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 Manager salary in Audit Firms

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TStannyboy91
post Dec 11 2020, 10:56 PM, updated 6y ago

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Just wondering what is the salary range for managers in audit firms in Malaysia?

Those in Big 4 or mid tier firms feel free to comment

This post has been edited by tannyboy91: Dec 12 2020, 12:43 AM
hirano
post Dec 11 2020, 10:57 PM

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10000000000
metalfire
post Dec 11 2020, 11:00 PM

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RM20k, no give tell them go fly kite and simpan kulit.
TStannyboy91
post Dec 11 2020, 11:04 PM

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QUOTE(metalfire @ Dec 11 2020, 11:00 PM)
RM20k, no give tell them go fly kite and simpan kulit.
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Wow
tatmeng
post Dec 11 2020, 11:05 PM

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QUOTE(hirano @ Dec 11 2020, 10:57 PM)
10000000000
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TS should trust this kakak. HR pipul.
Don't pray pray
Noyoudontcare
post Dec 11 2020, 11:06 PM

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Pretty sure its sub 10k.,,saw a 30+ manager in one big 4 salary slip
anggaPra
post Dec 11 2020, 11:16 PM

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My ex-boss was Deloitte audit manager.. his last drawn salary was 7.8k.. he said audit manager salary range also quite big.. some only earn about 5k.. some earn 10k+..
ycs
post Dec 11 2020, 11:19 PM

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pls dont waste your life auditing
TStannyboy91
post Dec 12 2020, 12:42 AM

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QUOTE(anggaPra @ Dec 11 2020, 11:16 PM)
My ex-boss was Deloitte audit manager.. his last drawn salary was 7.8k.. he said audit manager salary range also quite big.. some only earn about 5k.. some earn 10k+..
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But but this is many years ago or quite recent?
TStannyboy91
post Dec 12 2020, 12:43 AM

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QUOTE(Noyoudontcare @ Dec 11 2020, 11:06 PM)
Pretty sure its sub 10k.,,saw a 30+ manager in one big 4 salary slip
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Wow that much?
TStannyboy91
post Dec 12 2020, 12:43 AM

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QUOTE(ycs @ Dec 11 2020, 11:19 PM)
pls dont waste your life auditing
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Why?
anggaPra
post Dec 12 2020, 09:25 AM

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QUOTE(tannyboy91 @ Dec 12 2020, 12:42 AM)
But but this is many years ago or quite recent?
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He left the firm on 2017.. with the stagnant increment it should b more or less the same now.. or even lower due to pandemic idk lol.. cus i know UHY middle management salary are being cut.. not sure about big 4 tho
TStannyboy91
post Dec 12 2020, 03:05 PM

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QUOTE(anggaPra @ Dec 12 2020, 09:25 AM)
He left the firm on 2017.. with the stagnant increment it should b more or less the same now.. or even lower due to pandemic idk lol.. cus i know UHY middle management salary are being cut.. not sure about big 4 tho
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Audit salary and the workload really doesnt go hand in hand. However they get promoted easily compared to corporate
SUSceo684
post Dec 12 2020, 03:09 PM

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QUOTE(anggaPra @ Dec 11 2020, 11:16 PM)
My ex-boss was Deloitte audit manager.. his last drawn salary was 7.8k.. he said audit manager salary range also quite big.. some only earn about 5k.. some earn 10k+..
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Senior executive (senior con) already getting 5k
Manager also 5k? Doesn't really make sense
Blofeld
post Dec 12 2020, 03:10 PM

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QUOTE(ceo684 @ Dec 12 2020, 03:09 PM)
Senior executive (senior con) already getting 5k
Manager also 5k?  Doesn't really make sense
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small firm managers are not paid very high.
gogocan
post Dec 12 2020, 03:20 PM

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tax manager in some big 4 starting at RM 9k...a bit low but for 30+ age not bad la. But not many can tahan the workload.. that is why the turnover is quite high in audit firm.

workwise once attain the necessary experience CV also dah cantik.. better jump to GLC MNC to get more with lower workload.


fireballs
post Dec 12 2020, 03:23 PM

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Depend on you are the trouble maker or trouble solver to the client.
SUSceo684
post Dec 12 2020, 03:24 PM

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QUOTE(Blofeld @ Dec 12 2020, 03:10 PM)
small firm managers are not paid very high.
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I was in the no.4 big4 as senior con before in the past 2 yrs bruce.gif
SUSagewisdom
post Dec 12 2020, 03:30 PM

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QUOTE(tannyboy91 @ Dec 12 2020, 12:43 AM)
Why?
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Audit workload doesn't let up and you're not really learning valuable skills from a market standpoint. Once you reach manager/senior manager, the more important skills are relationships. Whether you got business contacts to get more clients and increase audit fees. That'll help you go up to partner.

Technical skills usually Big 4 got plenty of people to cover, from managers to technical partners. It's relationships and marketing skills that'll get you ahead to partnership level.

Unfortunately, this means if you're can only get ahead if you're from the upper class tier [real upper class] or if you manage to 'jilat' enough corporate clientele.

To get to higher levels like senior manager or partnership, you have to be able to bring in more profits than what you're getting, else why they bother to make you a partner. If you've the right contacts and can bring in big clients, you DON'T need much technical skills. All your downliners can mostly handle and you just 'sign'.

If you don't make the jump, don't bother staying in audit firm. For that sort of stress, jump to investment bank better. Higher salary, higher bonus, same shit stress levels. At least IB skills might be more useful later when switching. Audit - stay max 5 years.

This post has been edited by agewisdom: Dec 12 2020, 03:35 PM
TStannyboy91
post Dec 12 2020, 03:54 PM

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QUOTE(agewisdom @ Dec 12 2020, 03:30 PM)
Audit workload doesn't let up and you're not really learning valuable skills from a market standpoint. Once you reach manager/senior manager, the more important skills are relationships. Whether you got business contacts to get more clients and increase audit fees. That'll help you go up to partner.

Technical skills usually Big 4 got plenty of people to cover, from managers to technical partners. It's relationships and marketing skills that'll get you ahead to partnership level.

Unfortunately, this means if you're can only get ahead if you're from the upper class tier [real upper class] or if you manage to 'jilat' enough corporate clientele.

To get to higher levels like senior manager or partnership, you have to be able to bring in more profits than what you're getting, else why they bother to make you a partner. If you've the right contacts and can bring in big clients, you DON'T need much technical skills. All your downliners can mostly handle and you just 'sign'.

If you don't make the jump, don't bother staying in audit firm. For that sort of stress, jump to investment bank better. Higher salary, higher bonus, same shit stress levels. At least IB skills might be more useful later when switching. Audit - stay max 5 years.
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So to those accounting grads out there, they won’t be missing out if they don’t join audit as their stepping stone career path?

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