Philip Newbald is an assurance associate at PwC

Age:  23

University attended:  University of Edinburgh

Course taken:  Politics & French MA

What did you want to be when you were 8? Accountant (obviously)

Favourite way to relax? Fielding at Fine Leg on a summer’s day

Favourite place to eat in Jersey?  Mano’s Bistro at West Centre. Great Portuguese food!

Favourite noise?  Flower of Scotland sung at Murrayfield

What made you choose PwC

After attending university career fairs and having read graduate employer guides, it seemed pretty clear to me that PwC was the world’s frontrunner in financial services. After I did work experience with PwC one summer, I was even more convinced. The firm seemed to invest a lot of time and money developing its employees as professionals, as well as offering a host of social and sporting opportunities. This, coupled with the youthfulness and energy of the office, made it an easy choice. 

What sort of professional training are you undertaking?

I’m currently studying towards my ACA qualification to become a Chartered Accountant. The course is a great challenge and has significantly broadened my knowledge and understanding of the finance industry. It spans three years and consists of 15 exams. The firm’s fully supportive throughout the process; paying for our professional teaching at BPP and allowing us time to prepare for the exams. Being in college one week, and working on our respective audits the next, means you constantly have the opportunity to practice what you have learnt.

What do you do on an average day?

It’s difficult to describe an average day as I carry out such a variety of work, but it almost always involves working at client’s offices, talking with their staff, on an audit either in a team or working more independently on smaller jobs. The great thing about working in the Jersey office is that because we’re a relatively small firm compared to say the UK, even in my first year I got the opportunity to meet and work with clients at all levels. The audit teams are good-humoured and lively which always makes for an interesting day.

What's the next step?

 The next step is to pass my exams and become qualified! PwC has firms all over the world and I’d love to take advantage of this. The opportunity to go on secondment and learn about different industries is very attractive from a career perspective and exciting on the travelling front.

What advice would you give to yourself as a graduate considering the experience you have now?

I graduated in 2010; the world’s economy was in recession and we were all very conscious that jobs were few and far between. Coupled with not knowing what I really wanted to do and having studied humanities at university, I wasn’t overly confident of getting a job at PwC. In 2011/2012 the world’s economy is still likely to be in recession, and I’m sure the doubts I had about the job market are still rife amongst new graduates. I’d advise:

  1. Apply sooner rather than later, don’t put it off and give it your very best shot! !
  2. Accountancy offers a great insight into the finance industry, you’ll have a qualification you can take to any industry and with PwC you are certain to get the best possible support and training.