Staff Accountant Position with ERAC

Originally Posted by Unregistered

17dd boy,
Thank you for your insights. I am currently seeking a career change. (From sports recreation to accounting/finance). Since I do not have any experience in the accounting industry, I do not get many offers, this might be one of my few chances to crack into the industry. This is why I am still thinking about going to the interview with ERAC. I am really confused.

What is your degree in? Keep in mind 90% of what is discussed here on this board by ex employee like me does not pertain to the career path you are interviewing for.

finance. i graduated 1,5 years ago.

[offshorerob]

Several of my friends are still in the accounting department at ERAC. It's cake and they take good care of you. I would reccomend that you carry through with this. Entry level accounting positions there don't even do accounting. A staff accountant is not entry level. Best of luck.

Originally Posted by Unregistered

finance. i graduated 1,5 years ago.

ok. I was going to say I thought they only considered accounting or finance for these positions. You are on the right track.

again...i realize that most of the post do not have anything to do with the accounting dpt, but seeing the animosity towards ERAC from the rental branches, why would you put yourself anywhere near that crap? There are much better companies out there and you will get something if you had at least "decent" grades in college. ERAC is a joke..let me repeat that...ERAC IS A JOKE of a company. Seriously...don't do it.

[Last Word]

Originally Posted by Unregistered

17dd boy,
Thank you for your insights. I am currently seeking a career change. (From sports recreation to accounting/finance). Since I do not have any experience in the accounting industry, I do not get many offers, this might be one of my few chances to crack into the industry. This is why I am still thinking about going to the interview with ERAC. I am really confused.

Whatever you do don't let this site be the reason you don't go on another interview. I'm not saying all these posts are inaccurate...they're just biased. Do some other research before making that decision. Call the admin office up and ask to speak to one of the accountants...or accounting supervisors. Ask them whatever is on your mind. Find out why THEY are still with the company. This is an opportunity that you don't want to pass up.

The career path you mentioned is accurate. Starting at 32-35K....two years to supervisor gets you 45-55K....3 more years to Business Manager which starts you at about 75-85K. A year or two and you'll be over 100K. Controller and VP of Finance....up to 800K. What you're seeing and hearing about the career path is accurate.

Lastly, there actually is a lot of "accounting" involved. Yes it's internal, private industry accounting but the company still abides by GAAP principles and rules. Good luck...and let us know how it goes!

[FailingEnterpriseAdmin]

Originally Posted by Last Word

Whatever you do don't let this site be the reason you don't go on another interview. I'm not saying all these posts are inaccurate...they're just biased. Do some other research before making that decision. Call the admin office up and ask to speak to one of the accountants...or accounting supervisors. Ask them whatever is on your mind. Find out why THEY are still with the company. This is an opportunity that you don't want to pass up.

The career path you mentioned is accurate. Starting at 32-35K....two years to supervisor gets you 45-55K....3 more years to Business Manager which starts you at about 75-85K. A year or two and you'll be over 100K. Controller and VP of Finance....up to 800K. What you're seeing and hearing about the career path is accurate.

Lastly, there actually is a lot of "accounting" involved. Yes it's internal, private industry accounting but the company still abides by GAAP principles and rules. Good luck...and let us know how it goes!

"...but the company still abides by GAAP principles and rules."

Uh, wasn't accounting funkiness one of the major contributors to Enterprise's decision to cancel their attempt to go public just a few years ago?

Just asking.

[Last Word]

Originally Posted by FailingEnterpriseAdmin

"...but the company still abides by GAAP principles and rules."

Uh, wasn't accounting funkiness one of the major contributors to Enterprise's decision to cancel their attempt to go public just a few years ago?

Just asking.

Nope, some depreciation methods were changed to make a few potential investors happy and to better match industry standards but that specific issue did not drive the decision to not go public.

[onurkan]

thanks a lot for the feedback guys...

[FailingEnterpriseAdmin]

Originally Posted by Last Word

Nope, some depreciation methods were changed to make a few potential investors happy and to better match industry standards but that specific issue did not drive the decision to not go public.

Didn't I read about a new CFO discovering all sorts of problems that would cause trouble if they tried to go public, becoming a whistle-blower, getting fired, suing, winning the suit, losing on appeal, or some story similar to this?

If I've got it wrong, please fill me in.