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Options for a newly qualified accountant?

  • 05-03-2006 9:59pm
    #1
    Registered Users, Registered Users 2 Posts: 20,470 ✭✭✭✭


    hi folkds just brainstorming at the moment wondering what to do with my life etc, basically ive passed all my exams and will be out of articles in september, ive trained with a big four in a dept that deals with small to medium sized indiginous co's so i would not have any funds experience, SOX experience or listed co experience,

    that aside my accounting skills per say would be better than if i were to have worked on larger clients all the time and i have seniored clients with over 100m turnover but they are private co's

    anyway auditing isnt for me in the future, its fine and im generally pretty good at it but it bores me, so im trying to decide what to do,

    i could stay in the company im in and get a transfer to corporate recovery (liquidations) or corporate finance, or i could just leave and try something else?

    Anyone been in the same position recently and what did u do?


Comments

  • Registered Users, Registered Users 2 Posts: 2,399 ✭✭✭kluivert


    Fund Accoutancy


  • Registered Users, Registered Users 2 Posts: 20,470 ✭✭✭✭Cyrus


    no way :) my girlfriend is involved in it sounds awful


  • Registered Users, Registered Users 2 Posts: 4,276 ✭✭✭damnyanks


    M&a ?


  • Closed Accounts Posts: 1,803 ✭✭✭dunkamania


    Cyrus wrote:
    no way :) my girlfriend is involved in it sounds awful


    Its worse than awful,18 of the suckiest months of my life doing fund accountancy.


  • Registered Users, Registered Users 2 Posts: 2,399 ✭✭✭kluivert


    Sorry to hi jack to thread, but what is so bad about fund accountancy.

    I was going to apply for a job in it in Drogheda.


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  • Closed Accounts Posts: 1,803 ✭✭✭dunkamania


    kluivert wrote:
    Sorry to hi jack to thread, but what is so bad about fund accountancy.

    I was going to apply for a job in it in Drogheda.


    I am not being completely fair.
    A lot of people find the work very boring/souldestroying.The turnover rate is very high,18 months would be longer than the average person stays doing it.

    Its not all bad,it pays well and if you dont mind the work you could make supervisor fairly easily within two years and be getting close to 40k.

    gl


  • Registered Users, Registered Users 2 Posts: 20,470 ✭✭✭✭Cyrus


    kluivert wrote:
    Sorry to hi jack to thread, but what is so bad about fund accountancy.

    I was going to apply for a job in it in Drogheda.

    i presume thats with IFS? if so they seem to be the best fund co, supervisors start on 40k and it goes up quickly, but i can be soul destroyin


  • Closed Accounts Posts: 3,807 ✭✭✭chump


    dunkamania wrote:
    Its not all bad,it pays well and if you dont mind the work you could make supervisor fairly easily within two years and be getting close to 40k.

    gl


    Why would a qualified accountant go this route when the starting sal. for a newly chartered accountant is 45-55k ?


  • Closed Accounts Posts: 1,803 ✭✭✭dunkamania


    chump wrote:
    Why would a qualified accountant go this route when the starting sal. for a newly chartered accountant is 45-55k ?

    Qualified accountants with a few years expierience would be looking to start as assitant managers or managers which would bring them roughly in line with
    their non fund accounting peers.


  • Registered Users, Registered Users 2 Posts: 1,667 ✭✭✭MartMax


    i think i'm keeping meself in practice for a while, get the practice and audit cert and hang it on the wall. and change job! :D


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  • Registered Users, Registered Users 2 Posts: 2,399 ✭✭✭kluivert


    dunkamania wrote:
    I am not being completely fair.
    A lot of people find the work very boring/souldestroying.The turnover rate is very high,18 months would be longer than the average person stays doing it.

    Its not all bad,it pays well and if you dont mind the work you could make supervisor fairly easily within two years and be getting close to 40k.

    gl

    I dont mind repetitive work, i dont mind working hard.


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