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I did. I can confidently say I was better than most everyone in my start class but I don’t care how naturally good you are: another year of experience is invaluable.
Leading walkthrough meetings and doing entire processes while never even having done controls in the past was about the end of me. I basically had to work about 20% more than the other seniors on my job to keep pace since everything was new.
The biggest way I did it was essentially taking over sections in busy season and in-charging another job that lost a senior. We were slammed on my first job and two areas I finally just had a “trust me, I got this” moment with the seniors. They trusted me, I didn’t do SALY, even kept a spreadsheet for future improvements in the areas, and got to be known as the tech/Excel guy.
Also, in my self reviews I basically forced my managers in the reviews to directly say I was ready for senior or not. For example I would say “took the senior role in a control and substantive section of a large public job. By doing so, showing I can handle senior responsibilities as a first year” - so my manager would basically have to say I could handle them or couldn’t. Documented when performance/promotion time came.
It was a risky move so I wouldn’t recommend that to most though.
Edit: started in Oct the year before and promoted the next July (so effectively 9 months)
They still wouldn’t understand the root cause of people leaving.
I made it in a year and a half exactly. Your work product needs to be excellent and free of error, you need ridiculous utilization on clients/projects that are important and highly profitable, and you need to mentor/utilize interns or new joiners. You also need a strong and well respected partner or two to be behind you. Also, talk about your expectations early and make people tell you what it would take. Demonstrate all of those qualities and exceed the expectations and it MIGHT happen.
It really takes a lot of things happening that you can’t control. You need a lot of experience and varied experience. You need to basically be coaching people under and around you to be better from the get-go. You have to basically give your senior the opportunity to be a manager. You can’t control most of that.
Even if you succeed, you will be compared to other new seniors next year. That means you may be the bottom of the class and that could mean PIP.
Why wld u want to do it ? Its a v long career.. tke ur time
M mpmqo
I’ve seen comments here that say handing in error free work. Of course, that’s great, but I disagree. You need to hand in excellent work, with little errors, demonstrate good technical understanding and knowledge and also from an emotional maturity standpoint show that you’re ready. Everyone makes errors. Whether you’re senior or partner, so I think there’s much more to it than that.
I had a few friends who got promoted after 1 year, but it usually was a scenario where they started in summer and were promoted the following Oct (so they had a few extra months over a year).
I've never heard of this happening. Early promo to manager though, sure.
Are you attorney? If so def can make senior within 1 yr
JDs can! they come into the firm as staff 2 straight from college, so you are getting to senior 1 in 1 year! but idk about CPAs...
There was a guy in my start class in a different office who was promoted to senior after one year. Banked his bonus - then left about a month later. Life comes at you fast.
Oh it’s possible 😉
I made senior in 6 months after landing 2 big tenders. Unfortunately it’s how you dress and speak, if you know how to sell yourself and the services your firm offers you’ll make it in no time.
I think it depends. I just went from Staff to Senior in my 9 months of being with the firm but I'm not in accounting. I'm in a specialized data analytics practice that works with Assurance and in my team technical skills are probably more important than in Audit (where leadership might be more valuable). This is because we end up supporting a lot of assurance employees for engagements so interaction with client is somewhat 1 degree away. I have a background in Computer science and I have interned and also worked with tech companies in the past. So it made sense for me to be "accelerated" because I know how to work with the newest technologies in the tech industry that even managers on my team don't. Not sure if this helps since my practice is extremely specialized. But let me know if you have any questions.
Cheers
Not in audit and if so only because they were lateral hires.
I would honestly think it a disservice to that person.