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Q: Big4 - Yearly salary increment

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  #16311 (permalink)  
Old 03-05-2024, 01:13 PM
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pls share the decent industries with transferable skills. don't be like those goons who drop this and disappear pls.
why should i share? u shud put in ur own effort to go and find.

audit so much industries and u cant find a good industry ??? ?????????????

nowonder auditors quality going down.

thank god i left within 1 yr after grad.
20 AL, 5 fam leave, ;d
boooooo

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  #16312 (permalink)  
Old 03-05-2024, 01:16 PM
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OP here. agree with what u said 100%. also another thing i observed abt audit ppl trying to exit is that they overvalue their audit exp. tbh those fortune 500 finance position openings, 100 applicants i think 80 are from big 4 lol... what differentiates A from B?
the ones that differentiate are usually like these:
3 years in big4, go to commercial
3 years in commercial, go back big4,
3 years in big4 again, title is senior manager.

When the senior manager wanna go back to commercial, it is easier.
Because they know how commercial works.

Those home grown managers dont even know how to use SAP. how to jump out u tell me HAHAHA

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  #16313 (permalink)  
Old 03-05-2024, 02:38 PM
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the ones that differentiate are usually like these:
3 years in big4, go to commercial
3 years in commercial, go back big4,
3 years in big4 again, title is senior manager.

When the senior manager wanna go back to commercial, it is easier.
Because they know how commercial works.

Those home grown managers dont even know how to use SAP. how to jump out u tell me HAHAHA
still will have dub dub co hire cos of the mgr title ...

like my current firm, parachute airdrop mgr big 4, brings nth to the table for rest of the team but toxic culture, lemao
teach how many times system also dunnoe, then like to fake fake OT to claim taxi back

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  #16314 (permalink)  
Old 03-05-2024, 02:44 PM
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why should i share? u shud put in ur own effort to go and find.

audit so much industries and u cant find a good industry ??? ?????????????

nowonder auditors quality going down.

thank god i left within 1 yr after grad.
20 AL, 5 fam leave, ;d
boooooo
what is this. am i in edmw


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  #16315 (permalink)  
Old 03-05-2024, 03:19 PM
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i think the problem is even if u jump out as an accountant, why would companies pay more than 6k for an accountant. I think a lot of people failed to think from the company's perspective. If you own a SME, i dont think u would hire ex-big4 as an accountant paying 6k++. Unless, u r applying big big firms. But u would be fighting with a lot of people.

I think the only way to jump out from big4 is to aim for finance manager / controller / CFO etc. If yall think that yall dont have wad it takes, btr jump out of this industry.

There are other pretty decent industry with transferable skills from accounting and pays more.
ERP Consulting, Treasury and FP&A pay and WLB is **** in SG, don't just parrot what you read from American Redditors.

The fact is industries that pay well don't consider accounting experience to be useful. You can get in perfectly fine (and much easier) without an audit background.


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  #16316 (permalink)  
Old 03-05-2024, 03:30 PM
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ERP Consulting, Treasury and FP&A pay and WLB is **** in SG, don't just parrot what you read from American Redditors.

The fact is industries that pay well don't consider accounting experience to be useful. You can get in perfectly fine (and much easier) without an audit background.
thats why i said, transferable skills.
I did not say accounting skills are transferable.

And i do agree it is easier to jump out of the industry asap.
I do have friends (fresh grads) go into high finance / banks / etc... with an accounting degree.

dont whine if u didn't do well enuf. period.
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  #16317 (permalink)  
Old 03-05-2024, 04:03 PM
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thats why i said, transferable skills.
I did not say accounting skills are transferable.

And i do agree it is easier to jump out of the industry asap.
I do have friends (fresh grads) go into high finance / banks / etc... with an accounting degree.

dont whine if u didn't do well enuf. period.
Non-technical or non-industry-specific "transferable" skills are just simple DA or soft skills that even fresh grads have. Don't be a Linkedin influencer and bluff the blur kids here.
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  #16318 (permalink)  
Old 03-05-2024, 06:22 PM
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The only reason they wont release you is because they scared they no audit senior. No "for the best" only nonsense.

Just find someone to refer you. There's tons of auditors on non-anonymous social media. It's just free money for us if you do get in.

Also just apply to all firms aside from EY.
I feel like my counselor and partners will be unhelpful about transferring ppl to other countries anyway. During town hall, the partner was like threatening us showing all the news of layoffs in US/UK big 4 and saying that other countries are having stricter requirements for hiring ppl from other countries. Basically like telling us you have nowhere else to go, other countries don’t want u. And you better stay and work here cause the economy is bad and you can be layoff
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  #16319 (permalink)  
Old 03-05-2024, 07:40 PM
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Non-technical or non-industry-specific "transferable" skills are just simple DA or soft skills that even fresh grads have. Don't be a Linkedin influencer and bluff the blur kids here.
ya so your point?
thats why i say jump out earlier the better right?
u stay long then is ur problem.

anyway, theres something called internal transfer.
then jump out from there also can.

cry babies.


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  #16320 (permalink)  
Old 03-05-2024, 08:05 PM
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I feel like my counselor and partners will be unhelpful about transferring ppl to other countries anyway. During town hall, the partner was like threatening us showing all the news of layoffs in US/UK big 4 and saying that other countries are having stricter requirements for hiring ppl from other countries. Basically like telling us you have nowhere else to go, other countries don’t want u. And you better stay and work here cause the economy is bad and you can be layoff
Transfer overseas? which big 4 does that? afaik they are different entities except for deloitte consulting sea. you need to apply and go through the entire process anyway. just apply if you like audit so much. no luck means no luck, got luck then okay great.
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