and Finance Interview Question: How to Answer Expertly

By: Andrew Reed | Updated: 13 June, 2024
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why choose a career in accounting and finance

One of the most common interview questions will be one exploring your choice of career such as – Why did you choose a career in Accounting and Finance?

In this post we give you our top tips on how to answer that questions if posed in an interview. If you are embarking on your work journey or looking to change careers this post is for you also.

We review reasons why Accounting and Finance is such a great career choice, we outline the skills ideally suited and we help you with answering this common interview question and provide sample answers to help.

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Why They Ask This Question

You may be asked this question either on your application, in your interview or possibly both. It is a question that comes up a lot, especially for a career that involves a lot of responsibility.

They are keen to see the path you have taken and the process you have followed in making your choice,  They also want to get an indication of how motivated you are and whether your choice is based on interest and passion as opposed to simply having a job.

Some common variations of this question that may be put to you:

  • Can you share your motivations for pursuing a career in accounting and finance?
  • What attracts you to the field of accounting and finance?
  • What inspired you to apply to work with us in particular?

Effectively showing your commitment to a career in Accounting and Finance is important here. It is also helpful to answer this question in such a way that you are showing the recruiter that you are thinking of your future aspirations and career progression.

Reasons for Choosing a Career in Accounting and Finance?

It is never easy to answer these types of questions, especially when you are in the hot seat and they are waiting for you to speak. To help you plan for this, answer with confidence, and help plan your career, here are several reasons why you might be considering a career in Accounting and Finance:

  • Job demand and security: The financial sector is an important part of the economy and always will be, meaning it will always be in demand. Businesses, governments, and individuals all require financial services, and this provides job security.
  • Career diversity: The world of accounting and finance is a broad one and it offers a wide range of career path choices. These could include work in areas like auditing, tax, financial analysis, management accounting, and more.
  • Intellectual challenge: If you have an analytical mind and enjoy problem-solving, and dealing with complex systems, a career in this field could be intellectually fulfilling.
  • Professional Development: A lot of roles in finance offer opportunities for ongoing
    learning and professional growth. You can also gain professional qualifications.

Short Answer to the Why Accounting Interview Question

Here is a snippet of sample interview answer to inspire you. In your interview you would of course make it personal to you – the interviewers will want to hear enthusiasm and energy when you speak.

I chose a career in accounting and finance because I have always been fascinated by the way financial decisions impact a company’s performance and strategy.

My natural aptitude for numbers and detail-oriented analysis, combined with my interest in business operations, drew me towards this field.

I appreciate the structured, logical approach required in accounting, and I thrive on the challenge of navigating complex financial landscapes to find effective solutions.

Moreover, this career path offers substantial opportunities for professional growth, stability, and the chance to work in various industries. It aligns with my long-term career goals and my passion for contributing to a business’s success through sound financial management. 

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Expand Your Answer With The Following Content

Explain Your Motivation for Your Career Choice

Let’s for a moment explore why you may want a career in this exciting and rewarding sector.

Ask yourself, what is your main interest in embarking on a career in Accounting and Finance? Maybe you are good with numbers and enjoy working with them, lots of people do.

Whatever your reason may be, an interviewer will almost certainly ask you what it is. This is why providing a thoughtful and sincere response is important. A recruiter will need to understand your commitment to the role, as well as your suitability.

Mention Varied and Challenging Opportunities Available

In the UK, there are lots of career opportunities in the fields of accounting and finance. One of the most well-used routes is through Finance Graduate Schemes offered by larger financial institutions.

These schemes provide training and hands-on experience in various areas such as accountancy, banking, finance and insurance. An FGS often leads to professional qualifications and allows for specialisation in areas such as investment banking, data science, underwriting and risk management.

There are also Graduate Accounting Finance Jobs available for fresh graduates. For example, things such as Accountant, Graduate Development Scheme, and Graduate Finance Apprenticeship are among those commonly advertised. These positions offer practical “on-the-job” experience and can serve as a stepping stone to more advanced roles in the industry.

It is also worth mentioning that many of the major banks, financial institutions, and insurance companies in the UK run graduate schemes. Their programs provide excellent opportunities for graduates to gain industry experience and hone their skills.

Show Your Knowledge of Day to Day Responsibilities

The responsibilities that come with a career in Accounting and Finance are varied and will depend on the position itself. However, the most common responsibilities are as follows:

  • Auditing and Analysing Finances: Accountants are responsible for auditing and analysing the financial data of a company. They make sure of the accuracy of financial records and identify any areas that need improvement
  • Ensuring Financial Compliance: They make sure financial statements comply with applicable laws and regulations.
  • Financial Forecasting: A career in Accounts and Finance also means playing an important role in financial forecasting. To do this they use historical data, market trends, and various other metrics to make informed decisions.
  • Preparing and Filing Tax Returns: It is the responsibility of an accountant to prepare and file tax returns for a company.
  • Risk Analysis: An accountant performs risk analysis to ensure the financial stability of the company.
There are a few more responsibilities that will need to be taken on, again depending on the individual role, but these cover most of them. If you are considering a career in Accounting and Finance, then you may be tasked with some of these responsibilities.

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Outline How Your Skills Fit

You may be asked a follow on interview questions about the skills that make a good accountant or finance person. They will want to hear that these are the skills that you bring.

There are a some key skills and abilities that you will need to have for a successful career in Accounting and Finance, as you can probably imagine. The following is a rundown of some of the more important ones.

  • Numeracy is important and involves the use and application of numerical data.
  • Accountants need to be familiar with the standards for preparing accounts. In the United Kingdom, for example, the Generally Accepted Accounting Practice (UK GAAP) determines these standards.
  • Proficiency in reading and understanding financial documents, including balance sheets, income statements, cash flow statements, and annual reports is vital.
  • Strategic and critical thinking is the most in-demand skill for finance professionals.
  • Communication and storytelling skills are important when it comes to explaining complicated financial information so it is clear and understandable.
  • Being able to accurately interpret and draw insights from financial data is becoming more important in today’s data-driven world.
  • A level of proficiency in finance-related software is often required, or at least desirable.

Show That You Thrive in Accounting and Finance?

There are lots of disciplines involved in the world of Accounting and Finance and a wide range of roles for people to consider a role in.

With that in mind, what type of person would typically do well in a career such as this? To help you, consider the following attributes and see how many sound like you.

  • Do you have an analytical mindset: People who enjoy working with numbers, analysing data and solving problems would likely do well in a career in this field.
  • Have an eye for detail: Accounting and finance professionals deal with complex financial data regularly, so they need to have a keen eye for detail to make sure of accuracy.
  • Unwaveringly ethical, professional standards: Because of the sensitive nature of financial information, professionals in this field should have a high level of ethical standards.
  • A professional interest in continuous learning: The world of Accounting and Finance is constantly evolving, so being willing and able to stay updated and learn new skills is important.

You should remember, that these attributes are listed to give a general idea of what could be required and that individual roles and companies may have different requirements.

Mention Your Qualifications

To pursue a career in accountancy and finance, you will typically need the following qualifications:

Educational Degree

A bachelor’s or master’s degree in a relevant field such as accounting, finance, business or economics is often required. And if you don’t have a degree?

It’s possible to pursue a career as a chartered accountant even if you don’t have a degree. The ACCA qualification is accessible to those with a mix of GCSEs and A-levels.

However, If you already possess a Degree in any discipline, you might be excused from certain examinations. You may even have the opportunity to join the accounting field and commence your studies at the foundational level.

Professional Certifications

Many employers and recruiters require prospective candidates to have professional certifications. Some of the key, relevant professional qualifications:

  • Chartered Financial Analyst (CFA): You need a relevant Bachelor’s Degree in finance before undertaking this course.
  • Associated Chartered Accountant (ACA): To become a chartered accountant, you’ll need to undertake in-depth accountancy training and pass professional exams with a recognised industry body (such as the ICAEW or ACCA).
  • Association of Chartered Certified Accountants (ACCA) qualifications.
  • Certified Public Accountant (CPA): A common certification required for accounting jobs.

Other skills

Aside from academic, and professional qualifications and certifications, you will need more than just being good at maths.

Analytical, interpretation and adaptability are attributes that are also important and required to communicate accurate financial information, put forward realistic targets and drive business growth.

Keep in mind that these qualification requirements can vary depending on the specific role and the company you apply to.

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About the Author |
Experienced interview coach with Anson Reed and co-author of the bestselling interview guide Top Answers to 121 Job Interview Questions. With over 20 years experience of recruiting and leading large teams Andrew is well placed to know just what is required to secure a job offer.
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