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Regional office vs London in terms of Career prospects. watch

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    Well I have an internship in Tax lined up for the summer, and I'm hoping if all goes well I might get a job offer at the end of it. But I expect I will need to choose which office site I would prefer to work at.

    I live within 1hrs commuting distance of Bristol. So I guess I'm favouring working at the Bristol office compared to London, because I'll be able to meet up with family and friends regularly. However my concern is that working in a regional office may not look as good on my C.V. as working at the London office, in case I ever decide to leave the firm.

    I'm not that bothered about the wage cut from 28k to 20k is it? My main concern is whether the office that you work at has any bearing on future employment prospects. If so I guess I'll probably try out London and if I really hate it switch to Bristol.

    Also if someone in the Corporate Tax department from a big 4 did leave the firm, what types of areas would they go into? Obviously Tax areas but in industry or is there firms that just specialise in Tax? And what are the salaries like there?

    Any knowledge or advice will be appreciated. Cheers :cool: .
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    Once you have started in one office you usually can't change office until after you have qualified

    People who do tax sometimes have less opportunities as they will usually have only done tax work - if you can do a secondment in audit during your time there it would be an advantage

    You could join a specialist tax firm or the VAT/Corp Tax dept in industry but audit grads might be more likely to get FD/FC roles
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    (Original post by 456789)
    Once you have started in one office you usually can't change office until after you have qualified

    People who do tax sometimes have less opportunities as they will usually have only done tax work - if you can do a secondment in audit during your time there it would be an advantage

    You could join a specialist tax firm or the VAT/Corp Tax dept in industry but audit grads might be more likely to get FD/FC roles
    So audit starts off the worst pay wise, but offers the best exit points? I have always dismissed audit, however I'm going to start researching it. Being the FD at a video games firm has always been sort of a dream of mine :cool:.

    I have looked at Financial Advisory, but obviously the competition is really fierce for those positions. Do you know whether Management Consulting offers good exit points? It seems to be less competitive than Strategy, however I don't think you study for the ACA in that grad scheme, and the ACA qualification is something I'd like to have obv.
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    Audit starts with lowest pay but it goes up faster than tax and is generally thought to have the best exit points

    If you didn't do the ACA you could only really go into other consulting posts not move to some other area of accounting
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    Not quite sure that's accurate. For the first three years, grads in tax are paid more. In fact this year, my grade's salary is more than 20% higher than the equivalent in audit. The problem in tax is if you stick around for too long (i.e. 5+ years) you will get pigeon-holed as a tax person. If your aim is to become an FD, I would expect audit to have be a better route.

    That said, tax work is more exposed to legal aspects, writing documents/ memos and is generally thought of as considerably more numerate. If you are fortunate enough to get the juicier advisory work then you might be involved in restructuring a business, developing financial models etc. These skills are arguably more relevant if you intend to move into consulting/ banking. Plus the hours are shorter!
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    A lot of job adverts for newly qualified accountants specific that they require audit experience. Few specify tax experience.
 
 
 
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