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“Although once a top accounting firm to work for in New Jersey, Amper's glory days are far behind it. ”
Doesn't RecommendDisapproves of CEO
- Work/Life Balance
- Career Opportunities
- Comp & Benefits
- Senior Management
Amper is a strong regional accounting firm that provides a variety of tax, financial planning, audit, and advisory services. Amper managers are experienced professionals and do have several key clients with leading NY/NJ/PA companies, non-profits, and government entities. Their insurance audit and advisory practice is lead by a strong leader in particular. With its existing clients, Amper is considered to be reputable and a skilled service provider. Individuals with a wealth of experience in Amper's strong areas will benefit from the reasonable pay and benefits and the avenues for technical advancement in their expertise.
Amper has not made sufficient investment in its I.T. infrastructure to remain competitive in the evolving realm of audit. The I.T. function is run by a group of low-paid workers who make unilateral decisions about such things as banning the iPhone (and outlawing all of the audit software that goes with it). The firm has a history of laying off young (under age 30) workers though it has never formally admitting to laying off anybody -- it's HR department perpetuates this lie. Young workers will find difficulty transitioning into other audit and accounting positions in NJ because there remains a bias against them toward candidates from Big 4 accounting firms. Additionally, management has not be up-front about its failed acquisition with another accounting firm nor does the firm invest in the software to manage simple things like timekeeping, financial reporting, and project management. The lack of such commitment to IT turns its youngest workers in particular into "spreadsheet monkeys." Also, the firm does not make any substantial investment in research and development in the area of accounting theory or process (claiming that they cannot compete with Big 4) which deprives young workers of the opportunity to expand the reach of their technical skills and eliminates the opportunity for advanced employees (i.e. MS or PhD level people) from publishing articles, attending conferences, contributing to industry research projects, and participating in key AICPA and IIA initiatives. Finally, there is a bias against people who have certifications other than the CPA (e.g. CMA, CIA, CISA) when considering promotions into management and key assignments.
Advice to Management
Amper does not have the tools to compete with Big 4 in the financial and IT audit space because the firm does not DEVELOP the software required to do so. Also, the firm needs to overhaul is financial management systems (billing, AR, financial reporting and project management) because its employees spend far too much mucking around with spreadsheets to understand the state of their projects and their impact on the firm.