Q: Big4 - Yearly salary increment

Originally Posted by SG_User

Hi, I am studying at UniSIM, part time degree. Those who advise me to leave my current workplace and join audit are my ex-colleagues -- accountants and other account executives who have worked for more than 3 years here.

Hmm...I did tried finding similar capacity roles but mainly asking for full set accounts exp which I do not have. I can keep on apply non-stop and hope someone wants me...Ultimately, I can still stay on at my current place since at least job security is there, but long term wise it is probably not a wise decision.

Yea, but they are accountants, which you are not. You do not have any accounting qualifications and your experience in data entry in a SME isn't going to get you anywhere in audit firms. At most you will be doing work like accounts/audit assistant, I doubt that sort of administrative job is going to pay better or let you learn anything useful. Seems like taking a big risk on job security w/o getting anything in return.

I think your best bet is to wait till you get your degree from Unisim first, then try applying for general finance exec roles in those SME. My opinion is with the current economic uncertainty, one should be patient and wait for good upward opportunities. Don't just jump for fun when the job level is more or less the same, just doing mainly admin work on different things.

[SG_User]

Originally Posted by Unregistered

Yea, but they are accountants, which you are not. You do not have any accounting qualifications and your experience in data entry in a SME isn't going to get you anywhere in audit firms. At most you will be doing work like accounts/audit assistant, I doubt that sort of administrative job is going to pay better or let you learn anything useful. Seems like taking a big risk on job security w/o getting anything in return.

I think your best bet is to wait till you get your degree from Unisim first, then try applying for general finance exec roles in those SME. My opinion is with the current economic uncertainty, one should be patient and wait for good upward opportunities. Don't just jump for fun when the job level is more or less the same, just doing mainly admin work on different things.

So it means very little if I join audit, and risk losing the job security I have now, right?

Agreed with you on waiting for grad 1st. Thank you for your advice

Originally Posted by SG_User

So it means very little if I join audit, and risk losing the job security I have now, right?

Agreed with you on waiting for grad 1st. Thank you for your advice

It is only useful if you can join an audit firm as an auditor which you will need at least ACCA or in certain rare cases holistic experience in corporate finance/accounting. Otherwise do those assistant work which is mainly documentation and filing I really don't think is any better than your current role. You should make use of your degree when you get it, otherwise it is a waste of money & time to study.

Hi, I'm a manager at a big4 in the UK

Been offered a secondment at the Singapore office as a manager. Ive been offered SGD 6400 per month and from friends who worked there, this feels quite low, can you confirm ?

[SG_User]

Originally Posted by Unregistered

It is only useful if you can join an audit firm as an auditor which you will need at least ACCA or in certain rare cases holistic experience in corporate finance/accounting. Otherwise do those assistant work which is mainly documentation and filing I really don't think is any better than your current role. You should make use of your degree when you get it, otherwise it is a waste of money & time to study.

Well sometimes I do wonder about my path after degree. Scrolling through the jobs, a lot are looking for those with relevant audit experiences for the accountant jobs.

Maybe I have missed out or overlooked or misunderstood something somewhere.

Originally Posted by SG_User

Well sometimes I do wonder about my path after degree. Scrolling through the jobs, a lot are looking for those with relevant audit experiences for the accountant jobs.

Maybe I have missed out or overlooked or misunderstood something somewhere.

if u wanna be accountant then of course must study cpa/acca, how come end up getting pt deg??? ur finance colleagues never tell u that???

Yes. It is low. I used to be a tax manager in big 4 drawing 7.3k during my first year. Secondment should be around 8K. Btw, big 4 firms pay their managers differently, with EY being the least.

Originally Posted by Unregistered

Hi, I'm a manager at a big4 in the UK

Been offered a secondment at the Singapore office as a manager. Ive been offered SGD 6400 per month and from friends who worked there, this feels quite low, can you confirm ?

Originally Posted by Unregistered

Hi, I'm a manager at a big4 in the UK

Been offered a secondment at the Singapore office as a manager. Ive been offered SGD 6400 per month and from friends who worked there, this feels quite low, can you confirm ?

sounds like its a first year manager pay in pwc sg

Originally Posted by Unregistered

Yes. It is low. I used to be a tax manager in big 4 drawing 7.3k during my first year. Secondment should be around 8K. Btw, big 4 firms pay their managers differently, with EY being the least.

How Long would it take to become manager?

in the past, it takes 6-7 years in tax dept to become a manager and 5 years in audit dept. However, promotion in tax seems to be faster nowaday (i.e 5 years). maybe manager now is equal to AM of the past.

Originally Posted by Unregistered

How Long would it take to become manager?