Eight questions with... Nuala McAdams

From overcoming exam setbacks to discovering unexpected career paths, the journey of Nuala McAdams, Manager of Government & Infrastructure at EY, highlights resilience, growth and the rewards of saying yes to new opportunities in the world of finance

Five years ago, where did you think you would be now? Have you lived up to your own expectations?

Five years ago, I had just attended my conferring ceremony and was about to move to a new department in my organisation. I have since made another move internally (three different departments in nine years). 

I don’t think I had a five-year plan at that point if I’m honest. I had just qualified and didn’t know what I wanted to do next. 

I think I have lived up to my own expectations in that I have tried new things and avenues in accountancy that I hadn’t heard of. I am so glad I did, as it has taught me new skills and given me new opportunities to develop.

What has been the biggest challenge of your career?

The biggest professional challenge was definitely failing three out of four of my CAP 2 exams – it was a terrible day! 

It was so frustrating and devastating, especially as I knew it was totally on me. I hadn’t attended class as much as I should have, and it showed.

For me, it was 100% my approach to the exam. The videos on charteredaccountants.ie on exam prep became really important to me when I moved to FAE. Fortunately, that went a lot smoother.

Thankfully, I was able to wallow for a few days then pick myself up, work out where I went wrong, put the work in and pass second time around. 

What do you wish you had known earlier in life?

I wish I had known that it doesn’t matter where you are or what you are doing, you can always change your path.

I started accountancy with no background in it, couldn’t tell you what a debit/credit was but I’ve never looked back.

Where do you see yourself this time next year?

I see myself being a lot more organised and making time for things that I love, like my voluntary roles, and hopefully doing some teaching in accounting! 

Who inspires you, personally and professionally?

My mammy’s motto in life is: “Sure what odds?” (In other words, ‘no big deal’.) 

I would love to be so relaxed about things and I do think it’s really important to have that kind of perspective. It’s important to remember that no mistake is that bad –  and we all make them! 

How has being a Chartered Accountant changed your life?

I honestly don’t think I would have had as many amazing opportunities if I hadn’t followed this career path. 

I have met so many new people, built my confidence, travelled a lot, and gained a host of new skills which translate to a lot of different organisations and roles. 

Also, during your grad induction, you are always told that you’ll make friends for life. I didn’t believe it but it is true.

If you weren't a Chartered Accountant, what do you think you'd be doing?

I’d love to host a radio show…or be President of Ireland – both are essentially just talking to people all day, right?

What advice do you have for those who will soon qualify as Chartered Accountants?

Say yes to things, especially events – you never know who you’ll meet – and make time for the things you love or are interested in!