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Additional Posts in Accounting Exit Opportunities
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SALT kind of pigeon holes you. Your best bet at leaving SALT is to private industry in an area where there is a need for state tax compliance. Law firms are a great example but law firm tax department jobs are quite difficult to find
For asset management roles per se, you have a SHOT at getting one with a SALT background, but it wouldn’t be easy to lateral in at the same level. Like if you stayed in SALT for 5 years and were able to make manager in year 5, it would be very difficult to lateral in to an asset manager role at manager without having that specific background.
Honestly if I could do it all again I’d probably avoid SALT if I could, just knowing how difficult it is to exit. It’s worked out for me, but I probably wouldn’t advise others to go into SALT
There are SO many asset management or financial services roles open…why would you go salt instead of fed if your goal is to exit to asset management? I think it would be very had to exit to an industry role with only a salt background. The person who held my role before he came from ITS and even that didn’t give them the breadth needed to be really successful in a tax director spot.