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

Navigating Career Challenges in Audit: Finding a Path Forward

Working in the Audit sector at a top-tier firm can be both rewarding and overwhelming. Recently, I faced a hurdle in my career when I was not promoted to a senior position. While I acknowledge that my performance may not have met the expectations necessary for advancement—especially compared to my more skilled colleagues—this setback has left me feeling uncertain about my future in the field.

The day-to-day demands of Audit work can be mentally draining. Despite putting in long hours—often exceeding 10 per day—I find that I struggle to accomplish my workload within standard hours. This has resulted in a significant amount of overtime that rarely seems commensurate with the salary, which hovers around $70,000 per year. As someone committed to professional growth, I often wonder how this role will impact my life if I remain stagnant in public Accounting for an extended period.

Recently, I have noticed a trend of tightened promotions and hiring practices, a shift observed across many firms. Coupled with a challenging job market for industry positions, I feel the pressure mounting. Although I’ve obtained my CPA, I recognize that my limited experience, particularly with public companies, could pose obstacles in my search for new opportunities.

Now, I find myself at a crossroads. Should I endure in this current role for another year or two, hoping to build the experience and skills needed for upward mobility? Or is it time to pivot and seek a new path sooner rather than later? Navigating this decision can be daunting, and I’m keen to explore my options moving forward.

For others in similar situations, it might be worthwhile to consider the following strategies:

1. Skill Development: Identify key areas for improvement that could enhance your employability. This may include seeking mentorship or additional training in specific audit practices or technologies that are increasingly in demand.

2. Networking: Build relationships within and outside your firm. Attend industry events, connect with peers, and engage on professional platforms to discover new opportunities.

3. Seek Feedback: Regularly ask for constructive feedback from supervisors and colleagues. Understanding your weaknesses can provide a clear roadmap for personal and professional growth.

4. Consider Transitioning: Evaluate other roles or industries that align with your skills and experience. While the transition may seem daunting, sometimes a fresh start can reignite your passion for your work.

Ultimately, my decision will require careful consideration of my goals and the current landscape of the audit profession