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re: Job with Ernst and Young

Posted on 5/20/23 at 8:58 pm to
Posted by BobABooey
Parts Unknown
Member since Oct 2004
14307 posts
Posted on 5/20/23 at 8:58 pm to
Big 4, including E&Y, used to be meat grinders. Every Spring, they could cherry pick the best grads and also had extensive Summer intern programs before graduation. The ones who went to the financial side worked incredibly long hours in a conference room at the client but everyone knew it was coming and put up with it for a couple of years to get the name on your resume. Some offices used to fire people on their 1 year anniversary if they weren’t on the management/Partner track.

The IT side was much better but still required a lot of travel.

Overall, your stepson will learn a ton but it will cost him. He should always have an eye open for a client to try to jump to or some other move because they’ll let him go in a heartbeat - he should have the same attitude.
Posted by LemmyLives
Texas
Member since Mar 2019
6530 posts
Posted on 5/20/23 at 8:58 pm to
quote:

International


This has served me very well, since people don't know what time zone or country I'm in. This cuts down on the 3PM requests to have something done by 6PM same day to near zero.

Oh, and he should be very, very careful about dipping his pen in the company ink. There are a shocking amount of seniors and managers banging partners, and should he run afoul of one of those ladies in his own romance with her, it may be a career limiter, to be kind.
Posted by Rendevoustavern
Member since May 2018
1553 posts
Posted on 5/20/23 at 9:03 pm to
As exbig 4 prepare for 2600-2800 hours year 1 at minimum.
Posted by LemmyLives
Texas
Member since Mar 2019
6530 posts
Posted on 5/20/23 at 9:04 pm to
quote:

Jesus christ this sounds like one shitty way to live.


The kids that go into Big4 straight out of college don't know any better. Thankfully, I was older, and knew bullshite when I saw it, and how to be the gray man, and how to avoid the complete assholes to the extent anyone could.

For instance, I did an assessment related to Information Security for a major computer manufacturer. The client wanted findings "adjusted" in a way I considered unethical. I explained it to the partner, he concurred, and he essentially fired us off of the client (couple of mil a year in non-recurring work.) He stood up for my integrity, and from then on, I took any project or client that partner asked me to while barely even asking what it was.
Posted by Centinel
Idaho
Member since Sep 2016
43373 posts
Posted on 5/20/23 at 9:08 pm to
quote:

For instance, I did an assessment related to Information Security for a major computer manufacturer. The client wanted findings "adjusted" in a way I considered unethical.


InfoSec guy here myself. This doesn't surprise me one bit after some dealings I've had in the past with various clients. Most big corps (who haven't been bit in the arse) really don't give two shits about actually securing their networks and endpoints, they just want to check the regulatory audit blocks. And have no problem "fixing the books" as it were to check those blocks.

Which is why I have permanent job security, and big corps still get popped every year.
This post was edited on 5/20/23 at 9:10 pm
Posted by LemmyLives
Texas
Member since Mar 2019
6530 posts
Posted on 5/20/23 at 9:24 pm to
quote:

InfoSec guy here myself.


To some extent, InfoSec creates this problem themselves. A lot of us, especially the more technical they are, have a real problem explaining the business impact of findings. 31,000 unpatched vulnerabilities in production? So what?
Posted by Centinel
Idaho
Member since Sep 2016
43373 posts
Posted on 5/20/23 at 9:27 pm to
quote:

31,000 unpatched vulnerabilities in production? So what?


That's why you tune your vuln scanners to accept risk based on business stakeholder input. That and compensating controls. It's all about the compensating controls.

The problem I run into is the audit checklist morons who say they are "infosec experts" that have no ability to comprehend or process compensating controls.
Posted by LemmyLives
Texas
Member since Mar 2019
6530 posts
Posted on 5/20/23 at 9:33 pm to
quote:

The problem I run into is the audit checklist morons who say they are "infosec experts" that have no ability to comprehend or process compensating controls.


Preaching to the choir. People don't understand nearly all auditors (or ex-auditors that work in 3rd party risk management, etc.) have an accounting degree and learned all they need to know about Windows Server security at a three day training in Cincinnati. I watched one consider the on prem mainframe as "out of scope" for a PCI DSS audit, because it was a mainframe. The quickest way to fool them is to bring up subnets and watch them pretend that being in two different class C subnets alone provides some sort of protection.
Posted by Centinel
Idaho
Member since Sep 2016
43373 posts
Posted on 5/20/23 at 9:35 pm to
quote:

I watched one consider the on prem mainframe as "out of scope" for a PCI DSS audit, because it was a mainframe.


Jesus

*laughs in AS/400*
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37140 posts
Posted on 5/20/23 at 9:36 pm to
He’s going to work a lot. You won’t see him much. He will get great training in a narrow area that pays well.

He can make a lot of money one day at a large firm or go work in corporate.
Posted by MSTiger33
Member since Oct 2007
20397 posts
Posted on 5/20/23 at 9:37 pm to
It's an absolute grind. Very few make it to partner but it is well worth it if you can make it to that level.
Posted by Cocotheape
Member since Aug 2015
3782 posts
Posted on 5/20/23 at 9:39 pm to
quote:

Very few make it to partner but it is well worth it if you can make it to that level.


Counterpoint: no it’s not
Posted by Cocotheape
Member since Aug 2015
3782 posts
Posted on 5/20/23 at 9:42 pm to
quote:

This has served me very well, since people don't know what time zone or country I'm in. This cuts down on the 3PM requests to have something done by 6PM same day to near zero.


International tax is usually US tax work.

Sounds sexy and full of travel, is in fact knowing how to allocate interest expense in an FTC calculation.
Posted by Koach K
Member since Nov 2016
4098 posts
Posted on 5/20/23 at 9:44 pm to
Does he like doing other peoples’ homework and believe in illusory promises?
Posted by Saunson69
Member since May 2023
1897 posts
Posted on 5/20/23 at 9:52 pm to
I had a job with a boss like you and quit after 6 months to go to another role that paid 35% more, WFH 2 days a week, and a boss that couldn't be more opposite than your type. It was so satisfying like holding a middle finger to my ex boss face as I walked out.. Prick would send me a 5 paragraph email if I had 1 typo letter on a 45 page document where the other 8,234,136 letters were correctly spelled. Most miserable human I've ever seen. Karma is a bitch. I truly hope but nothing else than the worst for him. The company is struggling soo bad with share prices droppings 50%+. His total comp is heavily tied to it. Just makes me feel sooo good, that he's going to get shite for bonus. Straight karma for all parties involved.

That whole "I was treated like shite for 5-10 years while I was in my 20s/30s, so I'm going to treat all my employees like shite that are that age too" only works when you have yes men as employees that age. Ones that would lick the entire floor if you told them to. For your employees that age that stick up for themselves, they'll drop your arse as soon as something better comes up.
This post was edited on 5/20/23 at 10:02 pm
Posted by CHGAR
Haile, LA
Member since Aug 2022
569 posts
Posted on 5/20/23 at 9:54 pm to
80 hour weeks, 57K a year. New welder makes 150+.

I'm a jaded CPA
This post was edited on 5/20/23 at 9:54 pm
Posted by Saunson69
Member since May 2023
1897 posts
Posted on 5/20/23 at 9:56 pm to
Is that why when I type "welder average salary" on google. Welder I average salary is $47,500 to $53,000? why does it say average per hours is $21.34 per hour? Dude, you're off by 300%
This post was edited on 5/20/23 at 10:01 pm
Posted by Centinel
Idaho
Member since Sep 2016
43373 posts
Posted on 5/20/23 at 9:57 pm to
quote:

80 hour weeks, 57K a year


Mother of god why in the HELL would you agree to anything close to this?
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71471 posts
Posted on 5/20/23 at 9:58 pm to
quote:

international tax


Cool kids are in the PE industry.
Posted by S
RIP Wayde
Member since Jan 2007
155816 posts
Posted on 5/20/23 at 9:59 pm to


Mr. Ernst TYFYS
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