Skip to main content

choosing your sector

I have a question about new hires. If an individual is hired into audit can they select the sector they wish to work in? Or are you assigned a certain sector? I personally would love to audit either manufacturing, or oil and gas. 

 For some of the Firms, you "choose" a sector,  and your clients will primarily be in that space. I say "choose" because it sometimes depends on the Firm's needs. If everyone chooses banking, they will have to move you to a different industry group since every industry has needs.

 In Firms like PWC, you are assigned sectors (yea you can "choose" but let's be real, all about demand and supply). In certain other Firms, you can ask to be in certain sectors, but it depends on whether there's a need there to be honest. So if you want to be in oil & gas, reach out to the senior  associates on those teams, and ask to be placed on them. Or try your scheduling liasons. Be aggressive as soon as you join, and this will go a long way in helping you get the sector you want. Nothing will come to you at these Firms, don't wait on your butt wishing for the right thing to happen, go grab it with both hands.

Comments

Anonymous said…
You're back! Been checking the blog from time to time.

Is having a CPA absolutely crucial when thinking about leaving big 4 public accounting for private/industry? How important is it to get that CPA done?
December 23, 2012 at 2:00 PM
Anonymous said…
PWC actually does let you choose your industry preference when hiring you.
December 29, 2012 at 5:41 AM
katy persy said…
Hey, would you please help me to complete my questionnaire ? :)
https://docs.google.com/spreadsheet/viewform?formkey=dGNhdmIxUTd6c0JSS2RzYmNXalBKREE6MQ

Thanks a bunch :D
January 14, 2013 at 7:01 AM
Roly David Pozo Moran said…
Very Goog

http://audiwords.blogspot.com/
April 25, 2013 at 5:52 PM
Post a Comment

Popular posts from this blog

ADP/Payroll

Just realized that the very payroll/adp reports we all enjoyed looking at in order to see how much our client contacts made, now seem to piss me off. Especially when your main contact, who couldn't tell a debit from a credit, makes significantly more than you, and leaves at 5. It's almost guaranteed to get you in a foul mood and yak with your team about the ridiculous salaries that certain employees get when compared to yours.
36 comments
Read more

should you choose to audit financial services?

I'm trying to decide whether to audit financial services companies or non-financial services companies. What would you say are the pros and cons of either industries? Do individuals who choose non-FS have less career mobility within the firm or if they decide not to stay with the B4 after a few years? Really depends on what you'd like to do after (unless you really love auditing). If you want to a controller,etc. at a p/e firm or a hedge fund down the road, you'd want to go into financial services. The pay won't be too bad, especially if you get a share of the insane bonuses they dole out. If you want to audit industries with tangible products and want to get a better understanding of the operations of such businesses, then other industries are the way to go.In terms of mobility outside the firm, auditing other industries is the way to go since you have plenty of options when you exit the audit world. For example, in 2008, after Lehman collapsed, it was incredibly hard
47 comments
Read more

auditing vs consulting

I was wondering if you could break down the career opportunities in auditing and consulting (in a big 4). I know that consulting pays more in a big 4 and has more interesting work, but it seems that auditing has extremely good exit opportunities (Financial controller, CFO etc). Any thoughts on which is better in the long run? Well there's different consulting services offered by public accounting companies - the most popular being IT consulting and risk consulting. There are also other consulting services offered, but these two hire the most. Do they pay more? Yes, but not by much. Not enough for you to say: Shoot, the $$ is a huge reason for me to move over. Is the work more interesting than audit? Yes. You're actually looking over a company's processes and telling them what to do instead of what not to do (audit). Everyone I know who's made the switch likes it waay better than audit. In the long run though, choosing audit vs consulting really depends on what you want
66 comments
Read more