WORK DAY in my life as an ACCOUNTANT
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- เผยแพร่เมื่อ 13 ม.ค. 2024
- Hi Everyone! In today's video I show you my every day life working as a corporate accountant for a retail company. Get ready with me and accompany me on my drive to work from Sarasota to Bradenton, Florida. We also have a lunch break and run to Starbucks for a quick coffee. I explain a little bit about what I do on a daily basis and take you into the office with me. Thank you for joining me and I hope you enjoy! Don't forget to like, leave a comment, and subscribe! :)
Some Facts about my Accounting Career:
1. I graduated in 2019 with a degree in Accounting and Finance
2. I am 26 years old and I have 4.5 total years of experience in accounting
3. I have previous experience working in public accounting, but I now work in corporate accounting for a retail company
If you have any questions, please feel free to leave a comment! I'm happy to answer any questions you may have regarding working in accounting, going through school, getting a job, pros and cons, etc.
For business inquiries only please use: ryliecrhoads@gmail.com
Hi guys! If you have any questions, please feel free to leave a comment! I'm happy to answer any questions you may have regarding working in accounting, going through school, getting a job, pros and cons, etc.
I’m also a swifty corporate accountant working a hybrid 3 days in office schedule lol glad TH-cam recommended you to me!
I graduated the year before you, 2018, and also used to work in public accounting - tax! Glad I’m out lol especially this time of year!
That's awesome! And yes I totally feel that lol. I worked for 1 year in public accounting as an auditor. It was great experience but definitely glad to have some work life balance now :)
Hey Rylie, new subbie! I just got accepted in school to get an accounting certificate. I have Financial Services experience already but I have a love of numbers so I was like let me get into accounting. Great video!
Thank you so much!! And that's awesome!! Congratulations!!
Hello Rylie,
Thank you so much for the great content! I'm an economics major (I graduated in 2021) and have worked as an executive assistant and project manager. I currently work as a marketing specialist. During my executive assistant job and through an accounting internship, I gained exposure to the industry. I'd like to make a career change, so I'm considering taking accounting courses to be eligible to sit for the CPA. I was wondering if you could provide a realistic range of the starting salaries for accountants. I understand it depends on where I live ( I live in Miami), but I just want to have an idea. I'm not scared of making a career transition, but I am scared of taking a major step backward financially. By the way, great eye liner!
Hello! Thank you so much for your comment! Salaries can range quite a bit in accounting. I would say anywhere between $50K-$70K is typical to start (I know that is a very big range). But based on you being a CPA candidate and working in a large city I would say you can expect to earn on the higher end. If you want to work at a larger firm like a Big 4 accounting firm then you can also typically expect a higher salary versus a regional or local firm. It's also a good idea to mention your salary expectations in a job interview and just remember it's always better to set a higher salary expectation than a lower one. And of course with experience comes salary increases. I hope this helps and I wish you the best of luck!!
Do you have any tips for what to look for in a company or the interview process when applying for a job in accounting fresh outta school?
I would start by choosing an industry that you're interested in and applying to companies in those industries (like retail, medical, biology, construction, real estate, etc.). Every company needs accountants so don't limit yourself. Also remember to ask questions during your interview. You're interviewing the company just as much as they are interviewing you and you want to make sure you're a good fit. And be confident, you got this! :)
Nice vid! I just subbed. Do you have a CPA license? Did you ever try to pursue it? I'm also in an industry accounting role and always debating whether I should pursue it or not
Thank you!!! And I do not have my CPA. I worked in public accounting for a little over a year as an auditor. During that time I studied for the REG section but as soon as I realized I didn't want to work in public accounting anymore I stopped pursuing my license. Companies do love to see experience in public accounting and a CPA so it's definitely a good option to think about. And it was just preference in my career choice, and you can certainly have a very successful career without a CPA :)
@@rylieconstance Thanks for the feedback! For me, I want to stay in industry/private accounting forever and management doesn't sound appealing to me so not sure if CPA is worth it for me...
Yeah it didn't make sense for me to get my CPA. It's a big time commitment and it also costs money, as well as you have to complete a certain number of hours of CPE courses each year so your license doesn't expire. Speaking from personal experience, I didn't need it and I've never regretted not having it. I hope that helps!
Hey i love your vid im considering accounting as my major but im scared of AI replacing the job. What are your takes on this
Thank you! And I think accounting has very good job security for the foreseeable future. In my personal experience technology is very helpful but not close to being able to replace accountants. There are a lot of concepts that aren't always straightforward in accounting. So I would say your job is safe :)
@@rylieconstance Thank you so much❤
@@Daphyne95 AI will not replace people in the accounting profession, it will work with people
I’m in internal audit and I would say I don’t think any company would ethically or legally be allowed to rely on AI for anything in the near future. For every transaction that is calculated using software or anything that the accounting department does that relies on software HAS to be calculated manually as well and any differences over a certain threshold have to be investigated. There are too many internal controls in place with companies that don’t allow complete reliance on tech.
Nice video ☺
Thank you!!! 😊
is corporate the same as industry? How do I get to corporate after grad?
My advice is to choose an industry you're interested in and start applying for staff accountant roles. For me, I really liked working in retail in high school/college so I just starting applying at retail companies. I worked as a staff accountant for Foot Locker for 2 years and loved it!
When did you decide you wanted to be an accountant?
Probably my junior or senior year of high school. I was lucky that I had a few accounting classes in high school so I had some exposure to it before college 😊
Do you have to be good in math to be an accountant?
You do not! In terms of math, accounting is just addition and subtraction 😊
Depending on which branch of accounting you're talking about, you can end up using any of the following: addition, subtraction, multiplication, and division. This is the bulk of accounting. Most people won't need more than this.
For a college degree, you'll end up taking statistics in almost every school, so percentages, maybe a bit of algebra. Some schools want you to take introductory calculus like pre-calc and/or calculus 1. I just looked at the University of Minnesota and their program is just statistics so don't let the idea that calculus could be involved scare you away. That's really more applicable to finance oriented jobs rather than accounting.
I'm 32. I've been using Kahn Academy to brush up on math topics I haven't touched since high school. It's free and covers a variety of topics, so you can study the areas you think you don't understand well, at your own pace, without any pressure. It's a great tool. I'd highly recommend it to anyone at any stage of life.