the difference between AAA/B and BCC/B quality

How about the standard accounting, group conso, FP&A roles??

These have long hours hence the don't go into accounting

What kind of job pays well and does not require long hours? 😂
Compliance ?

Hmm pays well and hours are both subjective.

I’m drawing 7.5k for a standard 9 to 6, but my days are damn lepak. After the morning 9am meeting, I get a breakfast coffee break from 10 to 1030, an extended lunch from 12 to 2, and an unofficial afternoon break from 4 to 4:30. Many days there’s nothing to do and I just wait for the clock to hit 6 lol. Day to day just review excel, PowerPoint and word documents. Call a few vendors and make sure things are going ok.
But many things are standard templates and form just need to check the numbers were updated from source correctly.

Once every two weeks I “work” from home but it’s basically do nothing and just watch / Netflix. But if people need help they will ping me and I will go help with my expertise.

Quite chill la, you will need some time to adjust getting used to it after slogging to 3am in audit peak haha.

Same bro 100to120k pa. Wfh 5 days only go office for meeting if required. Flexible hours doing meaningful woek, objective focused.

Bad thing about the job? Entertain auditors and the 2pid request. Otherwise all are good and normal.

What jobs are you guys doing? Accounting manager? Bank operations? Procurement exec (since you mentioned vendor)? Your hours and pay is basically my dream career goals, I don't care about having a condo so I don't need insane pay, I just want enough to afford a HDB and pay for my hobbies.

Genuinely want to know because I don't really have any friends or family doing this well to advise on these kind of things. Some even think audit 5k pay is peak career achievement which I frankly disagree.

Technical accounting function. Need some experience, dont see any entry role.
U can go commercial or stay in public accting firm.

I dont remember accounting mgr pay is better than auditors.
Audit 5k+ is s2/am level. After that u have to decide to stay or leave.
I hope b4 mgr, m1 is getting 7k now. If still in 6k range in 2024 is a joke.
Do u think u still learning meaningful things in audit
or u just there to clock the time.

M1 is 6.8k as of now.

We waiting July to see if will revise to 7k hopefully.

Not OP, m1 is around $7k.

Feels like the learning curve becomes stagnant after reaching s1.*
For the same job they can plot senior 1 to 3, means technically there’s not much difference in job scope across the senior rank.

For the transition from audit to commercial/advisory, is it still possible to maintain the same pay level at s2 or is there likely to be a pay cut ?

Yellow*

OP here, thanks for replying.

I heard from my managers that M1 is around 7k now so it's not too bad, but looking at their hours and their scope of work, I'm very sure that it's not something I want to torture myself to work on. Plus, I feel like I'm not learning meaningful things in audit (same old procedures for the same old generic trading goods clients, no meaningful analysis to be done because deadlines and rubber stamping, just reconcile their messy workings to fill in the blanks in the latest audit workpapers) compared to when I was an associate. That's why I want to leave now that I have done one busy season as a senior.

How is technical accounting and how different is it in commercial vs public? It always sounds intimidating to me, since it feels as though you have to be some expert in IFRS17 or so.

People like you are also the first to get cut in any retrenchment excercise.

Hi its a jump of >20%. As mentioned, there is no entry role. U need at least 5 or 6 yoe if i rmb correctly. U probably join specialist or mgr.

As TA, you are right. It is knowledge demanding. Thats why we always look for technically strong ppl to join the team. In public u can consider yourself a researcher or the google.

You need to be aware of new or upcoming standards, preparing guidelines, doing training, providing guidance to different role. From jnr to partner level. Of cos u cant run away from frs, ssa, ethic codes, mas regulation such as payment service act/regulation, company acts or anything under the sun

It is indeed demanding. But still better than demanding in hours only, such as audit function.

In commercial its still quite process driven to me. It seems there is no clear line u are a fm or a ta.

All in all u are paid ~10% premium as compared to audit mgr for a reason. Thats my opinion. And yes.. this is a niche role, not many ppl likes it because u need to be better than google search.

7k??? I see mazars in career future offerring 7.5k and up for technical. Worst off then mid tiers?

s://.ifac.org/knowledge-gateway/series/accounting-technicians
I always promote ta and not audit. See ifac to understand more.

This is more for commercial. Like audit associate.

7k is regular audit. advisory where they group technical accounting under is 10-20% higher at manager level.

I'm guessing the TA guy is the second one? I wonder what's the first one.

Can i ask where to find such lovely, chilling, >7k paying, 5 day 9 to 6-ing, technical accountant jobs? I don't even need 7k, around 5.5k will do.

Suggest u stay in audit.

There are. You just need to be actually competent technically because you will be the expert people rely on so you can't smoke people.

5.5k can just go and find a good small audit firm or regular operations job.

lol not even $5k, $4.8k in audit you have to work from morning to night min 6 days a week.

No need need think so much.
Just move the hands and grind the hours. U can leave anytime but u choose to stay.

3yoe in b4 can have so many opport outside ltr on. Have u complete ur ca?

Nope, i am not asking u quit b4 audit go join mid tier audit. Some ppl do that and i cant understand y.

There are big co out there for b4 auditors with 3 yoe.
Temasek, gic, iras etc etc. Its there.

The accounting team at these companies have pretty bad hours too.

Most of us waiting for the 3 years mark.

From yellow and one of the easier sectors. Learning curve ended at end of A2. And there are ppl who stay for more than 10 years lol br41nd34d

Please dont talk rot. How much can you learn as associate in big 4.

I decided not to vote for PAP as ISCA and ACCA until today haven't signed RMA

Vote for opp party lor.

Yah lol I don’t get it either - aren’t there all these big GLCs which big 4 auditors can jump to? I mean if you’re a professional, and you don’t want the hours, you might have to head to a non profit or a religious entity and practise accounting there

In order to ensure top standard audit quality, shouldn’t there be a rule impose to managers and above to have at least a CA and be well proficient in English? Why am I seeing so many acca grad from tonkatsu uni speaking half past 6 ingrish rising to managers in my firm? Every time I see them speaking to client I can’t help but face palm

I thought now balance sheet is called statement of financial position?

Why so many listed coy FS still use the term balance sheet?

Why don't you join AGO?

no one gives a fk about you and what you do. you have repeated this 10 times as if anyone will give a **** about your voting choice

Because FRS1, Paragraph 10 allows entities to use titles for statements other than those used in the standard.

Balance sheet remains an acceptable term.

Anyone left as 2nd year senior and got a paybump or same pay? Can't get callbacks for any accounting or Fp&a role that didnt offer 5k max. Wondering if there's any other industry i can jump to using my audit experience.

Which firm? Isnt it common nowadays

How much is senior 2 pay across the big 4?

Varies across firm but generally in the mid 5k range.