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11-04-2019 10:52 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I really want to help you out, so do ask if you have anymore questions
I’m a local uni acc grad who has worked 2plus years in corporate

My advice to you is that because not only do your batch and future batches need to take the series of SQP exams to become a chartered accountant, you will also have to work for a registered ATO
The audit firms are all ATOs, yes there are some other corporates out there which are ATOs but if you are in this for the very long haul, it’s best that you begin in the audit firm

So
A) work in audit firm
B) pass your SQP exams
C) clock your 3 years of audit exp
D) get your CA cert

The world is your oyster in terms of accounting field

If you really feel that the pay is an issue, then don’t go accounting route at all
Apply to the banks, commodity firms, corporate treasury etc
Basically go for the finance route, meanwhile also embark on the 3 levels of CFA, 2 levels of CAIA, or even the CVA at NTU

What if the situation is a comparison for Internal audit/Risk compliance role?

1) Big 4 risk assurance
2) Outsourced MNC consultancy providing IA/Risk assurance services (Higher base as well)
10-04-2019 05:42 PM
Unregistered Hey congrats

Rmb to apply for SQP

& take the CFA too

Try to stay in MNC sphere & really hone a focus

Will be tough going forward elsewhere without audit background
10-04-2019 05:36 PM
heracles
Quote:
Originally Posted by Unregistered View Post
That’s good, do you mind sharing is it like a direct hire role or part of a graduate program? Will you still be planning to take the cpa qualification?
direct hire. Yes
10-04-2019 04:16 PM
Unregistered
Quote:
Originally Posted by heracles View Post
update: I've rejected both and went on with a Fortune50 MNC, FP&A role which is what I've always wanted to do actually but no luck with offers until recently.
Figured that it might be better to start of inhouse.
That’s good, do you mind sharing is it like a direct hire role or part of a graduate program? Will you still be planning to take the cpa qualification?
09-04-2019 08:12 PM
heracles update: I've rejected both and went on with a Fortune50 MNC, FP&A role which is what I've always wanted to do actually but no luck with offers until recently.
Figured that it might be better to start of inhouse.
05-04-2019 04:57 PM
heracles
Quote:
Originally Posted by Unregistered View Post
I really want to help you out, so do ask if you have anymore questions
I’m a local uni acc grad who has worked 2plus years in corporate

My advice to you is that because not only do your batch and future batches need to take the series of SQP exams to become a chartered accountant, you will also have to work for a registered ATO
The audit firms are all ATOs, yes there are some other corporates out there which are ATOs but if you are in this for the very long haul, it’s best that you begin in the audit firm

So
A) work in audit firm
B) pass your SQP exams
C) clock your 3 years of audit exp
D) get your CA cert

The world is your oyster in terms of accounting field

If you really feel that the pay is an issue, then don’t go accounting route at all
Apply to the banks, commodity firms, corporate treasury etc
Basically go for the finance route, meanwhile also embark on the 3 levels of CFA, 2 levels of CAIA, or even the CVA at NTU
Thank you very much for your insight. You have played a great part in me determining my decision for the offers at hand.
05-04-2019 09:27 AM
Unregistered I really want to help you out, so do ask if you have anymore questions
I’m a local uni acc grad who has worked 2plus years in corporate

My advice to you is that because not only do your batch and future batches need to take the series of SQP exams to become a chartered accountant, you will also have to work for a registered ATO
The audit firms are all ATOs, yes there are some other corporates out there which are ATOs but if you are in this for the very long haul, it’s best that you begin in the audit firm

So
A) work in audit firm
B) pass your SQP exams
C) clock your 3 years of audit exp
D) get your CA cert

The world is your oyster in terms of accounting field

If you really feel that the pay is an issue, then don’t go accounting route at all
Apply to the banks, commodity firms, corporate treasury etc
Basically go for the finance route, meanwhile also embark on the 3 levels of CFA, 2 levels of CAIA, or even the CVA at NTU
05-04-2019 02:26 AM
heracles Thank you all for ur inputs. Pretty clear where everyone stands right now.
04-04-2019 09:37 AM
Unregistered Not from accounting background but,
i feel that in SG where HRs are very likely to give you +X% of your last drawn, you its of paramount importance to at least have a decent monthly pay so that you are in a position to negotiate when you do decide to leave your job for something better.

Just my humble opinion, but do consider. Certs can be picked up/studied for even without a good environment (provided you have the willpower) so is the training really worth your life and a lower pay? Something for you to ponder about.

-Fellow grad-to-be
04-04-2019 09:24 AM
Unregistered To give you a context, a typical big 4 freshie will take >4 years on average to catch up with MNC peers. Thats assuming the MNC peers do not move on for even better prospects to widen the gap. If you burnout before the 3 year mark and decide to move, you will most likely join MNC at a fresh level
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