Management in Assurance as a whole is and was terrible and did not really have an ear to the floor to properly understand the work ethic and feelings of their trainee accountants to improve efficiency happiness and productivity. Some partners were great but were far and few between or lacked enough dominance to make changes.
Pay was terrible (terrible industrywide) for hours worked and the qualifications at hand. Lack of proper training provided by properly trained and motivated staff when compared to other big 4 firms.
Often left to figure out things yourself and when you make a mistake they are surprised and annoyed yet thats why its a training contract....we supposed to be mentored and trained to learn to do the job not guess and learn from errors every time.
JiT experience limited to a select few and terrible program versus other big 4 firms.
It was great mixing with people of similar age and views when working in our teams and support staff were great. Travel allowance paid was fair and appreciated.
No proper talent retention programme in place despite them professing to be good at it. They let really good staff go without trying to find out why or what they could do to keep them, showed a 'I'm too good for you and don't need you' attitude.
People culture as a whole has really gone down the drain there when compared to the year I signed up. I was completely blown away by how great they were until I started working for them. It shows by the massive staff e
ProsTravel allowance and leave taken as substitute for overtime pay
ConsLong hours, boring work and terrible management and training provided.
Site Administrator | Johannesburg, Gauteng | 25 Sep 2012
Hardworking and a bit of fun now and again
Productive and very interative , have to keep in touch , communicate with other asset people in other regions , on issues of assets , have to be on my toes, keep track of assets and know what is actually happening around them ( up to date data bases)
I have mostly learned to value other people imputs and mosly working as a team and the fact that respect for other people is a very valuable and important asset in one's work etcetere
On managenent - being enstrusted to manage my work and deliverable withough much supervision has been a very insirering factor
Also in in my role as a "leader" of the asset team I have learned that the more you respect people and the way you relate to them they are sure to be always ready or willing to help and provide the information that will allow me to do my work effectively
With co-workes I have to communicate a lot with people in other business units requesting for assets and with members of my team because they have a lot of information that we need to share and that assist me in carrying out my duties more effectively
The hardnest part of the job is having to know and have your pulse on every asset which mayu be challenging because we deal with lots of people and there is a lot of movement taking place - so some thing asset can disappear and the need to account for everything
The most enjoyable part is getting month to month feed back from my manager to see how well we have done from time to time and this help me to find another ways of
Prosfluid interaction at all levels within my business unit
Consphysical asset counting can be very taxing
Buyer | Johannesburg, Gauteng | 25 Mar 2015
a very demanding place to work, short deadlines but fun to work in.
Working for EY has been somewhat a very challenging journey, I love the fact that almost everyone takes pride in their work and always push for just that bit of extra work effort, this in tern helps one improve themselves and aim for the best in all they do.
the company takes pride in their dress code and since they deal mostly with external clients all employees are expected to be formally dressed and presentable.
My typical day at EY would start with me going through my emails first thing in the morning as people worked well into the late night and then I'd go on to doing my follow ups, meeting with my stake-holders ensuring that all is ok and that they happy. just before mid day I'd send out all orders approved and follow up on deliveries that were supposed to be made in the morning.
My favourite part of the day would be going into meetings with clients as that's where one gets feedback and insight into how things are and whose happy and whose not so that I can go back to the drawing board and try to refine the process so as to meet everyone's needs. realistically not all will be happy but it pleasured me knowing that I gave it my all and strived for perfection
Prosworking with a team that is driven to satisfy the customer by all means
Consworking over weekends almost every weekend.
Transaction Manager | Johannesburg, Gauteng | 07 Jan 2014
Employment that provides international cross-sector experience with frequent training sessions.
A typical day at work involves meetings to discuss engagements that the various teams may be working on to discuss progress, set-backs, developments etc. Teams also hold meetings to discuss the financial and operational performance of the department as well as any developments in the various methodologies the department employs and or thought leadership. A day at work also involves meetings with clients (in person/email/telephone) as well as preperation of client deliverables.
During my time with EY I have learnt various skills including valuations and business modelling, financial analysis, capital raising as well as mergers and acquisitions. In additional to these professional skills I have also learnt to sharpen my soft skills in the work environemnt.
Mannagement at EY take an active role in the development of employees through an ongoing review and feedback process adopted by the firm.
My co-workers include a diverse mix of individual from different parts of teh world including the United States of America, Europe, Asia and India.
The most enjoyable part of the job is the international and cross sector experience.
Clerk | Port Elizabeth, Eastern Cape | 20 Feb 2015
1) I always had busy days at work as there were always deadlines to be met.
2) I learned more about accounting, auditing of financial statements balances, transactions and other financial statements disclosures. I learned how to analyse the financial statements of many different companies, I learned more about coaching and supervising junior trainees and team work, I learned how to work effectively and efficiently under pressure, I learned how to work hard in order to meet deadlines, e.t.c.
3) Management: In the final year or 3rd year of my articles, I was responsible for providing guidance and coaching to the junior staff to make sure that they performed they audit work properly. I was responsible for managing the entire audit team so as to make sure that the audit plan was executed properly and audit deadlines were met.
4) I got along well with everyone and I worked very well with the audit team
5) Tight audit deadlines, where we were given unreasonable amounts of time to finish the audit work. Therefore, in some instances we had to work long hours of overtime to ensure that audit deadlines were met.
6) Teamwork, free lunches, subsistence allowance for out of town audits and good relationship with managers.
ConsLong hours of overtime
IT Advisor | South Africa | 17 Dec 2012
Productive and Career enhancing
Assignments and audits are planned in advance and work more like projects with deadlines. The day is spent at the client where audits are carried out and clients are interviewed tests carried out and documentation and reports written.
I have learnt on the importance of risk and compliance, how best to research on client provide client solution, report writing, planning, team leading, client communication, self presentation and work and client management.
Management is good as work scope and expectations are discussed before the work and performance review is done there after. E&Y has an open door policy making management to be approachable.
Co-workers are a great team that is supportive both at work and social. Co-workers are willing to give a helping hand.
The hardest part is to meet tight deadlines that are on short notice and when the client is not providing the needed information on time.
Getting to know about the various industries and being part of a team that provide sound solutions that improve the client. I learnt a lot that is applicable to many industries.
Proseducation, medical aid, professional fees. knowledge sharing
Human Resources Intern | Johannesburg, Gauteng | 22 Jul 2013
It is a company that requires people to be efficient, there's a lot to learn and one can go places with the right attitude and Qualififcations
My day entails completing tasks that were given to me the previous day and awaiting to be assigned more work. I'm also responsible for ensuring that the HR database is always up to date.
Apart from my general office duties, I've learnt more about how the consulting industry works.
Managers are constantly busy but the essential part is priorotising their work knowing that no element, no matter how insignificant, should be left unattended.
We work in an Open-plan environment, it simply means that there no offices and it is easier to ask your manager anything since you can see when their busy or not.
Task are usually hard when they are introduced but after that it begins to be easier to complete tasks because of the logic and necessity that is behind what I'm supposed to do.
There are sessions that take place almost every week and you get to learn more about the organisation and your contribution.
ProsBreakfast sessions, lunch talks, laptops
Accountant | Johannesburg, Gauteng | 24 Apr 2017
Teaming is a fundamental aspect of the job where each audit sees you work with different people across various service lines within EY from different backgrounds, the amount and level of diversity is great as you are continuously learning about various cultures and the beliefs that they have. Moving onto different clients is one of the hardest things to encounter and I was able to learn how to adapt fast to the environment, but this is eased due to management's integration with the team and how they work closely with us.
The learning curve is huge and I love the challenge that each client comes with as you need to teach yourself as much as you can about the client and their business within a very short amount of time in order for you to be able to apply yourself to the audit. The continuous learning that happens in the life of audit is what I enjoy the most about this job.
ConsNot enough time to adequately know everything that happens in the entity that you are auditing
Global Project Manager | Johannesburg, Gauteng | 21 Jun 2017
Great working culture
My Job entailed mainly of client relationship management and business development and as such I was always ion the road soliciting new clients, new business and making sure our existing clients are well serviced and happy.
As a client leader I learned a lot about various industries, issues that clients had and solutions for those issues. I learned to have an ear for opportunities in whatever setting, situation or platform presented to me, learned to win the trust of key buyers at clients. My major buyers were CFO's, and CEO's and as such my day entailed discussions and meeting with these executives.
I enjoyed the work culture as I was free to do my job anyhow I deemed fit and the support from the solutions team was great and we always did the best for the client.
ProsMeeting and discussing with Senior Executives on a daily basis.
ConsLong hours and admin.
Human Resources Administrator | Sandton, Gauteng | 27 Dec 2017
Relationship building is as important as getting the job done
Hight paced, very stressful environment. I learnt more here than I did at any other company I worked for. I also enjoyed it because everything I studied was being put to good use.
At EY it was a fast paced environment. There was always something new to learn, however working with auditors is quite difficult as they are not very social or verbal and usually stressed out. EY tried to promote a culture of people first and for the most part they lived it out. I loved that EY encourages employees to voice their opinions and ensure that each person is working towards reaching some sort of career goal. I also learnt that relationship building is one of the fundamental structures in attaining career success.
ProsGreat management style
ConsStressful environment and long hours
Questions And Answers about EY
What are the working hours at EY?
Asked 16 May 2017
8 hours a day
40 hours a week
Answered 13 Nov 2020
Long - its consulting
Answered 10 Dec 2017
What should you wear to an interview at EY?
Asked 24 Apr 2017
Answered 11 Feb 2019
Suit for both male and female. However this is the norm for all job interviews.
Answered 27 Dec 2017
How should you prepare for an interview at EY?
Asked 20 Jan 2019
Read about EY, the market and know your stuff. Be very confident in the interview and vibe with everyone
Answered 12 Mar 2020
You need to prepare for Psychometric tests and also work on confidence.
Answered 11 Feb 2019
If you were to leave EY, what would be the reason?
Asked 20 Feb 2018
Try something new
Answered 05 Feb 2020
Flexible working hours
Good place to work at
i can recommend it to someone
Great place place for learning
Flexibility of managing and planning your own work
Answered 20 Jan 2019
What is the interview process like at EY?
Asked 03 Feb 2018
In 2009 my interview was good and professional
Answered 04 Feb 2020
Not intense at all. I didn’t have to go through much because I had been accepted as a bursary applicant as a result of my good grades in high school.