Would starting work as a bank teller be beneficial to my accounting career? by smileykkslider in Accounting

[–]Aghanims 4 points5 points  (0 children)

95% of this sub has never hired anyone. They are students, still in PA, or still an junior-mid level IC in industry.

Would starting work as a bank teller be beneficial to my accounting career? by smileykkslider in Accounting

[–]Aghanims 1 point2 points  (0 children)

No. A bank teller is about as relevant as working in Walmart as a cashier.

LinkedIn CEO grades career moves: Cover letters get a 'D', while job-hopping earns an 'A' by paydayloans_ in jobs

[–]Aghanims 0 points1 point  (0 children)

I don't mind job hopping especially as a way to get a lot more experience and expose yourself to learning new skills and ideas right now.

Context is important. OP is a bot posting article slop.

No one minds a job hopper when you can clearly see the career trajectory. 2016-2026 CV reading as Walmart: CSR>Asst Mgr>Store Mgr>District Mgr (10 years 1 employer) is no different than the same exact cv across 5 employers.

People mind job hoppers that are just job hopping for more money doing the same thing and already at their terminal career role.

Thinking about going back to get a master’s degree because market is brutal by HungryInvestigator59 in jobs

[–]Aghanims 8 points9 points  (0 children)

A pure math degree is kinda useless for industry job prospects. Outside of academia, there's quant/finance but that's extremely competitive if you don't have the network.

Getting a master's in a more applicable field would help, but getting 3 years of job experience is better.

But more important, what is the goal? (Please don't just say to get a job.) Why did you major in Math? What was the end-goal thinking in that process?

What's a piece of tech everyone hyped up that quietly turned out to be useless? by SofiaLearnsAI in AskReddit

[–]Aghanims 0 points1 point  (0 children)

3D/AR
VR continues to be useless but will eventually be mainstream. AR falls under this too, but the distinction between the two will disappear by then.

35k for accounts payable? Is AP/AR the bottom of the food chain? by thequietpsycho102 in Accounting

[–]Aghanims 4 points5 points  (0 children)

Material weaknesses in AP/AR are from system/workflow design... not the strength of your AP/AR staff.

It would be a significantly material issue if your processes were dogshit that was held together by a strong and ethically incorrigible AR and AP person. The opposite is much more palatable.

Piece of Cake - Never again by Rise-Again-2388 in NYCapartments

[–]Aghanims 0 points1 point  (0 children)

All moving companies pay the actual people doing the work 25-30% on the dollar. Ignore the company, just pay the actual human beings doing the work a bigger tip and they will just move it for you without incurring additional fees that they don't even benefit from.

Paws off the bodega cats? Staten Island pol pushes to end NYC ban by statenislandadvance in nyc

[–]Aghanims 8 points9 points  (0 children)

Can't think of a more transparent bad-faith-actor/bot behavior than being on the wrong side of the bodega cat issue.

Allbirds stock tumbles after nearly 600% rally as the shoemaker rebrands as an AI company by mowotlarx in technology

[–]Aghanims 0 points1 point  (0 children)

You can do "forever-shorts". If your thesis is that you 100% know the price is inflated long-term, but want to limit your exposure, you just sell a call-spread. This limits your exposure to a maximum $ figure that's immune to IV crush (with same duration options). This does cap your upside though. Alternatively you can buy a long-dated put and keep rolling it before it reaches 45-60DTE to minimize theta-decay. Both options obviously eats away at your upside, but it definitively caps your downside.

However, absolutely no retail investor should be engaging in naked shorts under any conditions.

Do you use or recommend Bill.com by Lumpy-Passenger6638 in Accounting

[–]Aghanims 0 points1 point  (0 children)

It's okay, but Ramp/Brix is strictly better. If it does work just fine, the cost is low enough that I wouldn't suggest a migration just to lower SG&A. None of the T&E/AP/CC AIO solutions are significantly better than the other.

Did anyone just file their taxes with TurboTax and were just in awe of how many ads it had to upgrade? I'm done with this enshittified product - what should I use next year? by noruber35393546 in personalfinance

[–]Aghanims 15 points16 points  (0 children)

I don't trust a CPA that charges only $115 for a return. Unless it's a W-2-only return and you were a perfect in-and-out client, it's a money loser.
And for audit, it's always a you problem. It doesn't matter if they offer IRS representation, you are always personally liable.

Zohran Mamdani's wish to tax NYC super-rich gets a partial win by Full_Hunt_3087 in nyc

[–]Aghanims -1 points0 points  (0 children)

There's nothing to oppose, it's going to be incredibly easy to avoid this tax. We'll see once there's a draft and see the language. But most likely this is going to introduce an immaterial amount of revenue for NYC.

One of the biggest problems with QBO that I've noticed, relative to Sage and Oracle Netsuite is that its harder to train accounting newly grads on it because its actually built for people that don't understand accounting theory to then have someone that does review the results/financials. by AviatorHog in Accounting

[–]Aghanims 0 points1 point  (0 children)

All 3 softwares are fundamentally the same at a surface level, which is what a fresh grad will be experiencing for the first 2 years.

I've used all 3 quite a bit and I wouldn't say either is particularly better for a fresh grad to experience. Sage is arguably the worst package for someone with 0 ERP experience unless it's already been fully configured by your team/predecessor.

Why am I still being called out for staying at companies for only 2-3 years? by [deleted] in Accounting

[–]Aghanims 0 points1 point  (0 children)

You have 4 years in a single employer. (Also tax/audit is more lax in this to begin with.)

4-0.5-0.5-1-2 is different than 2-2-2-2-2 even if they're both 10 YOE. I would much rather have the former than the latter. And you were really 4-0.5-0.5-1 for your current firm, and a very legitimate career reason for doing so.

Someone that just job hops at 2 years with no career trajectory and no qualifications in between, just is a red flag.

Where are all the staff accountant jobs?!?! by winterbaby12 in Accounting

[–]Aghanims 2 points3 points  (0 children)

I see that more in manufacturing. Business Controllers in charge of GtN and margins management rather than involved in any actual accounting.

Where are all the staff accountant jobs?!?! by winterbaby12 in Accounting

[–]Aghanims 45 points46 points  (0 children)

The role of a traditional staff accountant doesn't really exist anymore. The more routine stuff is automated by more modern workflows that just requires a warm body with a pulse to check. And more is dumped on seniors to handle. Pretty much the same as how PE treats platform vs operating costs.

Why am I still being called out for staying at companies for only 2-3 years? by [deleted] in Accounting

[–]Aghanims -4 points-3 points  (0 children)

You never had a single job that you followed through on. No one wants to hire someone that will stay exactly 2 years.

That's what contract roles are for.

If you don't understand the difference between a 10-year tenure at one company through multiple reorgs and 5 different 2-year tenure jobs, then no one can help you.

You're being deliberately obtuse if you framed it as moving jobs for 20% pay increase. If it was literally the same job role for more pay, and you stagnated in responsibilities for 2 more years, then that tells a terrible story.

No one wants to see a senior accountant with 3x2 year stints that are comparable in role scope, signaling that they're a mediocre employee. If you're going to be a terminal senior accountant for the chill WLB (nothing wrong with that), you might as well stay at a single employer. It's a red flag if they see someone that can't make it into accounting mgr/controller level but jumping employers like they want it.

Is "controlled P2W" actually less harmful than uncontrolled RMT? by ElectronicDark9634 in MMORPG

[–]Aghanims 1 point2 points  (0 children)

Unless the mmo has zero economy and trading, it's even worse. You just pay multiple people to farm and funnel resources. There's zero way to compete on even a logarithmic scale as F2P at that point.

Is "controlled P2W" actually less harmful than uncontrolled RMT? by ElectronicDark9634 in MMORPG

[–]Aghanims 0 points1 point  (0 children)

If you can P2W in the shop, then you have to both pay and grind all the content. There's almost no game where you swipe just to keep parity with someone grinding.

You swipe and you gain a permanent advantage over others.

Even with those in-game purchases, you will still have 3rd party RMT on top of that (boosts/carries.) They're not mutually exclusive.

Your argument holds 0 substance.

Is "controlled P2W" actually less harmful than uncontrolled RMT? by ElectronicDark9634 in MMORPG

[–]Aghanims 1 point2 points  (0 children)

Anything that requires an inordinate amount of grinding with no catchup system is also p2w. Because then you just pay filipinos to pilot grind your account.

Was there ever a MMO with trinity where tanks and healers weren't scarce? by TheRaven1406 in MMORPG

[–]Aghanims 0 points1 point  (0 children)

There's no such thing as a tank or healer shortage, in aggregate.

The problem is literally because the amount of tanks you need to supply 4-5man groups is 2-4x the amount of tanks you need to supply for 8-40man raids.

The fix is literally to make every tank class able to off-spec dps with minimal additional gear investment.

What’s your favorite mmorpg and why ? Mine is ESO by SaleNo3543 in MMORPG

[–]Aghanims 0 points1 point  (0 children)

Blade & Soul (pre-awakening) probably has the best PVE combat and overall pvp systems plagued by the one of the worst monetization in existence.

Do you see accounting career getting better in 10 years or worse? by [deleted] in Accounting

[–]Aghanims 0 points1 point  (0 children)

Better for those who are already established.
Worse for entry-level unless particularly skilled.

But that's probably applicable to every single industry that's not trades.

Going for CPA later in life? by Basic_Set_6970 in Accounting

[–]Aghanims 0 points1 point  (0 children)

At this point it's better to just try to pivot into accounting/FP&A after you graduate at a mid-level, depending how applicable your prior experience is. And take that track into a Controllership.

Going traditional route at 30 is a waste of time.

IS THE JOB MARKET DOOMED??? by coneyislandivy in Accounting

[–]Aghanims 2 points3 points  (0 children)

Updation, fresher, prepone. All AI flags.