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Tata Consultancy I am a manager in Capgemini... have an offer frm TCS. the designation being offered is Assistant Consultant.. 9.8 years experience( 5 yrs with Cap) Even though I am getting a package of 25Lakhs.. it seems like a demotion in designation.. Cg has offered to match upto 23.5 lakhs.. Is it worth moving to TCS on this grade? My primary reason for moving out of Cg is i m bored of beauocracy and WLB at current project. Is it a good idea to still switch with the counter offer from Cg Capgemini Tata Consu
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The biggest advantage I would think is on public (as long as they’re Sox compliant) would be seeing a strong control environment. Knowing how a process runs from start to finish with the proper controls in place is key to accurate financial reporting. Learning how those processes are built is a huge advantage over those who have never seen it.
More generally, public clients tend to have more complex and diverse accounting issues than private ones, which gives you a more well rounded experience. I firmly believe that experience on a public client is essentially to truly understating how accounting in industry works
It depends on your overall goal. I made it to accounting manager in industry without a great deal of SOX exposure in my audit engagements. It only bit me a bit when trying to move up. A lot of controller jobs want some exposure to recent SOX and remediation of controls. It's possible to get that all under the belt while still in public. It's also possible to get to a controller job with a company that has no intention of IPO too, but then that's probably your last stop in your career as you'll have niched yourself out a bit.
That's probably the biggest thing I see in the career is that if you're not working for F500 for a long period of time in your career and you've been out of public a long time, you'll be considered of a lower caliber to recruiters and screeners it seems. I dealt with that a while before boomeranging.
It all depends on what you want in your career, but obviously the best and least career limiting option is to exclusively do public company audits. Granted, they'll always be more intense audits, but you'll want at least one public continuity client under your belt in your career bare minimum.