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People who have a tax manager role in industry, how do you like your day to day? Is it what you thought it’d be when you left public accounting?

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Left a few months ago. I’m not sure if my experience might be different because of Covid and things being thrown out of wack. I definitely work a lot less. Most days I don’t have enough work to fill the day which is good and bad. It becomes really boring and makes the days seem a lot longer. I am also dealing with a lot of indirect tax which I knew I would do just didn’t realize how much I would not like it. My team is not that technical, that goes for people below and above me. I am surprised at the things they don’t know or have not dealt with, even the VP. Even though I am a manager I am the first review on everything because our seniors are essentially associates. We don’t have associates. I am also preparing a lot of things my self including WPs and returns. I have to be a lot more in the details. Even though I am the first review I am also the last review on those same items. People above me don’t really review my work. The culture is very different than public which again is good and bad. There is no sense of urgency when trying to get work done and everyone takes their sweet time to get things done. Coming from Public this is a big adjustment. I don’t think everything needs to be a fire drill but please have a sense of urgency when getting things done. The team is not as close. Very little communication. I am evaluating things and trying to find out if it’s Covid, the company or if this is how industry is before I make a decision on whether to stay, try a different company or go back to public.

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I completely agree with this. It’s definitely different “on the other side”. I’m enjoying it though, because I’m gaining experience and knowledge I would have never had if I didn’t make the change. I have days where I miss public accounting, and other days where I love what I’m doing because I have some downtime. Not sure ultimately where I will land in the future, but right now I’m going to soak up all the experience I can until it no longer works for me.

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Keep in mind that the Big 4 are just *4* employers who largely mimic each other. Tax Manager jobs within the Big 4 are relatively similar. What we call “Industry” is really the rest of the zillion companies in the world, so everyone’s experience will be different. I worked more hours in “industry” than I do at EY. It entirely depends on the company and its management.

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Been about a year. Hours are amazing. Flexibility is amazing. There are some new issues that come up but I could see the cyclical nature of in house becoming more boring and routine over time. I do a ton of prep work and tedious work. Overall this has been better so far, but both sides have their pros and cons.

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