How is the learning curve from PA to industry?

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

It can be very steep depending on your public accounting experience. When I left public accounting and went to a large firm in industry, I had ZERO prior tax provision experience . There was a lot to learn having never done tax provision before. Industry firm taught me everything regarding tax provisions

like

I'm in this exact situation. Left public for a sales and use tax industry job at a F500. Hated indirect tax so I found another role focused on tax provisions which I don't have experience with. My manager is teaching me well but did you do any self-training on provisions and ASC 740? Any advice/tips?

like

If you just need operation-related experience, the learning curve is relatively low. It's not much different from joining a new company in general.

If you need technical knowledge-related experience, the learning curve is extremely steep. Your hiring manager might not always be the most technically savvy person and there are not enough experience opportunities. Think about it, you are going down from 10+ clients with various scopes to a single company.

If you are ambitious in climbing the corporate ladder, the best advice is to build up technical knowledge in PA before moving. If you don't mind being stuck in a lower-paying grunt position for the rest of your career, transition any time.

Related Posts

I’ve worked as assistant manager for years, but it doesn’t look like I’ll be getting a promotion anytime soon. I feel bad leaving since I'm kind of the glue around here and I’ve gotten to know pretty much everyone. Any advice?

like

How many of you have quit without another job. Did you regret that decision?

like

What are some great paying fields/position that are lesser known in the world of finance and are not crazy hard to lateral into? With around a year of experience in asset management/operations, I always try to think about what my career path will be and so far it has been ever changing.

like

Anyone here who made the exit from Big 4/MBB consulting to a VC? If so, I’d love to hear about how the experience is so far. (Not to mention the WLB and comp!) I’m considering a career change but have no one in my network I can go to for insights. Thx! 🙏🏾

like

I am expecting an offer from Oracle Digital, Consulting with about 60% hike (25 LPA fixed + Variable at 5.2 YOE) from current pay package and a role of principal consultant.
A few questions I have regarding this.

1. What are the perks/employee ben there?
2. How is the work life balance?
3. How is the hike and bonus?
4. How is the scope of moving to development centre of Oracle - IDC?

Finally, what do you guys think about the pay package, should I be targetting a higher pay package?

Thank You!

like

Thoughts on Wealth Management as an industry? Offered a role to work under a senior FA and eventually take over the book (~$800M AUM and growing). It sounds great, but I am worried about the disruption this industry is facing with Robo advisors and other low cost, DIY options. I’d want to make sure the clients stay through the transition, and I don’t want to join a dying industry. Thoughts and advice?

like

BLUE YONDER OR EY INDIA Where to join? My priority are work life balance, self growth. Salary is same for both. Genuine suggestion needed.

like

Who here has any advice on how to get into marketing at age 40?

like

Investing beginner here. How did you learn? Any resources that I could read/watch would be helpful. Thanks

like

Ust vs Nagarro vs Cognizant, which one is better for 10years experience Nagarro IBM Cognizant

like

Hi experienced folks need your suggestions:
I am in a functional role where I need to work mostly on ppt, finding insights and a lil bit of cognos, SQL and python.
I have knowledge of data engineering and ml as well but not used in my role.
The most important factor is I am saving more than 2 lakhs pm in the role as it's onsite. Do you recommend to search for opportunities or continue in the functional role?

like

Hello, looking for supervisor positions in healthcare within NYC, I am looking to start ASAP. I have my Bachelors in Health Services Admin and Economics, 5 years of experience in the industry and I am currently working towards my PMP certification, as well as going for my MBA or MHA, depending on what program I can afford. I am currently located in Queens. Thank you!

What MBA programs should I be targeting? I work in med tech in the Bay Area and am interested in staying in medtech consulting or trying to get into VC. Decent GRE score that COULD get me looked at by M7s but it’s a stretch. I feel like unless it’s a decent program it’s not worth it. Anyone do an MBA/MPH?

like

A relative of mine passed out in CSE in 2012 with 80% but never worked before. She is looking to start her career now... Can anyone guide or suggest how to go about it ... Since most openings are freshly out of college graduates only.
Highly appreciate your time.

like

Hii
How is dbs project in ibm in term of wlb, carrier growth etc.

like

Anyone else experiencing rejection after rejection? I have 10+ years in customer facing support w/ the last 4 years in Customer Retention Escalations with high retention outcomes for subscription/contract based services. I’ve been trying to shift into Customer Success Management but not landing any interviews. Update resumes to coincide with every post, cover letters, you name it. Any suggestions to help improve outcomes? Lost my job and broke my ankle In the same week. Really need a win rn lol

like

How to get released from the tcs project?
in the past i have seen My project manager has not given them a release, in the end they have to resign.
I am in a product support project, i want to switch to another domain.
I am preparing for that but here also i work honestly. I got A band in the last 2 years, my lead is on notice period now they are making me lead ,i dont want that ( extra responsibilities with no extra money) but currently I am the only option for them.

like

Hello Fishes, I'm planning to join Deloitte india in the second week of November, I have got a designation of "Manager". I'm from a technical background (SF DevOps).

May I know what would be the roles and responsibilities with this designation? Am i supposed to be managing some team/people?? or work within some team on my particulars. Checked with the recruitment team but they seems to either not interested or not sure about the same.

YOE - 8.6
Location - Pune

appreciate your help.

like

Hi,
I have been working as accountant for past 10 years at a logistics company. I want to change my route and join different industries for better challenges and opportunities. How can I approach new firms with this single industry background.

like

Exit strategy: Where do people work after a career in Advertising or PR? Add examples of your past colleagues.

like

More Posts

Any IT compliance peeps over here can share what they do? Planning to move to industry

like

How is the GSAP tech allowance taxed? Bonus or income?

Are lounges truly worth it if you're not doing a serious long-haul trip? What about the difference between flying business and flying first class

like

I bought Boeing a couple weeks ago and now have a $650 short term loss. Should I sell and buy something else to harvest?

likehelpful

Refinanced my house last month and just got a $5k check for the property tax escrow balance from my old loan. My plan was to use that to put down on the new loan (new lender funded the property tax) but I’m wondering if I should just invest it? My rate interest rate is below 3%. Anything I am missing here? New to this process.

like
like

Has anyone interviewed for a Data Scientist position at Facebook and have any advice on the coding and product sense interview?

like

I had recently attended the interview at IQVIA for sql developer position, but when I received the offer letter the designation mentioned there is "Software engineer- technical operations 130'.

Just wanted to know if this is some kind of a production support role.

Can anyone please help me understand this?

TIA !

like

Why shouldn’t all countries ban TikTok for the damage they are doing while harvesting all Western data for the CCP to use against us?

US big tech also needs to addressed but China’s aspirations for world domination and a totalitarian control globally is far more of a threat

Google TikTok Amazon Facebook (Meta)

like

Does anyone have Skype for Business installed on their personal device to receive notifications?

Is anyone familiar with the El Gouna part of Egypt (near Hurghada)? If so, recommendations and thoughts?

like

How much does EY pay to ISB graduates?

like

Something to brighten your day 🤗
I was listening to a Mufti Menk lecture yesterday on this topic. Surah Nashra is also about burdens we bear. Within this Surah,Allah SWT speaks about how He is the one that granted the cure, purity, and strength after the backs were about to break. Allah SWT takes us to this point to refine us. We never know our capabilities until we are tested and challenged. This is when we realize we can do it and we can get through it 🫶🏻! IA you got this 🫶🏻!

Post Photo
likeuplifting

Anyone have a sample contract clause for a procurement situation where you want the vendor to take responsibility for acquiring third-party software licenses and pass the license rights through to your client as part of the end deliverable?

like

Is it a viable business opportunity for a mid level patent litigation associate to leave BigLaw and consult? Service could include pre-litigation diligence (e.g., pre-litigation infringement analysis) for funding companies and law firms, overflow work, consulting for patent prosecution firms that take on ipr or litigation work, litigation consulting for tech companies that don’t have in-house counsel. Cross posting this in the BigLaw bowl.

like

A little late here, but any suggestions/recommendations or watch outs for an automatic standing desk preferably with charging attachments? Looking to invest in a decent one around $2-300 !

like

Does anyone know what vaccinations are looking like? Where to get them and when they’ll be available?

like

Thoughts on this Grey Mother of Pearl Vintage Alhambra Pendant? Personally, I think it’s gorgeous. Really hope they release this in the Sweet size, as I prefer dainty jewellery.😍

Post Photo
like

Asked ChatGTP to name best consulting firms for software due diligence. It failed to name EYP, A&M :(

Post Photo
likefunny

Additional Posts in Accounting Exit Opportunities

HCOL audit SM looking to leave big 4. What should be my comp expectation?

like

Which is better for growth within industry? FP&A or controller route?

like

What’s going on FB friends,

I am contemplating a move to industry working at a VC, Tax Director role east coast. Looks like it will be primarily overseeing compliance with some aspect of advising on structures etc. There is another tax reporting head above me.

The potential comp is the low 200k with a 10% bonus (still higher than what I am making). I feel this is pretty low for VC standards but maybe my standards are also too high. I have generally seen 25% bonus with carry.

Any thoughts?

like

Literally all of my LinkedIn connections are recruiters lmao

likefunny

How hard is it to get into an investment bank for risk? Doing market risk related work (FRM)? And what kind of salary would you be looking at from entry to associate (senior) level ?

like

Tax Manager - what type of stuff can I exit to? I mostly has flow through entity experience and no income tax provision experience at a Top 15 firm. Been here 8 years and am a little nervous to even consider non public accounting because it’s all I know, but I want a less stressful work/life balance. Also I feel I’m overpaid and am afraid I’ll have to take a pay cut.

like

If anyone is looking for opportunities in NYC - I have an amazing and honest recruiter whom I can connect you with. DM me.

like

For those that work at big4, does maternity leave benefit only kick in if you’ve worked for the firm for at least a year? Or does it apply immediately?

like

Possible to pass BEC in two weeks?

like

take job with long commute or stay at b4?

like

What are the most boring jobs out there?

like

Has anyone actually gone through with accepting an offer from the Siegfried Group? I hear from a recruiter representing them probably once a week. How is it?

like

Hit me up if you want me to refer you for a pwc role 🙏🏻🙏🏻🙏🏻🙏🏻

likefunny

What does the Tax Reporting & Strategy Deals team at PwC do? Do they have busy seasons or all year round busy? What’s the pay like compared to other tax specialties such as general compliance or M&A? Thanks in advance.

like

What’s the best way to pivot into data analytics role from accounting/reporting background?

Additionally; what’s the best way to do it from the managerial level (I.e. currently FR Manager).

likefunny

Should you discuss salary range with an internal company recruiter prior to setting up an interview? With external recruiters it’s pretty easy to talk about the expected range. I am trying to avoid wasting all of our time if i get to the last interview and they are expecting a salary that is too low for me.

like

Thoughts on going from a national firm to a smaller one with ~200 employees and $65M in revenue? I’m a first year tax manager and can get a 33% raise by going to this firm.

like

Anyone make a cross country move as part of a job switch during covid? Wondering if the company expects you to be moved/have a date planned in mind if you aren't already living in the area

like

Anyone move from big4 tax to private equity tax? What’s your experience been like?

likesmarthelpful

Accounting advisory big4 or IA at F100. Both senior roles. Roughly same base pay.

Big4 has clear trajectory and interesting work.

F100 has 14% bonus, perm remote, and immediate vesting 401k over 7%.

What would you take?

like

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