26-04-2017 10:27 AM |
Unregistered |
Quote:
Originally Posted by Unregistered
Actually your salary sounds about right for a fund accountant in a boutique firm and it's quite decent. Your bonus is still better than many accountants in other industries who typically receive 0-1 month bonus. How did you break into corporate finance in the first place though? Did you have a degree?
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Hi there, yes SIM-UOL degree. I don't think you really need any special skills to break into corporate finance beyond a business degree esp. my first job is with a local company.
As for bonus I think it's a bit low compared to AM industry but higher than some lower paid industries outside. This firm also quite conservative in salary progression and from what I see gives quite standard 5% increase every year unless got promotion, so those who are more ambitious usually don't stay long.
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26-04-2017 03:36 AM |
Unregistered |
Quote:
Originally Posted by Unregistered
Yes 6.2k is basic, bonus not very high either, about 3-4 months.
I personally find the books I'm doing now much simpler compared to my ex-company, but then we are only managing a small cap REIT so maybe those BB like the Blackrock or Fidelity is much harder.
In terms of special skills I don't have much beyond the standard ACCA and 4 years of exp in corporate finance in a listed local firm.
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Actually your salary sounds about right for a fund accountant in a boutique firm and it's quite decent. Your bonus is still better than many accountants in other industries who typically receive 0-1 month bonus. How did you break into corporate finance in the first place though? Did you have a degree?
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24-04-2017 03:28 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
If u don't mind sharing, what designation are u currently at? I at my < 1 year corporate finance role, drawing $3k++
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Ahm... I would rather not. It's a small industry out there and quite easy to tell which firm and who with designation, but basically I am doing fund accounting.
I started off at 3k in a local firm finance department as well.
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24-04-2017 01:43 AM |
Unregistered |
Quote:
Originally Posted by Unregistered
Yes 6.2k is basic, bonus not very high either, about 3-4 months.
I personally find the books I'm doing now much simpler compared to my ex-company, but then we are only managing a small cap REIT so maybe those BB like the Blackrock or Fidelity is much harder.
In terms of special skills I don't have much beyond the standard ACCA and 4 years of exp in corporate finance in a listed local firm.
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If u don't mind sharing, what designation are u currently at? I at my < 1 year corporate finance role, drawing $3k++
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23-04-2017 10:47 AM |
Unregistered |
Quote:
Originally Posted by Unregistered
6.2k basic I presume? Do you need any special skills or experience to break into accounting for financial service firms such as yours?
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Yes 6.2k is basic, bonus not very high either, about 3-4 months.
I personally find the books I'm doing now much simpler compared to my ex-company, but then we are only managing a small cap REIT so maybe those BB like the Blackrock or Fidelity is much harder.
In terms of special skills I don't have much beyond the standard ACCA and 4 years of exp in corporate finance in a listed local firm.
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23-04-2017 10:40 AM |
Unregistered |
Quote:
Originally Posted by Unregistered
Hi just curious - are you in a blue chip REIT or isit one of those small listed ones? Your pay seems quite low for this industry.
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Haha yes it's a small cap REIT. Pay wise I agree that it is very low compared to my peers, but for me the main attraction is work life balance. No OT and when work volume is low, boss will unofficially allow everyone to come in later or leave office earlier. This is advantage of working in a small co. Only 10+ ppl in the whole office.
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23-04-2017 05:51 AM |
Unregistered |
Quote:
Originally Posted by Unregistered
Doing fund accounting at a REIT now, getting 6.2k now after 6 years work exp. Many other fund houses can pay much higher, but I like the flexible work life balance here. Almost never OT and during off peak can come in office quite late.
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6.2k basic I presume? Do you need any special skills or experience to break into accounting for financial service firms such as yours?
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22-04-2017 12:04 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
Doing fund accounting at a REIT now, getting 6.2k now after 6 years work exp. Many other fund houses can pay much higher, but I like the flexible work life balance here. Almost never OT and during off peak can come in office quite late.
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Hi just curious - are you in a blue chip REIT or isit one of those small listed ones? Your pay seems quite low for this industry.
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22-04-2017 12:17 AM |
Unregistered |
Quote:
Originally Posted by Unregistered
Does investment operations include those at fund houses etc? If so, I'm interested to know how much people make in positions such as investment operations or performance reporting etc. Any kind soul care to share? Thanks.
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Doing fund accounting at a REIT now, getting 6.2k now after 6 years work exp. Many other fund houses can pay much higher, but I like the flexible work life balance here. Almost never OT and during off peak can come in office quite late.
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21-04-2017 07:55 PM |
Unregistered |
Does investment operations include those at fund houses etc? If so, I'm interested to know how much people make in positions such as investment operations or performance reporting etc. Any kind soul care to share? Thanks.
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