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Jobs After Public Accounting

Author: Moe Harrison /Thursday, September 18, 2014/Categories: SNI Companies, SNI Financial, Financial Staffing, For Job Seekers, SNI Certes, Financial Staffing, For Job Seekers, Accounting Now

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It is no secret that public accounting can be demanding. Long hours, intense pressure during busy season and frequent travel are all part of the job. While some accountants thrive in this environment, others face burn-out after only a few years.

In the end, a very low percentage of those who start in public actually stay to make Partner. The good news is that public accounting is a fantastic training ground, and experienced accountants are highly sought after and well compensated.

If or when you are thinking of moving out of public accounting and into industry, there are a several avenues open to you. Here are a few positions to consider:

  • Internal Audit
    The scope of internal auditing is broad and may involve the efficiency of operations, IT controls, the reliability of financial reporting, deterring and detecting fraud, and compliance with laws and regulations. Its focus on bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes make this a great career consideration for public accountants.

    Corporate Accounting
    Depending upon your experience, public accountants can help consolidate information for financial reporting in senior level reporting roles. You can also be assigned to a product line or business unit as a Financial Analyst where you will help management set up profit objectives, analyze current unit results, and anticipate future financial performance. Public accountants who join a corporate team can also go in as general accountants and typically do so at a senior level or above based on their total years of experience in public accounting. In this role you are responsible for producing all of the financial records a corporation uses to track its progress internally and to comply with government regulations. You will also track the corporate budget, cash flow, and invoicing.

    Finance
    Finance professionals work with business teams to prepare financial plans, make forecasts, and compare actual financial results to forecasts. Responsibilities include everything from analyzing new business opportunities to restructuring a business or developing a capital spending program. The primary objectives are to find better ways of using company assets, reducing costs, and researching better methods of forecasting. All of these duties are a great match for public accounting skills.

Every industry from manufacturing and entertainment to healthcare and transportation needs accounting talent. Each day controllers, CFOs, financial managers, and other financial professionals in tax and internal audit contribute to financial strategies - playing a role in their employer’s long-term success. If you are looking for a chance to focus on only one “client” and use your knowledge and skills to help an organization thrive, then the change to a private industry accounting position might be right for you.

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Moe Harrison
Moe Harrison

Moe Harrison

Moe Harrison is a Regional Vice President with SNI. With more than 15 years’ experience in recruiting and personnel management, Moe has a unique perspective on the top issues and concerns of employers and candidates in the accounting and finance fields.

Other posts by Moe Harrison
Contact author Full biography

Full biography

Moe Harrison is a Regional Vice President with SNI. With more than 15 years’ experience in recruiting and personnel management, Moe has a unique perspective on the top issues and concerns of employers and candidates in the accounting and finance fields.

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