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EY recruiting is such a mess. Applied and did a pre-recorded video interview, heard nothing for like 3 weeks. Then I get a random call saying they liked me and would I be available to attend an interview the following day. I say yes but never receive an email or additional details. Call back the number and it goes to voicemail. The following week I get a rejection email. Just so frustrating EY
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Who said they want to mute Trump on Zoom before? LOL
anyone get their stimulus checks yet?
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It's a different type of stress. You might be working one 1-2 regular companies but in Financial Services you'll be juggling anywhere from 4-12 depending on size and structure which can get complicated. It's not easier but it is better imo. There are various branches of financial industries which can get more demanding even with one client. I don't have banking experience so cannot speak for them however I pulled in more hours auditing hedge funds than any of my colleagues did in regular commercial clients in season. Let's put it this way: I rather work at a regular company and audit in the financial services industry.
FS works more since it's such a heavily regulated industry.
FS has more stress and hours than commercial teams in my experience.
Not true. It's like comparing apples to oranges. Lots of FS people I know spend multiple years on the same team of a big client in my market. So they could spend 2+ years just on a tie out team. that being said, the hours suck in FS when it's busy time because of short reporting periods, but the non-peak times are a breeze. In non-FS, you get to see a lot more a lot faster and aren't pigeon-holed into FS when you leave. The hours during peak times don't seem as bad on most teams, but non-FS tend to work more during non-peak. Ultimately, I think it smooths out to the same amount of time.
Except I'm busy year round working in FS since there's a million financial statements that need to be audited and issued besides the 10-K. And you can spend years on the same client, but there are tons of different areas of the company that need to issue audited financial statements. All goes back to the size of the company though. There's a reason why some financial institutions have $100 million in audit fees compared to none FS companies.
Yea, that's why it's apples to oranges. I mean, it's not consistent from year to year even on the same team. It depends on team structure, staffing, new guidance, client staffing, client significant transactions, new/significantly updated audit software, etc. In the end, just pick an industry that you like. That's all that matters