Is the grass greener in industry? Absolutely burned out in public accounting

likesmarthelpful
Posting as :
works at
You are currently posting as works at

I write this knowing everyone's experience is different, and I also don't know what area you're in...so, note this...but, when you go industry it's a very different pull that one feels. What I mean is, in industry, your clients become the entire company, and not everyone (in finance/accounting/treasury/company wide/ whatever the dept.) understands the demands of your department. While your statutory demands might remain similar to what you're used to, the company wide/client demands will vary greatly. It honestly depends on the competency of the department/the comapny you're working for (which may change over time). I've worked with great leaders in industry and some really abysmal ones. If there are any specific questions you might have, happy to share my personal experience (started big 4, did a couple years at another public, went to industry for several years, came back to public - timeline not reflective of my public/industry experience, just the way life worked). Bottom line, work is work, and the grass is only greener if you find a place that makes you happy. Find your best green space!

like

Yes!! Take the time to find a good fit, and it will be worth it. I switched out of PA 6 months ago and it's been wonderful. I got a big raise and never work more than 40 hours per week

likefunny

How big?

like

"It depends"

like

it depends what you want. tbh i’m kind of annoyed that the culture is too laid back.

i actually prefer a culture where people strive to be high performers

like

i like to be productive. i don’t like putting in effort when my team doesn’t

in order to scale your career in accounting, you need to grow a team

It absolutely is for me! I was in PA audit at Deloitte, 6 years. I left a year ago and am so happy! I got a big bump in salary, my co workers are all so nice, remote work, and I never work more than 40 hours a week. And no crazy performance reviews like I experience in PA. A lot less stressful and great WLB.

The only thing is - the raises aren’t as good in industry but to me, I have a comfortable salary and am ok with that. The WLB is well worth it to me.

like

Hiring? Sounds like you found a wonderful place to take your career!

like

Not only greener but better pay and no “work until you drop dead from exhaustion “ ethos.

likesmartfunny

I've spent my entire career in manufacturing, most of that in Plant or Division Controller roles. Personally, I don't understand how auditors survive without going nuts. The main difference I see is that I am far more engaged in driving business operations, advising management "inside the tent" with a full awareness of everything that is going on within my org. As an auditor, you would never get to this level of knowledge, things tend to be packaged in neat bundles to prove compliance. It's the difference between making hot dogs and eating hot dogs. One of those folks knows what is in the sausage. As to pressures, it can be difficult in industry. Many companies like to push "accountability" to stupid lengths, so finance can find itself being accountable for poor financial results of a unit. This can be a major issue if you have a poor management team who is adept at deflecting blame. So getting with the right company and culture is critical. But when you have the right organization, you can help drive results, mentor peers in operations, and do more than just foot subledgers.

like

What are you looking for? I regretted it within 6 months but hung on for 2 years before coming back to big 4. There are pros/cons either way, only you know what really matters to you

like

It’s a dice roll for sure

like

No.

like

Yes

The expectations put upon you are high in PA. If you.meet them you will get promoted on a regular schedule. PA is generally an “up or out” model.

The expectations may not be as high in industry, atleast at an individual contributor level. To climb the ladder in industry you often need to have much higher expectations of yourself than the organization has of you.

like

Maybe, maybe not

I am agree for this job

Just don’t go Governmental 😬…..

Related Posts

I was a software engineering consultant and moved to industry last year. To keep things short, I can’t see long term growth for my career and exploring options to be proactive.

My friend just offered to refer me to Twilio “when I’m ready”. When would be a safe time to make the jump? 1/3 of stocks vest in a yr. All vest jn 4 years ($180K). Base: $205K

10 yoe w/ avg 3-4 year tenure. Was at last job but left after 6 months. Current job for 2 months. I work best in a technical/mgmt hybrid role.

like

Has anyone moved into a non-legal role at a tech company after big law? Trying to figure out what else is out there if I do not want to go in house in a legal capacity.

like

Any book recommendations on change management?

like

Anyone with Jamf certificates ? Is there any scope and opportunity for one who completed this course...

like

In automotive domain which one should I prefer as per trending technology and future scope:
1. Autosar
2.Module based design ( MBD)

I work in hospitality right now as a young person without a degree. Are there good opportunities for a career if I move up? Or should I go for a degree and switch to something else?

like

I got an offer in industry! Feeling excited but at the same time very confused. It’s a good offer that I don’t want to pass up but also feel extremely bad leaving during busy season. Is a 3 week notice enough? Do I let this opportunity go and just hope something will line up down the road ? Thoughts ?

like

I want to make the switch to product development or management. I only have experience in a webte agency and would love to explore other roles and companies.

My interests lay with project and product management. Along with development

like

Any advice on how someone would move from DCM to PE?

like

How do you transition from big 4 consulting to big law? My clients are all funds, and I do international tax consulting. I have used my connections to refer me into probably 10 big law firms and it’s not working. One most recently came back and said they aren’t interested bc I have no law firm experience. How am I supposed to get it though? I can’t go to lower ranked firms bc my clients are all “big.” … any suggestions appreciated!

What has your experience been switching from on-premise solutions to SaaS software? Any regrets?

like

Besides i banking and typical strategy consulting ops, what else can a top 5-7 MBA provide someone? Currently in cyber risk but if I go for a top MBA id want to switch paths to more $$$

like

Working on getting CISSP right now; would love to hear any recommendations for study materials if anyone would be willing to share.

I've read the book, have the official prep questions, and about 7 YOE in cybersec but honestly had CCNA and Sec+ in the past and found passing to be more relative to how I'd studied to the test than doing the actual job...

Anyway, open and appreciative of any insight.

Note: Yes I'm in in marketing - career pivot.

like

PE or strategic clients? Thoughts on pros/cons and benefits to align career to one or the other

like

Hi everyone Kindly let me know which is the best out of these two
YOE: 11
HCL -- 32(includes everything)
Publicis Sapient -- 33
Heard lot of firing in PS and about WLB.
Need company which has better WLB, job security and growth

like

Hi everyone! In this field, when choosing a masters degree program is it more beneficial to get a degree in Human Resources to further my knowledge in HR (my undergraduate degree is in Economics) , an MBA, or Data Science Degree due to the fact that HR is becoming more data driven as well as get a PHR / SHRM-CP certification?

like
like

Cognizant Hi Everyone I want to do SAP FICO Certification Y.O.E-1.5. Can anyone suggest me which institute to join. Thanks in advance SAP

like

Hi Fishes!

I am currently working on SAP CPI,PIPO,CPI-DS (basically Integration as a whole) development (also attend Support issues regularly) with experience of around 1 year. My leads are quite happy with my works.

For career growth, what shall be my ideal path ahead?
1. Only concentrate on Integration
2. Continue Integration for some years, then switch to Functional modules (in this case, after how many years should I ideally switch)


And what shall be the ideal time to switch companies?

like

10 years sales experience selling eyewear to eye doctors. If I were to transition to tech would I have to start as a BDM? I think that would be a pay cut for me. Thanks

like

More Posts

Does anybody know anything about international secondment opportunities from KPMG India?

like

Just had year end discussion. Not at all happy with how it went

like

Can anyone help in understanding the difference between BOAC role and Strategy insights and planning associate role at ZS India ?

3rd cycle A here..... What are the chances for 4th cycle promotion?

Post Photo
likefunny

Hi guys,

Does anyone going to office in regular basis. I mean for India location. Is it mandatory to go to office?

like

Hey Guys,

need some help.

my DOJ & Notice period is conflicting by 5 days. None of the party agreeing to adjust.

New Employer (Oracle) mentioned that his budget will expire by May 31 so cloudn't shift the DOJ.

What should I do now ?

like

I have been a .Net backend dev for the past 6 years now with good enough exposure and experience in flutter and python. I was just wondering is it worth it to learn Xamarin now?
I recently read somewhere that even Microsoft has deprecated Xamarin.
Was just wondering if it would add an advantage to my learning and resume?

like

Any good recommendations on home (single family, 2-storeyed) security camera systems?

Anyone had the experience working in the US as a consultant? Apart from higher comp, do you feel there are more opportunities there?

like

How much can I expect from hexaware for 4 years and 8 months of experience in azure DevOps?

Current CTC 18.4

like

FIRE newbie here. Is it possible to reach FIRE with a special needs kid? Has someone done it? Are there any alternatives to fund therapies beside insurance?

like

What work/life event (if any) made you arrive to the conclusion “this is just a job”? How old were you? At what point in your career / How many years of tenure?
How did your attitude towards work and work-life balance change?
Have you ever revisited or regretted your conclusion? Why/why not?

like

Work sucks and I just wanna cuddle 🥺

like

Getting over heartbreak and having a full time job is torture lol. My boyfriend and I just broke up after almost a year of being together. It was such a beautiful relationship but ultimately he just didn’t love me. I love him so much. My mind knows that I deserve reciprocal love and I’m worthy, but I feel physically ill. My body hurts, my stomach is in knots, my head hurts. How is it that I have to mend a broken heart but also meet my billable hours lmao

like

Any advice on how to find new creative interns in NYC? We aren’t a big agency but we have some great opportunities!

likehelpful

Any good resources to prepare for technical accounting or SEC reporting interview? Thanks !

like

Guys please give likes to enable chat for me.

like

I’m looking to have my CV done professionally. Can anyone recommend any good professional cv writer?

like

Suggestions for good coffee in midtown? I don't care for the ambience, don't care if there's a little wait time. Just looking for good coffee. My current favorites are Cafe Grumpy and Blue Bottle.

like

Similar to the parking attendant question - how much are you tipping the doormen in your apartment buildings?

like

Additional Posts in Accounting

I might get a lot of shade for this but tbh I never understood the hype of big fours. I feel I would have just been a slave there. Why would anyone trade their time and time with family for slave hours and money that you could make having your own thing or somewhere else? Everybody sounds miserable at big fours. What’s ur take?

like

Anyone know what percentage of raise to expect from SC to M at Deloitte? Wondering if it’s worth getting hopes up?

like

I’m literally so miserable in industry. I have been at it a few years and it’s boring. My boss likes to act like every minor issue is a 10 when it’s a 3 and creates emergencies where there aren’t any.

like

Has anyone’s (pre covid) full time travel engagements said anything about what to expect in the coming months/year?

like

Is CMA worth getting after getting the CPA? Or is it better to get the CFA. Also don’t have much finance background so I don’t know if I can pass the CFA will require a lot of hard work. Interesting in hearing people’s thoughts.

I have no plans in leaving PA anytime soon but I figure maybe I should look into another certification that holds value and makes me more marketable compared to my peers. Appreciate any thoughts and advice.

- Also considering going to a t14 MBA in future.

like
likefunny

What would you choose and why? Core Tax, SALT, or International

Working with no budgets in any team. Partners indirectly encourage you to eat up hours. End of year it’ll hit my util even tho im 150% utilized. Getting sick of this nonsense.

likesmart

Hoping for help w/ studying. TRANSACTION CYCLES?? I see inconsistent lists online and in books: (Revenue, Purchasing, Inventory, Payroll) vs (Sales, Purchasing, Payroll, Financing) vs....

like

It's refreshing to see RBC's committment to no 2020 layoffs. Anyone know if any other banks are following suit?

like

Does anyone know the billable hours goal for managers at EY?

likehelpfulfunny

Has anyone on here ever taken an unpaid leave of absence?

like

Is it bad to be over-utilized? I just did the math and I could charge zero hours this week and take a 3 week vacation after and still be 100% utilized? Is that abnormal?

like

Which offer should I accept? Currently staff 2 at big 4 in Tax with CPA license. I want to leave tax ASAP. Both are public companies +1B in revenue and same salary. Offer 1 - staff revenue accountant so reading contracts, speaking with the sales team and legal team, a lot of work at the end of the months to close books and reconcile transactions to make sure we are ASC 606 compliant. This track usually leads to director of revenue. Offer 2 - internal audit staff so SOX and compliance projects.

likefunny

What's your ideal PTO? Activity and length of time off?

Anyone hear talks of layoffs in Advisory? I know my office is laying off Assurance and BTS (Tax) staff but haven't heard much of Advisory yet.

like

Is there something against doing back to back offers at PwC or any of the other big four? I have two accepted offers with PwC next summer and would love to do both if the dates don't overlap (internship and a Masters fellowship). I was told that even if the dates don't overlap when they are announced sometime next year, I may still not be able to do both because of reasons related to the firm?
If this is the case then I may have look for another internship that I can do before the fellowship.

like

What are some of the best/most unique fringe benefits some companies out there are offering?

like

If I'm forced to use my vacation, floater, etc. towards my study leave for CFE but I have vacation booked for right after CFE, will PwC still let me take that vacation as a "leave of absence"?

like

Anyone from EY-Parthenon, what does a typical senior consultant look like resume/experience wise? If I have audit and FDD experience as a Senior for 3 years (currently in FDD), a CPA, no MBA, is that enough to get in to EY-P? Or is the MBA basically required? What would I be missing? Thanks!

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal