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re: Big 4 Accounting Firms - Anybody with experience?

Posted on 6/5/18 at 9:44 am to
Posted by MStant1
Houston, TX
Member since Sep 2010
4538 posts
Posted on 6/5/18 at 9:44 am to
quote:

This is true. Most move to a regional/divisional controller role at a corporation. With that said, because of the high turnover, if you can stick it out, partner track is VERY short compared to other industries.


This is only partially true for Audit, and not remotely true for advisory.
Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 6/5/18 at 9:53 am to
quote:

Yes, definitely bring up your experience and try and get a greater role


Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 6/5/18 at 9:56 am to
quote:

Ahhh SDC is going to be a different model than typical advisory. SDC is generally more of an outsource type model, than really typical advisory or consulting. If PWC’s SDC is like EY’s, then your hours will be closer to 40, and you are unlikely to travel (if ever). Work life balance will be high, but you won’t have the same pay or opportunities as standard advisory. You also will likely rarely ever see the client unless they do a site visit to the PWC office. The levels are also different typically so my comment on associate may not apply. The Big 4 have been developing service delivery centers to effectively allow institutions to outsource part of their operations or other activities that require a lot of specifically skilled resources (which differs than typical outsourcing that focus more on low skill high volume). Client gets a savings from less overhead, but higher quality than outsourcing to a firm in India.


That’s very helpful and helps me consolidate what I’ve been able to find. If that is the case, this move could be more of a stepping stone in my case vs a career long move. We’ll see. At the end of the day I’m still going to need adequate money to justify both a job change and a location change. Not that big of a move in my case, but a move with a lot of work nonetheless. Sincere thanks!
Posted by Rendevoustavern
Member since May 2018
1584 posts
Posted on 6/5/18 at 4:47 pm to
First job out of college. 3 years in audit. The hardest grind of my life but the experience has been a golden ticket going forward. Worth it.

My only downvote on going back to big 4 would be the red tape. A lot of hassle to get some minor things done/approved.
Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 6/6/18 at 12:46 pm to
Not going to work guys and gals. Pay is well below what I need or even currently make due to the SDC model. Some of you even mentioned this.

The positive is I now have a contact there who is willing to continue open dialogue for positions in other locations with a firm model to support the necessary pay. The recruiter could have quickly ended the call, but was kind and actually answered some question I had about PwC, growth, differences between SDC and a firm, etc. Overall positive experience. Bummed Columbia isn’t going to work, but searching with other firm locations in the SE.
Posted by MStant1
Houston, TX
Member since Sep 2010
4538 posts
Posted on 6/6/18 at 8:00 pm to
Yeah I didn’t want to come right out and say that the pay is low as I obviously have no point of reference to your current pay.

That said pay can also vary quite drastically in traditional advisory depending on the industry or practice - particularly at the Manager and Senior Manager levels.
Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 6/6/18 at 8:11 pm to
No problem.

Yeah the recruiter did confirm the range I would need to be in falls in line with the similar position in a firm vs the SDC. If nothing else I gained information and a contact from the interview so I still consider it a positive. Fortunately, I currently have a suitable job so I can afford to be patient and try to make the best play.
Posted by Enfuego
Uptown
Member since Mar 2009
9883 posts
Posted on 6/7/18 at 1:47 am to
Big 4 is a great start to career. Good pay and experience. Also great stepping stone to another career. I started out at EY advisory before switching to investment banking.

As far as the interview, it’s mainly behavioral - don’t focus on technicals. Also definitely look up the “cheesy” company goals and aspirations on their website and mention how much it means to you. Interviewers will eat it up.
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