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Q: Big4 - Yearly salary increment

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  #15981 (permalink)  
Old 21-04-2024, 10:54 PM
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If you got money, there’s always a way.
How much are u paying seniors and associates
You need to consider more than money for a career in audit.

Think about the team bonding, learning experience, brand name, sponsorship and all the resources the firm provides you beyond monetary measures.

/s

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  #15982 (permalink)  
Old 21-04-2024, 11:02 PM
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What do people actually do in FP&A in SG? People always say accounting in SG work until 1am while FP&A work until 11pm.
I can attest to the 11pm one. It's mainly because my team is extremely small but we have to cover other countries as well since we're the regional HQ, and then we have to audit the reporting packs because the accounting teams are terrible, and the different departments are so incompetent that whatever budget they submit to us are always wrong so we have to spend a lot of time correcting them. Fortunately at my level I don't have to join the calls with our US HQ but my manager does so she has to work until much later than I do. I'm contemplating a career change to internal audit or credit analyst because I feel that the WLB is as bad as Mar-Apr audit peak for subsidiaries.

If anyone here is also in FP&A, please give me some hope that FP&A depts with minimal overtime exists and are not ridiculously difficult to enter so that I don't have to do a complete career change for WLB.

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  #15983 (permalink)  
Old 21-04-2024, 11:03 PM
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You need to consider more than money for a career in audit.

Think about the team bonding, learning experience, brand name, sponsorship and all the resources the firm provides you beyond monetary measures.

/s
Yes, I agree we should be grateful. But why are there so many people resenting b4/ accounting firms? Could it be because we are putting in more effort than what is being rewarded?

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  #15984 (permalink)  
Old 21-04-2024, 11:06 PM
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I can attest to the 11pm one. It's mainly because my team is extremely small but we have to cover other countries as well since we're the regional HQ, and then we have to audit the reporting packs because the accounting teams are terrible, and the different departments are so incompetent that whatever budget they submit to us are always wrong so we have to spend a lot of time correcting them. Fortunately at my level I don't have to join the calls with our US HQ but my manager does so she has to work until much later than I do. I'm contemplating a career change to internal audit or credit analyst because I feel that the WLB is as bad as Mar-Apr audit peak for subsidiaries.

If anyone here is also in FP&A, please give me some hope that FP&A depts with minimal overtime exists and are not ridiculously difficult to enter so that I don't have to do a complete career change for WLB.
Are u in that tech company? They seem very keen on hiring b4 auditors .
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  #15985 (permalink)  
Old 22-04-2024, 01:32 AM
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Are u in that tech company? They seem very keen on hiring b4 auditors .
Nope, I'm in an American MNC. Did you mean Shopee? Heard they're famous for 996 but I don't know how true those rumors are.


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  #15986 (permalink)  
Old 22-04-2024, 10:38 AM
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Nope, I'm in an American MNC. Did you mean Shopee? Heard they're famous for 996 but I don't know how true those rumors are.
I’ve been through 937.

You can’t hurt me with 996.


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  #15987 (permalink)  
Old 22-04-2024, 11:54 AM
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Nope, I'm in an American MNC. Did you mean Shopee? Heard they're famous for 996 but I don't know how true those rumors are.
How did you get into FP&A with a MNC from audit? Seems impossible these days.
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  #15988 (permalink)  
Old 22-04-2024, 12:12 PM
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How did you get into FP&A with a MNC from audit? Seems impossible these days.
Not that guy but with 3yoe in b4 audit u can join jr position.
After 3yoe is more like specialist alrdy. U mainly stuck there for good because pay diff and skill required not much value adding to other role. Year 3 or 4 is best to run from audit.
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  #15989 (permalink)  
Old 22-04-2024, 01:01 PM
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Not that guy but with 3yoe in b4 audit u can join jr position.
After 3yoe is more like specialist alrdy. U mainly stuck there for good because pay diff and skill required not much value adding to other role. Year 3 or 4 is best to run from audit.
I see. I have 3yoe in b4 audit but still couldn't land any interview except for those "accounting-hybrid" ones. Maybe most of the job ads these days are looking for experienced FP&A not juniors.
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  #15990 (permalink)  
Old 22-04-2024, 01:06 PM
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I'm a boss in my 40s.

I'm afraid the young people in 20s doesn't want to work long hours.

By right, they should get use to working long hours.
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