I'm currently a Tax Senior at EY. My goal is to ultimately become a Corporate Controller. That means I need financial accounting experience. Any tips or suggestions? Do you think it's possible to exit tax and get into a lateral Corporate Accounting position without starting over (as staff)? I was thinking to remain at EY until Manager then switch to Tax Manager at industry into a job that would consider cross training me. Is this realistic? How would you suggest I go about it?

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I’d recommend transitioning to audit and getting a few years under your belt which would make you a more plausible industry candidate. An industry tax manager role that cross trains is fairly unrealistic unless you work at a small shop wearing multiple hats. If your decided path is corporate controller then the next few moves you need to make should be non-tax.

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Assuming you are a high performer, I don’t see any concern with a lateral move. You know the basics - what an audit is, debits/credits, and have the basic technical skills. It will definitely be a challenge. Speak with your network first to determine how to make the change.

I would suggest that you make moves asap to get out of Tax even if it means starting over. The longer you stay in Tax, the harder it will be to get on the Corporate Controller path.

Think about the competition for the Corp Controller jobs. When a company sees your resume for the role compared to someone who has core Accounting experience, they will prefer the other candidate. Your Tax experience combined with Non-Tax experience will give you an edge though.

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What kind of tax do you do

I think you can try applying for industry senior accountants roles. I also worked in corporate tax and I’ve had offers for senior GL accountant roles. You just need to emphasize your experience on auditing procedures and FS disclosure

If you want to be an accounting specialty Controller, transfer to audit if you like tax compliance or transfer to accounting advisory if you like tax consulting (reading tax codes and applying them based on client’s info). If you want to be a finance specialty Controller, transfer to financial due diligence. If EY won’t let you transfer in as a first year Senior Associate, apply at other firms.

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