PwC Experienced Associate Job Description: Salary, Duties, & More (2023)

PwC is a global professional services network that provides assurance, tax, and consulting services to clients in 158 countries. They are one of the largest professional services networks in the world, with over 250,000 employees.

An Experienced Associate at PwC is responsible for providing high-quality services to clients. They work with clients to identify and solve complex business problems, provide advice on financial and operational issues, and help clients develop strategies to achieve their goals. Experienced Associates must have strong analytical and problem-solving skills, as well as excellent communication and interpersonal skills. They must also be able to work independently and as part of a team.

PwC Experienced Associate Job Duties

A PwC Experienced Associate typically has a wide range of responsibilities, which can include:

• Provide high-quality audit services to clients in a variety of industries
• Develop and maintain strong relationships with client personnel at all levels
• Demonstrate an understanding of the client’s business, industry, and risk profile
• Identify and communicate accounting and auditing matters to senior associates and managers
• Prepare financial statements and related disclosures for review by senior associates and managers
• Perform substantive analytical procedures on various accounts and transactions
• Participate in planning meetings and assist in developing audit strategies
• Assist in the preparation of management letters and other communications
• Supervise, train, and mentor junior staff members
• Ensure compliance with firm policies and professional standards
• Remain current on technical developments in the profession
• Actively participate in recruiting activities and serve as a role model for new hires

PwC Experienced Associate Salary

The salary for an Experienced Associate at PwC is determined by a variety of factors, including the individual’s experience, qualifications, and performance. PwC also takes into account the local market rate for the position, the individual’s geographic location, and the cost of living in the area. Additionally, the company may consider the individual’s job-specific skills, the type of work they will be doing, and the amount of responsibility they will have.

• Median Annual Salary: $86,246 ($41.46/hour)
• Top 10% Annual Salary: $101,970 ($49.02/hour)

PwC Experienced Associate Job Requirements

To be hired as an Experienced Associate at PwC, applicants must have a minimum of a bachelor’s degree in accounting, finance, or a related field. In addition, applicants must have at least two years of professional experience in accounting, finance, or a related field. Candidates must also have a valid CPA license or be in the process of obtaining one. Furthermore, applicants must have strong analytical and problem-solving skills, as well as excellent communication and interpersonal skills. Finally, applicants must be able to work independently and as part of a team.

PwC Experienced Associate Skills

PwC Experienced Associate employees need the following skills in order to be successful:

Corporate Governance: Corporate governance is the process by which a company’s leadership and shareholders work together to ensure the company’s success. As an associate, you may be involved in the corporate governance process, which requires you to have a strong understanding of the company’s goals and how you can help achieve them.

Statistics: Statistics is the ability to interpret data and draw conclusions from it. This is an important skill for accounting professionals because they use data to make financial decisions. For example, a CPA might use statistics to determine if a company is making a profit or if it’s in debt.

Microsoft Excel: Excel is a spreadsheet program that businesses use to organize and analyze data. As an associate, you may use Excel to create financial models, track budgets and analyze data.

Project Management: Project management skills are essential for accounting professionals, as they often oversee multiple projects at once. As an associate, you may be responsible for managing a single project, but as you advance in your career, you may be responsible for managing multiple projects simultaneously. This requires advanced project management skills, including the ability to delegate tasks, track project progress and ensure that projects are completed on time and within budget.

Requirements Gathering: As an associate, you may be responsible for gathering information from clients and colleagues to complete assignments. You may need to gather information about a company’s financial status, market trends or other details to complete a task. Gathering information is an important skill for an associate because it helps you complete your work and learn more about the field.

PwC Experienced Associate Work Environment

Experienced Associates at PwC typically work 40-hour weeks, although overtime may be required during busy periods. The work environment is fast-paced and demanding, with a high level of stress due to tight deadlines and the need to produce high-quality work. Associates are expected to be able to work independently and as part of a team, and to be able to manage their own workload. Associates may be required to travel to client sites, and may also be required to work from home. Associates are expected to stay up-to-date with the latest developments in their field, and to be able to apply their knowledge to solve complex problems.

PwC Experienced Associate Trends

Here are three trends influencing how PwC Experienced Associate employees work.

Building a Successful Mentorship Program

Mentorship programs are becoming increasingly important for PwC Experienced Associates. As the workplace evolves, mentorship is a key factor in helping employees develop their skills and grow professionally. A successful mentorship program can help foster relationships between experienced associates and new hires, as well as provide guidance on career development and job opportunities.

Mentorships also offer an opportunity to build trust and understanding between colleagues. Mentees can learn from mentors’ experiences and gain valuable insight into the company culture. Additionally, mentors can benefit from having someone to share their knowledge with and help them stay up-to-date on industry trends.

Overall, building a successful mentorship program is essential for PwC Experienced Associates to ensure they have the resources and support needed to succeed.

Improving Digital Fluency in the Workplace

Digital fluency is becoming increasingly important in the workplace, and PwC Experienced Associates are no exception. As technology continues to evolve, it’s essential for experienced associates to stay up-to-date on digital trends and tools. This includes understanding how to use data analytics, cloud computing, artificial intelligence, machine learning, and other emerging technologies.

Digital fluency also involves having a good grasp of cybersecurity protocols and best practices. With cyber threats constantly evolving, it’s important for experienced associates to be aware of the latest security measures and know how to protect their clients’ data. Additionally, they should have an understanding of how to leverage digital solutions to improve efficiency and productivity.

Developing Your Resilience for Sustainable Success

As the world of work continues to evolve, it is important for PwC Experienced Associates to develop their resilience in order to sustain success. Resilience is defined as the ability to bounce back from adversity and adapt to changing circumstances. It involves developing a positive attitude, managing stress, and having an open mind to new ideas.

PwC Experienced Associates must be able to handle pressure and remain focused on the task at hand. They should also have the capacity to learn quickly and adjust to different situations. Developing resilience will help them stay motivated and productive even when faced with difficult challenges. Additionally, they should strive to maintain a healthy work-life balance in order to prevent burnout. By cultivating resilience, PwC Experienced Associates can ensure sustainable success in their careers.

Advancement Prospects

Experienced Associates at PwC have the opportunity to move up to Senior Associate or Manager roles. Senior Associates are responsible for managing teams of Associates and providing guidance on complex projects. Managers are responsible for leading teams of Associates and Senior Associates, and they are also responsible for developing and maintaining client relationships. Experienced Associates can also move up to Director or Partner roles, which involve managing teams of Managers and providing strategic advice to clients.

Interview Questions

Here are five common PwC Experienced Associate interview questions and answers.

1. What can we expect from you if hired?

This question is a great way for the interviewer to get an idea of what you can bring to their team. It’s important to be honest and specific in your answer, as it will help them understand how you plan to contribute to the company.

Example: “I am extremely organized and detail-oriented, which I believe are two skills that would benefit this company greatly. In my previous role, I was responsible for managing client accounts and ensuring all financial documents were filed correctly. I also have experience working with clients who are facing challenging situations, so I know I can provide support and guidance when needed.”

2. Who is your role model?

This question can help the interviewer get to know you better and understand what inspires you. When answering this question, it can be helpful to choose someone who has a career path similar to yours or someone who has achieved something that you would like to achieve in your own career.

Example: “My role model is my father. He was an accountant for many years before he retired, and I remember how much he enjoyed his job. He always made sure to teach me about accounting so I could learn from him, and now I am following in his footsteps by pursuing a career as an accountant myself.”

3. Where do you see yourself in 5 years?

This question is a great way to learn more about your career goals. It also helps the interviewer determine if you are likely to stay with PwC for an extended period of time. When answering this question, it’s important to be honest and realistic. You can mention any personal or professional goals that you hope to achieve in the next five years.

Example: “I see myself as a partner at PwC within the next five years. I would like to continue growing my client base while maintaining excellent relationships with my clients. I am very dedicated to my work, so I know that I will put in the effort needed to reach this goal.”

4. Do you have any experience working in an audit team setting?

This question can help the interviewer determine if your experience is similar to what you would be doing in this role. If you have no prior experience, you can talk about how you would adapt to a team setting and how you might contribute to the group’s success.

Example: “I’ve worked on several projects where I was part of an audit team, but my most recent experience was when I helped lead a project for a client who needed assistance with their financial statements. My team and I were responsible for creating a plan that outlined our strategy and goals for the engagement. We then had to report back to the client at regular intervals to let them know how we were progressing.”

5. Which area of accounting most interests you?

This question can help the interviewer determine if your interests align with their company’s goals. Use your answer to show that you are passionate about accounting and have a desire to learn more about it.

Example: “I am most interested in tax preparation, which is why I chose to pursue an accounting career. I enjoy learning about how different financial decisions impact a client’s taxes. In my last role, I helped prepare clients’ quarterly reports for submission to the IRS. This process was very rewarding because I could see the results of our work and know that we were helping businesses stay compliant.”