Accounting

Thinking about leaving B4. Will be a senior 1 in tax come October. Been doing some thinking and can’t decide if being in tax long term is for me. Want to transition into finance role. Thinking about leaving to be a finance associate somewhere and wanted to get input as the career paths for these moves. Ultimately want to be a CFO I think. I know pay is variable but in northeast is it substantial? Worth foregoing the chance of being partner? Fear is not making it and then being pigeon holed.

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Was in your shoes amd left for a controller role somewhere small where I can be very operations focused. Working on getting vendor and leasing deals done on top of controller duties. Just finishing my first week today and its a huge breath of fresh air. Absolutely feels right on the path to finance director / cfo

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To Deloitte 1, I don't even understand how a senior much less a tax senior would be qualified to be a controller. You don't know gaap. Like you don't have experience with asc 606 or asc 842. Best of luck my friend

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Also would recommend checking out CFO or director linkedins to see their progression through different roles. Lots of backgrounds work, but a lot seem to have gone this route

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(you don’t have to have premium to hide yourself, you can go private view mode at any time, but you just won’t be able to see who’s snooping on you)

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Don’t want to leave for other accounting/tax jobs. Would only leave for finance roles.

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Feels like you'd be taking a step backwards to go from S1 to industry associate. I get you dont think tax is for you, but maybe consider a financial reporting role or something that could ease your transition to industry. Also remember - lots of people want to be a CFO and the titles/ladder in industry is slippery and full of broken rungs. Make sure your goal is realistic and you are willing to hop around to achieve it.

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Maybe it’s a step backwards but I think it would be a step in the right direction. Not sure how I’d get FR role when I don’t do FR or anything related now. If I stay in tax after 3 more years I’ll only have tax options most likely.

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Transfer to audit at EY and stay till at least manager, opportunities will be much greater than.

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Disagree. The higher up in big 4 you go, the fewer opportunities you will have. Industry is reluctant to hire people without industry/operations experience. Senior is the best time to jump.

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Had a client once who constantly nit picked bills and would obsess over every 0.1 hour we charged. We provided a substantial amount of value over the years and one day he snapped on me over billing. I apologized and offered to help him find another provider because he was obviously unhappy with our service. He immediately back-peddled and we never had another issue with him. Just have to know when to call clients out on their BS or call their bluff. That being said, talk to the engagement manager/partner before you respond/act.

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Hey RSM 2....just a heads up, I think you responded to the wrong thread 👍

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Partner/PA isn’t for everyone and that’s okay. I recently left Deloitte Tax after making staff 2 for a finance role in industry (F500). I didn’t see myself being in PA or tax long term. I was hired as their staff 2 even though I had 0 relevant exp lol so I guess I was quite lucky. No regrets so far and I’m much happier.

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