Flexible careers set to replace traditional career ladders by 2035 – ACCA
By Nii Trebi Hammond
The long-held idea of a straight, step-by-step career path is rapidly losing relevance for finance professionals in Africa, according to a new report by the Association of Chartered Certified Accountants (ACCA).
A global survey conducted by ACCA shows that nearly two-thirds (62%) of finance professionals in Africa believe flexible career paths will replace traditional linear careers by 2035, while another 28% expect both approaches to exist side by side.
The findings are contained in ACCA’s latest report, Career paths reimagined, which draws on responses from more than 450 African ACCA members, future members and employers. The report suggests that how finance professionals work — including when, where and the type of work they do — will look very different within the next decade.
Technology emerged as the strongest force behind this shift. Almost six in ten African respondents (59%) identified technological change, including the growing impact of artificial intelligence (AI), as their biggest concern for the future of work. Economic and geopolitical uncertainty ranked second, followed by sustainability pressures and rising compliance demands.
According to the report, future career success in finance will rely less on job titles and more on skills, adaptability and continuous learning. Interpersonal skills, technological competence, technical expertise and specialised knowledge were identified as critical areas for development. The report also anticipates an increase in career breaks and “micro-retirements” as professionals work longer and prioritise flexibility.
Speaking on the findings, Jamil Ampomah, Director for Africa at ACCA, said the changing landscape presents significant opportunities for the continent’s workforce.
He noted that Africa’s career environment is becoming more dynamic and opportunity-driven, shaped by demographic trends, economic realities and rapid technological change.
ACCA’s Chief Executive, Helen Brand, said the profession is being reshaped in ways that expand rather than limit career possibilities.
She explained that traditional career ladders are giving way to personalised paths defined by skills and experience, adding that professionals who embrace change and take ownership of their learning will be best positioned to succeed.
The report also points to structural changes within organisations, including the decline of traditional middle-management roles and the rise of specialist positions. Advances in technology are transforming entry-level roles, while slower economic growth is making sideways career moves increasingly important for both career progression and financial stability.
Report author Clive Webb, ACCA’s Head of Business Management, said flexibility and curiosity will define successful careers in the years ahead.
He stressed that professionals and employers who adapt early will benefit from rewarding careers and a more sustainable talent pipeline for the finance profession.
ACCA is urging employers to review traditional career models to better align with changing skills demands and the realities of a more flexible, skills-driven workforce.
