Decent Paying Trainee Accountant Roles?

batman_oh

I'm a graduate of Trinity College and am currently working in payroll but have decided to move towards accoutning because the career prospects seem much better.
I'm not havin much luck with regards to finding good trainee financial accountant roles, I'm perhaps too fussy in that i want to not drop huge amounts of salary to do so. I would be hoping for about 25k.
Is that unreasonable for a trainee ACCA role?

eth0_

From what i've read on here, trainee accountants are paid a pittance. One guy I think is on 12 grand, pretty much minimum wage.

kluivert

Think again lad

That 12k was me.

Now on 20k after two and half years.

Decent pay is in D2.

Most firms will pay for your exams and study leave so thats another couple of grand on top.

You dont start to make the big bucks till your qualified.

If you want a good wage try industry.

Moonbeam

Apply to the big 5 and see what happens,or maybe get an accounts job and then talk to them about trianing to become an accountant.

Manny7

You could expect to make that much as a trainee accountant in one of the banks in Dublin. You won't get anywhere near as much study leave, and you'd probably be encouraged to do the ACCA rather than the ACA or CIMA, but your starting salary would be in the 20s. Three years to pass the exams and then on to real money.

chump

for ACCA look at
http://www.premier.ie/premierie/files/ACCA_Salary_Guide_2005web.pdf

In general if you want a well payed Trainee position join the big4 or similar co's. Your salary will raise each year, and with two (if you've passed FAE's) it will be very good. You will start on ~ 21.5k in dublin in a big4/5/6 studying ACA.
After a year expect a small increase -> 24/25k.
Further increases will depend on exam stage and progress through junior/semi-s/senior etc. levels. I believe.

All in all, after 2 or 3 years you should be on good money if you stick with it and get in to begin with.

shoegirl

The wages seem very low but bear in mind they are trainee wages and that you will jump up hugely once qualified. Indeed industrial wages appear to be better but there is a huge problem with people getting industrial jobs with few or no qualificiations, working up to good money, but getting no additional training and then if the company folds, it leaves loads of low skilled people jobless.

Unfortunately one of the side-effects of wage hikes of recent years is that the ladder has been more or less pulled up for entry level positions, which these days tend to be very low paid. What I think has happened is that higher grade overpaid employees are draining the coffers so dry there is almost nothing left to pay those at lower levels.

Running Bing

How are the wages in accounting once qualified i.e. how do they progress after 5 years pqe, 10 years pqe, 15 years pqe etc. Also how difficult is it to get into a big four firm assuming you have a good degree with good results? Anyone have any idea of the apllicant to placs ratio.

Moonbeam

I have ICAI qualified friends some didn't get anything major when they passed but had being earning relatively well anyway,others were earning only ok and got up to a 10k rise when they passed.

charba

i've just finished accounting and finance in DCU. And I learned pretty soon that the biggest money is in industry for trainee accountants.

I am sitting CPA exam's which the company ae paying for them however as pointed out the exam leave isn't good. I'll only be getting one day off per exam and a day off before the exam.

It really depends what you want to do though, if you want to be an auditor going into practice is more advisable but if you want to be an accountant then perhaps look into industry.