Would you leave as a tax manager for a controller role at a smaller privately held company where you’d focus on internal controls, process improvement, and ad-hoc work? I haven’t gotten my raise yet at my firm but compared to my current comp it’s about a 20% increase. I also know the CFO. They claim it’ll set me up to get out of tax and also for future roles.

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Yes! I’m leaving for around 15% but for an opportunity that would be a great stepping stone. Getting out of tax is my dream! Take the opportunity and run with it!

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If you want to eventually get out of public accounting that’s a pretty good starting point. If you aren’t sure you want to leave, I’d consider sticking it out a couple more years to see if you want to make a career or PA as those sorts of openings will always be available.

It can also go the opposite way, as PA will always opportunities available. Easy to sell - I wanted to try being a controller. I hated it. Now I’m back at PA.

I would say if it is something that interest you and you are able to learn from it then I would do it. You can always come back to PA.

One thing I’ve noticed with colleagues who left for privately held positions is that they sometimes go years without a raise. I would try to solidify what range annual raises fall in before making the decision. I think it’s a good opportunity to get out of tax, but just make sure they aren’t thinking you would stay in that position for several years before any opportunity for advancement while getting little if any raises.

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