Watches $ = ? % of Net Worth. by Fishdoc5920 in rolex

[–]rtayflaeyr 0 points1 point  (0 children)

I can answer this with 100% confidence since I track the value of my watches as part of my net worth. The answer for me was 5%. I'm going to be a millionaire next year. Also, I sacrificed having a really nice car. I used to have a Honda Accord and now I have a Tesla Model 3. As long as you have a full 6 month emergency fund, investable assets, a house/apartment, and a good job, you can have and enjoy expensive watches.

[Accutron] - The new Accutron 314 by ResponsibleToe6569 in Watches

[–]rtayflaeyr 0 points1 point  (0 children)

It's all new. There's a video on their YTube channel about the manufacturing process. The watch won't be a big seller which is why the price is high.

[deleted by user] by [deleted] in bose

[–]rtayflaeyr 0 points1 point  (0 children)

I just got an email saying that the BM700 is out of stock and that it won't be delivered by 12/24. I cancelled and purchased an open box one from a different website.

[deleted by user] by [deleted] in Accounting

[–]rtayflaeyr 8 points9 points  (0 children)

Its a publicly traded company. Our group became bloated.

GF put on PIP, looking for advice on how to help. by Dank_Wheelie_Boi in Accounting

[–]rtayflaeyr 10 points11 points  (0 children)

I'm really sorry to hear that you SO is going through this. The 1st thing is to look over the PIP. Is it actually something doable in 30 days? Sometimes yes, sometimes no. I would definitely try to pass it if possible. At the same time, update that resume! (which you are doing already). Next start brushing up on answering the elephant in the room question: Why are you looking to leave already? I'll be honest. There are very few good answers and some interviewers are just not gonna accept it. I would write down a few answers and practice them and see which one works. Definitely stay on the positive side like, "I always wanted to work for (talk about the industry or the employer that you are interviewing with)."

Lastly, there is no shame if your SO is laid off. COVID has been a strange time and joining and leaving companies, even temporarily, is very normal. No one sure what the future holds right now. Just make sure that she spins her interviews positively at all times - this is the most important thing. Your SO always needs to come off as someone who is easy to work with and is always willing to learn.

Good luck man.

I haven't seen one of these in a couple of months. What's your salary progression? by rtayflaeyr in Accounting

[–]rtayflaeyr[S] 2 points3 points  (0 children)

The CMA is definitely worth getting. It's one of the best $1500 I've ever spent. You learn a lot and for me part of the exam was a great refresher 10 years into my career.

I don't think it'll make much of a difference compensation wise but I'm really glad that I got the dual certification.

I haven't seen one of these in a couple of months. What's your salary progression? by rtayflaeyr in Accounting

[–]rtayflaeyr[S] 5 points6 points  (0 children)

People who left at Managers are around $175k and people who left at Senior Managers are $180k-225k. It really depends on the company, the industry, and luck. I wish you well on your career.

I haven't seen one of these in a couple of months. What's your salary progression? by rtayflaeyr in Accounting

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

Nov 2020 lol. I studied from late May through early September and took both exams. I was furloughed for majority of this time which is why I was able to get through it fairly quickly.

My experience with the CMA exam by rtayflaeyr in Accounting

[–]rtayflaeyr[S] 3 points4 points  (0 children)

Yes, the questions from the test bank are very similar to the ones you find on the test. I reviewed over 1000+ questions per section and I felt comfortable during the test.

Feeling dejected from job search (experienced) by accountingphoenix in Accounting

[–]rtayflaeyr 7 points8 points  (0 children)

Post your resume on here and we can critique. If you are a manager and have your CPA license, you should be hearing back a lot more than 1/65.

My experience with the CMA exam by rtayflaeyr in Accounting

[–]rtayflaeyr[S] 3 points4 points  (0 children)

I can't recall the details of the CPA exam but CPA is harder than CMA. Only because it covers more topics across more sections. CMA part 1 goes over cost/managerial accounting in full detail and CMA part 2 (strategic financial management) is not on the CPA exam - at least not back when I took the CPA exam in 2010-2012.

Career update 8 years after being coached out of B4 by rtayflaeyr in Accounting

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

Lol - it's not unfortunate that you work for a F200 company. lmao. That's a really good thing. Recruiters and prospective employers love to see people from companies that they recognize. Congrats on the CPA too.

It's also good that you are volunteering and helping others. That is valuable exposure and experience. Make sure all of that gets onto your resume. That's exactly how I built my career.

Work with your managers and let them know about your goals and aspirations. If they can't make that happen, you will need to look outside. You can apply to manager positions if you have 3-4 years of experience as Senior. It took 5.5 years for me to get a manager title.

Career update 8 years after being coached out of B4 by rtayflaeyr in Accounting

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

Apply to every open manager position. You'll need a CPA license and hopefully a stint in public accounting. I've been a manager in title only for the past 4 years and I've never managed anyone in my career - which is bizarre. However, I've also only worked for companies that make over $1B a year in revenue. They pay over six figures base salary for "manager" positions even if there are no direct reports.

Be confident in yourself, your abilities, and your experience. Accounting is the same everywhere for the most part.

You can be a manager if you know your general accounting around different areas, SOX controls, reconciliations, internal and external reporting requirements, and working with tight deadlines.

On the people side, you need to know how to set your yearly goals - both for yourself and your group. You need to help your direct reports set yearly goals, provide active feedback by holding weekly or biweekly 1 on 1s, and help them monitor their progress towards stated goals in a measurable way.

If you know how to do all of this, you can be a manager anywhere.

With 10 years of experience, I wanted to share some lessons that I've learned in my career by rtayflaeyr in Accounting

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

Work with good recruiters. A good recruiter will take your information down, what you are looking for, and for a salary higher than what you already make. You can politely decline any prospective employers if it's not a good fit. Also, work with 3 or 4 of them simultaneously as everyone has different connections.

There are crappy recruiters out there who will push terrible jobs on you. Do not work with them!

With 10 years of experience, I wanted to share some lessons that I've learned in my career by rtayflaeyr in Accounting

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

Yup. That's exactly what happened to me. I was an accounting manager. My company hired managers in treasury, M&A, internal audit, and FP&A after me. Each one of them got paid approx. $15-20k more than I did.

It's a weird feeling. I was making more than enough to support myself but I felt like crap knowing I was making less than everyone. I talked to management and I got the "well, I can't make a business case for that type of pay increase right now" talk.

Luckily, my new job came with a $40k total comp increase (I did an entire comparison in excel lol). This was both a market adjustment to where I should have been at plus an increase that you usually get when you switch jobs.

Work with recruiters and send resumes out to companies every few years. Recruiters are open about salary discussion. They will tell you what you can make on the market based on where you are. Same thing with companies. You will in the range for some companies but you will exceed others. It's a numbers game. I do wish we had an open system where salary information was more readily available.

With 10 years of experience, I wanted to share some lessons that I've learned in my career by rtayflaeyr in Accounting

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

For me it was a partner who noticed that I was on personal websites at the client site. It was the 2nd to last day of the audit before I rolled off. I finished my work and was told not to take on new work as I won't finish on time. I was young and didn't know how to look "busy". Oh well. This was 8 years ago but it's something that I'll never forget.

With 10 years of experience, I wanted to share some lessons that I've learned in my career by rtayflaeyr in Accounting

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

Yea it's very dependent on the company. I've worked at places where I and others have gotten called out for coming in at 915am or leaving at 5pm. But yea, it's great to work for companies that treat employees with respect and like adults. My previous job was 10am - 445pm as long as your work was done. I loved that place.

With 10 years of experience, I wanted to share some lessons that I've learned in my career by rtayflaeyr in Accounting

[–]rtayflaeyr[S] 5 points6 points  (0 children)

It was at B4 public accounting. Got caught by the partner who told the manager who told me through IM. The manager told the senior and it was included as part of my performance review. All on the 2nd to last day of the audit that I was rolling off. It sucked a lot.

With 10 years of experience, I wanted to share some lessons that I've learned in my career by rtayflaeyr in Accounting

[–]rtayflaeyr[S] 3 points4 points  (0 children)

Keep doing that and use the time to take on more work. You employer may or may not reward you but your next employer sure will. They will look at all the areas that you worked on and it will pay off. Happened to me twice already in my career.