Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Stuck in career dead end: How to get out?

views
     
TSPalisades
post Jun 7 2025, 08:02 AM, updated 6 months ago

New Member
*
Junior Member
44 posts

Joined: Dec 2024

Worked as a finance manager for 8 years in this co. Trouble is during the MCO, my boss placed me in a dead end job nothing to do with accounting and i did this job for the next 6 years. Destroyed my accounting career.

Whole day I do nothing but cut cost from other department. Hated this role. Told my boss many times that I wanted to out from this role, but my fault being too good at negotiating budget reductions that he retained me there.

I tried applying out of the company, but with this 8 years experience of doing this sampah job, no co wants to hire me. Making it worse, I am already in my late 40s.

I was too honest in my cv, didn't change it. Felt so demoralized, application after application kena rejected in jobstreet and almost zero response from linked-in.

I have another colleague in a similar predicament as me. He also was made to do dead end job nothing to do with accountancy, and he is a finance manager in my co. He got some job recruiters to "paint brush" his cv to make it look like he does closing work, budgeting, financial analysis, accounting software solutions, audited accounts compilation, internal controls, etc. But when he got his new job, he got caught by his new employers, as he struggled to proof that he could do those work, they investigated him and found that he lied in his CV, and buang kerja him.

So because of this, I am very careful not to lie in my CV and still use that dead end job description that I am currently doing to apply for work.

Still, I managed to get job interviews (not many), but I struggled when hiring manager asked me what I did in my current work. I tried to pitch my past job experience, but they were more interested in current experience. WHen they heard what i was doing is too operational, they just wasn't interested in my application.

And there was those that were interested to hire me: I did a background check on those co, and found that they were making losses, have cash flow issues, in net liability position. I didn't join them as I was concern about my long term prospects as those co show a big worry over how long they can last as a going concern,

And then there was one or two good companies, but they wanted me to work 7 days a week. I didnt' want to work like that.

Just saying, if you have kids or you are going to uni, please don't take accounting degree. I really envy those people in operation. They can so easily find jobs. My colleague even after he retired, because of his experience, his past colleague recommend him to new job. Accountants? Nobody bother to recommend us. We have to apply for jobs if current co no prospects. And then there is that dreaded finance closing. If you enter new company, new industry, you have to figure out how to do closing. Worse of all, if you have to handle finance staff everyday complain to you they want to resign because lack of prospects. When they leave, nobody else know how to do the work, understand the accounting system (so many system out there Oracle, SAP, etc). So you have to placaid the staff. Then every month closing have to stay back until midnight sometimes work in weekend. WHile you see your operation colleagues go back home at 530pm. Then finance environment also not so happy place to work, mostly women environment. I see operation people can go out to see clients, don't have to clock in to office. Everyday go into office have to clock in. Sigh...

So this is story of my life...late 40s stuck can't get out of this dreary company. My CV looks like crap because I have been doing dead end job for 8 years,, no company wants to hire me for my accounting expertise. Sigh...this is my rant.






TSPalisades
post Jun 7 2025, 08:08 AM

New Member
*
Junior Member
44 posts

Joined: Dec 2024
I also want to add:
Other people in operational just look to tomorrow don't have to worry about yesterday.
Accountants? we have to worry about things 10 years ago. Why? Because suddenly internal audit or external audit will ask you things.
Have to clear in suspense account: legacy left by your predecessors to clear shit.
Sigh, again don't join accountancy, you have to clean shit years ago. And if IT don't design Oracle or SaP properly more shit will come out.
Worse of all, internal audit everyday press why this why that, then finance have to be the police other departments show black face at you.

TSPalisades
post Jun 8 2025, 07:09 AM

New Member
*
Junior Member
44 posts

Joined: Dec 2024
QUOTE(agility @ Jun 7 2025, 09:11 AM)
I see nothing wrong. Why not just work until retirement?
*
Co getting more toxic. Battle between Team A and Team B. I am neither one, but the pressure is heating up due to stiff competition in the industry, with layoffs.

QUOTE(bigbang90 @ Jun 7 2025, 09:27 AM)
bit contradictory when TS mention can’t get new job but need to keep own staff because no one know how to do their role. yr boss might view you the same. maybe time to ask for higher pay instead? or talk to boss to explore job scope expansion so you can transition?

about outside opportunities, might be TS salary expectation too high already? it also does sound like you have opportunities but don’t want to risk jumping. 8 years is a long time and the anxiety is understandable. but it’s rare to jump from something you hate directly to something you love. often takes a few moves.

gd luck! doesnt sound too bleak or dead end.
*
I am talking about the finance industry overall. I've done this before, (not at current co), when you come in you are at mercy of the accounting staff aunties who knows the inside out of the accounting system, industry, way things are done on the excel spreadsheet.

Currently I am doing a cost cutting and revenue chasing targeting job which is not in demand.

I can't really tell whether is my salary expectation, my age or my JD. I wish Jobstreet or Linkedin got a system whereby if employer rejects they can state the reason.


QUOTE(knwong @ Jun 7 2025, 09:48 AM)
Rebrand your job title to “Finance Business Improvement Specialist”

More sexy for recruiter or hiring manager to call you up
*
I did. Not much success

QUOTE(Icehart @ Jun 7 2025, 03:33 PM)
Totally 100% your fault. Nothing to do with accounting or what you studied in your younger times.

No idea where you get the idea of what you study will dictate what you do for the rest of your life.
Just for your reference, I'm also an accounting graduate, 2nd class upper honors.

Do you know what I'm doing now?
Head of Marketing and also dabbling with cloud engineering as part of my side gigs (Some big MNCs are my clients and I still managing their stack). Totally unrelated to what I studied.

Point is upskilling is important and don't hold back - dabble and explore into what you like to do.
*
I have a question for you. DId you go straight to Marketing right after you graduated in accountancy?
Are you a double degree holder? IT/Accountancy?
Are you currently single or have family commitments?

QUOTE(silverhawk @ Jun 7 2025, 03:39 PM)
Sorry to say this, the problem is you

Nothing to do with your current job experience. Its all about how you sell your skills to the next company to hire you.

You even got offers to join a good company, but you reject cause have to work 7 days. You could take that job, work for 1-2 years then go to somewhere that is less intensive. Consider it a sacrifice to "freshen" your CV. But no, you damn picky.
*
Its exactly what I want to know. They rejecting me because my CV is not presentable? my age? my JD is all wrong?

Actually I've been trying to find job for past 5 years - still hard. Only recently past 1 year is this bad. I kena 50% rejection in jobstreet. Its the moment I hit 49. So I am kind of worried. My topic is now. Last year I never had this problem.

I wish I can take that job. Really. But I can't.
Because I've got family commitments, I can't work 7 days. I got a very young family. But that's another topic.
TSPalisades
post Jun 8 2025, 07:14 AM

New Member
*
Junior Member
44 posts

Joined: Dec 2024
QUOTE(jueiri @ Jun 7 2025, 08:15 AM)
If youre near late 40s juz stay on for few more years then can retire lo
*
Co getting more toxic, I can lose my job soon

QUOTE(kidmad @ Jun 7 2025, 08:17 AM)
dude your experience now is cutting cost.. that's your job, your bread and butter.. why you neglect that.. when you say your honest most likely your putting it in your cv in a negative way, try to make that as your selling point instead.. sometimes cutting cost is about cost avoidance, cost optimization. don't get them mix up. it's so important in today's world to ensure companies are sustainable.
*
thanks I will try these words: cost avoidance, cost optimization.

QUOTE(em_on @ Jun 7 2025, 08:53 AM)
Bro, be contented you still employed.
*
I may not be soon. Co getting more layoffs.

QUOTE(bcombat @ Jun 8 2025, 05:18 AM)
https://forum.lowyat.net/index.php?showtopic=5500251&hl=

suddenly TS become younger...51yo become late 40.  shakehead.gif  doh.gif
*
51 and 49 not much difference but most of it is true. 6 years in dead end position, then final year I managed to move to another position.
QUOTE(kevinc @ Jun 8 2025, 06:14 AM)
go get an mba
*
Already got. Not much use.

TSPalisades
post Jun 8 2025, 07:15 AM

New Member
*
Junior Member
44 posts

Joined: Dec 2024
QUOTE(NotAnotherNick @ Jun 7 2025, 08:24 AM)
i have no idea but just don't yolo and quit and do ehailing while looking... u gonna get stuck an even worse position
*
I am thinking of going into real estate.


TSPalisades
post Jun 8 2025, 07:25 AM

New Member
*
Junior Member
44 posts

Joined: Dec 2024
QUOTE(hzmaz2017 @ Jun 8 2025, 07:21 AM)
user posted image
*
wow thanks
TSPalisades
post Jun 10 2025, 11:48 PM

New Member
*
Junior Member
44 posts

Joined: Dec 2024
QUOTE(JimbeamofNRT @ Jun 8 2025, 11:55 AM)
THIS.

with so many companies out there "downsizing", you gotta count your blessings son

there are many out there who are eager to replace you with fraction of salary that u get now

from getting fixed salary to chasing sales, seriously being a salesman is not for everyone
*
count my blessing. I don't think so.

As I said if you do read, previous postings there is some truths, because I am in this dead end job, until I was transferred to a reporting role about 1 year ago.

I encountered issues with the staffs but managed to make peace with them.

Now I have new issue, co is downsizing, and I may be next on the block.


Except for the last year of my tenure, whereby I was moved to reporting. The past 6-7 years I was doing just target setting, telling sales they are not meeting target

QUOTE(poooky @ Jun 9 2025, 09:46 AM)
Last 30s very difficult to find new co unless got cable or specialized skills. After 40 noone wants anymore.

But sound like your job not bad. Can coast, get paid to shake leg and tokkok with others. Like this just coast until retire or laid off and take severance.
*
Get hated by other department for cutting their cost and pushing their targets.

Also my boss gets the promotion when we achieve target, I just get a mere bonus.

I am villified by the big bosses because I aggressively cut their budget.


QUOTE(afoka @ Jun 9 2025, 11:37 AM)
Aiya...sudah ada kerja pun bising ka...thousands people no work out there la... grateful lor...do side business abit la.
*
QUOTE(OrganicRepublic @ Jun 9 2025, 01:07 PM)
Start your own accounting and secretarial service if you’ve capital, it’s a high margin business low capital business.
*
That one not easy man. Esp when you are not big four firm.

QUOTE(dattebayo @ Jun 10 2025, 12:13 AM)
i think TS situation resonates with most salarymen out there for their age (late 40s)

in China they have the so called expiry after 35, Msia doesn't have that early but you can see it happens after mid 40s as well

somemore govt want to raise retirement age, so fucking funny
*
More suitable for engineers.

I know a few engineers that specilized, co keep them till 65yo.

For eg, I know a british engineer who used to work in my ex co, he has special skills to set up new plant and produciton line, that's why they kept him till 65

Accountants can be found by the thousands.

Recently I attended one accounting annual convention in Msia. THere were like 3000 of us members.

And not all attended mind you.

Accountants are many and easily repleaceble.

TSPalisades
post Jun 12 2025, 08:55 PM

New Member
*
Junior Member
44 posts

Joined: Dec 2024
QUOTE(Icehart @ Jun 11 2025, 05:08 PM)
1. No, after graduation I started with training, then gradually transitioned into digital marketing, followed by website development. From there, I moved into CRM systems, and now I’m working with cloud engineering systems. I reckon my next would be AI & System development (Analytics) as there's huge potential in this field.

But you should be able to see all the fields I move to are not related and need to relearn from scratch if want to be competent.

2. Just accountancy and don't even have finance. I know most people ended with Accounting and Finance.
3. Married.
*
You started after graduation, glad you've found the right choice.

Do you have kids?

I am finding hard to re-skill into another field due to the task of raising a family.

I am trying my best, but I think I am more focused on reskilling in my own field.
TSPalisades
post Jun 12 2025, 08:58 PM

New Member
*
Junior Member
44 posts

Joined: Dec 2024
QUOTE(OrganicRepublic @ Jun 11 2025, 01:30 PM)
Replying to
That one not easy man. Esp when you are not big four firm.

I’m sorry but I don’t think anyone can help you cause you’ve got no fire in you.

1400+ registered audit firms in Malaysia and you say it’s not easy cause you’re not big four.

I guess the bosses of these companies are at the roadside begging for money.
*
Audit firms are looking for young people below 30yo.

anyways, the income bracket for audit firm is a bit too low for me.

The only thing I can aim for is an Audit Manager...but as I said, I doing this operational role made me rusty in accounting standards.

I tried to read up after work, and attended training. But to no avail, without the practice, I am still rusty. Trainings are expensive, when I attend courses, it cost me like RM 500 to 2,000. My co doesn't subsidise nor allow the HRDF to be use for this.

I do admit I failed in the reskilling part, I tried to study but having to balance time to raise my kids, I am finding it rather tough to find free time to read up. I still managed to do it though but not at the level I wanted.
TSPalisades
post Jun 21 2025, 07:17 PM

New Member
*
Junior Member
44 posts

Joined: Dec 2024
QUOTE(FatButterfly88 @ Jun 13 2025, 02:42 PM)
I'll summarise your reply...you've no motivation.
Improve  your motivation first then you'll be able to see things clearly, do not make hasty decisions when you're in a bad shape.
*
I am virtually stuck, can't do anything.

Career frozen...

At 50yo no career prospects

Now I have to work to survival, hope can survive another 10 years.

If piss off boss, I am goner.



 

Change to:
| Lo-Fi Version
0.0199sec    0.54    7 queries    GZIP Disabled
Time is now: 2nd December 2025 - 04:52 PM