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    Tuesday, May 4, 2021

    Accounting One day, you'll be the senior. Pay attention younglings.

    Accounting One day, you'll be the senior. Pay attention younglings.


    One day, you'll be the senior. Pay attention younglings.

    Posted: 04 May 2021 05:31 AM PDT

    I saw this and it made me think of this subreddit. :)

    Posted: 04 May 2021 12:18 PM PDT

    Just wanna say I'm sad because the senior on a stressful busy season client I was on quit

    Posted: 04 May 2021 07:41 PM PDT

    Busy season felt like some sort of traumatic event and I kind of grew attached to the senior and staff 2s through our shared trauma and now the senior left. I don't blame them at all, they really took all the blows and heat from EVERYONE. I think half my stress was thinking about how they're managing to work even longer than I was, without a day off, and handle all this shit. Really smart person and made the experience not as painful as it could have been had they not been there. I would've gotten them a gift if we were in office. And it was kind of jarring since it was so sudden but at the same time I guess I should've seen it coming. Now I'm stressing for next busy season without them (yes, a year in advance).

    Damn I'll miss them but just wanted to vent cuz no one in my life else gets it :(

    Pouring one out for all the good seniors out there.

    submitted by /u/lowlyaccountant122
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    Dating someone at another Office

    Posted: 04 May 2021 04:02 PM PDT

    I have a crush on someone at the manager/senior manager level. This person works out of a different office than the one I am in. Was wondering if would I be allowed to date them without any sort of repercussions or would it still not be allowed.

    I'm an associate and they are a manager/senior manager

    Edit: you know what's upsetting? Some of these firms have some seriously hot employees, so I can look but I can't touch?

    submitted by /u/tsktsktsk1231
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    Is it wrong that I’m unmotivated?

    Posted: 04 May 2021 02:16 PM PDT

    I'm worried I've burnt out permanently. Niche tax in public, but I landed a gig doing internal audit in industry because I hate tax.

    I just don't care anymore. It's my last week and I barely am doing any work. Beyond that, I was here for 3-4 years and I don't think I'll miss it at all. The people, anything.

    I'm worried I'll be unmotivated at my new job and that I won't succeed.

    submitted by /u/Various_Cable7713
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    What’s everyone’s new wfh policy looking like?

    Posted: 04 May 2021 12:11 PM PDT

    Excel Master ...

    Posted: 04 May 2021 07:17 PM PDT

    whats it like to work in a small firm?

    Posted: 04 May 2021 03:49 PM PDT

    i have been thinking about going back to school and getting a CPA licensed , then go small firm, like doing personal income taxes or small business taxes. i dont want to do big 4 or corporate. Has anyone followed this career path? what is it like?

    submitted by /u/b1gb0n312
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    just got fired, advice appreciated

    Posted: 04 May 2021 04:46 AM PDT

    Hi y'alls, I just got fired from my accounting firm and need advice;

    I'll keep it short - I've been there a year, got let go for performance reasons, and due to stress for trying to perform better and keeping up with the job, I haven't been studying effectively for my CPA at all.

    Kind of at a loss at what to do, I know I need to find a job fast, but I don't even have my CPA yet... I don't even know if I can even get anything out there. I was only there a year but got into accounting late start in life (personal & fam obligations) - I'm 27 now. I know to some, that is still young, but I feel behind, almost 30 and not where I want to be.

    I definitely still want to get my CPA designation as soon as possible, and maybe going industry until I get that certification may be my best option (thinking of the 'less' and more predictable work hours will let me structure studying better)

    So I've got a couple of questions for ya fam:

    1. I felt like I really did work my butt off this busy season, I even stayed up nights to review over my workpapers, but still got review points, -- maybe I'm just too stupid for this work? maybe just studying for the CPA better might have helped me?

    2. Would it be best to go through a recuiter right now? - I want to get a job fast (billz n stuff), I have
      money saved up, but I also help my parents out some (any recruiter advice? Best recruiter
      company to go through or avoid? robert half?, etc.?)

    3. What do I even tell prospective employers? (and recruiter?)

    TIA

    submitted by /u/Silent_Astronaut_588
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    PSA to all public accountants curious about industry

    Posted: 04 May 2021 01:37 PM PDT

    Every day I see posts asking if industry is "x" or "y" and I think what you need to know is that it's wildly dependent as there is a multitude of roles opposed to public firm setups which vary mildly but are more or less structured the same. The same title can pay double at one place as at another, the same title can work twice as much as another. The best way to approach looking for roles in my experience is to apply to a ton and then find out those details your curious about in the interview process.

    submitted by /u/NeonPerplexion
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    Doge vs Accounting

    Posted: 04 May 2021 08:25 PM PDT

    Late night thoughts . Anyone else feel depressed because they are stuck doing Accounting work with all the titles in the world , while your high school classmates who didn't even pass high school are banking with the rise of doge. FML

    submitted by /u/quique12161
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    KPMG Executive Look

    Posted: 04 May 2021 04:27 PM PDT

    Did anyone hear back after interviewing for Executive Look? If you did, did it come with an offer for an internship/co-op?

    submitted by /u/lasanganoodle
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    Pay increase for promotion to senior

    Posted: 04 May 2021 05:08 PM PDT

    I'm up for promotion to senior associate. I started with the firm in October 2019 and began in charging January 2021 on all my busy season engagements. I feel like that is pretty early to start in charging so much, but with turnover high and lack of recurring staff on the audits, it was necessary. Not everyone at my level has that same experience though. Some are just now starting there first in charge job as we head out of busy season. Point is, I've put in a lot of work that isn't typically expected of someone at my level (at least I don't think it is?) and I was wondering if the pay increase from staff to senior is a decent increase? Or am I just doing more work than my peers for the same pay?

    submitted by /u/EfficientTap7493
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    I don’t want to be a CPA

    Posted: 04 May 2021 01:58 PM PDT

    As the title says, I don't wanna be a CPA. I graduate next semester with 126 credits and I don't have the money to even go back to school for 150. However I've been interning doing corporate accounting and quite frankly it's the only thing I wanna do. Maybe be a controller or something. Is that frowned upon? I keep getting pressure from my professors to go the CPA route but I just can't do it.

    submitted by /u/power6buhl
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    EY Promotion to Senior

    Posted: 04 May 2021 06:04 AM PDT

    Started a new job at EY in January as a staff 2 experienced hire. Coming from another big 4, the recruited assured me I would be up for promotion to senior, similar to my old firm. Fast forward to now, my counselor and team have all said they've already thought of me as a senior (doing senior work) but shy away from any conversation about being promoted. Anyone know what the deal is? Will I be promoted or is there a large chance I get screwed over? Spoke with the recruiter recently and she said it's now up to leadership..

    My reviews are good, in line with others my level.

    submitted by /u/twix1234567
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    Right to move to Fund Accounting?

    Posted: 04 May 2021 01:38 PM PDT

    Background, I graduated with my masters from a target school, didn't want to go into public accounting, took a staff accountant job at a smaller local company. Company is good as I like the culture and the people I work with, but I don't get paid as well as I feel I should for being a masters grad. I also don't feel like I'm included as much as I would like, as the other two accountants have worked together for about 10+ years now. There's also no currently licensed CPA, so I can't get the required hours to get that license.

    I just got a hit from a recruiter on LinkedIn for a Fund Accountant position at a national real estate private equity firm locally that would give me a pretty substantial raise. It would also give me the responsibility to work under a CPA and get the last little bit of hours to get that license. I've read some posts here about the ups and downs of going into fund accounting, but they were fairly old, so I want to get some new opinions about this possibility. I'm still not 100% what I want to do long term, but would going from a staff accountant to a fund accountant be a good change this early in my career to leapfrog to a bigger position after a few years of hard work?

    Any advice is appreciated! Thanks in advance!

    submitted by /u/Maleficent-Ocelot-22
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    Transitioning from small PA firm to Large/B4

    Posted: 04 May 2021 05:42 PM PDT

    Hi r/accounting,

    I've been on this sub for years but decided to make a throwaway to ask for some career advice.

    Long summary ahead:

    I'm a 25 y/o in a major city w/ a degree in accounting, will have an MST before the end of year, and am already CPA eligible. I interned at 3 person tax preparation firm, a national firm - in audit and tax, and have been at small firm full time (<10 employees) doing mostly tax and general financial accounting work for the last two years with significant control over the engagements.

    I've started to really dislike everything about my firm (mostly culture, coworkers, lack of work) and have started seeking jobs at B4 firms and other national firms

    I've been applying for mostly "associate" and "experienced" level jobs since I'm still in the process of finishing my CPA and grad school.

    Recently, I had a conversation with a recruiter from one of the B4 after applying for a "Tax Associate" position..during the course of our conversation he mentioned that i seemed like a good fit for a "more experienced" role than what I applied for as it was entry level and to take another look at their postings and reach back out to him if i found something that fit. The issue is the only "experienced" roles I'm finding are at the Senior level and due to my lack of CPA and experience at a large firm, i feel that i'm a bit under qualified for a senior role and have read here that it takes ~3 years to move up to senior in most large PA firms

    I had a call with another recruiter at large regional firm today (this opening was "Tax - All Levels") and she asked me if i was looking for a "new title" rather than an "associate/staff" title.. these recruiting questions have just had me wondering...

    Am I undervaluing myself? Should i be applying for "Senior" roles? Personally, I am past "entry level" but don't feel like i'm quite at "senior level".. maybe A2-A3?

    Really just looking for advice on what level of PA roles you guys think I should be applying for at this point in my career?

    Thanks in advance

    submitted by /u/ZtA69420
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    Senior accountants, how’s your WLB?

    Posted: 04 May 2021 07:32 AM PDT

    I'm applying for senior accountants. Looking at the job descriptions, I felt like there's no way you can do 9-5 and just sign off for the day.

    What's your actual hours and what you do every day? Can you introduce me your daily routine?

    I know months end is different probably like 12 hours minimum. But hope days outside of month ends are good?

    Also questions for big4er who went to senior accountants, did you receive any hands on training? Or day 1 you are told what to do but no one shows you how? Just wanted to understand the expectations.

    submitted by /u/blindfolded2021
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    got a full time return offer, wondering what my other options can be

    Posted: 04 May 2021 05:37 PM PDT

    got a return offer at a big 4 in the fund accounting industry. honestly i don't completely enjoy fund accounting and i originally planned to tough it out for a few years and transition to either an MBA or to something in the tech/startup sector. what should be the best option for me right now? i could tough out fund accounting and try to see if i could get staffed on tech/startup companies or just try to apply elsewhere? any advice is appreciated

    submitted by /u/Intelligent-Fail3316
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    A/R cash coordinator position?

    Posted: 04 May 2021 03:24 PM PDT

    Hi all,
    I just accepted a position with a medium-sized corporate company as a "Cash Application Coordinator" within the accounts receivable department. I do not hold an accounting degree but do have some previous experience doing bank reconciliations, data entry and using Excel. Main function of the job is to post payments, research discrepancies and clear aged items.

    My question, does this position sound closer to an AR Clerk or Accountant? I am worried the position may be too much for me to handle since I do not have any direct AR experience. There is no direct customer contact.

    Does anyone have any insight on the degree of difficulty a Cash Coordinator may be presented with?

    submitted by /u/jalapenohottie
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    What does a training for a new hire look like at big 4 (specifically ey)

    Posted: 04 May 2021 05:34 PM PDT

    Wondering because I am planning vacation this summer before start date and was wondering if training starts before actual start date or on start date. Additionally, was wondering how intense trainings were in terms of hours as it's a struggle to plan with everyone's schedule. Was seeing if it was possible to do the trainings away from home especially because of the work from home environment. Thank you so much!

    submitted by /u/huikio
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