Moving from Tax to Corporate Auditor at F500?

Hello all,

Just wanted to get thoughts on moving from a tax position to corporate auditor position at a F500 company.

Background on me: 1.9 Experience in tax, CPA, dislike public accounting environment and tax work in general

Background on position: internal auditor position with opportunity of advancement/internal transfer, headquartered in my city, good WLB and gave me a 5% raise from previous salary

Any advice would be appreciated!

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

A 5% raise is pitiful. You deserve better.

Also internal audit is probably the only accounting job more boring than tax. Worst job I ever had. Just make sure you are okay with that. The opportunities for internal transfer may or may not exist, but be aware that is what they tell everyone in IA. "Join this job, you might be able to leave it" is not a great selling point imo.

like

I second this. I jumped from big4 tax to IA after 2 years and absolutely hated it. SOX testing tucked my soul out and I ended up quitting in less than 1 year. Waste of my education, cpa, and pain at big4.

No way I would jump for a 5% raise. Within a year you would likely be making more at your current job

like

Don't listen to the people complaining about a 5% jump. You have less than 2 years of experience. You are still entry-level with little value in the industry. If you were offered more, it's because you got lucky.

If you don't care for money long-term, do whatever you want. If you do, stay in PA longer. You mentioned the company having good advancement opportunities, they don't. Generally, In-house is more likely to hire-in than promote organically.

Those who thrive outside of PA in traditional accounting roles (i.e. tax or audit) are of the minority. These people are either lucky or exceptional at their job. I'm not trying to say you're not exceptional, but to make life changing decisions under the assumption that you are is very irresponsible. So I re-emphasize: if career success is your goal, grind longer in PA.

The thing is, do you want to get out of tax? The longer you stay, the harder it is. If you see this as an opp to pivot out of tax and try something diff, then probably not a bad idea.

like

Why wont kpmg let you transfer??

Related Posts

Hello Are they any other HR licenses that are as valuable as the SHRM and HRCI ?

like

Hi fishes, Had discussion with TCS HR and he told he need to take approval for 21.5LPA as my current CTC is already on an higher level, My YOE is 7+ now , Will they offer me 21.5 lpa? Does the approval take place in TCS or just HR is ghosting me ?

like

I am currently located in Germany.I have a valid work permit- blue card for Germany.I am planning to move from CGI India to CGI Germany. May I know how much package (in Euros) I can ask for CGI Germany , 7 years of experience in Java, Spring Boot, Microservices,Kafka,Elastic Search and Camunda BPM (niche skills).

Can I renegotiate the salary in hcl tech I am getting 2L more in another company( fixed) . What is the probability of increment of salary.
Position :senior tech least
Yoe:6.5
Salary now:17fixed

like

Which companies generally recruit for Healthcare consultants and what kind of skillset they look for, now a days?

like

Hi fishes,
Could someone explain me what does this career level AM means in Consultant designation.
Thanks. Deloitte India

Post Photo
like

Hi Fishes,
I have total 2 years of experience as a ServiceNow Developer. I am planning to switch from Accenture to other organization but I am not sure which offer should I take?

Infosys Or Wipro - having the same offer around 12 lpa

Which of the above organization will be a better for learning and growing opportunity as a ServiceNow Developer? Which one of the above is better?

like

Focus on you. It's mentally draining having to think about what others think of you or if they even like you.

Focus on your growth, and the rest will follow.

Post Photo
like

I am thinking for second switch ,How much Hike I can expect??

like

MasterCard offering - Level 6 at YOE 11.
1. What % of the variable one gets in a year? Is it 100% as they mention in the offer letter or less? Does it depend on performance ratings?
2. Is Level 6 okay/good/appropriate for 11 YOE?
3. Which month is the appraised salary effective from?

Hi Fishes,

I recently got an offer for Cyber security advisory at
PwC India . They gave a 20% hike on the current amount. Thing is that l, the technical interview told me that it is not a software/coding type of position and asked me multiple times if I was interested to do that. Is that a red flag?

like

Which IT company in India offers highest salary for Project Managers?
Total IT experience of 56 months (PM experience 22 months)

Anyone else feel like work/billable hours gets in their way of taking care of their life? Hate having to choose between working to keep up with billables and taking care of my life whether that's the gym or whatever else. Feel like I never have enough time for both.

like
like

From where to learn Angular?
Any good course for beginners. I am.alraedy working as .Net Backend. Plz suggest.

If you want to move up and because a CTE Director (or other CTE positions), are there any prerequisites to make that transition?

like

Hello Everyone!

I am an ETL Developer with 9+ YOE. I have job offers from the below companies with almost same compensation. Can you suggest which is a good option to join if job security and work life balance is of priority?

1. Luxoft India LLP (A DXC acquired company)
2. HCL Technologies
3. Legato Health Technologies
4. Cognizant Technology Solutions

Looking forward for your feedback and suggestions.

Thank you in advance.

like

How difficult is it to transition into banking when your experience in mainly from Fortune 500 businesses like FP&A?

like

Hi all. . . .
I am thinking of switching to a different company I wanted to know what can I say about the salary expectations. Currently i am a tax associate 2.

like

What industries is the CFE certification used for? How does it compare to CPA in the length of the material and difficulty? Do most firms pay for It?

like

More Posts

Have a shoot next week that’s coinciding with a blizzard. I’ve yet to deal with Mother Nature interfering with a shoot... any tips / tricks for preventing this from turning into an utter shitshow?

Has anyone relocated their pet from India to australia

like

Hi Folks, I have recently joined Thoughtworks as applicable developer consultant. Currently I am having 2.7 year of experience. Just curious to know following information 1. Hike cycle and average hike percentage 2. Criteria for promotion to senior consultant 3. Average Hike percentage during promotion

Thank in advance for the reply ☺️

likeuplifting

Is tonight a good night to go out (Friday of Memorial Day weekend) or is it going to be dead? Trying to strategize

like

Why do Managers keep silent even though there is Injustice in the Projects?

1.There was a Junior who used to work in my project for 14 to 15 hours.

Team leader and senior used to work for one hour.

2.There was a psychopath team leader who used to fight with everyone and bring conflicts.

No Manager used to tell them anything - And try to Harmonize ,is the IT management like that everywhere?

How can employees trust the organization's?

like

Is Kellogg brand equally recognized in the business world as MIT? Or does MIT have the upper hand?

KINDLY HELP!! 🙏🏻
Hello Amex Fishes, I have an offer from Amex. If I get a better offer from other companies, Can I re-negotiate here at Amex? ( I have received and accepted the OL, accepted LOI 2 weeks back, and BGV has also started)

like

What is the pay-scale of SDE-7 role In Mastercard ? YOE: 7, TechStack: Java + Micro services + Angular. HR has verbally said they may offer 28fixed + 10% variable. I already hold an offer of 33LPA from another company. Does variable and bonus get paid 100% annually? Tentative DOJ: 14th Nov

Thoughts on being a chindi chor to save $500k and go through the EB-5 route?

like

Anyone have good resources (online or book) to learn about the finance function?

like

Any layoff expected in bny ?

like

Hello.I have 2 years of experience in java support and little experience in java microservices development as well any openings please let me knw. Preferred work location is bangalore ready to work in java support and night shift role as well with good salary package..
Thanks in advance..

How much % raise they usually offer for the one getting promoted from 601 —> 602?

Also, how much % raise one can ask for?

like

What sort of opportunities are available in Canadian government for commercial insurance professionals?

like

Currently in ibanking as an associate and want to see if I can make the move to PE. Is the CAIA viewed favorably at all?

like

If anyone has turnip prices over 200 bells and would be willing to drop a dodo code, I would tip handsomely!

like

I applied to Microsoft and a recruiter reached out saying I’m being moved forward. I was asked to fill out a written questionnaire, which I submitted about a month ago. I’ve heard nothing since. My status online still says in review. Is it time to give up hope on this one?

like

Week be looking good 🥹

Post Photo
funnylike
like

What’s the going rate for an Account Director in NYC? My current company doesn’t pay enough and want to know what’s acceptable to ask for in the interviewing process (within reason)?

Additional Posts in Accounting

Got an offer from RSM transaction services, senior associate. Should I take it and leave PwC audit senior associate role?

like

I’m in real estate tax group and looking for good books about RE fund/investments/accounting during non busy season. Any recommendations? Thanks!

me and other associates when noticing all working papers been reviewed within 10 mins ✅

Post Photo
likefunny

Just found out my manager is not a CPA. I look down on him now.

likefunnyupliftingsmart

PwC ppl, have you seen the cringey video from Elevate that's making the rounds on internet? Found on Reddit, link in comments

like

There's a ton of self help and leadership books out there to help people in their careers. If there was one that was written front the lense of a public accounting, would you read it?

likehelpful

So I'm not a top performer. Definitley not the smartest guy at big 4. But some of the questions I get from very experienced seniors are just so basic.

like

What kind of job do audit seniors typically leave for?

Deloitte’s TMC (tax management consulting). Can anyone give me feedback on working in this group? Is it really 80% travel? Deloitte

like

What % of your gross income do you all put into savings?? I have my 401k at 6% (or whatever the min to match is) and then immediate put about 20% straight to savings. Young, but worried for future!

like

I have one more thing that has to go out tonight and Outlook won't connect. Computer may be meeting my gun tonight

like

I’ve been in public accounting for about 6 years and I feel like I need a certification. The CPA is not happening. What would be the most valuable CIA , CFE , CMA of CISA?

like

2nd year tax staff, what is your current city and salary? Go!

like

Ladies, are gifts important to you?

like

Anyone want to sell me their CFE books ?

like

Has anyone done the CAIA credential? Care to explain your journey?:)

like

Can this week please just end?

likefunny

Does Deloitte require a specific clawback period for sign on bonuses? I’m hopefully expecting an offer tomorrow and wondering if I can negotiate down the clawback period.

like

How do you keep up with your CPE after you leave big4?

like

General accounting experience license versus license with authority to sign attest reports (California). Does this mean the attest license is only necessary if you want to stay in public accounting?

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