senior associate

associate manager

manager

senior manager

market sales leader

The Siegfried Group

The goal of the company is to be irresistibly compelling and seriously relevant to its clients and employees. 

Pros: 

High paying positions. However, I encourage doing some math to calculate your starting salary. If you share your salary with the firm during the hiring process remember that they are taking that number and dividing by 2080 hours per year and multiplying by their minimum billable hourly annual total of 2,340 to determine salary. 45 hours per week is the minimum allowed billable average. Therefore, why it appears one is receiving a substantial raise it is actually a dollar for dollar salary with your new expected billable hours. 

Good benefits. 401K, profit sharing, health/dental/vision, Life, ADDI, STD, LTD.

Great performance-based bonuses closely aligned with company objectives.

Great personal and professional growth planning through internal work/life strategy program. 

Cons: 

Minimum 45 hours per week at client with 48 hours per week expected and gaps discussed regularly.

10-20 hours of non-client work expected monthly with most emphasis on recruiting for firm's growth and CEO's desire to create a billion dollar revenue firm. 

There is not a clear career progression as an accountant/CPA. 

The designation as senior/manager/sr manager does not correspond to industry/public accounting. 

Flawed bell curve rating system is almost solely based on hours billed and lacks other important metrics.

Overall, it's a good place to spend a few years to make some money and find your next career move. Stay too long and you'll be playing catch up.

TSG is a place that will give you lots of different project opportunities with a strong comp package, benefits, incentives and a decent work/life balance with a lot of fun mixed in. All your coworkers will genuinely be amazing people.

However, management and the sales team only gives a facade that they truly care about you if a client has any critical feedback. The client’s word is gospel and if you are lucky enough to have a client that provides fair, constructive feedback you will thrive. However, land one or two clients that write you a critical review, as fair or unfair as it may be, your career advancement and even security is on the line as management barely cares what your view on the client’s feedback is. 

The Siegfried Group is truly a unique place to work. The privately owned company has a "start up" feel with the laid back nature of the office. The CPA professionals have - in my opinion - the best of both worlds. By working as consultants on various projects they gain a variety of new experiences and are treated fairly. When they have down time they can relax and usually work from home. The Leadership team is a whole different story. It is a tough environment to get anything accomplished. The leaders of the firm don't encourage or welcome feedback and are very stuck in the past. It is tough to be promoted or recognized for your work. You make the majority of your money off of bonuses which are so loosely defined that it seems they are random. If you are a self starter, a lazy worker and don't care about your professional growth this might be a great place for you.

Independent and contracted finance and accounting consultant assisting companies with initial public offering support, purchase accounting and other technical accounting issues.
• Purchase accounting assistance including due diligence, workpaper preparation for valuation specialists and recording of the transaction for companies which have acquired both domestic (US) and international subsidiaries. Also including the setup of accounting controls and systems for the consolidation of newly acquired subsidiaries.
• Carve out financial preparation and audit support for companies either selling operating units or taking them public.
• Initial public offering support services, including preparation of registration documents (S-1).

Working at TSG affords you have a great opportunity to make really good compensation earlier in your career, however, career progression can be a challenge because your experience is dependent upon the engagement opportunities you are presented. Also, is no structured progression, so often times you are encouraged to transition into a “leadership” role outside of your background of accounting. I would encourage anyone to work there, however, I warn them to only plan for 3-5 years there. It is NOT a company to plan a long term career with (ie 5+ years).

Excellent opportunity to grow and learn serving in a variety of high profile projects at high profile clients.  Variety of opportunities to expand your skills early in your career to prepare you for upcoming management opportunities.  

Experience depends on the projects you’re on. Some projects are great while others are not. It’s important to align your experience properly with each deployment given the firm’s aversion to anything their clients deem less than above expectations. Challenging yourself is not necessarily a good thing at this company given the fact that the projects are short term in nature and thus there isn’t room for a learning curve.

Overall I had a very negative experience at Siegfried. They act as if you autonomy in selecting projects but pressure you into interviewing for every QL at your level and frame it as a "great opportunity" regardless of the scope. Whatever the client says goes so be cognizant of this during review time. 

Siegfried is a good place to work for accounting professionals coming out of the public accounting field. They have a wide variety of projects and clients that will help grow your skills. They also place a strong emphasis on personal and professional development.

I interned  here in the summer of 2020 remotely. Seems like a really great place to work and they gave interns a bunch of swag. They're really big on company culture and keeping employees happy

Top Job Titles	Average Salary
Senior associate 3 salaries reported	$97,667 per year
Associate manager 3 salaries reported	$103,167 per year
Manager 4 salaries reported	$118,250 per year
Senior manager 3 salaries reported	$136,250 per year
Market sales leader 2 salaries reported	$46.50 per hour

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