[Anonymous]

Hey I was wondering what is the average entry level accountant salary in nyc so I can have a good idea of what to reply during interviews asking for salary expectation

Am I correct in assuming it to be in the 50k range, thats based on my research on sites like glassdoor.com and pay scale

[NYCaccountant]

Hell no! lol I make about 30k more now. You get your biggest raises when you switch jobs. I was upset 5 years ago about money and i'm upset today about money. This is NYC, so you will never make enough, and you will always make too little. You really start to make money once you become a controller or manager. You might have children, a wife by then, so you'll still be broke lol. Trust me, I understand your frustration.

FAR - 93
REG - 87
BEC - 84!!!!
AUD - 99!!!!!! CPA exam complete.

[NYCaccountant]

Hell no! lol I make about 30k more now. You get your biggest raises when you switch jobs. I was upset 5 years ago about money and i'm upset today about money. This is NYC, so you will never make enough, and you will always make too little. You really start to make money once you become a controller or manager. You might have children, a wife by then, so you'll still be broke lol. Trust me, I understand your frustration.

FAR - 93
REG - 87
BEC - 84!!!!
AUD - 99!!!!!! CPA exam complete.

[Anonymous]

alot of the jobs ive been interviewing for they mention long hours so im also taking into account the hourly rate. right now i never need to work more than 40 hours a week, so theres that

[Anonymous]

alot of the jobs ive been interviewing for they mention long hours so im also taking into account the hourly rate. right now i never need to work more than 40 hours a week, so theres that

[Anonymous]

@cpa066729 COL is lower here than in NYC, for sure, but I promise you I wasn't making that much either. 😛 I was hired in at $8/hr, 32 hrs/wk. Minimum wage is $7.25. I made more working at a grocery store than in public accounting! My take-home pay would've barely paid rent anywhere, not to mention gas, car insurance, utilities, food, etc.

However, I got a raise after a few months there, and then switched jobs for a 50% raise. Now with COL adjustments, I'm probably making comparable to $50-60k in NYC.

[Anonymous]

@cpa066729 COL is lower here than in NYC, for sure, but I promise you I wasn't making that much either. 😛 I was hired in at $8/hr, 32 hrs/wk. Minimum wage is $7.25. I made more working at a grocery store than in public accounting! My take-home pay would've barely paid rent anywhere, not to mention gas, car insurance, utilities, food, etc.

However, I got a raise after a few months there, and then switched jobs for a 50% raise. Now with COL adjustments, I'm probably making comparable to $50-60k in NYC.

[ymmit]

50's is good for first job.

Licensed CPA!

[ymmit]

50's is good for first job.

Licensed CPA!

[JY]

My first accounting job was at a small firm of 20 employees. I was offered high 30s. Regional firms typically offer high 40s ->low 50s.

REG: 86 8/3/13
BEC: 85 8/31/13
FAR: 87 10/27/13
AUD: 90 11/30/13

[JY]

My first accounting job was at a small firm of 20 employees. I was offered high 30s. Regional firms typically offer high 40s ->low 50s.

REG: 86 8/3/13
BEC: 85 8/31/13
FAR: 87 10/27/13
AUD: 90 11/30/13

[Keely]

If the cost of living in NYC is anything like DC, I don't see how you can be comfortable on $50K. I was offered 53K at a regional firm in DC and after looking at housing, taxes, food, gas, etc., I was hardly going to be able to save anything. I imagine NYC cost of living is even higher than DC.

Use this cost of living calculator. https://money.cnn.com/calculator/pf/cost-of-living/ I put in a salary of 55K (what I make as an entry level tax acct at a regional firm) in New York City (Brooklyn) and it comes out to a little over 30K in Houston dollars (where I live now). I would strongly suggest moving if they only offer you 55K!!!

BEC: (4/2012) 88
AUD: (5/2012) 91
REG: (8/2012) 82
FAR: (1/2013) 78 🙂

VA CPA #42010

[Keely]

If the cost of living in NYC is anything like DC, I don't see how you can be comfortable on $50K. I was offered 53K at a regional firm in DC and after looking at housing, taxes, food, gas, etc., I was hardly going to be able to save anything. I imagine NYC cost of living is even higher than DC.

Use this cost of living calculator. https://money.cnn.com/calculator/pf/cost-of-living/ I put in a salary of 55K (what I make as an entry level tax acct at a regional firm) in New York City (Brooklyn) and it comes out to a little over 30K in Houston dollars (where I live now). I would strongly suggest moving if they only offer you 55K!!!

BEC: (4/2012) 88
AUD: (5/2012) 91
REG: (8/2012) 82
FAR: (1/2013) 78 🙂

VA CPA #42010

[onmywhey]

To give you an idea, I was recently offered $4800/mo at one of the Big 4 tax in the Bay Area for an internship. I know I could be working more hours but the offer was stated in monthly comp, not hourly.

Not to hijack the thread, but does anyone know how much this would ultimately translate if I was offered a full-time considering I will have a Master's in Accounting with tax emphasis?

Would my full-time offer be $4800 * 12 : $57,600

or

$4800/160: $30.00 * 2080 : $62,400

Also, not everyone has a Master's in Accounting so if I was given a full-time offer would they then subsequently offer like 1-3k more for a Master's in Tax?

[onmywhey]

To give you an idea, I was recently offered $4800/mo at one of the Big 4 tax in the Bay Area for an internship. I know I could be working more hours but the offer was stated in monthly comp, not hourly.

Not to hijack the thread, but does anyone know how much this would ultimately translate if I was offered a full-time considering I will have a Master's in Accounting with tax emphasis?

Would my full-time offer be $4800 * 12 : $57,600

or

$4800/160: $30.00 * 2080 : $62,400

Also, not everyone has a Master's in Accounting so if I was given a full-time offer would they then subsequently offer like 1-3k more for a Master's in Tax?

[Anonymous]

@onmywhey I would guess that a full time offer would be calculated the first way, not the 2nd, since there's 12 months in a year, but more than 160 work hours in a month (40/wk * 52 wks/yr = 2080 hrs/yr; 2080 hrs/yr ÷ 12 months/yr = 173 1/3 hours/mo). However, if by “full-time” you mean “salaried”, whereas right now you're limited to less hours, then I would definitely expect (and require…) a raise if the hours would increase! It sounds, though, like your expectation is that right now you're salaried with unlimited hours and that in the future you might be hourly. I wouldn't count on that, because usually moving up the ladder includes moving from hourly to salaried, not vice-versa.

[Author]

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