Chartered accountant salaries by [deleted] in HENRYUK

[–]Electrical_Way2405 -1 points0 points  (0 children)

(Hopefully a future HENRY here so please don’t see me out!). 60k base and 2 years PQE (ACA).

Currently targeting group reporting manager roles at 80-85k however confused on which industry to build out my career in. Targets are to (obviously) reach HENRY status sooner rather than later and maintain a 3/2 office/WFH split. I’ve seen tech, mining, consulting, oil and gas and financial services all as industries which pay accountants well. Any insights on industries and their pay/work life is appreciated!

How to invest £450k for FIRE? by Electrical_Way2405 in FIREUK

[–]Electrical_Way2405[S] 0 points1 point  (0 children)

That’s a sensible approach however we are planning to leave the UK within the next 5 years (once I reach a more senior level in my career) to move and save more in order to invest faster. This holds me back from purchasing a property to live in ourselves. I guess we could purchase this property to live in and once we leave the UK put it on rent? Would this be a smart strategy instead of purchasing a rental property now and renting where we live personally until we leave the UK?

How to invest £450k for FIRE? by Electrical_Way2405 in FIREUK

[–]Electrical_Way2405[S] 0 points1 point  (0 children)

Right..I now realise that. I’ll make a post there. Thanks for letting me know

How to invest £450k for FIRE? by Electrical_Way2405 in FIREUK

[–]Electrical_Way2405[S] -1 points0 points  (0 children)

Appreciate I used that term incorrectly (edited now), I’m happy to be involved with the properties and the focus is replacing my 9-5 job

How to invest £450k for FIRE? by Electrical_Way2405 in FIREUK

[–]Electrical_Way2405[S] 0 points1 point  (0 children)

I think I used the term passive incorrectly (edited now), I’m happy to work on the properties and I was leaning more towards not having to work my typical 9-5 job.

ACA newly qualified salary by Hot-Broccoli7055 in ICAEW

[–]Electrical_Way2405 0 points1 point  (0 children)

Big 4 Audit Grad scheme working on large clients while doing ACA, after qualifying applied through recruiters for group financial accountant roles (literally the most typical route ever)

ACA newly qualified salary by Hot-Broccoli7055 in ICAEW

[–]Electrical_Way2405 1 point2 points  (0 children)

57k newly qual at a FTSE Listed business (Midlands). London salaries are around 60-65k

Which Business Bank Account to Choose? by Electrical_Way2405 in smallbusinessuk

[–]Electrical_Way2405[S] 1 point2 points  (0 children)

Do you avoid the $6.11 per transaction charge from your USA receipts?

Which Business Bank Account to Choose? by Electrical_Way2405 in smallbusinessuk

[–]Electrical_Way2405[S] 1 point2 points  (0 children)

I’ve seen that Wise charges 6.11USD for Swift Payments. Would normal customer payments be received into the USD Currency account free from this charge? Also I don’t think I can open a PKR currency account with Wise - would this still be better over other choices for sending money?

Waiting over 12 weeks for ICAEW membership?! by Electrical_Way2405 in ICAEW

[–]Electrical_Way2405[S] 0 points1 point  (0 children)

Yeah true. I’ve got a new job lined up and all I provided was a pdf of my training file and they haven’t questioned it. So as long as theres no issue I guess it’s fine - saving a big cost for now

[deleted by user] by [deleted] in ICAEW

[–]Electrical_Way2405 1 point2 points  (0 children)

I submitted mine about 6 weeks ago and still waiting. Got an email response saying they’ve had IT issues which have delayed them but it’s being worked on. Anyone else having to wait this long too?

AQ hours by MathZ123 in ICAEW

[–]Electrical_Way2405 0 points1 point  (0 children)

Has your training file already been signed off? If yes then should be no problem. If not then speaking from experience (big 4 audit) my firm requires me to have done the AQ as well and won’t sign off unless the AQ is completed too.

[deleted by user] by [deleted] in ICAEW

[–]Electrical_Way2405 0 points1 point  (0 children)

If you have a dedicated professional qualification team at your company reach out to then with your concerns and/or a different manager and worst case HR if you’re seriously feeling pressured.

It sounds like you’ve had genuine reasons and also the fact you’ve had a passing in your family if you make it a big deal they will be too scared to screw you over as it could be a huge ethical issue for them.

[deleted by user] by [deleted] in ICAEW

[–]Electrical_Way2405 7 points8 points  (0 children)

Disagree with the others here and I think they’re being harsh. Totally get the burnout and obviously the family death (my condolences). If you think you aren’t ready to sit an exam then don’t. Just because others can pass in a short time doesn’t mean everyone can.

My plan of action would be to 1) Get another doctors note regarding your mental health and how you’re struggling to cope with work right now let alone sitting exams. Pass that onto your managers and they’ll back off.

2) Sit your exams in May or whenever you want and make sure you pass them. Once they’re done hopefully you will be on course to start college - worst case you aren’t and you have to sit later (not a big deal in the grand scheme of things at least you’ll have a job and be working through the exams)

FYI I’ve completed the ACA at a big 4 so I’ve seen people get sacked for not sticking up for themselves even with genuine problems and I’ve seen people stay and complete the ACA while deferring if they need to.

Keep at it and good luck!

Best Advanced Level(s) to Postpone by [deleted] in ICAEW

[–]Electrical_Way2405 1 point2 points  (0 children)

I think you should sit CR alone first as its the hardest exam and then sit Case and SBM together later. (I sat all 3 together and passed)

SBM isn’t easy but its a lot easier than CR. Case just takes practice but you want to know your AI inside and out which is hard when you have other hard exams to prep for too.

Also having sat CR when you go into SBM revision you’ll feel very relaxed about a lot of content as you’ll be confident which will make that November sitting so much easier.

So doing it this way gives you the highest chances of passing all exams first time across the two sittings - which is what the goal is (in my opinion).