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Topic: Accountant 1 ( Topic Closed)
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Mtaylo24 Contributor
Joined: 06 Jun 2010
Online Status: Offline Posts: 72
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Posted: 12 Sep 2011 at 19:32 | IP Logged
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malora88 wrote:
I think 30-35k is the starting salary for a regular job in accounting I'm in FL) with no experience and just out of college. I landed my first job about 3 mos ago as staff accountant at a private university, starting at 39K. I graduated in May, no experience, but I'm studying for the CPA exam to take it next year. PA jobs start in the low 40's with no experience.
In the last few weeks all I've done is study at work or surf the web because they decided I had no experience to help them with the audit preparation and everyone seems to be stressed about this. All I did was a PPE schedule that took me 3 days and went through invoices for 2 days. Las 3-4 weeks I'm just sitting here like an idiot...lol...but they pay me..so...I keep quiet.. |
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Same here, I'm a staff accountant making $17.75 an hour, so that would be 36920 plus overtime for month end close and incentives, so probably close to 40k. I don't do anything at work, we had E and Y over today, i just sat on my ass, my controller didn't call me or check on me at all lol...oh well, if they don't care, i dont either...They only need me for month-end close, everything else in between is just killin time...
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malora88 Contributor
Joined: 27 Nov 2010 Location: United States
Online Status: Offline Posts: 62
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Posted: 13 Sep 2011 at 12:28 | IP Logged
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Mtaylo24 wrote:
malora88 wrote:
I think 30-35k is the starting salary for a regular job in accounting I'm in FL) with no experience and just out of college. I landed my first job about 3 mos ago as staff accountant at a private university, starting at 39K. I graduated in May, no experience, but I'm studying for the CPA exam to take it next year. PA jobs start in the low 40's with no experience.
In the last few weeks all I've done is study at work or surf the web because they decided I had no experience to help them with the audit preparation and everyone seems to be stressed about this. All I did was a PPE schedule that took me 3 days and went through invoices for 2 days. Las 3-4 weeks I'm just sitting here like an idiot...lol...but they pay me..so...I keep quiet..
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Same here, I'm a staff accountant making $17.75 an hour, so that would be 36920 plus overtime for month end close and incentives, so probably close to 40k. I don't do anything at work, we had E and Y over today, i just sat on my ass, my controller didn't call me or check on me at all lol...oh well, if they don't care, i dont either...They only need me for month-end close, everything else in between is just killin time...
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Same here. Plante & Moran is here all week doing the audit. I don't know what's the point of having me here. Obviously they think that just because I come right out of college I don't know anything. I probably know more than the other accountants who can't even figure out a journal entry and who spend the entire day working on reconciliations and say they are so "stressed out". I'm just gonna wait until Dec when I finish the class I'm taking and will start applying at PA firms. In the meanwhile I will use this time to prepare for the CPA Exam.
When I was hired I was told I would be busy. I was busy for 5 weeks, then it just sucks. All I've learned is that their accounting sucks as well as their internal controls. I don't know how they get an unqualified opinion, maybe the 100k is good enought to keep the auditors happy. I think we had already posted about this...but oh well..who cares..we have nothing better to do..These people here think they've been touched by god....lol...funny place...horrible job..
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timetojoin2010 Newbie
Joined: 25 Aug 2010
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Posted: 13 Sep 2011 at 21:17 | IP Logged
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stormyhotel wrote:
Congrats for landing a job. I must say though your
"starting Salary" is definitely a reality check for me. Am
sure am not alone in my expectation that cpa's earned
relatively higher starting pay. I know of a recent
accounting major grad making $45000 in this economy! so
please can you elaborate more.. are u a CPA?, state? work
history? promise for a trip to Rome every year? Am
studying for Reg right now and am sorry but $35k is not
really a motivation! |
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I graduated in 2008 and I'm making $55,000 annual. Maybe that's more of a motivation? :) I'm a senior accountant working in the financial industry but not done with the CPA exam yet.. I actually think my salary is a bit low.. but the experience I'm gaining and all that I'm learning is worth sticking around for another year or so. However, my goal is to be making 6 figures in 3 years.
Majestic congrats!! In this economy, that's not bad at all! I started with $37k.
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soc09 Regular
Joined: 08 Oct 2009 Location: United States
Online Status: Offline Posts: 178
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Posted: 16 Nov 2011 at 12:13 | IP Logged
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malora88 wrote:
[QUOTE=Mtaylo24] [QUOTE=malora88]
I don't know what's the point of having me here. Obviously they think that just because I come right out of college I don't know anything. I probably know more than the other accountants who can't even figure out a journal entry and who spend the entire day working on reconciliations and say they are so "stressed out". I'm just gonna wait until Dec when I finish the class I'm taking and will start applying at PA firms. In the meanwhile I will use this time to prepare for the CPA Exam.
When I was hired I was told I would be busy. I was busy for 5 weeks, then it just sucks. All I've learned is that their accounting sucks as well as their internal controls. I don't know how they get an unqualified opinion, maybe the 100k is good enought to keep the auditors happy. I think we had already posted about this...but oh well..who cares..we have nothing better to do..These people here think they've been touched by god....lol...funny place...horrible job..
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What an accurate observation. This must be true for 99% of nonpublic accounting.
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Kfan Major Contributor
Joined: 02 Oct 2009
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Posted: 16 Nov 2011 at 13:47 | IP Logged
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Yeah, just keep trashing other accounting if it makes you feel better.
In the meantime, I will keep enjoying my 40 hour work weeks, relaxed
environment, and work free weekends.
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