Navigating the Challenges of a First-Year Associate in Tax: A Personal Reflection
As I sit in the comfort of my home, emotions overwhelm me. I’m a first-year associate at a Big Four firm, specializing in tax, and I’m nearing the completion of my inaugural year—this July can’t come soon enough. However, the journey has been anything but smooth. In fact, I find myself as the sole remaining first-year associate in my group, a stark reminder of the volatility many of us are facing in our industry.
My experience began with a cohort of five new associates, but due to various circumstances—attrition, group reorganizations, and layoffs—I’m the last one standing. As I examine my current workload, it’s intimidating. From now until the end of November, my schedule reflects a commitment of 40+ hours per week, with many weeks extending into the 50-70 hour range. Just recently, I received notices about being assigned to two additional clients, though they have yet to be incorporated into my existing schedule.
On top of the daunting work hours, I’m grappling with the demands of the CPA exams. I’m gearing up to retake the AUD exam for the fourth time on Monday. Despite feeling more prepared than ever during my last attempt, I just received my third FAR exam score—disappointingly lower than I had anticipated, following an analysis of the code that indicates a drop of 17 points from my previous score.
At this moment, I question my path. The exhaustion is palpable. The thought of the upcoming months, which promise to be overwhelmingly challenging, weighs heavily on my mind. My ambition to progress to a senior role clashes with the reality of a tough job market. Added to that is a nagging uncertainty about whether Accounting is truly the right field for me anymore.
This blog serves as an open space for reflection, and I wanted to share my experience not just for the cathartic release it offers, but also in hopes that others in similar situations know they are not alone. The pressures and setbacks we face can often feel insurmountable, but it’s crucial to take a step back, breathe, and consider our options. Whether seeking support from mentors, peers, or mental health professionals, acknowledging our struggles is the first step toward finding our way forward.
If you find yourself in a similar position, remember: it’s okay to feel lost, and it’s okay to seek out help. The journey in professional services may
No responses yet