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Old 02-01-2021, 11:45 AM
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Originally Posted by sgocean View Post
Hi all,

New to this forum and would like to seek some advice on making a job switch. Currently a big 4 auditor drawing S$4.2k (increment expected to move up to S$4.8k in Jan 2021) mainly specialising in auditing pharma companies.

Currently considering a change in job. Received an offer from a US oil and gas MNC (I think most people can guess which one) for a Financial Analyst role. They're offering me S$5.3k/month, plus 3 months guaranteed bonus (regardless of the financial performance of the company) on top of variable bonus. This MNC is also an audit client of my current employer and they told me they had completed a restructuring exercise early in 2020 so now they're hiring.

The pay package offered is really attractive to me compared to what I'm drawing now. But I'm still a bit hesitant considering the following factors:

- Heard that the oil and gas industry is not doing well and doesn't seem to have a good outlook? In terms of job security, should I be concerned?
- I've no experience in auditing any clients in the oil and gas industry. My clients are mainly focussed on pharma cos. So my knowledge of how the oil & gas industry works is close to zero (apart from basic knowledge like the upstream/downsteam activities, etc). Would it require any specialised knowledge/ skillsets to work in finance within the oil and gas industry?

Anyone working in finance within the oil and gas industry can provide some advice or help address some of these concerns? Many thanks and all help is appreciated.
As you have been offered the role, just learn on the ground.
The industry is always restructuring and you have to accept this as a reality.
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