EY Audit Manager Reviews | Glassdoor.ca

EY Audit Manager Reviews

Updated 19 July, 2018
204 reviews

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Audit Manager

3.9
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EY Global Chairman and CEO Mark Weinberger
Mark Weinberger
82 Ratings

Employee Reviews

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Pros
  • "Work life balance when not on a long term engagement" (in 831 reviews)

  • "Learn a lot of things, have many opportinuties to do hands-on projects" (in 312 reviews)

Cons
More Pros and Cons

  1. "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assurance Manager in Ottawa, ON
    Current Employee - Assurance Manager in Ottawa, ON
    Recommends
    Positive Outlook

    I have been working at EY full-time (More than 5 years)

    Pros

    Great development opportunities
    Great mentorship opportunities

    Cons

    Long hours and low pay
    Long commute

    Advice to Management

    None


  2. "Great stepping stone"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Manager in Toronto, ON
    Former Employee - Audit Manager in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at EY (Less than a year)

    Pros

    Great benefits, young culture and environment, never bored.

    Cons

    Hours are crazy for the amount people are paid.

    Advice to Management

    Focus on setting realistic expectations

  3. "Audit Manag3r"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Audit Manager in Montreal, QC
    Former Employee - Senior Audit Manager in Montreal, QC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at EY full-time (More than 8 years)

    Pros

    Professional environment. Always learning. Fun people to work with.

    Cons

    Too many hours worked each week while climbing up ranks.


  4. "Great opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Manager in Toronto, ON
    Former Employee - Audit Manager in Toronto, ON
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at EY (More than 5 years)

    Pros

    They work you hard, but you'll have lots of amazing opportunities. I travelled abroad and worked with some very smart people.

    Cons

    Long hours, high level of engagement required

    Advice to Management

    Increase diversity at the top levels - not just gender, cultural too


  5. "A hardworking place to learn and grow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Audit Manager in Toronto, ON
    Current Employee - Audit Manager in Toronto, ON

    Pros

    You get to meet with bright people, build great network, and the learn a lot in the earlier years. You get to work on variety of businesses and opportunities to travel.

    Cons

    It is highly competitive and you may not get recognized for what you worked on. You may not be able to freely choose what type of clients and projects you work on. However, that is common for all Big Fours

    Advice to Management

    Invest more in people and get to know what is on your employees' minds


  6. "Good for start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Manager in Toronto, ON
    Former Employee - Audit Manager in Toronto, ON

    I worked at EY full-time (More than 5 years)

    Pros

    Fast growth, good benefits, young staff

    Cons

    Office culture, no bonuses, still not bad place to work


  7. "A school of learning. My 10 years + at EY have given me a competitive advantage that I am benefitting from currently."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Senior Manager in Montreal, QC
    Former Employee - Audit Senior Manager in Montreal, QC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at EY full-time (More than 10 years)

    Pros

    Meet people of similar or better intellect.
    Travel for work or conferences.
    Learn different ways of doing things.
    Get exposed to high profile clients

    Cons

    Work life balance is not optimal.
    Not enough time to research ideas. Just enough time to focus and get the job done.
    Significant pressures to meet budgets.
    Seasonal in nature. You are very busy for 6 months and looking for work for the other 6

    Advice to Management

    Reduce the gap between partners and the rest of the staff in terms of Financial renumeration.
    Make significant efforts to enhance the work life balance.

  8. "Great for one's career but long hours"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Manager in Toronto, ON
    Former Employee - Audit Manager in Toronto, ON
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at EY full-time (More than 3 years)

    Pros

    Great career opportunities
    Opportunities to do worthwhile work and learn a lot at the same time
    Largely working with intelligent and hard working people

    Cons

    Long hours
    Lots of internal politics by partners
    Excessive focus on profitability (RPH) and very little on quality by partners

    Advice to Management

    Eventually something will blow up and its lack of audit quality will come up....
    Focus on actual work life harmony for staff


  9. "audit manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Manager in Toronto, ON
    Former Employee - Audit Manager in Toronto, ON
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at EY full-time (More than 5 years)

    Pros

    the firm provides great training, good career development, salary progress fairly quickly. hard work but well worth it. opportunities working with dynamic teams and high caliber people and clients.

    Cons

    work hours are long during busy season. lack of flexibility during busy season. expectation and responsibility jump with every year of experience added. it is like a tread mill where there is no stop until you get off

    Advice to Management

    do not out source the junior work. you need to attract the best students out of school and give them proper training via junior years


  10. Helpful (66)

    "Manager in assurance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assurance Manager in San Jose, CA (US)
    Former Employee - Assurance Manager in San Jose, CA (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at EY full-time (More than 5 years)

    Pros

    1. You will have a very hard time not falling in love with every single person you meet there.
    2. Seriously, you will meet your soul mate(s) there.
    3. Prestigious and looks great on the resume.
    4. Your brain will grow a thousand times more powerful.
    5. Forces you to conquer your fear of public speaking.
    6. Fun team bonding and lifelong friends.
    7. Stepping stone to high paying jobs.
    8. Helps you work on perfecting your charm. You will learn from the most charming people how to really get people to like you.
    9. HR really cares.
    10. Big support network (IT, creative services, etc.).
    11. Teaches you to be calm and in control.

    Cons

    OK, I'm going to be discussing all the taboo things, and there are a lot of them. In spite of these cons, I still admit it's worth a five star rating.
    1. High performers are "designated" (you have very little control over your rating) by the partner group (can be a pro if you get selected. Seriously, I have worked with some of the supposed "fives" and they are not any different than my threes and fours.
    2. Quality is extremely low. Sometimes I felt like I was working at McDonalds and not a professional services firm. The emphasis is on getting through work as fast as possible and expectations for quality are not realistic.
    3. EY has a very hard time firing bad employees. If you get stuck with one it can be a nightmare.
    4. EY has a heavy emphasis on wasting time. For example, there are lots and lots of checklists which have no value that you have to fill out. Also, they wasted money and time on creating "Canvas" which is literally slower and more awkward than the previous workspace tool, GAMX. There is a heavy emphasis on "reinventing the wheel" and fixing problems that aren't broken with even worse solutions. Instead of wasting money on useless tools, that money could have been spent on your employees in the form of compensation. Like I said, EY is really focused on attempting to look as though value is being created when in fact it is not.
    5. Lots of meetings. Appearances are very important.
    6. Employees on global 360 accounts get better treatment.
    7. Some employees (executives mostly) tend to overemphasize how important this work is. Let's face it, if it was really glorious work then we would have action figures.
    8. Looks are very important. Seriously, if you are a girl, you will get promoted based on how hot you are (the quality of your work is largely unimportant). If you are a guy, you are treated a little better but there is still a sexist undercurrent in the environment. This is advice you won't get from HR obviously, but that doesn't mean it isn't true.
    8. You will be forced to eat hours.
    9. Your ethical compass will start to get weaker.
    10. You will get a little cynical.
    11. Lots of driving and travel.
    12. "Family men" and married couples with children are more likely to be promoted. If you want to be a partner, you have to be married (few exceptions).
    13. You will work on vacations.
    14. Loss of relationships with family and friends.
    15. Some backstabbing and credit-stealing (but not very common).
    16. Comp is below market but that's to be expected.
    17. Employee retention is not something management is interested in. This makes you replaceable and expendable (yes even as a manager, unless you have been "designated" as a high performer by the partner group).

    Advice to Management

    Management won't listen to me so there's not really a point in giving them advice.