I spoke to a recruiter recently who said that leaving as a SM in Audit (only PA experience) makes it hard to find a job. Has this been your experience? Curious to know if it means to get out earlier and get industry experience (if not wanting to be on partner track)?

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100% agree. If you ever want to leave for industry, manager and below is the time to do it.

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I general, yes it is harder, but let’s be honest when looking for jobs in accounting with almost 0% unemployment, being harder is still ver attainable.

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It’s true ideal time is 3-5 years

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My former manager left as an SM and easily go into assistant controller role at a fund. I don’t think it limits your opportunities.

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Same with seniors

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Recruiters aren't always honest but this one is telling you the truth here

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Might be best to leave relatively early or relatively late. I left in my Director years for CAO. Maybe SM is just an awkward spot -overqualified for some roles, underqualified for others.

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I’d say it 100% depends what you want to do. I did this (9 years) - I got all the interviews for the technical accounting roles / SEC reporting. The top tier jobs for those roles want people with minimum SM experience and you have a much quicker pathway to leadership. The problem was, I wanted to do something different and pivot a bit. That’s where it was tough - if you want to be an assistant controller, do FP&A, finance transformation, etc. you’re going to be better having industry experience first and people are more willing to take that chance when you have 3-6 years experience before they start thinking you’re overqualified. With that being said, I was lucky enough to find a company that was looking for a person from PA to do FP&A and have now transitioned into an M&A integration accounting role and couldn’t be happier.

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Depends on you industry specialization, your age, your geographic location, your network, and if your partners will help place you. I tried and ended up staying in public. Happy to jump on a call and share my experience. DM me!

Better to leave as manager but I left as SM and was fine

Yes. Around 90% I’ve received have salaries lower than my current salary.

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