As I worked for assurance, a typical day at work for me will start at around 9-9:30 in the client's office. It was an intense and rewarding experience for me. I was able to work independently on several working papers for several projects, which required the skills of multitasking, the tenacity in dealing with difficulty and the attention for small details including the formatting issues (I guess that's very important with every big four firms). The team is overall very efficient and hard working. And I do believe that everyone here appreciates hard-working. The hardest part could be an effective communication with the clients. They might be unwilling to provide every detail that you request and might get annoyed when you have a different opinion from you. The most enjoyable part is the satisfaction that you enjoyed when celebrating some small achievement with colleagues.
优点Great place to start accounting career, help you grow fast
缺点Short breaks, intense working hours, inevitable working overtime
A multinational company which focuses on providing professional services with outstanding team.
Mainly provide audit work and give opinion to listed companies based on US GAAP, IFRS and PRC GAAP etc.
Planning, execution, wrap up.
Demonstrated good understanding of audit methodology and regulatory rules.
Good team work culture.
Time management, job assignment, coaching staffs and monitoring the work process to make sure the work can be finished efficiently and effectively
The hardest part work of the job is to have a good communication with the clients to obtain audit evidence and identify if any audit issue.
A chanllenging job and can keep updated with updated accounting and auditing priciples.
Basic functions carried out at EY as an Assurance Intern
My summer internship at Ernst & Young Shanghai office helped me understand the basic construction of an audit plan and how to perform the mid-term audit review according to specific company situations. As an Assurance Intern, I was responsible for preparing financial documents for the cash and bank account portion of the mid-term audit review. To confirm all amounts on the balance sheet are legit and reasonable, I examined bank statements and reconciliations, and conducted client inquiries in order to gather further information on doubtful amounts on the balance sheet. My keen sense of attention to detail has strengthened throughout this internship, and I have also improved my communication skills through numerous client inquiries.
Work from 9 a.m to 5 p.m with 1.5 hours for lunch. Sometimes work after 5 p.m.
The manager of my group is very nice and taught me a lot like quality the first and never stop reading to improve myself.
My colleagues are all hard-working and then create a positive working atmosphere, improved working efficiency.
The hardest part of the internship is that I am totally fresher and meet many first time during working and then I need to spend more time to finish work. And always feel pressure during the internship
The most enjoyable part of the job is that I did learn a lot and feel the comfortable working environment. And know about the difference between study and work more clearly.
Your experiance may vary besed on which department you worked for
I was working for the Actuary Department at EY China focusing on life insurance. People are friendly here and would give you a lot help on actuary exam studying and working. Our director and partners are friendly and full of passion on expanding our job in other countries. It actually dominates Korean actuary auditing market. The only cons is that other departments and other partners are way too friendless. I would say be aggressive is good on business negotiation but it is terrible towards within company. In general, I was satisfied with my experience here.
Wokred 9-6, primarily in admin capacity for Learning management support. Learned a great deal about reporting, Change management, interanl coimmunications. Management good, but old guard relies too much on rep and can be ineffectivce at setting proper example. Co-workers are friendly and very capable. Hardest part of job is dealing withexternal providers who need improvement in their service delivery. Most enjoyabel is wokring with and serving internla clients, building strong personal and effective working relationships
优点flexible working arrangement
缺点low salary for role, too few roles for advancement in HR
I engaged in this job after I acquired my accounting degree.
This is E&Y's Chinese head office which allocated in the centre of China's capital city-- Beijing.
From the time of being an auditing apprentice, I found auditors in Chinese is extremely busy. But influenced by E&Y's enterprise culture, everyone in the team enjoy the daily work, and the task allocation and its time management make them feel their job is meaningful.
The three month work in E&Y provide me a window to international accounting firms, and which enhanced my willing to be an export in this career.
优点the sense of self achievement
缺点a mass of business travels (more than 20 days a month)
During my assurance internship, I experienced three business trips including cities like Shanghai, Wuxi and Wujiang. From working in three different companies, I recognized how the working would be like as assurance accountants. I assisted managers casting and vouching the accounts of our clients. I prepared several working papers including Cash and Fixed Assets. I really enjoy work with different teams and switch my characteristics when dealing with different colleagues. the hardest part of the job must be carefulness. Assurance need to be focused a lot with numbers and can not bear for negligence.
• Evaluated as performing in the top 5% among peer intern group. Given highest performance rating for 4 consecutive projects in high-tech, retail, and manufacture industries
• Completed within short period several important control tests, substantive procedures, and working paper sections such as fixed assets and accounts payable; selected by the project manager as the sole intern to draft and modify the final Summary Review Memorandum
• Took rare role for intern to independently complete the cash and salary accounts in a preliminary audit by frequently communicating with clients from various departments and quick learning
Detail-Oriented, thorough audit methodology, good training plan
Provided audit services to the companies listed in HK Exchange Stock Market. Worked closely with the clients for financial report audit, kept the clients posted with audit findings and engagement status.
Obtain agreement from the clients for the audit findings identified prior to issuing final report, always provided second chance to the clients for clarification.
Hard work was recognized and appreciated by both the clients and EY management.
优点People first. Team building event, family day etc.
I am in one of the smallest consulting departments in EY (M&A) which happens to also be one of the highest profit centres due to the scale of projects. However, my pay does not correspond with this as most of the fees will obviously be pocketed by the profit-sharing partners. I have no problem with this but what I consistently find absolutely demeaning is that the partners and managers expect you to give it your all in each engagement yet feel the need to make it very difficult to ask to claim for any of the overtime hence making you the equivalent of a corporate slave and that stems from the fact that there is a big gap between the manager's expectation of work turnaround and your ability to deliver.
This comes at a more stirring time when our already very small department has suffered ridiculously high turnover rates towards the end of 2020, leaving a lot of the remaining seniors to have to pick up the slack in double time and at half the manpower than we had. Our pay has also been adjusted downwards due to the pandemic.
As much as our partners refuse to see to our concerns, the high turnover really boils down to the truly questionable managerial capabilities of many of the managers who abuse their power in some very insidious ways. In particular, I've recently had one who refused to pull her weight in an engagement and expected me to work on the entire project alone and be at her beck and call whenever. Her entitlement made me resent my job as I suffered alone while she
缺点Managers who abuse their authority and uninspiring partners (limited to the department you're in), parking is horrendous and expensive, there is little to no options for food nearby
• Reengineered the process for importing data files from various locations, which reduced the processing time taken by about 70%. • Captured and forma
• Reengineered the process for importing data files from various locations, which reduced the processing time taken by about 70%.
• Captured and formatted financial statements of 90+ Fortune companies belonging to13 different industries from the SEC EDGAR database.
• Gathered XBRL based Business Requirements for developing intelligent financial Accounting agent.
• Authored System Requirements document, Use Case Specifications, Systems Requirement Specification (SRS), System Requirement Change Request, Data Dictionary along with the technical staff and developers.
• Developed Business Model (data/object/network/process) describing future state to-be environment.
• Supported and assisted Developers (JAVA, JSP) and QA in developing Quality Control (QC) test plans and test scripts, as well as supporting and assisting clients in all testing phases through UAT.
• Monitored all milestones, SOP’s and project statistics, such as defect rate and severity of the project.
• Reported defects in a defect tracking system with the use of an extensive XBRL taxonomy, communicated the defects to the developers and/or included it in the systems limitation report.
• Conducted systems evaluation, submitted the system maintenance/ enhancement/ scalability reports and systems limitation reports as the final deliverable.
• Project results were submitted for consideration at the 35th annual Hawaiian International Conference on Systems Sciences.
• Achieved an increased understanding and stan
A typical day at work involved having a brief catch up with my group leader (Asia Pacific Private Equity Leader) to discuss the weeks work in progress and what needed to be completed and then working on those tasks in order of priority and urgency. Tasks could include overseas/domestic travel arrangements or creating itineraries for a client roadshow or important trips, client team meeting preparation and execution (creating agendas/action items), managing partners (three) calendars and monitoring emails, making sure partners are getting to meetings on time and action any outstanding tasks were a typical part of my daily routine.
I learned that I worked well at multitasking different projects including completing different partners specific and demanding requests and making sure I prioritized and was timely on my completion. I also learned that the best way to juggle so many tasks is to put these tasks in order of high to low priority and take it one step at a time as I worked in a very fast-paced environment with the responsibility of three very demanding partners.
Due to an increased transaction workload, the team grew exponentially from about 20 to 40 in about a year and a half. As a result of this growth, we were short on administrative assistance and the pressure on me and my workload increased significantly for a while until we hired another assistant. In the meantime though, I was likable and always helpful and knowledgeable on everything EY related so most of th
Like the other Big 4 public accounting firms, EY is a great place for a budding accountant fresh out of college to start their careers. You can gain exposure to a large number of industries and clients, each facing their own unique issues that EY has to help resolve. There are a ton of great resources to learn from; there literally seems to be an expert in every possible aspect of accounting working at the firm. The company's management is also very supportive of workplace flexibility, although this mindset varies from team to team. However, working here is definitely not without its faults.
As a client serving organization, expectations are set extremely high for employees and there is always a deadline to meet, often times conflicting. Busy seasons are brutal and just when you think it's all over, another client might be facing a new issue and you're working on a new deadline again. Things come up all the time and you always feel on call 24/7. There is a definite feeling of a lack of work-life separation and that can really wear on you over time.
While most people are very supportive here and want to help you succeed in your careers as it makes their lives easier the better you are at your job as well, there will also be times when you don't see eye to eye with a fellow colleague and still be forced to work together on a project. You won't always get along with everyone you work with and you can't choose who you get to work with either. Perhaps the most frustrating aspe
优点Lots of Knowledge about the Industry, Great Resources, Resume Builder, Flexibility Promoted
缺点Long Hours, Very Demanding Profession, High Stress Work Environment
Productive and fun workplace with amazing people working with me.
I worked at EY full-time for 2 weeks
Pros
-Good expense policy (appropriate allowances for breakfast/dinner and you can keep all rewards points for airfare, lodging, rental cars, etc). -Culture is very people oriented. Flexibility and employee work/life balance is stressed greatly by management. EY stresses the importance of taking care of one another. Great maternity / parental leave policies and very flexible work arrangements are available when you need it. I often worked remote from my wife's apartment when we were long distance. -Work life balance is awesome (don't believe the rumors, if you're a smart person and you produce good work, EY will reward you with a generous work life balance). -Vacation policy! 21 days for managers plus 3 personal days and unlimited sick days. -Most teams will work from home on Fridays when traveling -EY has a program where you can decide not to accept a blackberry and instead have EY pay your personal cell bill (up to $150 / month for managers). -Events thrown by EY are larger than life (especially the events when you're promoted to Manager, Sr Manager, or Partner). They are truly amazing experiences. -Opportunity to see many different companies across a broad range of industries -Lots of professional development opportunities -High potential for advancement. You do not have to wait for a spot to "open up" to get promoted. -HR is wonderful -EY really tries to take care of employees at an individual level. If you're unhappy, you can actual
SyCip Gorres Velayo & Co. (SGV), a member firm of Ernst & Young Global Ltd. (EY), is the largest multidisciplinary professional services firm in the Philippines since 1946. The firm is packed with CPA top-notchers, exceptional professionals as well as talented individuals.
Being a Transaction Support professional, it is a must to keep myself up-to-date with the current news and SGV-information center assists us by sending daily news update organized per industry. We also have access to various external resources such as S&P Capital IQ, mergermarket, and Business Monitor International to help us develop our insights as we deliver advice to our clients. As an associate director, it is my obligation to manage my team in order to maximize engagement efficiency, quality, and profitability. I always keep a list of my "To Dos" at the start of the work, after I refresh myself with the current news. This helps me breakdown those requiring urgent attention until the least important matters.
For every project I am engaged with, I see to it that I have a good understanding of the client's objectives and the target's business overview. In Transactions Advisory Services, we are composed of different professionals not just CPAs. These professionals really come in handy whenever we need to consult for a special matter.
I really love to put things in a very orderly and organized manner so that tasks will be achieved smoothly. I ensure that I deliver the right information to
Do not work here! Toxic culture, below market pay.
I have been working at ey for under a year and I have not enjoyed one minute of it. Firstly, when I was hired I was told that my salary was nonnegotiable which I later found out was a lie from colleagues who were hired. When you are first hired they will make it seem like you are in control of your career and that you have flexibility to work on multiple different engagements that will benefit your career, that is not true at all. If you are not on a project, your experience manager will pressure you to get on a project, regardless of if it has anything to do with your previous experience or interests. I think most of this stems from the experience managers not knowing about what the different engagements actually entail. I have had various conversations with the experience managers and they literally have no idea of the certifications that I hold or the experience that I have, which doesn’t make sense considering the fact that they determine which project you should be assigned to. The culture at ey sucks, managers have this idea that they can use the staff as they please and pretty much assign any task to you. When you are assigned to a project as a staff or senior staff you don’t get assigned a specified set of tasks, you are pretty much there to do whatever the manager tells you to. This is unfair because there is no limit on what is right and wrong. I literally have had managers tell me to lie, and do things that I was completely uncomfortable doing. The funny thing is,
EY is a place with family atmosphere, Enjoyed initiating new programs for staff health and benefit plans for employees
With a bouquet of administrative things handled my previous one gave me immense pleasure in organising programs self handedly.
Arranged for free health camps to check 700 employees BP, Diabetes, Blood count. Took up many measure weekly to ensure they think about their health and reduce their stress.
I was in charge of arranging free bus transport to pick up employees from home to work, this area was 10 kms distance from office to residences of employees. Employees concentrated staying in the city and hence this plan was successful and appreciated by everyone. Dubai summer which crosses 50 deg celcius, smaller bus shuttled from parking area to office, a radius of 5 kms once every hour. Even the higher management would use the bus to avoid walking in the scortching Dubai heat.
Hardest part of the job was to reconcile the medical insurance plan for all employees. I had spotted 17 cases that were reduntant and premium for those were being paid even after the employees resigned a year back.
Management gave us opportunity to manage drivers, I chaired the committee to hear their complaints and bring out solutions for their better professional career. Organised a sponsored body check up for drivers to ensure they are not suffering any disease to ensure they are capable of driving the top management bosses for long distances every day for meetings. Also encouraged them to participate in jobs out of their profile like helping around in a conference with distribution of p
优点Free air ticket provision yearly for self and spouse and children to all employees
My final grading "***" is simply not to affect the good professionals working in the organisation. My grading would have been a "**"
My experience in this company, over the ten years, varies from working with a highly executive team in the ITS department, to a painful experience at the Global Delivery Network. ITS, International Tax Services, Transfer Pricing, had good executive management and highly trained and skillful managers, where workload was huge in terms of administrative tasks, but where enthusiasm and leadership encouraged a large team of professionals to do their best and developed a high-performance team.
The salaries at the company are significantly lower than for similar positions in other companies, some times much much lower, setting their trained bilingual employees salaries at the same level as surveillance guards or cleaning personnel, etc.
The administrative functions for the company as a whole (HHRR, GENERAL SERVICES, others) lack good professional organisation and standards. Ranks and salaries are managed discretionally, at least for the administrative functions and separately from each other. A rank does not imply a salary or salary range..., they express. A non-bilingual and unskilled clerk might have a much higher salary than other qualified and bilingual employees with good performance. The performance appraisal system for administrative assistants is unprofessional and twisted according to political needs/binds, personal preferences, and
This review is specifically for the Consulting role.
For most people, the main pull of this job is going to be job advancement. While the firm pays a lot of lip service to promoting based on performance over tenure, this isn't entirely true. In practice, there are still a minimum amount of time they want you to spend in each role. Only the absolute top performers (think culture coin) are able to get around this. Additionally, this timeline is changing and can be longer depending on who you roll up to. So, while your area might think it should take 3 years minimum to the next level, other areas will promote at 2 years.
The travel aspect of the role is worse in practice than it is on paper. You may think at the travel percentage and think that it is manageable. Make sure to take into consideration that 4 days before your flight, you might not know when or where you traveling to.
You truly must like travelling for work. This is different than normal travel. You will be in a crowded room with your team until most of the employees at the client have left. You are then typically encouraged to go to a team dinner. This can frequently result in you leaving your hotel at 8AM and not getting back until 9PM. This must be something you WANT to do. I was initially neutral on travelling for work, but I gradually began to hate it as time went on.
Other notes: The type of projects you will be on a largely out of your control. Where you are travelling for you projects are largely out o
优点Expensing meals while traveling, job advancement (typically)
