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I left public 9 months ago for external reporting. I do SEC and FERC reporting on a quarterly basis. I work at F500 power and utilities company.
I don’t do GL accounting and am not involved in close which is nice. But have heard people doing SEC reporting at smaller orgs getting pulled into close/GL accounting. But not as likely at a larger organization. It is definitely cyclical on a quarterly basis, but it’s nice to not have the close grind on a monthly basis. It’s a very good transition out of audit. If you worked on SEC clients in public, you won’t have any issues at all in transition.
Pro: don't need to deal with GL
Con: more stressful than avg accountant during 10q/10k filing
So the audit rotation stays implanted in the minds of industry managers too. Just can’t win can you
I think if you are not going to go into FP&A, Internal Audit, IT, Risk, or another subset not GL, its a good choice. quarterly/annually you will probably be expected to live at work.
Does FP&A deal with month end close?
Yes. Even proper FP&A jobs (some are just accountants labeled differently) deal with certain JEs. Much of your job revolves around reporting on month-end and quarter-end results. However, I don't feel like an accountant, so that's nice at times.