If you're not part of the senior management team, you're just a "butt in a seat."
No clearly articulated company strategy. No clear path for upward mobility. Very little appetite for innovation or strategic business improvement. Management pays lip service to employee engagement, but ideas for innovation, business strategy, etc. are not seriously considered if you're not one of the few people in senior management (regardless of your expertise or credentials).
Salaries not commensurate with credentials (unless credentials are CPA, CGFM, or tech developer bona fides). Base salaries significantly lower than similar roles at other firms in the region.