Salary.sg Forums - Reply to Topic
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs > How much should I be getting after 2 year (accounting/audit)?

Income and Jobs Discuss jobs, career options and of course salaries




Salary.sg Forums

Thread: How much should I be getting after 2 year (accounting/audit)? Reply to Thread
Your Username: Click here to log in
Human Verification To prove you are a human and not a computer program that spams, please check the box below and answer any further questions if prompted.

Title:
  
Message:
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
31-05-2019 05:11 PM
Unregistered Hey OP, whatís the verdict on your situation?
What did u do in the end? Did u leave?
30-05-2019 01:26 AM
Unregistered
Quote:
Originally Posted by pikachu View Post
Thanks a lot.
I applied to an huge MNC (Allianz) as a financial accountant.
Yea, Iím planning to take my ACA since there are more exemptions granted with a UK degree.

Interests: analysis, (thinking roles) but preferably not at the expense of too many hours..
Planning to stay in accounting or finance industry, but sector will probably be revolving around the above company (similar types throughout my life I guess).

For the increasing earning power part, I need to think more about it
Well usually people will request for last pay match, then it is up to the employer to decide to increase further or drop, especially for not too long ago grad. Frankly speaking 2 yrs in the workforce, your bargaining power is still relatively low, unless you jump ship from extremely well known company with extremely good track record, accomplished high profile projects or achievements in work, some "star" performer in school or you have another counter offer that is paying better. Otherwise, to play safe just quote the same as last pay.
30-05-2019 12:59 AM
Unregistered FYI fresh NUS/NTU/SMU graduates start off in accounting in any of the Big 4 with anything from 2.8-3.1k. With your qualifications, you would be a full tier lower at least starting off with 2-2.5k.

Hence, I suspect you are trying to humbrag your salary here by asking if it is ďreasonableĒ knowing full well that it is above the curve or even probably what a SIM graduate would get.
30-05-2019 12:56 AM
Unregistered
Quote:
Originally Posted by pikachu View Post
Refer to the post where I clarified I studied in UK.
Thx.
Didnt you post in the SIM RMIT thread bemoaning the same?

s://forums.salary.sg/income-jobs/2091-sim-rmit-fresh-grad-starting-pay-20.html#post119522

Even if you studied in the UK (some people go for exchange or a semester and like to claim they have an ďoverseasĒ degree) it hardly counts for much unless itís from Oxbridge. I highly doubt youíre an Oxbridge graduate ipso facto you are a sub-par candidate.

Itís nothing personal but you just donít rank very high in terms of employability. Be grateful for what you are presently drawing.
29-05-2019 02:54 PM
pikachu
Quote:
Originally Posted by Unregistered View Post
I have no idea why youíre comparing your salary to the local uni graduate median salary given that youíre a distance learning graduate of a vastly lower calibre.

Itís not a fair comparison.
Refer to the post where I clarified I studied in UK.
Thx.
29-05-2019 10:42 AM
Unregistered No comments about the education
Just wondering why the OP didnít stay till 3 years and get the CA certification once and for all first
Then head to the big 4 and have the big 4 on the resume (albeit minus one rank)

Vastly more opportunities instead of going into industry with neither a CA nor strong audit experience
29-05-2019 10:27 AM
Unregistered
Quote:
Originally Posted by pikachu View Post
Hi all,

In the accounting/finance industry.

In 2017, i started out in an SME audit firm getting 2.5K.
6 months later, I was promoted and drawing 2.8k.
This Feb, not promoted but pay increment to 3.1K.
I decided to leave for industry accounting, I requested for 3.9k.

Was wondering if it is too low.
Especially since I'm seeing "fresh grad median salary" at 3.5K.

Not from SMU, NTU or NUS.
Second Upper Honors Degree.
No CA.

p.s. any tips to improve my earning power etc ?
Thanks a lot.
I have no idea why youíre comparing your salary to the local uni graduate median salary given that youíre a distance learning graduate of a vastly lower calibre.

Itís not a fair comparison.
29-05-2019 12:42 AM
pikachu
Quote:
Originally Posted by Unregistered View Post
The company you are applying to makes a HUGE difference in the salary. The range can be huge. So it is very difficult to answer that part of the qn if 3.9 is ok or not. You probably need to give some background of the company(ies) you are applying to so we can help you here.

As to how to increase earning power, erm... make yourself employable in an area that is more urgently in need of talents? Your qn is very wide... I mean you need to sit down and think through what you really want.

What is your interests? What is your career plan? You want to increase earning power through what and where? Is it still by doing accounting? If so, for long term accounting, please go get a CA. If not necessary in accounting, which area you want to venture into? Do you have the skills in that area? If no, are you willing and prepare to acquire skills in that area? Otherwise, are you able to enter as junior roles in that area? You know auditing/accounting industry is evolving also, right? May be try to make yourself employable in the new area it will evolve to?
Thanks a lot.
I applied to an huge MNC (Allianz) as a financial accountant.
Yea, Iím planning to take my ACA since there are more exemptions granted with a UK degree.

Interests: analysis, (thinking roles) but preferably not at the expense of too many hours..
Planning to stay in accounting or finance industry, but sector will probably be revolving around the above company (similar types throughout my life I guess).

For the increasing earning power part, I need to think more about it
29-05-2019 12:02 AM
Unregistered The company you are applying to makes a HUGE difference in the salary. The range can be huge. So it is very difficult to answer that part of the qn if 3.9 is ok or not. You probably need to give some background of the company(ies) you are applying to so we can help you here.

As to how to increase earning power, erm... make yourself employable in an area that is more urgently in need of talents? Your qn is very wide... I mean you need to sit down and think through what you really want.

What is your interests? What is your career plan? You want to increase earning power through what and where? Is it still by doing accounting? If so, for long term accounting, please go get a CA. If not necessary in accounting, which area you want to venture into? Do you have the skills in that area? If no, are you willing and prepare to acquire skills in that area? Otherwise, are you able to enter as junior roles in that area? You know auditing/accounting industry is evolving also, right? May be try to make yourself employable in the new area it will evolve to?
28-05-2019 11:27 PM
Unregistered Hey, why didnít you try the big 4 since you returned from the UK?
Or the big 4 in the UK?
This thread has more than 10 replies. Click here to review the whole thread.

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off




All times are GMT +8. The time now is 12:27 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2