Hey guys, time sensitive question (need FSO input too). Got an offer from two companies. One is a large private company and I’d be doing their revenue rec and ASC 606. The other (cont.)

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

Is a very large financial services company and I’d do mortgage loan accounting among other things (get to move around). What are the career prospects for both. If I were to go the financial services route, could I work for, say, a tech company in the future, or will i pigeon hole myself?

like

I have a background in mortgage loan accounting and financial services. Have had multiple contacts from Amazon for finance manager positions that I wasn't really interested in so you should be ok. I wouldn't stay in the space for too long though if your goal is to move over to finance departments in tech.

like

(Cont'd) I don't know enough about Rev Rec, but I would think it impacts everyone as opposed to just mortgage loan accounting; in general if you want to move over to tech I think they focus more on your skillset than experience. Any experience with building models, SQL, analytics etc should be very interesting to the finance roles at these tech firms.

like

Do you know more about the ASC 606 company? You could be in for a world of hurt if they chose not to automate, and you’d definitely be in for a world of hurt (and major growing pains) if they did automate... recently implemented at a client and their Corp finance team (owners of ASC 606) are being run ragged- it won’t be any better next year.. probably worse... but won’t last forever of course

like

KPMG 1 - thank you! That definitely helped. I know SQL and analytics and it’s an interest of mine so that’s why the position was attractive to me.

like

PWC 1 - I think they want to bring me on board to help with their rev rec analytics and see if they can automate any processes since it seems pretty manual. So I’d help with that transition. Seems like an interesting position.

like

Related Posts

like

What is the salary range for Technical Lead role in Infosys ? I have a HR round coming up and don't want to get lowballed into that one.
Exp: 5+ yrs

like

Can we use salesforce mobile for personal purpose like clicking photos and transfer it to another mobile

Can I see everyone’s engagement ring I just love love

likehelpful

Researching the job mkt & pay for nursing: It is so easy to set up a first interview esp. as a nurse. Set up a zoom meeting, in the zoom meeting ask abt job details and ask for the salary range. They will give it to you, and in my case it was the same range for both of the companies. (Hospice oncall nurse here👋). Then you fit in somewhere on that continuum based on education & experience—that where the negotiation comes in—they will make a case to place you as low as possible on the scale.

like
like

Zscaler offered me position in Amsterdam for senior Qa. Offering 85k base pay and 20k equity for 4 years. I am 12 year experienced, feel lowballed with the offer.
How much can be negotiated here, what would be a good number to check with HR team?

Just hit EXP on AA for next year - should I keep flying them for work for the remainder of the year or try to get status somewhere else?

like

Any recommendations on credit cards with lounge access? Currently have the Chase Sapphire Reserve which has Priority Pass, but have been turned away from lounges not accepting PP at peak times

Financial advisory seems so dull compared to cyber . I should have done cyber from day one smh 🤦‍♀️

like

My 401k technology stocks are down 27% as I started beginning of last year!
Hold and ride OR some other recommendation?

like

What's the hike percentage on promotion in BNY Mellon and what's it without promotion for Pune India operations?

like

How much avg annual hike in o9 solution India at architect level?

like

What is the COVID positivity % in your home vs work zipcode (if they are different)?

like

I am interviewing for nCino as a entry level Support Engineer. They ask for 2 years experience in the financial services industry and knowledge of Salesforce. I have over 1 year experience in the financial industry and 2 years working with Salesforce. I live in Louisiana and it's Remote. What salary should I be aiming for? Total compensation also if you can! What do other Support Engineer get paid

like

Hi All,

I joined
Tech Mahindra for 5 days only and didn't find suitable timing for my project and emailed resignation mail to manager and HR. After that HR asked me to resign over portal but at the same time blocked my portal. After requesting many times they didn't unblock my portal and pretended like they want to unblock but there is some issue going on and marked my profile absconded. I have cleared fnf but they are not providing reliving letter but added pf amount also. What to do?

like

Which is good brokerage account for etf and stocks. Can't use robinhood due to restrictions

Does anyone have any plus points that are expirining and want to give them away? I'm flying to India and back in Feb and see some availability for PZ. Unfortunately I'm just a gold. TIA.

like

Additional Posts in Accounting

Financial advisory seems so dull compared to cyber . I should have done cyber from day one smh 🤦‍♀️

like

Do you guys know if there are disclosure requirements to the clients when hiring an international tax preparer?

like

I know this has been asked 1000 times but I searched and couldn’t find- EY SPG corporate code? Back to work tomorrow requires I schedule a vacation to cure the depression.

like

Doing documentation is the the adult version of Mad Libs

like

PwC people, does vacation negatively impact utilization the same way hitting G&A does?

like

How can I move from audit to a financial analyst role? Most recruiters say I should look for an accounting/finance hybrid role.

like

Thinking about switching from a big 4 to a mid-sized firm. For those that have done it, was the culture change significant/what was your experience like?

like

What makes you really happy?

like

Has anyone left their job after making a huge purchase? I just bought an apartment near my job but I think I'm about to be fired 😮

funnylikehelpful

Hi All. Just looking for some advice. Currently working for a regional firm as a Staff & become licensed in Nov. I want to move to B4, best to wait & apply w/ license number or start process now?

like

Do you know if they fire you if you go overbudget on time too many times?

like

Has anyone ever stayed longer at a firm just because you “liked” someone?

likehelpful

How much does a first year tax senior make in the Silicon Valley area?

like

Now please...

Can we all stop posting job offers for audit & assurance that says anything related to “work - life balance”? Nobody on this app was born yesterday and I’m tired of lol-ing to it all!

likefunny

What’s it like in these SF Bay tech companies ? With the crazy benefits and high pay ? Any tax folks here can shed light on difference between that and PA?

like

My former Big 4 Senior Manager was sent back to Asia and did not respond to a inquiry from a potential employer even though he agreed to be my reference.

This cost me a job with a free Masters. FML

like

Leaving Big 4 for industry. Is it really bad if you don’t give 2 week notice?

like

Is working at a local 1-2 office firm where you do tax, audit, and bookkeeping more interesting than just sticking to audit or tax?

like

When life isn’t even hard and you’re still struggling 😔

like

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

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