Wasn’t promoted to senior – struggling to see a path forward in this field.

Navigating Career Setbacks in Audit: A Path Forward

Working in the Audit sector can present numerous challenges, and recently, I faced one that has left me contemplating my career trajectory. Employed at a top 10 firm, I found myself not receiving a promotion to senior this year. While I respect the decision, understanding that my colleagues possess a more solid grasp of the role, it doesn’t negate the emotional toll this situation has taken on me.

The demands of my job are mentally taxing. Despite my dedication—often logging more than 10 hours a day—my work output doesn’t seem to reflect the hours invested. It’s disheartening to acknowledge that, even with this commitment, I struggle to deliver the expected results. Earning approximately $70,000 annually for consistently exceeding 50 hours of work each week feels increasingly unsustainable. The prospect of pushing even harder to advance in public Accounting is daunting.

Adding to the uncertainty, I’ve noticed the firm tightening its grip on promotions and new hiring practices, a trend seemingly mirrored across the industry. The broader job market offers little respite, particularly for candidates like myself who possess a CPA but lack substantial experience. My limited exposure to public companies further complicates my employability.

In light of these circumstances, I find myself at a crossroads: Should I continue in my current position for another year or two, absorbing the challenges in hopes of future advancement? Or should I explore transitioning into a new role sooner rather than later? It’s a tough decision, and I know many are grappling with similar dilemmas in a competitive job market.

Ultimately, while uncertainty looms, I remain committed to finding clarity. I plan to evaluate my options carefully, weighing the benefits of gaining more experience against the potential for a new opportunity in a different sector. If you’ve faced a similar situation, I’d love to hear your thoughts and approaches. Together, we can navigate these complexities and forge a path forward in our careers.