Post # 1
Just wanting to hear from some Accountants about the profession, if you love/hate it and why. My partner did first year uni in a Bachelor of Accounting a couple years ago and is thinking of going back to finish…but we would love some feedback from actual accountants.
If you feel comfortable, we’d love to know what your position is, how long you’ve been in the industry and a rough idea of your salary.
Thanks in advance 🙂
Post # 3
I was just about to post something looking for accountant bees to share their career experiences! I’m in school for accounting right now and would love to hear from some ladies around here about their jobs!
Post # 4
- Wedding: October 2014 - Savannah, GA
I’m interested in this too, just commenting in order to keep up with it. Would love to hear some bees experiences.
Post # 5
I’m not an accountant yet (I have 2 more Master’s classes to complete). But I interned last summer with one of the “Big 4” firms and will start working for the firm full time in October. My FI is a tax accountant for the same firm. Working in public accounting can be very different than private, and there are also many different specializations in the field (ie: auditing, taxation, gov’t & np, forensic accounting etc.). Any particular area that you were/are interested in pursuing?
Accounting is a great profession to go into because of job stability and the pay is pretty decent as well (but will vary according to state and specialization). In public accounting the hours are ridiculous to put it bluntly. Typically people will work for a major firm 1-2 years before they burn out and go elsewhere but it is great experience and an excellent resume builder. Starting salary for the firm I am working for (with a Master’s degree) ranges from $57-69k.
Post # 6
I’m not one but my mom has been all my life. Enviroment TOTALLY depends on the specific location you work in and if you are a CPA at a firm or working in the accounting department of a corporation. She had some seriously interesting stuff happen at a couple of firms with partners who were…less than ethical at some points and tax season is mega stressful. She worked at H&R Block for a few years and it was meh pay and lots of clueless clients with serious issues. She then moved to a small local firm with 2 partners and one psycho partner’s wife. That job paid better and she did get good end of tax season bonuses but dealing with the partners wasn’t worth it. She then moved to a larger firm that had like 4 partners and really like that one. She worked mostly for one specific partner and but when the partners split, she had the choice of going with the partner that “won” her, one who she didn’t like, or finding a totally new job. She ended up going with the partner. She then left that firm (the partner was a horribly unethical person) and now works in the accounting department of a corportation and really enjoys it. It is not a huge department and she is one of the more exsperianced accountants there. She LOVES her job, her bosses are great, really good pay (but not sure an actual $$) and good benifits and such. The nicest thing about it is there is no mad rush near April 15th. They work the same year round which is nice. It does mean no big tax season bonus but the reduced stress is worth it. The one issue with the corporate accounting is that the sales and marketing departments don’t really like the accountants for some reason so the department heads sometimes butt heads over issues but that has very little affect on her directly.
Post # 7
I’m not one but worked for one of the Big 4 and currently working for mid tier firm, but not in the US.
Let me talk about my American friend who was here on mobility program for the same Big 4. She was 29, has Masters in accounting and was already a manager when she came here. I thought that was pretty impressive but I guess that’s how the system worked at the firm in US. She said during busy season the hours are crazy but when it’s finished it’s easy. Pay is pretty good but in this economy with partners staying with the firm longer, not many people leaving, the opportunity to make a partner is not looking good at this point. And if you don’t make a partner it’s kind of NOT worth it (she feels), because you work all those hours when you’re young, like as long and stressful as lawyers and bankers for a lot less salary than lawyers and bankers… As for accountants once you make a partner you get what you worked hard for…
Post # 8
I am accountant. i worked at a small regional firm when I first started out in audit. Then moved to a “big 4” firm for tax and am now happily in private accounting. Public accounting is a lot of hours. For what I considered not much pay. As in, it wasn’t worth it for all the hours, stress, and missed times with my friends and family. Private accounting has been a lot better to me. I make more, and I work 8 hours and it’s very relaxed. But this depends on the company you work for as well.
Feel free to PM me if you want more details. To sum it up, if I could go back in time, I would NOT have majored in accounting.
Post # 9
@Dell79: I’m pretty sure I want to work in tax in a mid-sized public accounting firm. Probably do that for a few years and then go private. I am planning to sit for the CPA exam next summer/fall (after the stress of wedding planning is over!) Does your FI enjoy tax? I know that during tax season the hours are crazy, but is the rest of the year relaxed enough to make it worth it?
Post # 10
Sometimes I feel like I’m the only accountant that wants nothing to do with the Big 4! I’ve had so many friends work with those companies, and while the money is great, they never have time for life outside work and basically want to die. I’d rather make less money and be somewhat happy! :p
Right now I’m the accountant at a small engineering firm. I make about $50K since I got my masters in 2010. I’m working my way through the CPA exam; I’ve taken and passed one so far and have three to go. I’ve got until November 2013 to pass the other 3 before I start losing credit and have to retake. It’s not easy, I’ll tell you that. In theory it will be worth it once I’m done because your salary potential goes way up!
Post # 11
I’m not currently an accountant, but used to be one and my Bachelor’s degree is in Accounting.
I hated it…I realized a little too late that I really didn’t like it much, even though I was good at it. I ended up graduating with my degree and found a position within a large corporation doing the accounting for their health & welfare team. It was fine…just very boring to me. There isn’t much interaction with people, and the people I did interact with were pretty dry. I stuck it out for about 2 1/2 years. When something opened up in HR, I immediately went for it.
Accounting just wasn’t personally for me. I needed a bit more interaction with people and something that wasn’t as monotonous.
Post # 12
I am an accountant – i’ve been a CPA for about 2 years now. When I graduated from college with a BA in Accounting, I had a job lined up about 9 months in advance! That was a great feeling. I have been out of school for 4 years now, and have worked at the same place since I graduated. It is a public accounting firm (with two offices, a total of about 70 employees) – our firm separates the tax department from audit. I see the hours and workload of the tax side, and every day am grateful for being an auditor. I’m currently a senior auditor (it went Staff I, Staff II, Senior, Manager, Senior manager, Partner). I love what I do, and I never dread coming to work – it’s great to have that feeling. I will provide you with a range of my salary so that I don’t have to come right out with it 🙂 I’m currently making between $65,000 and $85,000 per year…which in the state i live in, is a great salary. The hours for us can be long (6 days per week) the first half of the year but even then, i’m not putting in more than 10 hours per week day and 4 hours on Saturdays. The 31 vacation days we get each year make up for the heavy workload the first half of the year. It’s all worth it in the end. I learn so much every day and am never bored with the information. And, I’m not sure if it is because I am on the audit side instead of tax, but my job is anything but monotonous, my responsibilities are different every day and every client is totally unique.
Post # 13
Keeping tabs on this thread for my SO!
Post # 14
Thanks everyone! It’s great to hear each person’s view of this filed – keep them coming 🙂
Post # 15
I’m an accountant for an oil and gas services company, I had NO interest in working for the big 4 bc I like to work 40 hours a week not 80 🙂 I graduated with my BBA in accounting May 2009 and my MSA (masters in science of accountancy) December 2010, I’ve been doing accounting work for just over two years and I make $65k a year, I’ve worked for the same company for 8 years and previously was a financial analyst for them and did some accounting work. Last year they made me the accounting manager for a small company we acquired so I had a pretty good gig. 🙂 before that I was making like $58k in the financial analyst position.
Post # 16
Im am! Started out wanting to be a special needs teacher but feel into a part time finance job that lead to getting my degree (company paid for my degree) and now i really enjoy it. My background is construction and manufactoring but its very interesting, ive travelled the world (Europe & US within the past 6mths, China in Dec), have worked on some great projects/companies. I make $100K pa plus bonus, 30 paid days per year and my company encourages my continued education
the not so good part – my life is arranged around finance dates. end of year, end of tax year, stock take, end of FBT, end of quarter, audit time, reporting etc – all vacation time has to be arranged around my work schedule and this does annoy my husband sometimes