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Q: Big4 - Yearly salary increment

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  #16031 (permalink)  
Old 23-04-2024, 12:50 PM
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How is the pay and hours for FP&A?
Hours are delicious, 9-6, sometimes can leave earlier if get my BAU done quickly. Only OT one day every month for closing. and that ends at about 8pm at worst or 9pm if got last min changes. But of course not every fpna role is so good i believe.

Pay i got a 10% bump (ya itís lower that what i hoped, but what to do i no prior exp), beyond that i cant say. But the point is i decided to leave because i was okay with this pay in the medium term, but overall long term im quite sure will continue to progress.



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  #16032 (permalink)  
Old 23-04-2024, 01:16 PM
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Im from the AAA batch. Studied so hard back then to be seen as lousy lazy bo ta chek trash can seller now.
You how old? That batch should be well into mid career by now already.

Suggest you donít mix around here if you donít want to be wrongly associated.. now is different already.

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  #16033 (permalink)  
Old 23-04-2024, 01:28 PM
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I have work with many interns from the local u, including sit. I agree they are all very fine ppl with quality. It is a shame that audit internship dont really challenge them or is meaningful in the first place. They are ask to do vouching, print wp, do admin work. whats more funny i think they perform better than the experienced associate and senior from xxxx. I think everyone know. When intern lead the team guiding the EA is funnier...

Im currently in technical dept, ex auditor/tax.
For b4 audit, interns mainly do less challenging work. Roll forward of Py documents, fill up lead sheets, copy paste stat audit minutes, vouching lots of invoices, cash and expenses sections etc. etc

Good on resume , but if u want more exposure, try smaller firms. The learning curve is steeper for interns.

For full time staff, I think the learning curve in b4 only starts at a2 or s1.



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  #16034 (permalink)  
Old 23-04-2024, 02:48 PM
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Hours are delicious, 9-6, sometimes can leave earlier if get my BAU done quickly. Only OT one day every month for closing. and that ends at about 8pm at worst or 9pm if got last min changes. But of course not every fpna role is so good i believe.

Pay i got a 10% bump (ya itís lower that what i hoped, but what to do i no prior exp), beyond that i cant say. But the point is i decided to leave because i was okay with this pay in the medium term, but overall long term im quite sure will continue to progress.
How many countries do you cover and how big is your team? Sounds pretty sweet. Mine only has 3 people for global so we're perpetually swamped until I feel like quitting just after 5 months. Is yours a local firm or western firm?
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  #16035 (permalink)  
Old 23-04-2024, 03:09 PM
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You how old? That batch should be well into mid career by now already.

Suggest you donít mix around here if you donít want to be wrongly associated.. now is different already.
Haha yea recently kaypoh on how is younger gen doing so took a look here. But leaving this thread soon le.

Here does show some similar reality to the commercial la.

Mid career le in our 30s... But aiya not all AAA batch so up there go do satki FP&A or consulting mah. Some of us that stayed in this industry got do commercial accounting after short stint w b4. Those that left the industry go do property/banking/investment/risk/insurance/Analytics/ whereever that earns better $ and wlb lo.

I would say accounting don't earn as much compared to those categories above. And the lost of attractiveness in accounting major over the years also gave us a toll. Big bosses like CFO only lookup to FP&A and Business analytics. Nowonder ppl say Accounting is seen as cost centres and burden causing problem to everyone. When we really need headcount, not approved. But not the case for Analytics team.

Didnt expect things to be so bad now hor... haha.

And it is nowonder,
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  #16036 (permalink)  
Old 23-04-2024, 04:44 PM
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Hours are delicious, 9-6, sometimes can leave earlier if get my BAU done quickly. Only OT one day every month for closing. and that ends at about 8pm at worst or 9pm if got last min changes. But of course not every fpna role is so good i believe.

Pay i got a 10% bump (ya itís lower that what i hoped, but what to do i no prior exp), beyond that i cant say. But the point is i decided to leave because i was okay with this pay in the medium term, but overall long term im quite sure will continue to progress.
my previous fpa job was cover mountain cover sea job scope. smlj also do. we even need to help to do GL accounting and prepare tax provisions. wtf? really squeeze until dry. i left after 1 year.
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  #16037 (permalink)  
Old 23-04-2024, 08:05 PM
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How many countries do you cover and how big is your team? Sounds pretty sweet. Mine only has 3 people for global so we're perpetually swamped until I feel like quitting just after 5 months. Is yours a local firm or western firm?
Is fpa workload comparable to audit or slightly better ?
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  #16038 (permalink)  
Old 23-04-2024, 10:09 PM
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Is fpa workload comparable to audit or slightly better ?
I'm the poor sod you're replying to. Clearly mine isn't as sweet as the others' since I still work like a dog. Have to say it's better than audit since I can wfh because no one is in office from 7pm, and I can don't work when on MC since there is no slave culture. I still work until 8-9pm on good days, and 2am on bad days which I would say is close to my audit hours.
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  #16039 (permalink)  
Old 23-04-2024, 10:24 PM
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I'm the poor sod you're replying to. Clearly mine isn't as sweet as the others' since I still work like a dog. Have to say it's better than audit since I can wfh because no one is in office from 7pm, and I can don't work when on MC since there is no slave culture. I still work until 8-9pm on good days, and 2am on bad days which I would say is close to my audit hours.
Thanks for sharing. Appreciate it 🙏
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  #16040 (permalink)  
Old 23-04-2024, 11:15 PM
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Haha yea recently kaypoh on how is younger gen doing so took a look here. But leaving this thread soon le.

Here does show some similar reality to the commercial la.

Mid career le in our 30s... But aiya not all AAA batch so up there go do satki FP&A or consulting mah. Some of us that stayed in this industry got do commercial accounting after short stint w b4. Those that left the industry go do property/banking/investment/risk/insurance/Analytics/ whereever that earns better $ and wlb lo.

I would say accounting don't earn as much compared to those categories above. And the lost of attractiveness in accounting major over the years also gave us a toll. Big bosses like CFO only lookup to FP&A and Business analytics. Nowonder ppl say Accounting is seen as cost centres and burden causing problem to everyone. When we really need headcount, not approved. But not the case for Analytics team.

Didnt expect things to be so bad now hor... haha.

And it is nowonder,
Hello senior. Iíve always been curious about your generation.

Can explain why your days people who studied hard would willing choose to go accounting? Whatís so attractive about the long hours and relatively non competitive starting salaries?
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