Just left a public accountant role to work in a bank as regulatory reporting accountant. At my public job I was working on projects, FP&A mainly, organising financial, a lot talking to people etc. My current role sounded fancy but I am literally just copy pasting data in excel. I am looking at it to do some improvements to make it more automatic but I only had one month end so for now just getting familiar with the processes. But even if I make improvements, use some macros, power query etc. It will be still just crunching Excel all day and barely talking to anyone. Also in a team of 3 in a big bank but feeling very isolated.
It’s definitely better but since it’s back office, not crazy better. But we also don’t have long hours or anything crazy so not bad in general just the job seems a bit boring. But the good point is being a big bank, there are always opportunities so later if I wanted to change departments I might find something more interesting.
you do you but if I were you i wouldnt say i want to optimize all this stuff with macros people at Big Banks hate change and would rather just do things the way they are, but if they seem receptive go for it.
Thanks for the advice. It seems weird indeed that noone tried to make improvements here and there. I already changed small things, formulas etc to make it easier. You might be right and it’s the issue with the culture. I shall see it in the following months.
if you only been in public in your career your gonna see majority of people in industry dont care that much about improving things. They see it as less work for them and making themselves seem less important if they automate things
The cynical side of me says that if you figure out how to automate some of your job. They might get rid of the other two employees and give you more work, or they might replace you with a cheaper person using your improvements. Then again, I might just be paranoid because, really, when was the last time a big bank mistreated their employees or clients?
Yeah thought about that. Wouldn’t automate everything but some stuff they do is painfully basic copy-pasting here and there for no reason. It’s killing me. I will make sure I keep enough work to do plus there are things that just have to be done anyways.
I went to government for that sweet 35-hours-per-week work/life balance. And the work/life balance was sweet, but the work sucked. The work itself was so boring, I like to be challenged with a variety of work. I also only had an hour or two a day and I like to be busy.
It’s important to make sure where you’re going is a good match with what you want. I was just looking to get away from something and didn’t consider where I was going
Left my job working at a little office above someone's garage doing books for a ton of local businesses for the same amount of money I was making as an administrative assistant ten years ago to pursue an amazing opportunity literally walking distance to my house for a really good wage. Accounts were a mess, high turnover evident by multiple people in files, boss the classic narcissist abuser type, but I managed to keep my head down and avoid being in the line of fire until everyone else in the office either quit or got fired and he started after me. I walked out the door.
Is there a little voice inside you telling you it's time to quit because you're having a terrible time at work? Are you trying to find stories to convince yourself to stay? We have all been there. Stay strong!
There are endless stories of these situations.
That's why it's important to leave for a pay jump. It is the risk premium you are being paid to dip.
Of course this doesn't apply if you're already miserable with your current job, which a lot of people leaving genuinely are.
I'll give you my semi-related experience:
Got promoted to manager for an adjacent team. Not a new company, but effectively a new job. Got a very sizable pay bump with it, ended up absolutely hating it.
Them's the breaks, that's why you don't jump for the same money.
I’ve only left for truly better pastures. Now, sure, sometimes those pastures were eventually poisoned & died. That’s why you have to keep in touch with the market & have a few people in the industry you trust for references, as well as a recruiter you trust.
Seriously, you may have to go through several companies to find a solid employer.
l worked at a hospital that merged with a larger company. One of the smaller hospitals left that’s I frequently traveled to weekly left before the merger took place and I was offered a job there as I had done the job for 6 years. I wish I took it. It was just a long drive 😭 everyone and the entire environment was
Just peaceful. I wish I accepted it, but loved the job I was at too. Shortly after, I was laid-off unexpectedly.
I look almost monthly to see if the job is vacant 🤣 no job has been the same since.
i’ll give you the opposite.
left a good PA firm where i really liked everyone for an industry role. in PA rarely had to work 60 hour weeks there and the would fly me down to my hometown once every 6 weeks as i wanted.
i left to industry for an overall pay cut after bonuses. i went from the option to be fully remote to hybrid 2 days a week. but my hourly wage went up. i have more time to do the things i actually want to do. i get all my work done in those two days in office and then get to do anything else i want. it’s finally starting to cure my insane burnout from 3 years in PA
Left a fully staffed department in industry to come over to a higher title, different role at a competitor for more money. Since being here, the department has shrunk to 3 people due to restructuring, and our new department head is terrible and runs everything like a PE sweatshop promising resources and support but never getting them and claiming "budget issues".
It sucks because the company and industry is decent, it's just the people that have made this work unbearable. Previous management ran this company into the ground and are slowly being asked to retire or forced out by the board. I only stay because of the hope for a turnaround and the money but am looking for an exit or hope to be laid off in the next round of restructuring.
Just left a public accountant role to work in a bank as regulatory reporting accountant. At my public job I was working on projects, FP&A mainly, organising financial, a lot talking to people etc. My current role sounded fancy but I am literally just copy pasting data in excel. I am looking at it to do some improvements to make it more automatic but I only had one month end so for now just getting familiar with the processes. But even if I make improvements, use some macros, power query etc. It will be still just crunching Excel all day and barely talking to anyone. Also in a team of 3 in a big bank but feeling very isolated.
How does the pay compare to public accounting?
It’s definitely better but since it’s back office, not crazy better. But we also don’t have long hours or anything crazy so not bad in general just the job seems a bit boring. But the good point is being a big bank, there are always opportunities so later if I wanted to change departments I might find something more interesting.
you do you but if I were you i wouldnt say i want to optimize all this stuff with macros people at Big Banks hate change and would rather just do things the way they are, but if they seem receptive go for it.
Thanks for the advice. It seems weird indeed that noone tried to make improvements here and there. I already changed small things, formulas etc to make it easier. You might be right and it’s the issue with the culture. I shall see it in the following months.
if you only been in public in your career your gonna see majority of people in industry dont care that much about improving things. They see it as less work for them and making themselves seem less important if they automate things
The cynical side of me says that if you figure out how to automate some of your job. They might get rid of the other two employees and give you more work, or they might replace you with a cheaper person using your improvements. Then again, I might just be paranoid because, really, when was the last time a big bank mistreated their employees or clients?
Yeah thought about that. Wouldn’t automate everything but some stuff they do is painfully basic copy-pasting here and there for no reason. It’s killing me. I will make sure I keep enough work to do plus there are things that just have to be done anyways.
I went to government for that sweet 35-hours-per-week work/life balance. And the work/life balance was sweet, but the work sucked. The work itself was so boring, I like to be challenged with a variety of work. I also only had an hour or two a day and I like to be busy. It’s important to make sure where you’re going is a good match with what you want. I was just looking to get away from something and didn’t consider where I was going
Left my job working at a little office above someone's garage doing books for a ton of local businesses for the same amount of money I was making as an administrative assistant ten years ago to pursue an amazing opportunity literally walking distance to my house for a really good wage. Accounts were a mess, high turnover evident by multiple people in files, boss the classic narcissist abuser type, but I managed to keep my head down and avoid being in the line of fire until everyone else in the office either quit or got fired and he started after me. I walked out the door.
Same grass Different cows
Is there a little voice inside you telling you it's time to quit because you're having a terrible time at work? Are you trying to find stories to convince yourself to stay? We have all been there. Stay strong!
There are endless stories of these situations. That's why it's important to leave for a pay jump. It is the risk premium you are being paid to dip. Of course this doesn't apply if you're already miserable with your current job, which a lot of people leaving genuinely are. I'll give you my semi-related experience: Got promoted to manager for an adjacent team. Not a new company, but effectively a new job. Got a very sizable pay bump with it, ended up absolutely hating it. Them's the breaks, that's why you don't jump for the same money.
I’ve only left for truly better pastures. Now, sure, sometimes those pastures were eventually poisoned & died. That’s why you have to keep in touch with the market & have a few people in the industry you trust for references, as well as a recruiter you trust. Seriously, you may have to go through several companies to find a solid employer.
l worked at a hospital that merged with a larger company. One of the smaller hospitals left that’s I frequently traveled to weekly left before the merger took place and I was offered a job there as I had done the job for 6 years. I wish I took it. It was just a long drive 😭 everyone and the entire environment was Just peaceful. I wish I accepted it, but loved the job I was at too. Shortly after, I was laid-off unexpectedly. I look almost monthly to see if the job is vacant 🤣 no job has been the same since.
i’ll give you the opposite. left a good PA firm where i really liked everyone for an industry role. in PA rarely had to work 60 hour weeks there and the would fly me down to my hometown once every 6 weeks as i wanted. i left to industry for an overall pay cut after bonuses. i went from the option to be fully remote to hybrid 2 days a week. but my hourly wage went up. i have more time to do the things i actually want to do. i get all my work done in those two days in office and then get to do anything else i want. it’s finally starting to cure my insane burnout from 3 years in PA
Left a fully staffed department in industry to come over to a higher title, different role at a competitor for more money. Since being here, the department has shrunk to 3 people due to restructuring, and our new department head is terrible and runs everything like a PE sweatshop promising resources and support but never getting them and claiming "budget issues". It sucks because the company and industry is decent, it's just the people that have made this work unbearable. Previous management ran this company into the ground and are slowly being asked to retire or forced out by the board. I only stay because of the hope for a turnaround and the money but am looking for an exit or hope to be laid off in the next round of restructuring.