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 Big 4 Recruitment Drive

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Topace111
post Mar 2 2010, 07:44 PM

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QUOTE(1221 @ Mar 2 2010, 06:09 PM)
hi. any1 got idea nowadays how long do ey and kpmg take to finalise and update u whether u r employed?? tq.
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EY took me 2 weeks, can be 1 week if doesnt clash with my other interviews. PwC also 2 weeks. MNC around 1 month.


Added on March 2, 2010, 7:52 pm
QUOTE(YOUGENE @ Mar 1 2010, 01:23 AM)
audit, advisory, tax--which 1 is the best? salary wise.....future prospect,etc.
& pls share about the job scope and so on.
tq
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Audit if you like to go home late, pay is peanuts compared to hours worked, but when reach partner whoa, when bonus come can change car just like that. But that route is not sweet. Travel a lot and work a lot too. Most of the time is due to lack of manpower.

Tax, not as fast paced as audit but all depends on how good your tax planning skill. Always heard they can go back at 5.30 cry.gif cry.gif . Rarely travel except to Pandan Indah or Jalan Duta.

Advisory is on project basis and need to fight for client. Sometimes you are damn busy but most of the time you are not. The interviewer told me they roughly go back after 7p.m. Really need to be able to "TALK" well and good research skills. One word the interviewer quote me, must be able to communicate from a lowly despatch boy all the way to the CEO him/herself.

If you want money, Big4 always underpaid their staff, especially junior ones.

This post has been edited by Topace111: Mar 2 2010, 07:52 PM
fastandfurious
post Mar 5 2010, 03:41 AM

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i've heard some pros and cons regarding joining big 4.. some say go medium firm can learn more (diversified industries and you will be given more responsibilities) and that in big 4 you will be doing the same thing throughout the year or only work for very specialised industry. How true is this? anyone, any insights? ;D
kyosukekisaragi
post Mar 5 2010, 08:31 AM

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QUOTE(fastandfurious @ Mar 5 2010, 03:41 AM)
i've heard some pros and cons regarding joining big 4.. some say go medium firm can learn more (diversified industries and you will be given more responsibilities) and that in big 4 you will be doing the same thing throughout the year or only work for very specialised industry. How true is this? anyone, any insights? ;D
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It's a partial myth. In a Big 4 firm, if you are doing assurance you are placed into one of several service lines that are specialised for certain industries. Depending on the firm, you may have specializations in banking, telecommunications, etc etc.

However, not all service lines are as narrow as that. At EY I was in a line called Services, which meant rojak to us employees. I audited a OnG company, a GLC company, a company that printed books, and a food franchisee company in a span of 6 months. I'm pretty sure you can't call that 'specialised industry'.

Responsibilities also vary, depending on your competencies and how enthusiastic you are at work, as well as your manager. If you look forward to all your assignments, hand in good quality work, and generally don't be a douchebag, your manager will most likely give you more and more responsibilites, as we are generally understaffed and overworked.
1221
post Mar 5 2010, 03:30 PM

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QUOTE(Topace111 @ Mar 2 2010, 07:44 PM)
EY took me 2 weeks, can be 1 week if doesnt clash with my other interviews. PwC also 2 weeks. MNC around 1 month.


Added on March 2, 2010, 7:52 pm
2 weeks means from the first day of interview until they confirmed you? thx.
if after 1 week of interview also no response means mostly no chance d...
Topace111
post Mar 5 2010, 06:57 PM

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QUOTE(1221 @ Mar 5 2010, 03:30 PM)
2 weeks means from the first day of interview until they confirmed you? thx.
if after 1 week of interview also no response means mostly no chance d...
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Yep day from I put in my resume till the day they give me offer letter. I was choosing so delay a bit.


Added on March 5, 2010, 7:23 pm
QUOTE(kyosukekisaragi @ Mar 5 2010, 08:31 AM)
It's a partial myth. In a Big 4 firm, if you are doing assurance you are placed into one of several service lines that are specialised for certain industries. Depending on the firm, you may have specializations in banking, telecommunications, etc etc.

However, not all service lines are as narrow as that. At EY I was in a line called Services, which meant rojak to us employees. I audited a OnG company, a GLC company, a company that printed books, and a food franchisee company in a span of 6 months. I'm pretty sure you can't call that 'specialised industry'.

Responsibilities also vary, depending on your competencies and how enthusiastic you are at work, as well as your manager. If you look forward to all your assignments, hand in good quality work, and generally don't be a douchebag, your manager will most likely give you more and more responsibilites, as we are generally understaffed and overworked.
*
Wow, another batch mate but I am just 5 months, you did go for orientation at melaka right ?. Its good to know that some folks are still hanging there.

I am with another rojak dept at TCE but under manager basis.
Director got one entertainment company which already defines one part of the name E.
So just touch all the subsi (>100). One person holds around few files, senior heavier subsi, junior normal subsi. Everything handle alone, from audit all the way to wrapping. Each one got their own files. Touched on service company, investment holding company, trust accounts (GFS work but not enough staff so just do it along), a foreign singapore company ($) and property & Real estate . So I have basicly touch all depts audit scope in one go tongue.gif

I will agree wholeheartedly on the understaffed part.


This post has been edited by Topace111: Mar 5 2010, 07:23 PM
fastandfurious
post Mar 6 2010, 03:39 AM

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QUOTE(kyosukekisaragi @ Mar 5 2010, 08:31 AM)
It's a partial myth. In a Big 4 firm, if you are doing assurance you are placed into one of several service lines that are specialised for certain industries. Depending on the firm, you may have specializations in banking, telecommunications, etc etc.

However, not all service lines are as narrow as that. At EY I was in a line called Services, which meant rojak to us employees. I audited a OnG company, a GLC company, a company that printed books, and a food franchisee company in a span of 6 months. I'm pretty sure you can't call that 'specialised industry'.

Responsibilities also vary, depending on your competencies and how enthusiastic you are at work, as well as your manager. If you look forward to all your assignments, hand in good quality work, and generally don't be a douchebag, your manager will most likely give you more and more responsibilites, as we are generally understaffed and overworked.
*
so let's say if i got into ey, you mean i should state my preference for "services"(TCE?) if I want to learn more? (Don't quite like banking lolz coz they give me the impression that i have to do a lot of sedentary work, not much travelling) Will they assign me based on my preference? Sry if this Q has been posted b4 ^^ & seriously is there not one soul here who works in deloitte assurance line? omG. lol. I read everywhere couldn't find any feedback from people who work @ deloitte audit dept.

& thx topace 4 ur insights.
kyosukekisaragi
post Mar 6 2010, 04:11 AM

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QUOTE
Wow, another batch mate but I am just 5 months, you did go for orientation at melaka right ?. Its good to know that some folks are still hanging there.


Nah. I'm even newer. Just started recently, like last week. =D But I interned at EY before.

QUOTE
so let's say if i got into ey, you mean i should state my preference for "services"(TCE?) if I want to learn more? (Don't quite like banking lolz coz they give me the impression that i have to do a lot of sedentary work, not much travelling) Will they assign me based on my preference? Sry if this Q has been posted b4 ^^ & seriously is there not one soul here who works in deloitte assurance line? omG. lol. I read everywhere couldn't find any feedback from people who work @ deloitte audit dept.

& thx topace 4 ur insights.
Yes, you can state your preferences. Or perhaps your manager might ask you. You can state that you do not want to do banking, etc. However, they may or may not give you the service line that you request if they think they need people elsewhere.
ThanatosSwiftfire
post Mar 6 2010, 01:20 PM

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ARGH. Anyone here feels the bosses can be horribly anal? Fark.
Topace111
post Mar 6 2010, 02:10 PM

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QUOTE(fastandfurious @ Mar 6 2010, 03:39 AM)
so let's say if i got into ey, you mean i should state my preference for "services"(TCE?) if I want to learn more? (Don't quite like banking lolz coz they give me the impression that i have to do a lot of sedentary work, not much travelling) Will they assign me based on my preference? Sry if this Q has been posted b4 ^^ & seriously is there not one soul here who works in deloitte assurance line? omG. lol. I read everywhere couldn't find any feedback from people who work @ deloitte audit dept.

& thx topace 4 ur insights.
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They will ask for preference but that depends whether that dept / manager wants you or not.
It also depends whether you prefer on the job basis (SVS) or on manager basis (TCE). REC is a combo or something.
You like to travel eh ? Just be careful for what you wished for.


Added on March 6, 2010, 2:11 pm
QUOTE(ThanatosSwiftfire @ Mar 6 2010, 01:20 PM)
ARGH. Anyone here feels the bosses can be horribly anal? Fark.
*
Which boss ? Client ? Firm ?

This post has been edited by Topace111: Mar 6 2010, 02:11 PM
fastandfurious
post Mar 6 2010, 06:50 PM

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[quote=Topace111,Mar 6 2010, 02:10 PM]They will ask for preference but that depends whether that dept / manager wants you or not.
It also depends whether you prefer on the job basis (SVS) or on manager basis (TCE). REC is a combo or something.
You like to travel eh ? Just be careful for what you wished for.


Added on March 6, 2010, 2:11 pm

So... which one is better, SVS or TCE? does this job basis only apply to EY ? O_o... I'm still waiting for EY to ask me to go for interview/assessment. wanna get in there. daMn sad.gif

This post has been edited by fastandfurious: Mar 6 2010, 06:50 PM
Topace111
post Mar 6 2010, 07:46 PM

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[quote=fastandfurious,Mar 6 2010, 06:50 PM]
[quote=Topace111,Mar 6 2010, 02:10 PM]They will ask for preference but that depends whether that dept / manager wants you or not.
It also depends whether you prefer on the job basis (SVS) or on manager basis (TCE). REC is a combo or something.
You like to travel eh ? Just be careful for what you wished for.


Added on March 6, 2010, 2:11 pm

So... which one is better, SVS or TCE? does this job basis only apply to EY ? O_o... I'm still waiting for EY to ask me to go for interview/assessment. wanna get in there. daMn sad.gif
*

[/quote]

That is very hard to say,
SVS depends whether you get allocated to which jobs. Sometimes you have nothing to do sometimes too much to do.
Then its hard to form permanent relationship since you are moving here and there, teams are normally on adhoc basis. So you can meet a lot of people in that sense too. Extra exposure but lack cohesiveness. Because on the job basis, you will normally be posted alone or with minimal team members on the job, so anything dont know hard to communicate with seniors or managers.

TCE on manager basis, if your manager/director got a lot of portfolios then you got plenty of things to do, if not then sit there and be loaned out. TCE is actually "others" but not nice to put it that way so they just pick 3 largest client hence called telco, comm and entertainment. Technically they got banks, services and RCE too jobs too. But TCE main clients are actually manufacturing, but then again no one will put that as dept name right ?
Normally there are Director, Senior manager and manager. If you are drafted into a higher ranked superior then more things to do lo. If get director just be a bit careful cos they are pushing for partner so they want super staff in their team for major portfolios. This is the problem with manager basis, if they got 3 portfolios on let say Dec year end you will split yourself into 3 if got no staff, happens to me but its not just 3 portfolio sweat.gif sweat.gif . sigh.

EY got no assessment, just interview. Not difficult to get in but is not easy to stay too. Labour turnover rate like crazy.
Err, I assume you are applying to other firms as well right ? Not wise to put all egg in one basket.
fastandfurious
post Mar 6 2010, 08:17 PM

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QUOTE(Topace111 @ Mar 6 2010, 07:46 PM)
That is very hard to say,
SVS depends whether you get allocated to which jobs. Sometimes you have nothing to do sometimes too much to do.
Then its hard to form permanent relationship since you are moving here and there, teams are normally on adhoc basis. So you can meet a lot of people in that sense too. Extra exposure but lack cohesiveness. Because on the job basis, you will normally be posted alone or with minimal team members on the job, so anything dont know hard to communicate with seniors or managers.

TCE on manager basis, if your manager/director got a lot of portfolios then you got plenty of things to do, if not then sit there and be loaned out. TCE is actually "others" but not nice to put it that way so they just pick 3 largest client hence called telco, comm and entertainment. Technically they got banks, services and RCE too jobs too. But TCE main clients are actually manufacturing, but then again no one will put that as dept name right ?
Normally there are Director, Senior manager and manager. If you are drafted into a higher ranked superior then more things to do lo. If get director just be a bit careful cos they are pushing for partner so they want super staff in their team for major portfolios. This is the problem with manager basis, if they got 3 portfolios on let say Dec year end you will split yourself into 3 if got no staff, happens to me but its not just 3 portfolio  sweat.gif  sweat.gif . sigh.

EY got no assessment, just interview. Not difficult to get in but is not easy to stay too. Labour turnover rate like crazy.
Err, I assume you are applying to other firms as well right ? Not wise to put all egg in one basket.
*
wah quite complete picture i got there from ur input! thanks a lot. tce obviously sounds better to me ...who wants to work alone for svs! somemore fresh grad haha. yea i'll see what i get. everyone has their own preference of which firm to go to. pwc rejected my application already so .. no choice either ey or kpmg is next lolz. well i don't mind deloitte but the fact that nobody is talking abt it scares me lol. can't know good or bad.
Topace111
post Mar 6 2010, 10:05 PM

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QUOTE(fastandfurious @ Mar 6 2010, 08:17 PM)
wah quite complete picture i got there from ur input! thanks a lot. tce obviously sounds better to me ...who wants to work alone for svs! somemore fresh grad haha. yea i'll see what i get. everyone has their own preference of which firm to go to. pwc rejected my application already so .. no choice either ey or kpmg is next lolz. well i don't mind deloitte but the fact that nobody is talking abt it scares me lol. can't know good or bad.
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Em got pros and cons, SVS normally deals with large clients with lots of subsidiaries / branches / office so they need auditors to go here & there. Example like MISC. Very little small clients and less "messy" also.
fastandfurious
post Mar 6 2010, 10:48 PM

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QUOTE(Topace111 @ Mar 6 2010, 10:05 PM)
Em got pros and cons, SVS normally deals with large clients with lots of subsidiaries / branches / office so they need auditors to go here & there. Example like MISC. Very little small clients and less "messy" also.
*
hmmm, assuming they put me under svs ... can i request to be changed under tce after maybe.. a year or so? Is it normal for ppl to change? & don't you feel a bit out of place coz u keep moving and you're not really working with the same people? Like it's all about business and no social bonding haha.

This post has been edited by fastandfurious: Mar 6 2010, 10:50 PM
Topace111
post Mar 7 2010, 01:07 PM

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QUOTE(fastandfurious @ Mar 6 2010, 10:48 PM)
hmmm, assuming they put me under svs ... can i request to be changed under tce after maybe.. a year or so? Is it normal for ppl to change? & don't you feel a bit out of place coz u keep moving and you're not really working with the same people? Like it's all about business and no social bonding haha.
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Social bonding ?
Yeah I guess you can make that while working on a beautiful sunday afternoon at an office with nobody in sight with no aircond somemore (which is what I am doing right now). Yeah we can curse the client together la. tongue.gif . I think the workload will keep your minds off a lot of things. The quantity and qualitative aspect of it.
chypher
post Mar 7 2010, 11:29 PM

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Hi guys,

I am planning to apply for internship to the Big 4 but I got stuck in KPMG's recruitment website because I could not proceed if I do not choose my job position.

However, if I choose any job position I will be automatically rejected because I haven't finish my studies yet and they of course will reject me because I am not qualified.

It maybe hard for all of you imagine what I am talking about, here's a screenshot of it.

» Click to show Spoiler - click again to hide... «


Anybody can help? sad.gif
CelineW
post Mar 8 2010, 10:01 AM

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QUOTE(chypher @ Mar 7 2010, 11:29 PM)
Hi guys,

I am planning to apply for internship to the Big 4 but I got stuck in KPMG's recruitment website because I could not proceed if I do not choose my job position.

However, if I choose any job position I will be automatically rejected because I haven't finish my studies yet and they of course will reject me because I am not qualified.

It maybe hard for all of you imagine what I am talking about, here's a screenshot of it.

» Click to show Spoiler - click again to hide... «


Anybody can help?  sad.gif
*
If you are applying for Audit, then just select Audit Associate and indicate that you are applying for "Internship". This is how I applied last time and it worked out.... Gud luck
chypher
post Mar 8 2010, 11:13 AM

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QUOTE(CelineW @ Mar 8 2010, 10:01 AM)
If you are applying for Audit, then just select Audit Associate and indicate that you are applying for "Internship".  This is how I applied last time and it worked out.... Gud luck
*
thanks. thank you so much
fastandfurious
post Mar 8 2010, 06:25 PM

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Guys, if you were given a chance to work in ...the mid-tier firms like bdo,rsm or gt in singapore(& singapore only) would you choose them over big 4 in malaysia? And what is your reason?

This post has been edited by fastandfurious: Mar 8 2010, 06:26 PM
Johnathan Sia
post Mar 8 2010, 06:39 PM

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Well... there's Sing dollars to look forward to that are pretty attractive...

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