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Coach
You get paid more in tax but at the cost of exit opps imo
Does that surprise you? Tax backgrounds aren't valued outside of tax, unfortunately.
Understandable! But I'm applying for an associate role to start from the bottom and surprised that I can't even knock on the door!
Don’t let that stop you. I came from a tax background and now I’m in FP&A. Anything is possible! I went into a CMAAS equivalent practice at another B4 from Tax. Not saying it was an easy transition but definitely doable!
It’s different haha. I loved transaction work at B4 but my hours were ridiculous. I didn’t want to miss out in my daughter’s life so I exited to industry. I know many people that successfully transitioned from tax (since I started in tax and know many other folks there). They are everywhere now - consulting, technology, finance, banking, financial reporting. Not necessarily straight from tax but you will make it there! Feel free to DM me if you want to chat more
Well I know someone who went from tax to finance transformation so it’s definitely possible. Keep trying at other firms!
Yes, we reject a lot of people with tax backgrounds. Other b4 are more open to it
Coach
This is exactly why I chose audit over tax. Once tax, always tax