Revealing my Big 4 Salaries︱Can Accountants make 100K?︱6 Money Lessons I Learned in my 20's

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  • Опубліковано 18 жов 2024

КОМЕНТАРІ • 73

  • @PaulZougras
    @PaulZougras 2 роки тому +16

    Great video Jen! I am currently working in tax as well and am in the process of taking the CPA exams! I’m happy I found your channel.

  • @BecomingBossC
    @BecomingBossC 2 роки тому +5

    Subscribed! I love supporting other CPAs and accountants! 🤩

  • @elmateo77
    @elmateo77 2 роки тому +9

    Great advice, especially about avoiding the expensive car. The Camry I own free and clear drives so much better than a brand new Lexus with an $800 a month payment. Take the money you would be putting towards a car and investment it instead, your future self will thank you.

  • @tommychen6102
    @tommychen6102 2 роки тому +26

    Big 4 salaries are at 75000-77000 now for associates !

  • @Brenda_xo
    @Brenda_xo 2 роки тому +3

    Love this video Jen especially the little pieces of advice you have along the way. The giving one really resonated with me!

    • @FinancialMatter
      @FinancialMatter  2 роки тому

      Thanks so much Brenda!! 💕 appreciate your kind words!

  • @jakefromstatefarm2991
    @jakefromstatefarm2991 2 роки тому +2

    Great video! I would love to see a part 3, whenever your schedule allows it :)

    • @FinancialMatter
      @FinancialMatter  2 роки тому +1

      Definitely! 👍👍 will add it to the list!

  • @LadyMahdia
    @LadyMahdia 2 роки тому +1

    omg, how did I not find you until now? love your videos, so educating binge-watching tonight.

  • @SoL-sn2xi
    @SoL-sn2xi 2 роки тому +5

    Big4 salaries are slowly rising. Getting a MSA and MST makes a difference. I can confirm NYC Big4 salaries for tax w/o MST is in mid 60K range whereas with the MST its in the low 70K range. However, they seem generally lower than starting salaries for let's say healthcare - RN, PA, RPH, etc. I've noticed a shift of CPAs are pursuing other interests such as compsci & healthcare as result of the work life balance & generally higher starting pay.

    • @leonydus9889
      @leonydus9889 2 роки тому

      What kind of jobs in computer s wince have higher salaries and better work life balance ?

    • @burningcoal5705
      @burningcoal5705 Рік тому

      @@leonydus9889 Analyst, CMA, Software Dev

    • @blackgirlonboard
      @blackgirlonboard Рік тому

      going to healthcare

  • @marijoe19
    @marijoe19 Місяць тому

    Which tax subservice line? Some subservice lines get higher compensation than others. International tax, for example, get paid more.

  • @scoobyproper13
    @scoobyproper13 2 роки тому +1

    Hi Jen,
    Great video, I wish you could of stated your YOE and Title for each of these salaries as well as cost of living. overall great video

  • @carlosavila7015
    @carlosavila7015 2 роки тому

    Hi Jen what do you think about niche? Is it a good idea to niche down?

  • @nestorreyes2731
    @nestorreyes2731 2 роки тому +1

    Great advice, it’s satisfying to know if been applying some of these already. If i may ask, what made you leave big 4?

    • @FinancialMatter
      @FinancialMatter  2 роки тому +2

      Main reason why was because I wanted more work/life balance! 🙂

    • @rudrakshsachdeva6204
      @rudrakshsachdeva6204 2 роки тому +1

      how many hours per week were you putting in? during busy season and normal season?

  • @mohammedak3277
    @mohammedak3277 2 роки тому +2

    Hi, I just discovered your channel today and it’s full of knowledge! I was just wondering what was your first accounting job before becoming a tax manager? (Btw congrats on everything so far)

    • @FinancialMatter
      @FinancialMatter  2 роки тому +1

      Hi Mohammed! I started as a bookkeeping intern for 2 companies. I later became a tax intern for one of the Big 4s. Afterwards, I became an associate then senior before coming a manager!

  • @vovanminh999
    @vovanminh999 2 роки тому +1

    i smash the like button rightaway .

  • @ericliu8720
    @ericliu8720 Рік тому +1

    How many years did you spend in public accounting and how many years did it take you to be manager?

  • @kunalbhardwaj3108
    @kunalbhardwaj3108 2 роки тому

    Very insightful... Any idea how much a manager (preferably from advisory) would make a year. ?

  • @JustAPersonWhoComments
    @JustAPersonWhoComments 2 роки тому

    Great tip!

  • @belr3723
    @belr3723 2 роки тому

    Awesome video Jen! Is there anyway to link the cash flow sheet again? The link isn’t working ☹️

    • @FinancialMatter
      @FinancialMatter  2 роки тому

      Hey Bel! Thanks! I changed it so that anyone with the link can open it now. See if this works:
      docs.google.com/file/d/1OX5vJQlpjF4sewY-mNsDwd3qhy_FqgUb/edit?usp=docslist_api&filetype=msexcel

  • @remuspierre
    @remuspierre 2 роки тому

    Excellent advice

  • @agb7371
    @agb7371 2 роки тому +1

    Nice video. My question is how does your CPA licennce helped you to get paid more?

    • @nasa7954
      @nasa7954 2 роки тому +1

      You are considered a tax and accounting expert that’s how

  • @nicholasshook7513
    @nicholasshook7513 2 роки тому +1

    great video!
    I decided to make a career switch into accounting. im 26 and will be finishing my degree at 28. any advice for me as I have a late start?

    • @Khaleisha
      @Khaleisha 10 місяців тому

      Internships

  • @DJ.2324
    @DJ.2324 3 місяці тому

    Was it your first year as a senior associate when you made $92,000?

  • @inthebooks3947
    @inthebooks3947 2 роки тому

    How much were the bonuses per year on average ? Can you have a video on public accounting bonuses n benefits please.

  • @remuspierre
    @remuspierre 2 роки тому

    Amazing topics

  • @remuspierre7573
    @remuspierre7573 2 роки тому

    Good advice

  • @inthebooks3947
    @inthebooks3947 2 роки тому +1

    I got a job offer as a tax associate at 61,000 in July. ! I really wanna make 6 figures. I find it strange you only got a 3k raise your 2cd year. Weird.

    • @robreich6881
      @robreich6881 Рік тому

      Lots of people get hired mid year, so maybe her “second year” was really 6 months in.

  • @emmanuelgarcia4273
    @emmanuelgarcia4273 2 роки тому

    Hi Jan, thank you so much for yours videos, I want to ask a question about collaboration: I'm accountant in Mexico and I'm looking for collaborate with another accountant in USA, do you think this is possible for me to working online with another accountant in USA?

  • @xxNickxx23xx
    @xxNickxx23xx 2 роки тому +2

    I wonder how long that other colleague was at the firm and what their position was. Why were they so surprised? 🤔

    • @FinancialMatter
      @FinancialMatter  2 роки тому +1

      We got promoted to senior at the same time but were on separate tax teams. I’m not sure why he was surprised 🥲 we both were working hard and working long hours

  • @jesusfreak8009
    @jesusfreak8009 Рік тому

    Amen! Great video. I am an accounting major. Thanks for the info!!!!!

  • @JonVlogs123
    @JonVlogs123 2 роки тому +1

    Hello Jen 👋😁

  • @maryogie1941
    @maryogie1941 2 роки тому +1

    Over 600k someone I know of. Big 4 partner

  • @akwasibaffourawuah4691
    @akwasibaffourawuah4691 3 місяці тому

    I am in Africa , with a CPA license can I get a US remote job? Please help

  • @giridharklp911
    @giridharklp911 2 роки тому

    Hey jen i am thinking of completing my cma and cpa before I do my masters in us I am currently living in India and I am 18 what will be the work of a cpa in the big 4 and will the masters in accounting help me

  • @DjShadowsound265
    @DjShadowsound265 2 роки тому

    so glad i live in Canada and can forego the entire student loan bullshit.

    • @FinancialMatter
      @FinancialMatter  2 роки тому

      wow that’s great 😆
      student loans are too common here

  • @spire259
    @spire259 2 роки тому +1

    Can accountants make 100k? How is this even a question? Growing up, any rich person in our community was either a doctor, lawyer, or CPA. I've always associated it with money. To be a partner at even a large regional firm means serious money.

  • @bromeo22
    @bromeo22 Рік тому

    You only revealed your entry level salary and didnt touch on income again for the entire rest of the video. I only came here for the income discussion.

    • @FinancialMatter
      @FinancialMatter  Рік тому

      Hi there- I revealed my Big 4 salary (I was there for 4 years from associate to 1st year senior).

  • @mindcache5650
    @mindcache5650 Рік тому

    Calculate in excel, the amount you are making per hour worked including weekends and studying. About $20 ?

  • @jonv8309
    @jonv8309 5 місяців тому

    getting paid $37.50 an hour as an intern so I imagine being an associate is higher

  • @jkim-92
    @jkim-92 2 роки тому +1

    First

  • @GrizzTrades
    @GrizzTrades 2 роки тому

    Great video, but you have been getting under paid from the start. If you have your CPA, you should not be accepting any salary under 150k. Big 4 look great under your belt but never pay you what you deserve.

    • @leonydus9889
      @leonydus9889 2 роки тому +4

      How are you suppose to tell them “pay me 150k” as no one gets that?

  • @richyk.99
    @richyk.99 2 роки тому +1

    I'm the opposite of my name.

  • @tommychen6102
    @tommychen6102 2 роки тому

    Second