Novogradac & Company Reviews | Glassdoor

Novogradac & Company Reviews

Updated May 15, 2017
98 reviews

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Full-time Part-time

3.2
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Novogradac & Company Managing Partner Michael J. Novogradac
Michael J. Novogradac
52 Ratings

98 Employee Reviews

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Pros
  • Great accounting firm where one can stay up-to-date on their audit and tax knowledge simultaneously (in 28 reviews)

  • Staff is super friendly and helpful, flexible hours, fully stocked kitchen, great training opportunities, patient supervisors (in 27 reviews)

Cons
  • If you are taking classes at the same time, time management during busy season could be a challenge (in 31 reviews)

  • Very stressful environment, no work life balance during busy season (in 11 reviews)

More Pros and Cons

  1. Helpful (4)

    "Great Place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Cleveland, OH
    Current Employee - Anonymous Employee in Cleveland, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Novogradac & Company full-time (More than a year)

    Pros

    Management makes you feel respected and valued, growing company, Very hard working executive team putting the company in great hands. Novogradac definitely wants to do everything necessary to make this a great place to work

    Cons

    Work a lot with people from across the country that you've never met


  2. Helpful (11)

    "Hard work pays off!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Junior Analyst in Austin, TX
    Current Employee - Junior Analyst in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Novogradac & Company full-time (Less than a year)

    Pros

    Company is without a doubt a known LIHTC industry leader. Definitely a great place to start an Analyst career – with hard work and diligence, there’s plenty of opportunity to learn and grow. Supportive team environment. Travel is less than 25% and well compensated.

    Cons

    Time management can be challenging but the company pays well for overtime.

    Advice to Management

    Keep working to improve work life balance and streamline work efficiency.


  3. Helpful (4)

    "They work you to death during busy season, then fire multiple people right after."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit/Tax in Austin, TX
    Former Employee - Audit/Tax in Austin, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Novogradac & Company full-time (More than a year)

    Pros

    You can wear jeans and there is a stocked kitchen with free food. Other than that I can't think of any.

    Cons

    The culture is extremely reactive. There is no forethought or planning. Employees are not valued!

    They lie to you to get you to leave your present job, work you to death and then fire you at the end of busy season so they don't have to pay your salary during the off season.

    Advice to Management

    Be honest. Don't make promises you have no intention of keeping. Don't lie when you fire multiple people right at the end of busy season and say it is because of their performance, especially when there was never any mention of performance issues during busy season when we're working ridiculous hours.


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  5. Helpful (3)

    "Better Companies DO Exist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Researcher in Merriam, KS
    Former Employee - Researcher in Merriam, KS
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Novogradac & Company full-time (More than a year)

    Pros

    Free food in the kitchens so you can eat lunch at your desk (read: a reason for you to stay at the office and eat 3+ meals there a day)....good health insurance...

    Cons

    Where to begin.....
    I think I saw the word "abusive" mentioned in one of these reviews in regards to the culture and work environment and I couldn't agree more. This is the worst working environment I've ever encountered. If you have other job options (even ones paying less) I highly recommend that you take those opportunities instead of working here. Not only are the employees incredibly unhappy and silently suffering under the rule of the management, but this place doesn't even produce a very good quality of work to make up for it. It's no surprise as there is no training, no mentorship, and no chance to ask questions or get help. This is basically an appraisal sweat shop. Often, the people hired on will have no background in finance, real estate, or anything appraisal-related, and are expected to just learn on the job. There are waaaay better companies to get an introduction into valuation. I'm really surprised the company hasn't had a complete overhaul of this particular office, as it seems to be the one with the most problems (especially after reading these reviews).

    Advice to Management

    Overhaul of management and a new process put in place to make this office less of a concentration camp and more of a healthy work environment.


  6. Helpful (16)

    "Avoid If Possible: Poorly Rated for a Reason"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook

    I worked at Novogradac & Company full-time

    Pros

    Your experience at Novogradac is largely dependent on the team that you're placed on. If you're lucky enough to be placed on a team with friendly, caring, and helpful people, you can have a very positive experience. The stocked kitchen is a nice perk, and although the base salary is low, you can draw huge paychecks during 65-70 hour busy season weeks.

    Cons

    The worst teams at Novogradac have exceptionally high turnover, because of the lack of training, rude/unhelpful/overstressed seniors and managers, and the generally miserable atmosphere. New staff and interns are expected to complete extremely complex tasks quickly, with no mistakes, and with little help from supervisors. While some firms claim to have an 'open door' policy, Novogradac is not one of them, and asking the wrong question to the wrong person can be considered a serious offense. The Firm has obviously decided that turning over employees at a high rate is better for business than training and helping employees in the long term, and people regularly quit out of frustration or are fired during busy season.

    Advice to Management

    Help your employees learn how to do the tasks they've been assigned. Offer to help if they seem frustrated or overwhelmed, and be a resource for them when they are struggling. Don't say that your people are your greatest asset and treat employees as expendable; your reputation will continue to be among the worst of any public accounting firm until you learn to treat people with respect.


  7. "Staff Accountant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Staff Accountant in Atlanta, GA
    Former Employee - Staff Accountant in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Novogradac & Company full-time

    Pros

    The only CPA firm that I know that pays for overtime and the kitchen is well stocked.

    Cons

    The company has a low retention rate.

    Advice to Management

    N/A


  8. Helpful (7)

    "Analyst - KC Office"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Real Estate Analyst in Overland Park, KS
    Former Employee - Real Estate Analyst in Overland Park, KS
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Novogradac & Company full-time (More than 5 years)

    Pros

    The company is the leader in the LIHTC industry, bar none. Within the valuation group, no other market analyst or appraisal firm has the knowledge, experience, and reputation that Novogradac does. It is a great place to start your career - you will work hard and learn a lot. There is room for advancement if you start at entry level, and if you want to advance further to management, there is opportunity there, as the company and the GoVal group are growing. It is no joke that you will work hard (average work week is 45-50 hours), but this is very clear up front during the interview process, and I felt very well compensated for the amount of time and effort put in. I really enjoyed my coworkers and the work was interesting. Other pros were a decent amount of PTO, fully stocked kitchen, flexibility with hours when needed, lack of typical corporate bureaucracy.

    Cons

    Some work can be a crunch to get finished at the last minute, but it is the nature of professional services. This is not the place for someone looking to hang out from 9-5 and watch the clock. You'll work hard.

    There is some travel, which I guess is a negative and a positive. But it's not overwhelming, travel is less than 25% of your time.

    Advice to Management

    Continue to work on efficiencies to streamline the work and also improve work life balance. Both of these improved while I was at the firm and these are clearly priorities that management is working on.


  9. Helpful (1)

    "Senior Accountant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Northville, MI
    Current Employee - Anonymous Employee in Northville, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Novogradac & Company full-time (More than 3 years)

    Pros

    Great accounting firm where one can stay up-to-date on their audit and tax knowledge simultaneously. Challenging work on daily basis.

    Cons

    Very specialized niche i.e. the tax credit industry.


  10. Helpful (1)

    "Good if you interned there. If not..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Canton, OH
    Former Employee - Anonymous Employee in Canton, OH
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Novogradac & Company full-time (Less than a year)

    Pros

    - Plenty of opportunity to learn both audit and tax accounting

    - Agreed upon procedures and forecasts give different view of the accounting field.

    - Casual work environment

    - Good pay and benefits package

    Cons

    - Niche market pigeon-holes you in terms of your experience for future job prospects

    - Little to no training for those who did not intern. Expected to learn everything on your own

    - Budgets are unrealistic

    Advice to Management

    Help those who are coming in straight as a staff a little better and provide training for those who may come from a more traditional accounting firm with various industries. The training does not help those who did not come directly from this type of firm.


  11. Helpful (1)

    "Former Novogradac & Co Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Atlanta, GA
    Former Employee - Anonymous Employee in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    This was a great company. I worked in the Atlanta Office in 2012. This company cares about their employees. Wonderful work events that families are invited to. And excellent training and advancement opportunities.

    Cons

    I can't think of any.


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