Japan News and Discussion
By Terrie Lloyd
I had an interesting question from a reader worried about whether she would be too old to start applying for jobs after spending many years acquiring three languages and an advanced professional qualification. While it is true that companies in Japan prefer younger employees if they are going to take on someone with limited work experience, the attraction of fluent, multiple regional language skills is so great at present (remembering that unemployment is still very low) that employers will make concessions when they see someone who has really tried to improve themselves.
Reader:
I graduated with a Bachelor’s Degree in Economics in 2004. However, I drifted around for a period of time, studying Japanese and traveling. As such, I only have two years of full-time work experience (in translation and interpretation) to date, including my current contract assignment with a traditional Japanese Multinational Corporation (MNC) in Japan. I am fluent in English, Mandarin, and Japanese (JLPT1).
In terms of career goals, I want a more challenging and faster-paced career than my Japanese employer can offer. I’d like the chance to have my own projects and over a period of time, to move into a managerial position. Specifically, I’d like to become an internal auditor for an MNC.
The problem is that after two years of interpretation and translation assignments, I find myself lacking in hard skills like professional qualifications and industry-specific experience. A jack of all trades is not really marketable in the long run. Therefore, I have been thinking about going for further education, such as a Master’s Degree in Accountancy, next year after my current contract expires. This means that I would graduate in 2010.
My concern is: at the age of 28, and still without any actual auditing/accountancy experience, do you think I would be “employable or desirable” in the eyes of hiring managers?
Terrie:
As a trilingual with a fresh degree in a technical discipline, and particularly as someone who speaks three of the most widely-used languages in North Asia, I imagine that employers will be very interested in you. Yes, 28 is a bit older than most companies would be thinking of for fresh grads, but you do have some work experience and the language skills and potential Accountancy degree are very compelling. Probably you will just need to ensure that you interview with a variety of Japanese and foreign companies (don’t get despondent if you get some rejections) to find the right fit.
A Japanese employer is probably going to want you for your language skills, so you may have to barter a bit with the hiring manager to get a career plan that lands you in internal audit. Make sure you get any undertakings IN WRITING, because the bartering will mean that you are moving outside the normal career development program. The good news is that larger Japanese firms are starting to bulk up on internal auditors, due to Japanese SOX (J-SOX) - a new set of corporate compliance regulations for publicly listed companies that will start kicking in this year (and continue for the next couple of years). Further, for those companies that have international operations, the whole issue of compliance with U.S.-based SOX and incoming regulations of other countries is just another layer of headaches.
The other good news is that because J-SOX derives from U.S. SOX, you will probably find that many Japanese companies’ internal auditing departments are staffed with people who have had foreign work experience. This means that if you can find and meet such people (a good place to start is to attend internal auditor forums and events), you will have a strong chance of finding one who wants to apprentice you into the team.
Foreign firms are also going to be very interested in you, especially those companies which are operating under a regulatory body, regardless of whether they are listed or not. I would include banks, securities firms, insurance companies, some trading companies, accounting and consulting firms, services companies that write lots of international business, and others. Depending on what sort of companies you apply to, if they are in the financial sector, you should go straight in as a junior applicant for the accounting, internal audit, or financial controller team. Whatever role they initially assign you to, after 18-24 months, you should find yourself working on internal audit and/or internal compliance issues - which will start making you valuable as an employee. Once you are an integral part of the team, you can start negotiating for whatever parts of the job description that are still missing.
Probably what you are going to find is that you will get accounting position offers right from Day One, but hints of something better (i.e., more specific to your goal) at some of the larger firms. This means you will need to decide whether to hold out or to go for the second-best position and work your way up. If you do get a hint of something promising, you might want to offer yourself up for an internship or a part - time position to get started. Again, once they find that you can do the job, you’ll become valuable and will be upgraded accordingly.
If you think that accounting might be interesting, and certainly multilingual accountants are in demand, you might also want to take the Japanese accounting exam at the same time as doing your Master’s. I’ve heard that the first three levels are not so difficult and can be done part-time. If you’re really eager, you might also consider doing your CPA exam. Keep in mind that this will be quite time consuming, so you may want to do this instead of starting on your Master’s. Whatever your choice, be assured that you already possess many valuable skills that make you an attractive candidate to employers.
Terrie Lloyd writes a weekly newsletter for entrepreneurs and business people about business and political opportunities in Japan. You can find the newsletter at www.japaninc.com. For further contact with Terrie, email him at terrie.lloyd@japaninc.com.
12 Comments
rjd_jr at 12:27 PM JST - 15th April
This is interesting but also sad in a way that someone feels that 28 is too old for a job. Age discrimination is alive and well throughout the world. Where I live, age discrimination usually starts to hit people in their mid 30's, and by the 40's age discrimination is a high probability. We live in a youth oriented world, nowhere more so than in the work place. But I would think that a 28 year old is in the prime of their lives.
Ultradude at 12:52 PM JST - 15th April
As a hiring manager for a gaishi consultancy doing audit, I can say that I don't care if he speaks Klingon if there is no actual experience relevant to our clients' needs. The Japanese CPA is difficult, hence, there are only 18,000 in the whole country. With persistance and luck, he'll find a position somewhere but I do think he'll have to be very flexible.
Princeska at 02:31 PM JST - 15th April
I speak 6 languages please hire me. Kowing foreign language is nothing, just a hobby. You need skills for doing a job.
fireant at 03:29 PM JST - 15th April
There are secretaries in Los Angeles that speak three or four languages. They don't have the necessary skills, like Ultradude said, to be managerial level, but they are indispensable when it comes to customer care.
DeepAir65 at 04:42 PM JST - 15th April
Just recently as a hiring manager I took someone with less experience but all the languages we need for Asia and it worked out very well indeed.
Cos at 04:00 PM JST - 16th April
I know thousands of women, fluent in Japanese (JLPT + four years), Chinese (Mandarin + their Native dialect)and English, plus they have daigaku/daigakuin degrees that are supposed to be valid in Japan. They wouldn't even get their visa here with only that. They can find full time jobs, but only at OL salary level. Those that are executive are in fact CEO...of their own business.
But, it seems Terrie's reader is White and even whiter than that, American, nobody would care in Osaka, but maybe in Roppongi that's enough to pass the glass ceiling.
ronaldk at 06:04 PM JST - 16th April
Go to law school, that's what I did at 27, quintupled my income.
ToughGuyBanker at 12:02 PM JST - 17th April
My secretary speaks four languages. She'll never amount to more than a secretary because she's dumb as a brick and has zero skills other than serving tea and coffee.
A language is not a skill.
Anyone who spent time traveling and 'learning languages' has no chance in the job market. It's over. You should have been serious about your life. If you want to travel, be a stewardess.
yukikanou at 08:59 AM JST - 18th April
You could always become a linguist.
papasmurfinjapan at 09:53 AM JST - 18th April
Are you suggesting the only skill linguists have is being able to speak other languages? You may be surprised to know it is a very specialised profession.
zaichik at 08:41 AM JST - 21st April
I know from my experience in Japan and NZ that being able to speak another language is not the be-all and end-all in the job market. You definitely need to be able to demonstrate other skills. However, if you have those skills plus a second or third language, then your career opportunities can open up tremendously.
Incidentally, in the last few years, there has been a growing number of Japanese young people applying to study corporate law in the USA, after a few years of working for major Japanese companies, as they want to get ahead in the field of internal auditing by learning about Sarbanes-Oxley (SOX) and what lessons can be learned from the US experience ahead of the entry into force of J-SOX. However, one does wonder how much these people will be able to learn, given that they are having to employ someone (i.e. me) to translate their personal statements into English!
UnagiDon at 09:03 AM JST - 21st April
Or eikaiwa teacher...
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