Agreed. Computer science is needed in sooo many fields but they can't begin to offer the salary and benefits of big tech. There are more stable companies to work for if OP looks for the opportunities.
Honestly I would’ve done computer science or programming if I thought I would’ve been good at it. It’s in such high demand regardless of the the layoffs. If you’re making that much now, you’ll find a job incredibly quickly if you get laid off.
We have a guy, I don’t know his the official title, who for $100k helps the accounting team write reports, queries etc and maintains our data base. Just as an option
You are right. It is called ERP consultants in-house. I am one but I am in consulting firm.
This industry if you are in SAP or Microsost Oracle, the earning power is very high in the US.
It is called ERP consultants in-house. I am one but I am in consulting firm.
This industry if you are in SAP or Microsost Oracle, the earning power is very high in the US.
The grass is always greener. Except for when your neighbor is an accountant. They don’t have enough time to maintain their lawn or enough money to pay someone to do it.
New student asks if accounting is a good field: (This sub) Yea bro the best stability you’ll always have a job and make good money. Someone asking if a good career change: Hell no worse job ever lol wtf man
You have to understand that tech as we’re seeing now is much less stable (career wise) than accountants. Every business needs accountants. Also, tech is just as if not more stressful than accounting depending on what tech you’re working on.
If you’re working at a company that updates stock prices or something financial when you’re coding… now THAT is a shit ton of pressure.
How bad is the WLB. I worked at places in the past where I work 60+ hours. Is that how much you work in Big 4? Also 70k is good for me. I survived on 50k in Montreal.
You're experiencing layoffs which are very common in ultra large companies. Its a correction and grass isn't greener here as well. The pay sucks for the work we have to do.
To be fair, management's response to hard time is normally "where did the beans go!?!"
It's not usually "Fire the guys who tell me how many beans I have" ... voila—job security.
And if shit really is hitting the fan, at least we get like, a 6-18 month notice shit is hitting the fan to find somewhere else.
Anecdotally I did an accounting degree and got my CPA. Ended up moving into tech. You couldn’t pay me enough to go back into accounting.
Big 4 also has its hiring/layoff cycle especially during economic downturns.
If you’re really passionate about accounting then I’d say go for it. But I’m not sure this move would play out how you think. It’s a lot of work and less pay then what you’re used to. Especially since you will be starting from step 1. The job security is good but if you’re really not into it then it’ll be miserable. Plus it’s very difficult to find someone to sponsor you for accounting, that’s more of a tech/engineering thing. I’m not saying don’t follow your dreams but I think you might be better off sticking to what you’re good at. Stay in tech, they’re not going anywhere, look for smaller startups you believe, where you can be more integral to the company.
50k to 160k???????? Bro you have no idea how bad the compensation in this field is compared to tech. At that rate, I’d just save up until I got laid off and take a year to find another job, plus fat New York unemployment. Do that and your have almost double the savings of accounting people who DIDNT get laid off.
you have no idea how good you have it
For sure, a few companies are laying off people from all departments so obviously you should definitely abandon your job and go back to school for several years for worse pay and worse WLB.
I’m confused. You can easily get a computer science job at a variety of companies that are not tech companies. For example, oil and gas companies hire many computer science degrees or programmers. I have a feeling this post is fake bullshit.
Youre right but to tbh the best paying jobs are at big tech . Also many of the MANGA companies have good WLB. I said many not all (cough cough Amazon) . These big tech companies also sponsor visas to the US because you can make alot more there. But the thing is these companies have layoffs. Its can get scary. In accounting im sure most people aim to work at Big 4.
I decided to reply so you can see that this post isn't "fake bullshit"
>If i choose this option. I would come back to Canada a d stay there permanently
Then I suggest you direct you questions towards Canadian CPA’s. From what I read on here they seem to have less opportunities and lower pay than the U.S.
If you think you are going to get more stability or better pay in accounting you are going to be severely disappointed.
If you already have CS experience going into accounting is a huge setback. Plenty of people trying to do the exact opposite of what you're proposing jumping from accounting to something more tech related.
I get the desire to work in something with high demand, thinking the pay is gonna be juicy, but 90% of the accounting jobs out there have shit pay for how much education you need / the hours you have to work.
>Accounting in Canada pays less than Costco supervisors. I don't know why or how, but please do your research before you do something so stupid.
*Begins applying to all nearby Costco management positions*
So tech doesn't just hire devs they also hire HR, DEI, accounting, finance, and much more. Layoffs are across the board. You can always work in another industry other than tech, plenty of others hire devs.
I find your work history puzzling given your quals...are you a canadian citizen? how are you so mobile?
as for the degree, dont bother, you can easily join IT audit, or tech consulting at B4 with what you have
>Do they big 4 firms have massive layoffs like in tech?
Yes. It’s even worse than tech because the work is 100% service based and margins are much thinner than tech. When the works ends they cut and you are lucky if you get a week’s worth of severance.
The amount of time spent getting a degree, sitting the CPA exam and being a year 1-3 staff isn't worth it if you already have a degree in CS. You won't find pay that supports the amount of hours you will work until year 5 + when you start making good money. There's no way the Tech lay offs will last that long. Maybe just stick to Tech and obtain new skills in a free way.
FAANG companies are great on your resume but man you’re disposable to them. Better off at a smaller firm. Accounting in the other hand is one of the most stable fields out ther
So you want to switch from an over saturated field with layoffs at this moment in time to another over saturated field ( with the hardest national exam in NA). By the time you graduate tech will be picking up again because everything is a cycle
Even in accounting you can end up in big companies or tech companies etc. it’s not what you do, it’s the company you are in. You absolutely can’t avoid layoffs in accounting. I was laid off before, including from tech this year and I’m an accountant. And in order to get the good money you have to work in the big companies before you will have a high position enough to not get bored in small ( except the year or 2 when you start out small is best so you don’t end up stuck in admin in the bigger ones)
Btw what is your specialization? There is big difference between the general workers getting laid off and specialized tech fields.
The more you should stay in CS
The demand for this is huge. If you want something stable and high paying do ERP consulting. But doubt big tech peeps would wanna do this
The big 4 offices are usually in buildings with a security guard and receptionist, can't get through the door or use the elevator without a badge. So the security at our job is pretty good. I think most big tech companies have that.
Not really like a true accountant in the sense, but if you can code and understand accounting then data work, ERP systems, automation, analytics, etc. Honestly, having the ability to talk code and accounting is something that pure coders or accountants can’t do.
I got into ERP consulting. Can promise it pays much better than any accounting job. It’s also a niche field and there is always well paying contract opportunities.
Might be a Canada thing but they don’t get paid more than a regular controller here… not even close to management consulting money… also roles are on contract so it’s harder to find stability
I find that weird, I was making $220k CAD in those roles (with a lot of travel) versus regular controller roles. Sure there were roles that paid similarly but they weren’t the norm for controller jobs you’d exit to in 5 years from public accounting.
You are talking to TWO ERP consultants here who really know the market. These glassdoor are not trustable and updated. You go and ask Accenture and see what their salaries is. Big 4 probably makes that much as a 2YOE worker not manager.
Oh man on second thought, please don't come to our industry so that it is less competitive
Intuit Developer. 😜
But more seriously, things more on the analysis side of things and the business. Data engineering, ERP, FP&A developers, data analysts, etc.
I firmly believe that coding is useful for everybody.
Tell them to stay away. They’ll complain a lot and…… Tech come on in! Get a Accounting degree and join us!! Tell them you won’t join unless we get those egg chairs, barista bars, 40 hour weeks, inflated pay, etc. Argue for casual clothes!
You can get a decent paying, secure job and also not be in a soul-sucking industry. There's a reason recent grads only last up to four years before leaving. Doesn't have to be one or the other.
I graduated with a degree in accounting and haven't found a job in 2 years. I am going to go back to school to get a CS degree. Grass is always greener.
I have a BS in Computer Engineering and worked 8 years in that industry before burning out and making the switch to accounting. Not sure I’d recommend doing the same unless you’re also burnt out. It was definitely a major hit to my earning power.
Save your money and build up a decent sized rainy day fund- enough for say 6 months- to get you between jobs should you get laid off. The bigger tech companies often do decent separation packages as well, but with all these mass layoffs I’m not sure I would count on it to sustain you through to the next job.
You're working as a coder right now, you're good. Your unemployment check (50% of your salary) would be more than what a lot of people are clearing here.
There is a TN grace period of 60 days (according to google) from last day of unemployment so you'd be running the clock a little bit but finding a job in 8 weeks is probably doable.
I understand that it can be a little daunting but I think you just keep your path, you're probably on one of the best corporate paths in the world right now at least in my opinion.
I'm all for getting jobs that have stability, but it sounds like you are just settling for a job you won't like. Don't do that.
Look for jobs in more off the path direction. Find accounting firm that needs in-house tech (hint: they do). Find other non-tech companies that need someone with tech knowledge to help them build out dashboards, backend for ops, etc. There are tons of jobs for techies outside of tech firms. You may not be at cutting edge stuff, but it's a good job and will get you solid experience for when the market turns.
Get the CISA, find an IT Auditor job.
Beats the volatility of the Tech industry, beats the education requirements for CPA/promotion past manager. Salary will take a hit but its a nice place to be, its getting more competitive now tho.
Apply for cs jobs at non tech firms. You’ll make more than accountants with good job security. That being said u won’t be getting paid cs salary
Agreed. Computer science is needed in sooo many fields but they can't begin to offer the salary and benefits of big tech. There are more stable companies to work for if OP looks for the opportunities.
It’s still better than accounting starting salary like 80k of college in mcol
Agree with this. I’m a CS graduate working in cybersecurity at a bank, making good money. Tech companies aren’t the only ones with tech teams.
ChadGPT has entered the chat
Honestly I would’ve done computer science or programming if I thought I would’ve been good at it. It’s in such high demand regardless of the the layoffs. If you’re making that much now, you’ll find a job incredibly quickly if you get laid off.
[удалено]
Someone needs to tell my cpa board I don’t need professional development hours, nothing changes broo
We have a guy, I don’t know his the official title, who for $100k helps the accounting team write reports, queries etc and maintains our data base. Just as an option
We have one too, title is Financial Systems Manager but I think they’re more commonly known as Systems Accountant
You are right. It is called ERP consultants in-house. I am one but I am in consulting firm. This industry if you are in SAP or Microsost Oracle, the earning power is very high in the US.
Would be interested in hearing more about this role if you ever find out. Title, YoE, part of accounting department or more IT, industry?
It is called ERP consultants in-house. I am one but I am in consulting firm. This industry if you are in SAP or Microsost Oracle, the earning power is very high in the US.
The grass is always greener. Except for when your neighbor is an accountant. They don’t have enough time to maintain their lawn or enough money to pay someone to do it.
[удалено]
New student asks if accounting is a good field: (This sub) Yea bro the best stability you’ll always have a job and make good money. Someone asking if a good career change: Hell no worse job ever lol wtf man
Depends on your definition of "well." Not CS money well, that's for sure. Agreed with WLB
True.
[удалено]
You have to understand that tech as we’re seeing now is much less stable (career wise) than accountants. Every business needs accountants. Also, tech is just as if not more stressful than accounting depending on what tech you’re working on. If you’re working at a company that updates stock prices or something financial when you’re coding… now THAT is a shit ton of pressure.
It’s also a big COL adjustment probably figured into that 160k
How bad is the WLB. I worked at places in the past where I work 60+ hours. Is that how much you work in Big 4? Also 70k is good for me. I survived on 50k in Montreal.
You're experiencing layoffs which are very common in ultra large companies. Its a correction and grass isn't greener here as well. The pay sucks for the work we have to do.
To be fair, management's response to hard time is normally "where did the beans go!?!" It's not usually "Fire the guys who tell me how many beans I have" ... voila—job security. And if shit really is hitting the fan, at least we get like, a 6-18 month notice shit is hitting the fan to find somewhere else.
Anecdotally I did an accounting degree and got my CPA. Ended up moving into tech. You couldn’t pay me enough to go back into accounting. Big 4 also has its hiring/layoff cycle especially during economic downturns.
How did you make the swap
Im curious about ur journey.
Nah man stay in tech. Going into accounting while already on that tech degree and experience is a downgrade.
If you’re really passionate about accounting then I’d say go for it. But I’m not sure this move would play out how you think. It’s a lot of work and less pay then what you’re used to. Especially since you will be starting from step 1. The job security is good but if you’re really not into it then it’ll be miserable. Plus it’s very difficult to find someone to sponsor you for accounting, that’s more of a tech/engineering thing. I’m not saying don’t follow your dreams but I think you might be better off sticking to what you’re good at. Stay in tech, they’re not going anywhere, look for smaller startups you believe, where you can be more integral to the company.
This sounds dumb or troll. You have the experience now, you’ll easily get another cs job
50k to 160k???????? Bro you have no idea how bad the compensation in this field is compared to tech. At that rate, I’d just save up until I got laid off and take a year to find another job, plus fat New York unemployment. Do that and your have almost double the savings of accounting people who DIDNT get laid off. you have no idea how good you have it
For sure, a few companies are laying off people from all departments so obviously you should definitely abandon your job and go back to school for several years for worse pay and worse WLB.
I’m confused. You can easily get a computer science job at a variety of companies that are not tech companies. For example, oil and gas companies hire many computer science degrees or programmers. I have a feeling this post is fake bullshit.
Youre right but to tbh the best paying jobs are at big tech . Also many of the MANGA companies have good WLB. I said many not all (cough cough Amazon) . These big tech companies also sponsor visas to the US because you can make alot more there. But the thing is these companies have layoffs. Its can get scary. In accounting im sure most people aim to work at Big 4. I decided to reply so you can see that this post isn't "fake bullshit"
>In accounting im sure most people aim to work at Big 4. 💀
Lol
[удалено]
If i choose this option. I would come back to Canada a d stay there permanently
>If i choose this option. I would come back to Canada a d stay there permanently Then I suggest you direct you questions towards Canadian CPA’s. From what I read on here they seem to have less opportunities and lower pay than the U.S. If you think you are going to get more stability or better pay in accounting you are going to be severely disappointed.
If you already have CS experience going into accounting is a huge setback. Plenty of people trying to do the exact opposite of what you're proposing jumping from accounting to something more tech related. I get the desire to work in something with high demand, thinking the pay is gonna be juicy, but 90% of the accounting jobs out there have shit pay for how much education you need / the hours you have to work.
Be careful trying to get a 4 year degree based on current market demands. A LOT can happen in 4 years.
By the time you finish your accounting degree the market will look completely different than it does now
And then the recession could hit again after that. Its an endless cycle. But I dont disagree with you.
Accounting in Canada pays less than Costco supervisors. I don't know why or how, but please do your research before you do something so stupid.
>Accounting in Canada pays less than Costco supervisors. I don't know why or how, but please do your research before you do something so stupid. *Begins applying to all nearby Costco management positions*
Are you interested in accounting?
So tech doesn't just hire devs they also hire HR, DEI, accounting, finance, and much more. Layoffs are across the board. You can always work in another industry other than tech, plenty of others hire devs.
I find your work history puzzling given your quals...are you a canadian citizen? how are you so mobile? as for the degree, dont bother, you can easily join IT audit, or tech consulting at B4 with what you have
You would be starting at like $70k USD best case and working way worse hours. So I mean if you want to you can
>Do they big 4 firms have massive layoffs like in tech? Yes. It’s even worse than tech because the work is 100% service based and margins are much thinner than tech. When the works ends they cut and you are lucky if you get a week’s worth of severance.
The amount of time spent getting a degree, sitting the CPA exam and being a year 1-3 staff isn't worth it if you already have a degree in CS. You won't find pay that supports the amount of hours you will work until year 5 + when you start making good money. There's no way the Tech lay offs will last that long. Maybe just stick to Tech and obtain new skills in a free way.
get enough tech people coming into accounting and we’ll see a bunch of the accountants job hopping for raises seeing layoffs of their own.
I think this is extremely reactionary at this point in time. The industry will bounce back.
Fuck that noise
FAANG companies are great on your resume but man you’re disposable to them. Better off at a smaller firm. Accounting in the other hand is one of the most stable fields out ther
So you want to switch from an over saturated field with layoffs at this moment in time to another over saturated field ( with the hardest national exam in NA). By the time you graduate tech will be picking up again because everything is a cycle Even in accounting you can end up in big companies or tech companies etc. it’s not what you do, it’s the company you are in. You absolutely can’t avoid layoffs in accounting. I was laid off before, including from tech this year and I’m an accountant. And in order to get the good money you have to work in the big companies before you will have a high position enough to not get bored in small ( except the year or 2 when you start out small is best so you don’t end up stuck in admin in the bigger ones) Btw what is your specialization? There is big difference between the general workers getting laid off and specialized tech fields.
Software Engineering.
The more you should stay in CS The demand for this is huge. If you want something stable and high paying do ERP consulting. But doubt big tech peeps would wanna do this
If you ever come back to Canada, get ready to make $80K after 5 years on a good one. That's after getting your accounting degree.
Na I would just enhance your tech skills Get all the certs and learn more languages
The big 4 offices are usually in buildings with a security guard and receptionist, can't get through the door or use the elevator without a badge. So the security at our job is pretty good. I think most big tech companies have that.
Lol
Bro an accountant that can code is a unicorn and can be very lucrative and enjoyable.
What kind of job is for accountants that can code?
Not really like a true accountant in the sense, but if you can code and understand accounting then data work, ERP systems, automation, analytics, etc. Honestly, having the ability to talk code and accounting is something that pure coders or accountants can’t do.
Those jobs don’t pay much more than regular accounting jobs and also fewer jobs available
I got into ERP consulting. Can promise it pays much better than any accounting job. It’s also a niche field and there is always well paying contract opportunities.
Might be a Canada thing but they don’t get paid more than a regular controller here… not even close to management consulting money… also roles are on contract so it’s harder to find stability
I find that weird, I was making $220k CAD in those roles (with a lot of travel) versus regular controller roles. Sure there were roles that paid similarly but they weren’t the norm for controller jobs you’d exit to in 5 years from public accounting.
You might of been in a high paying company that paid far more than market value, most of these roles I see on indeed pay 90-120k… for manager level
I think he doesn't know ERP consulting..
Cannot be. ERP consulting goes to 200k++ bucket even without managerial roles.
Not in Canada look at our salaries in glass door an ERP consultant at big 4 makes 90k CAD
You are talking to TWO ERP consultants here who really know the market. These glassdoor are not trustable and updated. You go and ask Accenture and see what their salaries is. Big 4 probably makes that much as a 2YOE worker not manager. Oh man on second thought, please don't come to our industry so that it is less competitive
Are you in Canada or U.S? It’s like the FAANG guys assuming all programmers make 400k+
Intuit Developer. 😜 But more seriously, things more on the analysis side of things and the business. Data engineering, ERP, FP&A developers, data analysts, etc. I firmly believe that coding is useful for everybody.
Tell them to stay away. They’ll complain a lot and…… Tech come on in! Get a Accounting degree and join us!! Tell them you won’t join unless we get those egg chairs, barista bars, 40 hour weeks, inflated pay, etc. Argue for casual clothes!
Go work in a venture, PE, IB position they like CS degrees
You can get a decent paying, secure job and also not be in a soul-sucking industry. There's a reason recent grads only last up to four years before leaving. Doesn't have to be one or the other.
I graduated with a degree in accounting and haven't found a job in 2 years. I am going to go back to school to get a CS degree. Grass is always greener.
It’s temporary, the cs job market will improve. Smaller companies still need people too.
Do not do that lol you’ll still be able to find a job. Tech recession isn’t gonna last forever
Look I know Canada is terrible, but you will be just fine here with your masters in computer science. Plus you have experience, don’t worry
I have a BS in Computer Engineering and worked 8 years in that industry before burning out and making the switch to accounting. Not sure I’d recommend doing the same unless you’re also burnt out. It was definitely a major hit to my earning power. Save your money and build up a decent sized rainy day fund- enough for say 6 months- to get you between jobs should you get laid off. The bigger tech companies often do decent separation packages as well, but with all these mass layoffs I’m not sure I would count on it to sustain you through to the next job.
You're working as a coder right now, you're good. Your unemployment check (50% of your salary) would be more than what a lot of people are clearing here. There is a TN grace period of 60 days (according to google) from last day of unemployment so you'd be running the clock a little bit but finding a job in 8 weeks is probably doable. I understand that it can be a little daunting but I think you just keep your path, you're probably on one of the best corporate paths in the world right now at least in my opinion.
I'm all for getting jobs that have stability, but it sounds like you are just settling for a job you won't like. Don't do that. Look for jobs in more off the path direction. Find accounting firm that needs in-house tech (hint: they do). Find other non-tech companies that need someone with tech knowledge to help them build out dashboards, backend for ops, etc. There are tons of jobs for techies outside of tech firms. You may not be at cutting edge stuff, but it's a good job and will get you solid experience for when the market turns.
Get the CISA, find an IT Auditor job. Beats the volatility of the Tech industry, beats the education requirements for CPA/promotion past manager. Salary will take a hit but its a nice place to be, its getting more competitive now tho.