9 Things That Increased My Accounting Salary By Over 100% Over The Last 6 Years!

Рет қаралды 30,420

Күн бұрын

I was able to increase my Accounting salary by 100% every 6 years. In this video, I share with you the things I’ve done to make this happen.
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Пікірлер: 82

@eddiewright5921 2 жыл бұрын

This makes sense because when I was in the Marine Corps they taught us to always act like the next rank above your current rank. So, if you're a private, act like a private first class. If you're a private first class, act like a Lance corporal. And so forth and so on. The understanding is that when you get promoted into that role you've already been behaving as such. Thank you Financial Controller.

@jorgeberruete4537 3 жыл бұрын

I am getting an internship opportunity for a financial analyst position and I'm just love watching your channel and learn so much I appreciate everything you have provided here on KZfaq and hopefully one day I can repay the favor, Thanks!

@TheFinancialController 3 жыл бұрын

Thanks for watching and engaging

@andreasf554 Жыл бұрын

Thank you very much to share your experience! Very good advice!

@ism9017 3 жыл бұрын

thanks Bill. Helpful information (and your video on CMA vs CPA was awesome...cemented my objective to do the CMA over the CPA). God bless.

@TheFinancialController 3 жыл бұрын

Great. Thank you!

@SureshKumar-hq8ef 3 жыл бұрын

Bill you given very good information 👍

@Conquerchronicillness 2 жыл бұрын

Great Achievement Tracker!

@009qamars 3 жыл бұрын

Great Work Sir, Once watched your video on the Wirecard Scandal, and now can not stop watching every video. It's so valuable content.

@TheFinancialController 3 жыл бұрын

🙏 thanks

@norakaracsonyi8231 4 ай бұрын

Agree with every point. This video includes everything, so simple so true. Thanks!

@TheFinancialController 4 ай бұрын

Glad it was helpful!

@doinabunescu1183 4 ай бұрын

Thanks for the book recommendations!

@Joebyron72 3 жыл бұрын

Thank you for the invaluable information

@TheFinancialController 3 жыл бұрын

Glad it helps

@gabrielsanchez3683 3 жыл бұрын

I appreciate you uploading some of your valuable experience for us mortals🙏 thank you mr. Sir!

@TheFinancialController 3 жыл бұрын

My pleasure!

@celisye Жыл бұрын

Great recommendations!! I made a mistake when I was hired for not negotiating my salary . Even though I tried they didn’t offer me what I asked however they said there was going to be opportunities for me to grow and get increases . It was 7 months ago . I am planning to ask for a promotion or raise now .

@alexanderjonasrauh9119 3 жыл бұрын

Thank you for your videos. They are really well done in terms of content, structure and presentation. A personal question: What is your advise on negotiating a starting salary, especially during the first stages of your career (little work experience)?

@TheFinancialController 3 жыл бұрын

I think you can always negotiate because I've never seen an employer withdraw an offer because the candidate countered. The worse thing usually is that they will stay firm at the original offer. That said, obviously the longer your work experience the more believable your standing will be. In general, my advise is that early on, the money comes second. The focus should be on the quality of experience you will get, the type of mentorship your future boss is likely to offer, etc.

@aleidenthal01 2 жыл бұрын

Go through a recruiter who will negotiate for you

@GanNing221 3 жыл бұрын

Fellow accountant here, that pen drop at the end should be in every video, lol. Thanks for the info, Bill.

@TheFinancialController 3 жыл бұрын

Drop pen = drop the mic for an accountant

@Shirley8653 2 жыл бұрын

Agreed!! It sounded like an achievement, a YESSSSSSSSSSS! A ready for the next....! Thank you very much, I love these videos. Excellent content.

@Factors_of_production. Ай бұрын

good work, kenya following

@bilalahmedkhattak8190 3 жыл бұрын

Doing great job keep it Up sir

@TheFinancialController 3 жыл бұрын

Thanks a lot

@heisenberg7049 3 жыл бұрын

I heard that moving jobs every 2 years is okay when you are early in your career but that once you are about 7-8 years into your career then you should start staying at each position for at least 4 years otherwise it could be a red flag to future employers. Would you say this is accurate?

@TheFinancialController 3 жыл бұрын

I think red flag is less than one year nowadays. I did 2 year gigs and employers have been thrilled to steal me away in blink of an eye...but again NYC market is super good

@ruthvansandt9713 2 жыл бұрын

I hope I do get to work at a place that appreciates problem solvers. I’ve suggested or worked on a number of things at different companies to improve processes, but have worked under bosses who were only interested in the status quo (or worse), and only in their own ideas.

@ruthvansandt9713 2 жыл бұрын

@jessica Yes! My managers manager at the job I started this year called me in not long after starting to clearly articulate she is open to ideas and perspectives and everyone here is appreciative of each other.

@PremKumar-ky2ed 2 ай бұрын

Awesome!

@rosmaryalgarin9292 3 жыл бұрын

thanks for sharing your own experience

@TheFinancialController 3 жыл бұрын

Thanks 🙏

@rosmaryalgarin9292 3 жыл бұрын

@rifkhandeen6743 2 жыл бұрын

Thank you so much

@celestialjaylastima3652 3 жыл бұрын

Good content 👍. I am currently working at E&Y and looking to go back in private accounting to earn more, but after years I am still here haha 😂 looking to be assigned in other country E&Y branch instead.

@TheFinancialController 3 жыл бұрын

You must be enjoying it :) There are somethings I miss about my PwC days for sure

@celestialjaylastima3652 3 жыл бұрын

Yeah. And the flexibility of time is what I like and the general learning experience.

@amitsahare6777 3 жыл бұрын

Wow great sir congratulation

@lisamccray6481 3 жыл бұрын

I keep forgetting what ERP stands for. Help. Loved your trial balance video. Iow, I love your videos.

@TheFinancialController 3 жыл бұрын

Enterprise Resource Planning :) It's a tool that runs the entire business from purchasing inventory, billing, payments, etc

@mendybekhor8827 2 жыл бұрын

Thanks for your videos! Sharing your experiences here is super helpful.

@mball5648 3 жыл бұрын

Thanks for the advice. Currently at big 4 and was wondering should you go to a larger company after big 4 and then make a move to a startup later on in your career?

@TheFinancialController 3 жыл бұрын

That’s a good route. Working for a large company you will learn policies/processes that you can take to startups later and be very impactful as your bring mature experience to the table

@mball5648 3 жыл бұрын

@@TheFinancialController Is that the typical route? I'm still earlier in my career and majority of my clients are larger companies but have been thinking about taking my knowledge to a start up. Curious if after working at startup you can jump back to a larger company

@TheFinancialController 3 жыл бұрын

There are merits to joining startups and also large companies. I personally like the large followed by startup. And yes I went from small to large at one point.

@hlewis5217 3 жыл бұрын

Any tips on how to commence CA/CPA with little accounting experience? I’d greatly appreciate it!

@TheFinancialController 3 жыл бұрын

Many CPA candidates pass the exam with little experience. After all, passing the exam is not about experience but more about studying the material. I recommend taking a good review online course for CPA (Roger CPA is my favorite).

@cheabilly5257 2 жыл бұрын

I got my ACCA in 2019 but I can hardly find a job with a pay of $20k a year. Salary for professional staff is quite low in my country.

@Revocateanimos24 3 жыл бұрын

I'm in industry and still getting my CPA for this reason alone.

@TheFinancialController 3 жыл бұрын

Go get that CPA, it’ll change everything

@YZsTravelAdventures 3 жыл бұрын

Biggest contributor = working at the big 4 in the first place 😂

@TheFinancialController 3 жыл бұрын

Not gonna lie that’s a factor too

@billalko4580 2 жыл бұрын

Probably the biggest factor, particularly here in Europe.

@charanshetty3986 2 жыл бұрын

I am currently working at a start up after finishing my ACCA. I’m worried if this would benefit my career further or did I do a mistake joining a startup as my first job. While I agree it has its pros and cons, I constantly worry about future growth. Can you please share your insights on this.

@murseritigreenidge9774 2 жыл бұрын

He said throughout your career here but as a first job I have no idea 1:53

@odi6055 3 жыл бұрын

I’m in tax at the moment in a big 4 but would wish to switch to a more commercial finance role or finance analyst role. I’m currently studying for my aca qualification(cpa equivalent in the Uk)..Would it beneficial if i take short courses to learn some accounting software and if so which would u recommend? SQL, quickbooks? not quite familiar with the tools lol Thanks!

@TheFinancialController 3 жыл бұрын

Get more excel functions under your wing. Tons of KZfaq videos on that. Watch some NetSuite tutorials as well. The real ERP experience comes by working somewhere rather than watching a course. When you exit, go to a company that’s about to implement a new ERP, super valuable experience there

@mauricioalejandro74 3 жыл бұрын

Im surprised he didn’t mention Oracle portfolio of products

@kpopfamily7038 3 жыл бұрын

I Got Bachelor's in applied accounting from Oxford brooks after completing my 9 ACCA exams now i'm ACCA finalist. Will ACCA help me in finance field☺

@TheFinancialController 3 жыл бұрын

In my view, yes. A background in Accounting is helpful for someone who wants to be in financial planning and analysis role.

@gamingsfinest1 3 жыл бұрын

Nice lamp

@TheFinancialController 3 жыл бұрын

Haha thanks

@itsnotif.itswhen 3 жыл бұрын

Do you think property accountant is a good start to begin accounting career? I don't think I'm a good fit for public accounting as I'm not interested in both tax and auditing. Some people I talked to say that property accounting is very boring.

@TheFinancialController 3 жыл бұрын

Property accounting gets more interesting as you move up the ranks. I say go for it

@itsnotif.itswhen 3 жыл бұрын

@@TheFinancialController thank you!

@williamodzourga4612 3 жыл бұрын

Can I get a placement at a big 4 with my AAT L3 ?

@Psycho_Analyst 3 жыл бұрын

Most wanted person in my career!!!

@TheFinancialController 3 жыл бұрын

Thanks Ameer!

@NorCalWrestler 3 жыл бұрын

How important is the school the accountant comes from? I'm thinking of making the switch to accounting and can only do school online while still aty current job.

@TheFinancialController 3 жыл бұрын

Online is becoming main stream. Just focus on getting your foot in the door with the first accounting job

@TheTruthFadeswithTime28 3 жыл бұрын

is it possible to negotiate starting salary at Big 4? Or not really?

@TheFinancialController 3 жыл бұрын

Only if you are joining them as an experiencing associate/senior, etc, then you should and most often will succeed at it. But for entry level junior, you can try but I don't think they will go up.

@TheTruthFadeswithTime28 3 жыл бұрын

@@TheFinancialController That's what I thought. I am interning at a big 4 firm this winter and hoping it will turn into a full time offer. Thanks for making useful videos!

@amitsahare6777 3 жыл бұрын

Sir iam Indian so request you please add English subtitle

@alexanderv4609 3 жыл бұрын

Does American CPA make sense in Europe or what would be a reasonable alternative to it in Europe? I have American CMA. But to be honest, it isn't really helpful.

@TheFinancialController 3 жыл бұрын

In most EU it’s chartered accountant

@alexanderv4609 3 жыл бұрын

@@TheFinancialController Thanks a lot for the comment! Yes, it looks like CA works in some EU countries. I live in Germany, and I think American CPA is still more valuable here than CA. Germany has also its own qualification (WP), but the requirements for candidates and exams are more rigorous than for CPA. E.g. you need to pass 4 exams (no multiple choice, each exam has written and oral part) and candidates should have at least 3 years of work experience in public accounting firm (thereof at least 2 years in audit).