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What is this "Tax Tech" I keep hearing about?
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How long have you been in this career? I would agree early on it’s probably repetitive but I have found as I have progressed in my career although I may doing the same thing like an audit for a client - it can very in complexity and client demands. That’s what can make it stressful, difficult and/or challenging. I imagine the same in any accounting role
4 years, 3 years public, 1 year industry
At the end of the day, I do not feel much different from that. However, it really isn’t a bad thing for me. I get paid well for it and that is the saving grace. Do you feel like this is more of a company issue or the job itself? I have known people that are constant learners and always wanting to progress, some companies are better for that than others.
Go to an organization that touts a "growing company". Everything will be harder than it needs to be and nothing, even the menial tasks, will *feel* menial.
It's funny because it's true
Feel the same way, but you are getting a paycheck at the end. So puts food on the table.
I have to disagree. Maybe it’s because I’m a manager. The process to doing the work may be the same but I do not have ONE engagement that is the same. I wish I had basic repetitive menial task because maybe just maybe I wouldn’t be so burned out.
A1 he may be able to claim itacs and ipe. Also I am assuming he would get some credit for what he has. Also assuming the guy has a cpa that trumps just about any certification for audit.
What would you consider a useful skill? Surviving in the wilderness?
I was bored out of my mind in audit in public accounting. Then I went into corporate accounting and was even more bored in GL accounting teams. I jumped jobs every 2 years looking for the next opportunity that would both pay me and challenge me. I've been in my current position 8 years, the longest ever, and it's on the indirect tax side of the telecommunications industry, where the rules constantly change and evolve with technology and requires regular interpretation of new rules issued by the FCC. Federal requirements are completely different from state requirements and state requirements are different in nearly every state. There is not a day that goes by that I'm not challenged in some way(both good and bad). Call it fortuitous that I found the opportunity when I least expected it through a temp role with Robert Half, but today, I realize that my work needs for satisfaction really should have been on the tax side of public accounting, not the audit side. Try other areas of accounting and you might be surprised too. I build complex, meaningful workbooks all day to meet FCC audit requirements, and it's become a very cool challenge to interpret and implement in excel, alteryx, qlik, balance sheet recs, etc. My staff feel the same way mostly, and it shows in the lack of turnover in my group. Go look at the taxes on your phone bill. You will find anywhere from 5 to 10 taxes or surcharges that you will wonder what they even mean, what creates them, and how they are reported. It's a daily puzzle!
Do you want money or not? Who even does accounting for passion
I agree as far as repetitive tasks, but each year I notice that everything gets easier and I can see things from different perspective. I have a big team so there is always something I can teach someone and that is a fun part of the job seeing people grow and promote up. I also find new tasks to get involved in and get my skills up to par. Over the years I worked on my communication skills, mentoring, preparing training, managing the client better, anticipate problems, creating better processes. It is what you make of it. If I am bored at work for a period of time, I focus on another aspect of my life, like learning a new software, taking various classes or courses, even networking. Maybe it’s a good time to go back to school. Coursera/Intuit has good courses. I also communicate with my managers about what I need to be successful; they may not be able to help right away, but over time they usually try to accommodate.
I maintain a healthy lifestyle, walk or practice yoga/lifting weights at lunch. It’s all about being satisfied with the life as a whole. Than if something is not going well at work, that usually passes in a few months or isn’t as big of deal, if I can maintain healthy lifestyle, low drinking, and eating healthy. There will always be a lot of challenges thrown at us, but all those other tools make it easier to deal. I have been in tax/audit/accounting for 13 years. It truly is what you make of it.
I would like to share that we become bored because we chose a field for the wrong reasons. Mostly a lot of people go into a field that makes them money. If you chose the career of accounting that mix your skills into Information Technology, Forensics, Fraud, and so many others that are not repetitive but need our skills of accounting, the masters of numbers. The industry is huge you want excitement than chose an industry that can complement your skills. Teaching the young mind can also be rewarding.
So which career would you say or which job would you say to choose that has a mix of everything?
Tried to apply for jobs now that I did over my resume from scratch and indeed is saying too many sign ins when I try to apply now for a job..so many blocks all around whats next?
I think it’s all how you make it out to be. I personally, enjoy my work very much and use my brain often. We use a software that is very robust and not accountant friendly which has forced me to learn SQL. I also keep teaching myself new useful tools in Excel & will often google how can I do i accomplish blank. I want to make my life as easy as possible.
That is a good question which industry - I chose the non-profit industry for 21 years and made search before I excepted role the organization had diversity, and it did. I expanded to Client Services, IT, Manufacturing, Property Management. Since then I have retired from non profit and expanded myself providing services in Fraud and Forensics. It is not always about money, it is more about doing an field you enjoy, which you will excel and make the money you deserve and earned. You have become the master of your field due to enjoying what you do rather than complaining and immobilizing your own growth. My recommendation is do your research on the company before you accept the role. Make sure this company will satisfy your needs of diversity.