Achieving Work-Life Balance in Accounting 

Like most professional roles, they come with busier periods than others. Tax season can be incredibly busy for accountants as they work through financial data and ensure precise and prompt filing to meet deadlines. The demand for accuracy and efficiency during this time can lead to high-pressure workdays. Some firms, such as Crowe MacKay, offer employee assistance programs and allocate resources for mental health year-round to guarantee staff have access to adequate support whenever they need.

Accounting professionals can also expect a surge during year-end reporting and in other scenarios such as implementing new accounting standards or managing mergers and acquisitions.

A 9-5 workday isn't always going to be the case, as many people’s days in the accounting industry regularly extend into overtime. While the firm monitors hours for work-life sustainability, deadlines are often non-negotiable, and clients expect dedicated service that often changes the conventional workday.

For students, not all firms compensate them for overtime (OT); however, at Crowe MacKay, students can bank their time and use it for their CFE study leave. 

The 'busy season' phenomenon is a part of working in accounting, frequently shaping the course of a professional's year. The industry's culture and the expectation of availability can be daunting for newcomers, yet the rewards and benefits can be very satisfying. At Crowe MacKay, our offices make it a priority to host tax-season parties, celebrating the team’s hard-work and dedication to quality client service. 

Your choices during your education can set the stage for a healthy, balanced career. Considering programs that provide a mix of theoretical and practical knowledge, such as co-op placements or internships, can help prepare students for the demands of the industry. 

In accounting, choosing a career path can significantly influence your work-life balance. Public accounting, for instance, may offer more exposure to diverse clients and service lines, and a potentially more lucrative career but often requires longer hours, specifically during busy seasons. 

On the other hand, corporate or private accounting can provide more regular hours and a predictable schedule, making it easier to plan personal time. However, it can come with disadvantages, such as limited exposure and learning opportunities, slower career progression, and risk of monotony. 

Selecting the right employer can distinguish between a healthy and unhealthy work-life balance. Consider some of these factors when picking an employer. 

• Company Culture: Look for a company whose values align with yours, particularly one that values work-life balance and offers support during peak times. 

• Flexible Working Hours: Consider employers that offer flexible work schedules, remote work options, or comp time. 

• Benefits Package: Evaluate the benefits package thoroughly. Beyond health insurance, consider if they offer mental health support, wellness programs, or paid time off. 

• Career Development Opportunities: Select an employer that invests in their employees' growth through training, mentorship programs, and provides opportunities for advancement. 

• Workload Expectations: Inquire about typical workloads, especially during the busy season, and how the company ensures they are manageable. 

• Employee Feedback: Seek out current or past employee reviews on platforms like Glassdoor to gauge general satisfaction and the company's work-life balance.