My job hopping paid off big. But I suffered....
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- Опубліковано 7 чер 2024
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Chapters:
00:00 intro
00:52 Agenda
01:30 My own career hop
05:36 Pros of job hopping
07:22 Cons of job hopping
09:38 Tips for success in hopping
What we cover in this video:
I made a few job hops that helped my career. let's talk about it.
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📸 / the_financial_controller
📱 / thefinancialcontroller
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All views expressed on my channel are mine alone. Not intended as financial or professional advice
I agree. You have to stretch your career. Taking on these roles allows you to push your critical thinking skills, learning from your failures and getting uncomfortable. I've recently made a jump from Chief Accountant to Financial Controller...which is in essence the CFO because I'm the head of the department. I've brought my skills over and I love rhe challenge.
Also what is key...you have to be able to know how to lead the team.
Bear in mind, I had to make sure that the company was the right fit for me. The out going FC was trash, so immediately anything I implemented was a major upgrade.
Take your time, dont chase money...ensure that the company fits you.
Well said! and yes agree to not chase money (it will follow) and focus on pushing your limits on learning.
I really really appreciate your effort sharing these tips. The one thing I like the most is that all your narrative is based on a "go for it" approach, you make me feel very motivated because right now I am searching the next level and to be honest, I´m a little scared. Again, watching you talking about not knowing everything and still going for it is a clear signal for me right now... Thank you!
Thanks Brother! Yeah, go for it and work hard. It will pay off!
It's like u can read my mind. I was just contemplating leaving my job today for the VERY SAME reasons you spelled out when you worked as an Accounting Manager at the organic baby place. Between feeling uncomfortable, hearing terms and doing things for the first time. Went from Project Manager (glorified biller) to Assistant Controller and I just have anxiety basically going to work now and I've only been there for a little over a month now.
It's probably just temporary. Maybe stick through the pain and it will accelerate your career. Good luck brother!
I know this video is supposed to be about a vertical career move but I find this advice quite reassuring as someone who's trying to transition from accounting to finance in banks. I haven't done it ever before but I do have the academic knowledge and it all depends on how I present myself.
Makes sense! Good luck with the move!
This is some great advice that I really needed to hear, thank you!! I liked how you reminded us that the recruiter saw something in us, so concentrate on what you have experience in!
Thanks for listening and commenting here! Be good
This is such an honest conversation. It definitely is daunting when you want to take a leap into uncharted territory and you don’t feel 100% equipped for the battle. You mentioned some great pointers. Thanks for sharing
:) I appreciate you stopping by and listening to my rambling
Nice video. Helps get motivated and focused thank you for these videos.
My pleasure!
Thank you for all your content! A lot of your older videos are the reason for me excelling in a role I thought would take me MUCH longer to get a hang of (Accounting Consultant). It took me a few weeks to get a good grasp at the position because you made the concepts super easy to understand. All that to say thank you! I appreciate what you’re doing for people out there like me.
Thanks brother!
Thanks Bill for another video. Always huge motivation for my work path. Regards from Poland
My pleasure!
Great career advice content video! I appreciate you for making a video based on what your subs have asked of you.
My pleasure!
Love your honesty!
Great video Bill! Thank you!
My pleasure!
Very practical advice on career development! Really liked that you touched Cons and personality, easy to be ignored. It's not like typical " You can do it" video.
I strongly agree the point that you learn from failures more. Appreciated the inspiring content from Korea!😊
Glad you liked it!
this video come across in the right time! i'm contemplating to jump, since it daunting to go out of our comfort zone. As im already working 4 years as account assistant at small accounting firm, and for the sake of leverage my knowledge, im applying to big 4, but still in the assessment stage
Wonderful! You can do this...
Acoounting major here, spent 2 years as a staff accountant right of college (start of great recession) and made the mistake of taking operation manager roles the next 10 years… planning on making a move back into accounting, your videos are helping in planning out the next steps.. thank you!
Welcome to my channel Rosana!
Good, informative video, means this guy give a good anecdotal evidence, like we can also apply this thinks on our carrier.👍🏻
Glad you liked the video!
Thank you . I got a career jump and made decision to take it when the company made me the offer. I am just ready to hit the battle as I have to do a lot of new things , but I thought sometimes taking risks helps. The video was helpful. My spouse has a job so I thought I can take the risk. Fingers crossed.
You got this!
Appreciate your efforts thanks for sharing 😊
My pleasure 😊
Good one, keep on...
Hi! Your advice is gold! I have a biology degree but have been in accounting field for 20 years. I’m finally trying to make a leap to senior accountant role from billing accountant. I always feel that by not having an accounting degree was holding me back. I applied to so many accountant roles and finally got an interview. So glad I came across your channel. You have helped me get prepared for my upcoming job interview. Thank you so much!
Best of luck!
@@TheFinancialController Well, I made it to the 2nd round of interviews and didn't get the job. On to the next search.
Clear video mate 👍. Working as Junior Financial Controller atm.
Thanks Kadir! good to have you watching the channel.
Thank you for everything you share! So valuable. Can you do a video on steps to take if your bank account doesn’t reconcile? Ty
Thanks i already have a video on bank reconciliation
Thank you for sharing ❤❤❤❤
You are so welcome Malam
Excellent advice as usual. I went from a Senior accountant position to financial controller (NPO) after a year and a half I feel much more comfortable as it was my first experience leading the entire accounting department as well as being the right hand of the CEO for financial strategic decisions. This opens the door to so much more like becoming a Director of Finance and a CFO eventually in the future with salary prospects. If you are scared take the risk it is well worth it. Cheers
Forgot to mention I am also a CPA in Canada!
Appreciate the comment! No pain no gain!
Can you find any similarities with respect to skills and salary for senior accountant and financial controller. I think financial controller is paid more than a VP of accounting. Am I right?
@@PremKumar-ky2ed i would say it depends on the size of the company. For my case I have the title of controller but i am definitely acting as a CFO since im doing presentations to the CEO, board and audit comitee. Also again the pay will vary alot depending on your task but controller are usually well pay in the 6 figures and more.
Thank you so much.
You're welcome!
I've had 12 years worth of 3 public and 10 years private in various industry. I do not have my cpa, unfortunately although i passed FAR & BEC, I didn't pass audit while working and studying and gave up.
but I keep being in just a managerial position instead of a director position. Thoughts on what I need to do or work on to achieve that? Pre-covid I was going to get promoted to director or accounting but covid occurred and ended up getting furloughed.
Just wanna ask (outside US) im done with public accounting (in my mind of course) im struggling deciding which one to take accountant II in government or Internal Audit Officer in Financing/bank. What make sense more accounting then go to auditing again or just go for the audit right from the start?
You must be very smart to get promoted to be controller. Congrats.
What are your thoughts on someone with no accounting and finance background and no Prior FP&A experience got promoted from executive coordinator role to FP&A manager role?
That sounds like a hard transition.
Would you consider a good move: starting a side certification that will support you on the new role (not demanding like CPA but 20-30 hours course), or shall you work with online Chat gpt until you get comfortable for the first 6 months?
No strong opinion on this one. Both sound like good options to support you in a new role. But a certification can prove slightly more valuable
How high up can I expect to go in private accounting without a CPA? I see a lot of private companies asking for CPA for positions as low as staff accountant.
I have a doubt. Do vp of accounting or CAO(s) earn as same as finance controller?
Hello Bill! I'm getting ready to purchase your course. It would be so helpful to me if there was a way I can personally keep in touch with you. I have many career-related questions that I hope you'll be willing/able to guide me with. Thanks!
Hey there. Sure. All lectures have a comment feature that allows you to ask me questions
Do you think accountants will become more like analyst roles in the future?
It’s happening already, but it will be a slow transition, thankfully
Hey is it possible to get hired as an accountant with an online degree from wgu in accounting?
To be a controller, is having only your bachelors necessary or do you need a cpa/cma
Most of the time, you need a CPA or CMA
Speaking to the imposter syndrome that I suffer from 😅
Most of us go through the imposter phase. Experience is the only cure unfortunately
Unfortunately, Corporate America discriminate on job gaps. Hopping has turned most into unemployable, blacklisted list. Next step iEntrepreneurship level.
Thank you, I am building my next career so this is helpful reminder. 11mar24
Best of luck! Go get em!!
@@TheFinancialController Thank you for the encouragement!