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  #21  
Old 20.09.2013, 17:21
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Re: Finance Job

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Hi SKD

The Indian ACA is not recognized in Switzerland. However, there is a reasonable demand for SAP trained / qualified people in various accounting functions.

Permit issues are a different thing altogeather!!
HTH
In industry, I would expect that the majority of designated accountants are recognised. If you are looking from an audit perspective, it seems that this designation is recognised. If the Swiss FAOA regulating body recognizes the Indian CA, would industry not also recognise this as the FAOA is known to be quite stringent?
I recently received an email regarding FAOA registration for foreign chartered accountants and have copied below the following quote:
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Furthermore, the reciprocity is given with India, the Philippines, and Turkey; therefore, people from these countries might also receive a license if all requirements are given. Please be aware of the fact that US CPAs (amongst other foreign educations) do not qualify for a license with the FAOA.


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Thanks alot Duncheg!

I dont have either of these degrees but i plan to do CPA...

Thanks for the links!
Currently (and it doesn't look like it will be changing anytime soon), it is known that the FAOA does not recognize certain CPAs (US among others). So depending on your end goal, I would consider what designation to pursue. Why did your choice of designation change from the first post (Indian CA) to the one quoted above (CPA)?


And to add to the topic - finding a job is quite a challenge as a non-EU individual but it's definitely not impossible.

Good luck.
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  #22  
Old 20.09.2013, 17:40
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Re: Finance Job

Thanks Sunrose for your reply !!

Basically As an Indian CA I am more Interested in working in the Finance field (Basically into Corporate finance and related jobs) and not into audit.

Since last six months I am trying to look for a job. For most of the jobs opportunities I have gone through it requires good command over German language or a Degree like CPA. I have not come across any opening for an Indian ACA...

I agree with you that finding a job is a challenging task but not impossible. I am still on with my job hunt.

Thanks for Swiss FAOA Knowledge.
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  #23  
Old 20.09.2013, 18:41
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Re: Finance Job

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Thanks Sunrose for your reply !!

Basically As an Indian CA I am more Interested in working in the Finance field (Basically into Corporate finance and related jobs) and not into audit.

Since last six months I am trying to look for a job. For most of the jobs opportunities I have gone through it requires good command over German language or a Degree like CPA. I have not come across any opening for an Indian ACA...

I agree with you that finding a job is a challenging task but not impossible. I am still on with my job hunt.

Thanks for Swiss FAOA Knowledge.
For the most part, I would say that the Swiss designated accountants often refer to their designation "Eidgenössisch Diplomierter Wirtschaftsprüfer/in" as a "CPA" - however, as this is the English translation of the word, it does not mean that it is really a "CPA". For example, the Swiss designation is not recognised in the US (again from an auditing public practice perspective).

So when you're looking at job ads looking for a CPA, they are possibly referring to a Swiss "CPA" or equivalent (i.e. ACA, CA, etc) unless the job is specifically looking for someone with US GAAP experience or knowledge, in which case, they really would be searching for a CPA.

Last edited by SunRose; 20.09.2013 at 19:02.
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  #24  
Old 20.09.2013, 18:51
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Re: Finance Job

ohk...

Thanks alot for your good knowledge
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  #25  
Old 21.09.2013, 00:30
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Re: Finance Job

SunRose, you seem to be well informed of the situation with the accounting qualifications here.
I'm pretty much surprised that such thing as "Swiss CPA" exists, whatever it is
I must admit I've never heard of it here, in the French part, but I've just checked, and yes, in ZH they require it for certain jobs.
Now it would be interesting to hear the testimony from someone with an Indian qualification who got a job in Switzerland. For the moment I'm quite sceptical about it but then who knows...
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  #26  
Old 21.09.2013, 06:03
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Re: Finance Job

Given you don`t speak the language and are unqualified I think you have very little chance in a Swiss company or with a Swiss qualification.

You have a better chance with a Multinational and therefore an international qualification would suit better.

You should also consider whether you plan to stay long term in Switzerland. If you did manage to get a Swiss designation is it transferable? I`ve never worked with a Swiss qualified accountant but generally in more business related/ controlling fields it`s not a big issue moving between companies and countries. A Swiss designation would be be a disadvantage if you wanted to do a statutory accounting type position in another country (for a non Swiss based employer).
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  #27  
Old 21.09.2013, 19:38
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Re: Finance Job

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A Swiss designation would be be a disadvantage if you wanted to do a statutory accounting type position in another country (for a non Swiss based employer).
On the contrary, a Swiss qualification is fully recognised throughout the EU and EEA countries just the same as any other EU accounting qualification. It simply requires the conversion exam the same as the others.
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  #28  
Old 21.09.2013, 19:45
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Re: Finance Job

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On the contrary, a Swiss qualification is fully recognised throughout the EU and EEA countries just the same as any other EU accounting qualification. It simply requires the conversion exam the same as the others.
Wasn`t really thinking about the EU.
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  #29  
Old 25.09.2013, 11:21
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Re: Finance Job

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SunRose, you seem to be well informed of the situation with the accounting qualifications here.
I'm pretty much surprised that such thing as "Swiss CPA" exists, whatever it is
I must admit I've never heard of it here, in the French part, but I've just checked, and yes, in ZH they require it for certain jobs.
Now it would be interesting to hear the testimony from someone with an Indian qualification who got a job in Switzerland. For the moment I'm quite sceptical about it but then who knows...
The "Swiss CPA" doesn't exist, it's just an English translation of the German word. The "Eidgenössisch Diplomierter Wirtschaftsprüfer" (but translated into French) also exists in the French part as this is a federal designation (the final Professional Judgement exam is in German/Italian/French). The latest batch of "Swiss CPAs" across Switzerland received their exam results earlier this month.

I'm sure there are practising Indians with accounting designations recognised in Industry. I would just assume that it was difficult to use their designation as the basis for coming here and getting a work permit.
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  #30  
Old 23.06.2014, 18:13
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Looking for a finance Job

Hi everyone !!

Warm Greetings!!

Can anyone advice me on Job Search in the finance and consulting service industry in Switzerland.

I have an experience of 5 years (Full time job+Internship) in Corporate Advisory Division (Project Finance) from India.

Currently I am searching for a job but finding it too hard to get one. I know english language and now learning German

Any Suggestions Please!!

Thanks & regards
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  #31  
Old 29.06.2014, 21:14
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Re: Looking for a finance Job

You probably need to get your qualifications recognised. Contact this address:

Accountants and auditors
You are an accountant or auditor and would like to obtain authorisation to work in Switzerland.
Contact:
Eidgenössische Revisionsaufsichtsbehörde RAB
Postfach 6023, CH-3001 Bern
Tel. +41 (0)31 560 22 22, Web site: www.revisionsaufsichtsbehoerde.ch


http://www.sbfi.admin.ch/diploma/017...x.html?lang=en

But your main problem is the fact that you're non-EU so you're last in the jobs queue. It's time consuming and expensive for employers to try and hire as outlined here:

https://www.bfm.admin.ch/content/bfm...zulassung.html

Given that there are probably plenty of financiers from European countries looking for work here, I seriously doubt you'll have much success especially if you also don't know any Swiss languages.
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  #32  
Old 01.07.2014, 11:46
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Re: Looking for a finance Job

Thank you Medea Fleecestealer for your reply!
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  #33  
Old 16.03.2015, 12:03
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Difficult to find a job!! Any tips??

Hi Folks!!

Greetings!!

I have been looking for a job in Switzerland past one year but can't find a way. I am finding it very difficult and its kind of lowering my moral.

I have an experience of 5 years in Finance (Corporate Advisory Division) , India. Currently I reside in Switzerland with Permit B. I am also learning German language (level 2)

Can someone please help/advice/suggest me?

Any good sites/agencies? or some tips ??

I would be very thankful!!


Regards !!
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  #34  
Old 16.03.2015, 12:24
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Re: Difficult to find a job!! Any tips??

You've opened a couple of threads on this same situation and question already. Have you exhausted all the tips that were given in those?
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  #35  
Old 16.03.2015, 15:57
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Re: Difficult to find a job!! Any tips??

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You've opened a couple of threads on this same situation and question already. Have you exhausted all the tips that were given in those?
Thanks. Threads merged to keep all the info in one place.
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  #36  
Old 16.03.2015, 16:28
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Re: Difficult to find a job!! Any tips??

18 months and still no job, seems something must be amiss. How far have you gotten so far in your application process? Outright rejections or have you made it to any interviews?
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  #37  
Old 16.03.2015, 16:32
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Re: Difficult to find a job!! Any tips??

My feeling is the job market is not so good currently for finance roles. I'd be interested to hear if anyone has started their own business or has done something productive or different in the meantime, any ideas to pass the time instead of focusing on job hunting could be useful
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  #38  
Old 16.03.2015, 16:42
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Re: Difficult to find a job!! Any tips??

Based on other threads/posts, unfortunately I think OP has the deck stacked against him/her a bit.

- non-EU
- trailing spouse on dependent permit
- minimal experience in the field
- still learning German
- located in Bern, which is not exactly known as a finance hotspot
- qualifications from India may or may not be recognized here

As others have said, what specifically have you tried? How many interviews? How many rejections? Have you tried to get your qualifications recognized here?

It's a very competitive market right now. It seems people from all over the globe want to move here for the salaries. You have to stand out from the crowd. Good luck!
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  #39  
Old 30.03.2015, 04:43
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Re: Difficult to find a job!! Any tips??

@skd26
As I understand it, you've been in Switzerland for over a year now, still struggling to find employment.

In that period, have you become fluent in German? If you do not gain a good command of German, after a while of being in Switzerland you lose your "oh, I'm just new here" bonus, and not having made the effort starts to count against you.

Since you have not found work by now, I'd recommend that from now on, you put at least 80% of your seeking-employment energy into learning German. Do everything in your power to read, write, understand and speak at least High German. That will be a plus, not only in the German skills themselves, but in demonstrating to any future employer that you are serious about wanting to be able to get along well with your work colleagues.
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Old 30.03.2015, 05:08
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Re: Difficult to find a job!! Any tips??

See also many other ideas in this thread about another young person looking for work:
Jobs: Int'l School diploma, US Bachelor not enough?
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