Corporate accountant or fund accountant? Which one is the better exit opportunity? And why?

like
Posting as :
works at
You are currently posting as works at

Corporate accounting is more steady. Fund accounting always has turnover and is a pretty miserable place to work.

like

Corporate - gives you more opportunities to work on different things. I can research new literature, work on acquisitions or divestitures, manage the yearly audit process, work with operational accounting, budgeting, month end/year end close, implement new ASC all within a short span of time depending what is going on with the company.

like

Fund accounting is soulless, mind-numbing work.

like

Senior associate 1, haven't really thought about it. Jus trying to decide on a good exit opportunity, but the recruiter keeps pushing funds.

smart

If the fund accounting is with a PE firm and there are other areas of exposure, say analysis and month-end close etc., that would set you apart from your peers in future because it will get you PE accounting experience. (I’m a CPA, former audit manager at Grant Thorton, CFO and have been a recruiter for accounting professionals for the past 13 years)

If the fund position is with an investment company and you’re doing mutual funds and such… Go with the corporate accounting or stay put….Agree w other comments 😁

like

Neither

like

Corporate unless you are really interested in the funds.

Well corporate gives you many skills, funds make you really good at being an idiot.. but you could be the best idiot and get a high paying jobs at another fund shop.

Similar to why I don’t understand our seniors that only get experience in funds work… like brahhh you are selling yourself short.

Do you mean experience in fund audits only?

Related Posts

Recently got offered a freelance consulting role for the month of December. Will be mostly focusing on award submissions. Never done this before and I have to send hours/rates, any tips?

like
like

Left IBD to quickly - VP1 opps?

Long story short - was lured into an opportunity to do BD for a large PE PortCo… better work/life balance, but honestly miss the deal cycle.

Anyone know of open VP1 opps right now?

Quick background - former MM banker (think Raymond James, Piper Sandler size) doing FinTech and Asset Management within FIG, but also open to other sectors.

Thanks!

like

Have any folks here made a pivot to PE/VC from consulting? Why'd you do it, and what steps did you take?

like

Doing a panel interview with 2 managers tomorrow for a senior accountant role- Any tips? I never did an interview with 2 people at the same time

like

Have a 115,000 point AmEx Platinum referral offer. Let me know if you’re interested

Post Photo
like

I've recently went to a restaurant and saw a robot waiter, I thought that was the coolest thing. What do you all feel about this shift in the restaurant industry?

like

S&P Global Dear Fishes,
Can someone please help me out by referring my profile for the below mentioned job ID?
I would highly appreciate your support.
Job ID: R21515
Role: Operations Analyst

Thanks in advance!
S&P Global

Can someone provide question bank with Answers for Oracle Order Management cloud order to cash 2022 implementation professional 1Z0-1077-22 exam

likefunny

Looking to exit UTHEALTH SA for other opportunities. Healthcare is great but pay/retirement is womp-womp. How is comp and benefits at your company? Can someone who has been in academic medicine as a Clinical Reporting Analyst transition to other industries? Thoughts fishies.

like

What aspects would you look at when interviewing a person for a Manager position?

like

Incoming expat here along with S/O! They are a product manager and are actively recruiting for the right opportunity - anyone open to having a conversation with them + help with a referral?

We’re hiring across a variety of roles. If one on our site catches your eye - happy to refer if you DM! 😊

likefunny

Dear BDOers, what is the process of transferring between different office in BDO. If I don’t know anyone from the office I want to transfer. Should I just applied the job position on the regular website ?

like

Urgently looking for a role in Customer Support. Have 6 years of experience in non-voice, handled teams. Can join within 30 days. Bangalore/Pune/Hyderabad location. Please help guys 🙏

like

Looking for a referral in Microsoft. Can anybody help me?

like

What are the best and realistic Public Finance exit ops?

like

I have been working remotely since covid getting nothing but positive reviews. My company is not remote friendly and is now telling me I have to return to the office or I lose my job. I just found out a co-worker had a remote position created for them, without a job posting, without an interview and without the experience required (normally a license or certification would be mandatory). I understand life isn’t fair but is there an ethical problem with this?

like

What do you wish you had known before becoming a manager?

like

More Posts

With everyone seeming to be “hiring” I’ve had job interviews with various firms: EY, Plante Moran, Doren Mayhew, Rehmann, to name a few..
Apparently I just suck at interviewing, or the firms in my area are not hiring. 🤦

like

I know everyone has one...what's your favorite element on the periodic table and why?

like

Just signed my offer! Is there an internal bowl I can join?

like

Bowl created for further discussions.

like

Shameless company plug, sorry y’all. But Morgan Stanley just rolled the FRM Experienced Professionals Program. This program is designed to recruit and develop diverse professionals regardless of whether they have a background in Finance or Risk Management. Lmk if you’re interested and I’ll make sure to forward you the information.

Post Photo
likehelpful

Beside toastmasters, what are other ways to improve communication and public speaking skills? Books, podcasts...?

like

I have an offer with TCS with 19L package.
YOE is 11yrs (I know it's less for the YOE)
With my new offer, if I ask TCS to match the offer to 25L. Will they agree?
Anyone have such stories here ?

like

Opportunities

Hi everyone, I will soon be moving to Toronto and looking for opportunities. My background, ex-bcg and entrepreneur. Have been working in micro vc space in Middle East since a year and my PR just came through. So looking to move and actively hunting down opportunities.
Any help is appreciated!

like

S&P Global Hey everyone, Heard this rumour that huge layoffs are going to happen in S&P global india....can anyone give heads up about this ?

S&P Global

helpful

Hi All,

Looking to host my android application on google playstore.
Anyone having developer account on it.
Any lead ld be helpful please 🙌

Hi all, I have 2.8 YOE in Backend development(Node.Js)
I have 3 offers which one should accept on the below offer

1) Kore ai(Hydreabard) - 12.5 LPA Fixed
2) Dentsu World Service (Pune) - 13 LPA Fixed
3) DXC Techonlogy (Bangalore) - 15 LPA Fixed

Can you guys please suggest which one should I take based on your experience, It will really helpful me.

like

Hey All,
Exp : 8.6
Exp On Mulesoft : 4.8
CTC : 20 LPA
Offer holding :
31 Fixed Infinite Computer Solutions
32 fixed from @Nahil (Saudi based gave 32 fixed (no TDS))

Current company: Infosys
I am waiting for the offer letters from
EPAM Systems asked 35, but selected for D3 role so 31/32 LPA.
Genpact (Enquero global) asked 35, not sure they can give or Match?

Which one to join, I am planning for long term commitment. Please provide your thoughts.

like

Workday I’m a QA Automation Analyst with 2 yoe. I gave my tech interview for Workday and cleared it on Tuesday. I’m currently holding an offer of 15.1 from a bank. How much can I ask from workday?
Tech stack. - Selenium,Java,Jenkins,Salesforce automation.

like

What is the best way to look at historical PE investments? I am hoping to discover new PE firms for networking / sales purposes. Potentially a website specifically that tracks announced PE deals. Thank you!

like

What is the yearly hike cycle @capgemini? And when the variable is paid?

like

Hi folks,
I have recently joined capgemini.
Is it worth opting for bus pass if we're working in hybrid mode? Bcoz i think any way if we opt for, the company will deduct whole month specific amount under conveyance allowance.

like

When Ogletree announced its modified associate bonus I heard it also announced a one-time bonus for non-equity shareholders in addition to NES’ standard bonus program. Any insight if associates can also expect a one time bonus in addition to the standard bonus program?

like

Curious how folks are governing/auditing their HRIS data. Wondering if this always done it manually.

like

Is it true Strategy is being swallowed by MC soon?

like

Does anyone have tips for negotiating salary or other perks specifically at a nonprofit?
SDZWA has a large research side that many don’t know about but the pay is rubbish compared to other research organizations.

Additional Posts in Accounting

Anyone make manager during covid? Is being a manager just extremely hard, or is covid playing a big part? I knew being a manager was a lot of work but this is next level.

like

Pretty much every SM i had a good relationship with left the firm in last 12 months. I love the firm but as a Manager i have 0 motivation to network again and give my 100%. What should i do?

like

How long is the typical wait to hear back about a job offer/no offer after a final round interview?

like

PwC’s impact event is a disaster...

like

Considering going from accounting to commercial banking, thoughts? 2 years with EY, 6 months with RSM but these accounting salaries aren’t cutting it. If you’ve made the transition, what is it like?

likesmart

Which offer should I accept? Currently staff 2 at big 4 in Tax with CPA license. I want to leave tax ASAP. Both are public companies +1B in revenue and same salary. Offer 1 - staff revenue accountant so reading contracts, speaking with the sales team and legal team, a lot of work at the end of the months to close books and reconcile transactions to make sure we are ASC 606 compliant. This track usually leads to director of revenue. Offer 2 - internal audit staff so SOX and compliance projects.

likefunny

What happen to your PTO unused if you leave? If you have 8 hours, how much will you be paid?

like

Anyone at Salesforce want to talk and/or give me a referral? 😬

like

Supervisor wants me to take on bigger projects. I'm all for it. Yet, the extra hours I'm putting in already (short staffed) are an issue. Advice?

like

Team is already talking about eating hours. My utilization is down cause I was in unassigned for a month in Dec/Jan. What's worse pissing off the partner or having a low utilization? -staff 1

like

Are other big4 firms getting mid year raises right now?

likefunny

I always bill 100% of my time and for my entire career in public accounting I have never heard anything negative until recently.. I was told to watch my time as the client doesn’t like to pay these fees, and the partner is unhappy because it looks like I have high hours. Is the message that I should eat my time? Or is it that They think I’m inefficient?

likefunny

I’m a senior in FAAS, did audit first at another firm. Came so close to cpa several times, but work took over and I lost credit to literally all of my exams twice. I’m over it, and I honestly don’t...

like

Did Deloitte disable Spark, the email app?

like

Does anyone have any good books or podcasts about how to develop leadership/ managing skills?

like

Scanned from a Xerox Multifunction Printer.pdf

funnylike

How many of you’ll stranded and delayed across both airports thanks to the DL5450 flight from Charlotte to LGA?

like

I started interviewing elsewhere and it’s moving much faster than i expected. I could have an offer next week, my busy season officially ends until 12/15. How bad am i burning brides leaving on 11/4?

like

Who was around in 2008/2009 at big 4? Specifically in advisory? How were those practices affected during the layoffs? Any insight to ease some of the worry/unknown would be greatly appreciated.

likehelpful

Tired of the long audit hours and not ready for another busy season? Join Deloitte’s Accounting & Reporting Advisory group. The hours and pay are better and there’s no busy season. DM me if you want a referral or more details.

funnylike

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal