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Financial reporting all the way. GL is repetitive BS work.
I have personally done both. I am currently a GL accountant and would have to agree that GL is more repetitive. Financial reporting provided more insight into the business and more career opportunities.
On the flip side, practically every company needs a GL accountant and not every company has a separate fp&a function. So I would say mobility is higher as gl accountant.
On the flip flip side, it’s pretty easy to leverage your fp&a experience into a GL accounting role if you needed to. Not as easy the other way around. I worked for years in industry as an AP Clerk —> bookkeeper —> GL accountant —> Senior accountant, before moving to public accounting. One of the lessons I learned along the way was that, in industry, you’re much more valuable if you’re the one that tells the boss how she should spend her money to make even more money. You’re not quite as value if you’re the one that just counts and keeps track of the money she already has. So if you’re looking for opportunity within the field, pick the one that lets you be part of the process, must just documenting the process. Particularly in industry where we are the cost centers.