I bet you sang the title, didn’t you? No… I’m not talking
about Christmas (116 days away – but who’s counting?) I’m talking about the real “Most Wonderful Time of the Year” –
internship recruiting season! And it is finally upon us!
Today kicks off Recruiting Season, and all of us at Monroe
Shine could not be more excited! This is one of my favorite times of the year;
I love getting to visit schools (especially UofL) and helping Mallary with
recruiting. I can’t believe that is was 3 years ago that I met Mallary &
Butch at the UofL Accounting Social, and this afternoon I’ll be attending that
same event alongside them!
A close second to Recruiting Season, is Tax Season… A lot of
people outside of our field think that public accountants are just so busy during Tax Season, and then sit
around doing nothing the rest of the year… And I’ll be honest, up until a few
years ago – that was kind of my impression too. It wasn’t until I started
talking to more accountants and learning more about their careers that I really
began to see the bigger picture.
When we’re not running around like chickens with our heads
cut off on April 14th, we’re still really busy! The rest of the year
is filled with audits, internal control assessments, and returns that were on
extension; as well as fun little things like bookkeeping, and payroll or sales
tax returns. Although no matter what the rest of the year holds – I still love
tax season… :)
Something about the longer to-do lists, and the extra hustle
in everything really makes me thrive. Knowing that after I finish my current
task, I’ve got a bunch more to do, makes me work a bit harder. I think everyone
in the firm thrives off the organized chaos – there is so much going on, and
everyone is working on such a variety of things, but somehow at the end of the
day (or end of tax season) we all make it work.
My two tax seasons with Monroe Shine have been two
completely different experiences; neither one was better than the other. I
think both really helped me grow as an accountant and as a person. During my
first tax season, I was working a nice 40 hour week (we don’t like to overload
our interns), and I wasn’t taking any classes. I was a junior at UofL, and quit
my old part-time job so I could really focus on my internship. This first tax
season internship was for school credit through UofL – which is something that
you should definitely explore taking advantage of when you’re getting ready to
do your internship! I remember feeling super clueless at first, but eventually
figuring a lot out and gaining so much knowledge along the way.
My second tax season was a completely different beast. I was
taking 15 credit hours, spread between online classes, an 8 a.m. and some night
classes. In the beginning of the semester I was working about 35 hours around
my school schedule. But after the March 15th deadline rolled around
and we all started to focus on our big April 18th deadline, (it was
a Monday this year – so weird), then my schedule ramped up to about 45 hours a
week. Juggling school and a full-time internship was very difficult at times,
there were many mornings when making it to my 8 am class was difficult because
I was up late studying after my night class. And there were so many afternoons
where I would’ve rather stayed at the office then gone back to campus for
class… But somehow I survived, tax season was conquered – and my LAST SEMESTER
of school was complete!
However you decide to juggle school and interning, is up to
you… But my best advice would be that for your first internship, keep your
course load as light as possible. Take as few classes as possible and maybe try
an online class so you have some more flexibility in your schedule. We have had
part-time interns before, so if you really want to intern but can’t take a
semester off (like I did) or take a lighter course schedule, a lot of firms are
willing to work around that! And then maybe if you do a second tax season internship
like I did, you’ll better be able to assess whether or not you can handle a
schedule like that. Every student/intern is unique, and at the end of the day –
your future employer wants what’s best for their interns!