What would you do?

  • Creator
    Topic
  • #198921
    amandafaith15
    Participant

    I work as the controller for a small oil and gas company. I’ve been with the company for 4 years. I started as an entry level accountant and worked my way up. I’ve been controller since February. I had 3 employees and now 2. My company is in obvious financial trouble, but it doesn’t seem like the owner is willing to fix it. The General Manager is leaving and I think some of the other managers are too.

    The last thing I wanted to do is change jobs. I don’t work more than 40 hours a week and have relatively low stress. Plus I know trying to learn a new job while studying would be extra stressful.

    Between the financial situation and managers jumping ship, I think it’s time to look for a new job. This could also solve my issue regarding the supervision /work experience requirement in Texas. My company is willing to engage a cpa to act as a supervisor but im concerned the company won’t last that long. They have also been paying for all my CPA exam expenses, but a lot of that was the general manager’s doing. I would probably have to pay them back for those expenses.

    I want to stay in the industry. I’m thinking maybe a staff /senior accountant or assistant controller.

    What would you do?

    REG -73 (8/2015) 81 (10/2015)
    AUD - 73 (11/2015) 84 (1/2016)
    BEC - 84 (2/2016)
    FAR - 77 (6/2016)

Viewing 4 replies - 1 through 4 (of 4 total)
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  • #751372
    Marlya
    Member

    I suggest sticking it out, because you have relatively low stress and are not working more than 40 hours. Put all your focus into passing the exams, so if/when the times comes that you need to look for another job, you will have the CPA behind your name. Having a new job plus studying for the exam is not ideal, at least not for me. Don't jump ship now because other managers are leaving.

    I also think because of your position, you would be the last to be let go in your department, and one or both of the employees under you will be let go before you.

    BEC - 66, 77 (3/14* expired), 82 (11/15)
    AUD - 58 (4/14), 76 (8/14)
    REG - 75 (6/14)
    FAR - 72 (11/14), 67 (1/15), 68 (5/15), 68 (7/15), 80!!!! (11/15)

    Licensed Florida CPA. God is Good!!

    #751373
    Anonymous
    Inactive

    I agree with Marlya, however with the caveat that you should get your CPA exams done as quick as possible so you can start looking for another job.

    #751374
    Anonymous
    Inactive

    I agree with Marlya, however with the caveat that you should get your CPA exams done as quick as possible so you can start looking for another job.

    #751375
    amandafaith15
    Participant

    I'm definitely upping my study time to get the tests done ASAP.

    REG -73 (8/2015) 81 (10/2015)
    AUD - 73 (11/2015) 84 (1/2016)
    BEC - 84 (2/2016)
    FAR - 77 (6/2016)

Viewing 4 replies - 1 through 4 (of 4 total)
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