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Topic Review (Newest First)
14-03-2018 12:16 AM
Unregistered You need to be clear what exactly you are gunning for in your career. If you are sick of audit already because of work and long hours etc, it makes no sense to join big 4 as audit assistant as you will be the bottom rung scavenger getting even worse shiit compared to the associates. Spending the few years to study ACCA is also pointless as you will just face the same problem of 3-4 years as assistant and another 3-4 years as associate. That is a total waste of 7-8 years in the sweat shop for something that you don't like with crap pay.

If your intention is to do other things like admin, hr, accounting etc. it makes zero sense to go for pwc or whatever big 4. Big 4 works you to death and you get nothing in your cv to shout at as a support admin department. The more sensible way is to apply for these non-exec positions in a proper mnc or even the bigger glcs. At least the work hours are better, more relevant broad base exp, most likely better cv branding and pay progression is also around the same as big 4.

To you coming from a small local audit firm big 4 might seem like some prestigious international mnc, but in the bigger sea they are well known as sweat shops mass accepting generally average & below average finance grads and unless you want to get that customary 4 year audit associate exp in order to move into corporate finance, it's just plain silly to restrict yourself to big 4.
13-03-2018 11:43 PM
iwanthp
Quote:
Originally Posted by Unregistered View Post
Be realistic about where you stand. A diploma with little exp in a local SME I'm not even sure if Big4 will entertain you for their support department at officer level. Stop dreaming as if you are going to be in the same league as a typical audit associate in terms of pay and increment.

Big4 maybe can offer a bit higher e.g. 2k monthly salary because they have no aws and the variable bonus is horrible. No matter what all-in it's gonna be 25k+ annual. As for getting 1k increment a year, if you believe something that dumb then you are going to be in serious trouble no matter where you work.
Quote:
Originally Posted by Unregistered View Post
Use ur common sense plz. Diploma join Big4 support can get 700-1000 pa. increase means after 4 years already up to 6k salary.

Like that who the fark will spend 4 more years to study in local u or even ivy league when diploma doing backoffice also end up similar to investment banking starting pay at the same age.
ah i see alright guys thanks for the input just wasnt sure so thought id just ask ill take your words into consideration!

Quote:
Originally Posted by Unregistered View Post
Chill everyone, TS asked nicely, there's no need to air your grievances here.

Generally with a diploma, you have greater chance of getting into audit or support functions (HR, admin etc) than tax/advisory. However without further studies, your (pay) progression will be around half the speed of those with degree (e.g. if they take 4-5 years to hit 5k, you would probably take 8-10 years) within the Big 4.

If you were to join audit, you will start as an audit assistant. The pay should be similar across all functions (~2k like the others mentioned).

Be expected to go through the slough of long hours during the peak season. It is very common to have peers studying ACCA like yourself. Once completed you'd be adjusted to pay similar to those with degrees.
I see i see! Yea i'm a little tired of audit that's why when i saw that they also offered bookkeeping and accounting etc i was more interest in that hahah! and i know that Big 4 audit during peak is like can go home past midnight almost everyday (from what i heard from my friends etc) so was just wondering if the support departments will be this busy too or like they have a more relaxed schedule. Thank you for your input really appreciate it
13-03-2018 10:54 PM
Unregistered
Quote:
Originally Posted by iwanthp View Post
Hi there! I was looking through the websites of the Big 4s (PWC, Deloitte, EY, KPMG) and i saw that other than the usual audit, tax department, they also have like admin, HR, accounting departments etc. I only have a diploma in accountancy so i cant get in audit and tax for now and i saw that the other departments some actually only require a diploma! So i was just wondering if anyone has any experience or know about these other departments?

Was looking at either the accounting department or HR department as currently im in a small audit firm and i dont think i can last in this department. Would like to know these things if anyone has knowledge about it:

1. if the pay would be the same as audit, tax, etc. I know the pay would be lower since im only a diploma holder

2. Would the workload be the same as audit, tax in the Big 4 or will it be much more relaxing in a way that not much OTs and stuff? Coz im taking ACCA part time and would like to know if therell be like a peak period or something

Would appreciate any inputs on this thanks in advance!
Chill everyone, TS asked nicely, there's no need to air your grievances here.

Generally with a diploma, you have greater chance of getting into audit or support functions (HR, admin etc) than tax/advisory. However without further studies, your (pay) progression will be around half the speed of those with degree (e.g. if they take 4-5 years to hit 5k, you would probably take 8-10 years) within the Big 4.

If you were to join audit, you will start as an audit assistant. The pay should be similar across all functions (~2k like the others mentioned).

Be expected to go through the slough of long hours during the peak season. It is very common to have peers studying ACCA like yourself. Once completed you'd be adjusted to pay similar to those with degrees.
13-03-2018 05:25 PM
Unregistered Use ur common sense plz. Diploma join Big4 support can get 700-1000 pa. increase means after 4 years already up to 6k salary.

Like that who the fark will spend 4 more years to study in local u or even ivy league when diploma doing backoffice also end up similar to investment banking starting pay at the same age.
13-03-2018 03:42 PM
Unregistered
Quote:
Originally Posted by iwanthp View Post
Ah i see thanks for the inputs guys! What about pay wise like e.g. i see PWC now has an application opening for diploma holders and other than the Audit/Tax, etc. they also have the Corporate Support Services (Accounting & Bookkeeping).

Anyone know if the pay will be as good as the audit department or if the working hours will be better? :/ im also looking for other outside accounting jobs but interested in PWC too so wanted to enquire if anyone knows about the benefits or pay etc.

And also i heard from some friends who said that they heard that in Big 4, no matter which department youre in, the increment is the same, meaning 700-1000 a year! Was wondering if anyone can confirm that?
Be realistic about where you stand. A diploma with little exp in a local SME I'm not even sure if Big4 will entertain you for their support department at officer level. Stop dreaming as if you are going to be in the same league as a typical audit associate in terms of pay and increment.

Big4 maybe can offer a bit higher e.g. 2k monthly salary because they have no aws and the variable bonus is horrible. No matter what all-in it's gonna be 25k+ annual. As for getting 1k increment a year, if you believe something that dumb then you are going to be in serious trouble no matter where you work.
13-03-2018 03:36 PM
Unregistered
Quote:
Originally Posted by iwanthp View Post
Ah i see thanks for the inputs guys! What about pay wise like e.g. i see PWC now has an application opening for diploma holders and other than the Audit/Tax, etc. they also have the Corporate Support Services (Accounting & Bookkeeping).

Anyone know if the pay will be as good as the audit department or if the working hours will be better? :/ im also looking for other outside accounting jobs but interested in PWC too so wanted to enquire if anyone knows about the benefits or pay etc.

And also i heard from some friends who said that they heard that in Big 4, no matter which department youre in, the increment is the same, meaning 700-1000 a year! Was wondering if anyone can confirm that?
I don't even know where to start. You don't seem to know what you're talking about at all even though you're keen to join these companies.
12-03-2018 11:52 PM
iwanthp Ah i see thanks for the inputs guys! What about pay wise like e.g. i see PWC now has an application opening for diploma holders and other than the Audit/Tax, etc. they also have the Corporate Support Services (Accounting & Bookkeeping).

Anyone know if the pay will be as good as the audit department or if the working hours will be better? :/ im also looking for other outside accounting jobs but interested in PWC too so wanted to enquire if anyone knows about the benefits or pay etc.

And also i heard from some friends who said that they heard that in Big 4, no matter which department youre in, the increment is the same, meaning 700-1000 a year! Was wondering if anyone can confirm that?
12-03-2018 10:46 AM
Unregistered
Quote:
Originally Posted by iwanthp View Post
Hi there! I was looking through the websites of the Big 4s (PWC, Deloitte, EY, KPMG) and i saw that other than the usual audit, tax department, they also have like admin, HR, accounting departments etc. I only have a diploma in accountancy so i cant get in audit and tax for now and i saw that the other departments some actually only require a diploma! So i was just wondering if anyone has any experience or know about these other departments?

Was looking at either the accounting department or HR department as currently im in a small audit firm and i dont think i can last in this department. Would like to know these things if anyone has knowledge about it:

1. if the pay would be the same as audit, tax, etc. I know the pay would be lower since im only a diploma holder

2. Would the workload be the same as audit, tax in the Big 4 or will it be much more relaxing in a way that not much OTs and stuff? Coz im taking ACCA part time and would like to know if therell be like a peak period or something

Would appreciate any inputs on this thanks in advance!
If you intend to do general admin or hr, just broaden the job search to all the industries. It makes no sense to restrict yourself to big4 simply because you happen to work in a small audit firm currently.

Besides the big4 reputation outside audit is mediocre anyway, theres no added value at all in doing admin in a big4 compared to any other company.
11-03-2018 03:48 PM
Unregistered For diploma grads joining @ HR Officer level, I don't think there's any big difference between any company regardless of industry. This sort of generic admin support role should be ~1.8-2.2k depending on experience regardless of company.
11-03-2018 11:47 AM
Unregistered
Quote:
Originally Posted by iwanthp View Post
Hi there! I was looking through the websites of the Big 4s (PWC, Deloitte, EY, KPMG) and i saw that other than the usual audit, tax department, they also have like admin, HR, accounting departments etc. I only have a diploma in accountancy so i cant get in audit and tax for now and i saw that the other departments some actually only require a diploma! So i was just wondering if anyone has any experience or know about these other departments?

Was looking at either the accounting department or HR department as currently im in a small audit firm and i dont think i can last in this department. Would like to know these things if anyone has knowledge about it:

1. if the pay would be the same as audit, tax, etc. I know the pay would be lower since im only a diploma holder

2. Would the workload be the same as audit, tax in the Big 4 or will it be much more relaxing in a way that not much OTs and stuff? Coz im taking ACCA part time and would like to know if therell be like a peak period or something

Would appreciate any inputs on this thanks in advance!
I think diploma HR officers are mostly paid around 1.8-2.2k depending on experience. I doubt it's any different in Big4 compared to any other company out there. Such support roles are mainly administrative in nature, so very flexible to move from 1 industry to another.

OT has more to do with the actual situation and boss, so cannot generalize "Big 4".
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