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

Navigating Career Challenges in Public Accounting: Finding Your Path Forward

The landscape of public Accounting can be a demanding and, at times, discouraging environment. Recently, I faced a pivotal moment in my career while working in Audit at a prestigious top 10 firm. This year, I was not promoted to the senior position, a decision I can understand, given that my colleagues seem to have a stronger grip on their responsibilities. While I don’t disagree with the assessment, it has left me in a state of uncertainty about the future of my career in this field.

Accounting is known for its mental rigor, and I often find the demands of the job to be overwhelming. Despite my efforts, which often extend to long, grueling days of over 10 hours, I sometimes struggle to complete the expected workloads. This imbalance leads to a perpetual cycle of extended work hours without a corresponding sense of achievement. With annual commitments exceeding 50 hours per week for a salary of approximately $70,000, I find myself questioning whether this effort is sustainable or even worthwhile in the long term.

Additionally, the current climate in the firm shows a noticeable decline in promotions and new hiring—a trend reflective of a broader downturn across many companies. Transitioning to an industry position doesn’t seem particularly promising either, as opportunities are limited. While I hold a CPA credential, the lack of substantial experience, particularly with public companies, diminishes my attractiveness as a candidate for prospective employers.

Now, I find myself at a crossroads: should I remain in this role for another year or two to gain experience in hopes of advancing, or is it time to consider a shift to a different path that could better align with my career aspirations and personal well-being?

If you’re in a similar situation, know that you’re not alone. It’s essential to weigh your options carefully. Consider seeking mentorship or additional training to increase your skill set and marketability in the job market. Networking can also open doors that may lead to roles more suited to your strengths and aspirations. Ultimately, whether you choose to persevere in your current position or explore new avenues, prioritizing your mental health and career satisfaction should remain at the forefront of your decision-making process.