Okay, so Roberto Half dropped their quarterly Financial Hiring Index and the message is that things are turning around for accounting and finance peeps looking for jobs out there. Their rationale? It’s the first net positive hiring outlook since the first quarter of 2009. Are we convinced that the ship is turning around? Hardly, dude. Let’s take a look at some of these details to see what’s is going on.
Careers
Today in makeshift accounting therapy, a fed up E&Y vet is contemplating a move to arch-rival PwC and wants to know if this is a suicide move.
Have a question about your career? Need advice on how to explain why your Fantasy Football league is always up on your laptop? Looking for advice on how to best flirt with recruits without being creepy? Send us an email with your query to advice@goingconcern.com and will give you the best free advice you’ll ever get.
As for our potential E&Y Benedict Arnold:
I’m at EY, looking at a position one-level above where I am at PWC. Is this a frying-pan/fire situation?
EY as “more people friendly” is a concern, because EY is horrifically NOT people friendly.
I’ve know the guy I would be working for at PWC very well and I think I’m maxed out at EY.
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Careers
Do The Big 4 Use Intermediate Accounting as a ‘Weed-Out’ Course?
By Caleb NewquistBack from the meat sweat-infused Labor(less?) Day Weekend with the latest edition of “help me get my career out of the crapper,” a young accounting student is concerned that their “C” in Intermediate Accounting will derail their Big 4 dreams of fame and fortune.
Have a question about your career? Need advice on how to handle the client contact who just happens to be a complete lunatic? Undecided on whether or not you should eat the frozen pizza that isn’t yours when you’re working at 1 am? Email us at advice@goingconcern.com and we’ll get you back on the crooked and wide.
Back to our latest grade-obsessed recruit:
I’m currently a Senior at ASU, graduating in May 2011 and plan on enrolling in the MTAX program at ASU that Fall. I currently have a 3.52 G.P.A., but ended up with a C in Intermediate Financial Accounting (For the record, I took an accelerated 5-week course and was also working full-time). I have heard that many firms (mostly Big 4) use this course as a “weed out” of candidates. I have maintained all A’s in my other accounting courses but am worried that this C will turn off recruiters. If I plan on going into Tax, will this pose a problem? Any recommendations to counter potential problems?
Today in “My life is falling apart and I’m an accountant” we have another poor sap that is plagued by a low GPA. Are they doomed for mediocrity? We’ll get to that, right after…
Are you wondering what your next career move is? Are you an auditor trying to put the moves on someone in tax and have no idea what to say? Wondering whether you should put the kibosh on your vegan lifestyle at your next partner lunch/dinner since you think it’ll make you look like a complete weirdo? Email us your inquiry to advice@goingconcern.com and we’ll put you at ease.
Back to our slacker du jour:
My undergrad GPA was a 2.99 cumulative and that’s been a killer in my application and job process. I’m currently with a very small CPA firm. Is there a point on continuing even if I pass my CPA? It seems no one really cares about any accounting experience for public unless it’s big 4 or mid-tier. My 2.99 has been a killer since the majority of firms are looking for a 3.00+. I’m looking at options at grad school, but I’m not sure if it would help if I wanted to go Big 4 still. I also believe I should pass my CPA first if I’m looking to go for a one year MBT or MACC (Masters of Accounting) program, but honestly I don’t know that I would get in considering my GPA unless I got stellar GMAT scores.
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Careers
When Should a Big 4 Auditor Mention That They Are More Interested in Tax?
By Caleb NewquistToday in “Help me if you can” a soon-to-be Big 4 auditor wants to know when to broach the subject of…not wanting to be a Big 4 auditor. Rather, the young grasshopper would prefer to switch to tax, pronto.
Have a question about your career, how best to decorate your cubicle or how you can show your face again after your latest embarrassment at the most recent happy hour? Email us at advice@goingconcern.com and we’ll put you on the path to success or marginal respectability.
As for today:
I am starting in the audit department of a a Big 4 firm in a major market next month. I’m thrilled to have the opportunity, however I’m not too interested in audit. If I want to switch over to tax, how do I go about doing that without giving a poor impression of me? Is this a common enough request that it shouldn’t be a problem? Is it better to bring it up sooner rather than later? Do I bring it up with my recruiter before I start? I’m concerned that if I wait too long to bring this up I’ll end up wasting a year (and a promotion) before being able to switch to tax.
I complain about a lot of things in the industry that I probably should be grateful for instead: Sarbanes-Oxley, the PCAOB, the IASB and the AICPA Board of Examiners… the list goes on. I’ve done my fair share of complaining about accounting education as well (even offending some by implying professors were cheap and lazy though I certainly did not mean all or even most accounting professors) but I think it’s safe for us to say that we have it a lot better than some other professions. Like law.
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Careers
Can You Get a Big 4 Job If You Didn’t Go to a “Brand Name” College?
By Caleb Newquist and Daniel BraddockToday we hear from a Big 4 dreamer and their frustration with the firms’ penchant for “brand name schools,” and what, if anything, you can do about it.
Have a question about your career? An inter-office love triangle? How to interpret the partner’s passive-aggressiveness attitude? Email us your query to advice@goingconcern.com and we’ll level with you.
Back to our reader:
I can’t tell you how frustrating it is to go onto the Deloitte Job Board and see positions with schools next to them, indicating the spot is only for a graduate of Notre Dame or some other brand name school. I turned down Notre Dame to go to a small liberal arts school in Chicago and now I have no idea how to get into the recruiting cycle for the Big 4 or regional public accounting firms. There were no accounting firms at the job fairs or on-campus interviews held at my school.
Will the Big 4 Take a “Late Bloomer” with a Low Undergrad GPA?
By Caleb Newquist and Daniel BraddockToday from the mailbag we have a Big 4 hopeful that – like many of you – enjoyed the splendors of undergrad life to the detriment of their GPA and want to know if this will dash their Big 4 hopes and dreams.
If you’ve got questions about your career, a problem at work (romantic, political or otherwise) or what you should have for lunch, shoot us an email at advice@goingconcern.com. We will ignore pension accounting questions with extreme prejudice.
Back to our friend:
I just started an MSA program this summer after graduating with a BA in Economics. My cumulative undergrad GPA was 2.78, which is certainly not helping me attain my goal of Big 4 employment. I’ve been told that talking to recruiters now would be certain career death and I’m hoping on using the “late bloomer” story whenever I do begin the recruiting process. I can honestly say my attitude towards academics has improved tremendously over the past year or so. In the two graduate summer classes I’ve taken so far, I’m pulling a 3.85 GPA.
Five Interview Questions You Should Be Ready For If You’re Looking to Switch Jobs
By Daniel BraddockI received the following question last week from a GC reader:
Daniel,
I don’t know if this is up your professional line of expertise, but could you touch up questions that auditors should expect to get in an interview?
Happy Moanday,
Jeremy
Expert I am not, but I’ll do my best to help you all out.
Interview questions you should be ready for: