Nexia TS Reviews

2.5

30% would recommend to a friend

(96 total reviews)
avatar

Henry Tan

45% approve of CEO

20% positive business outlook

Nexia TS has an employee rating of 2.5 out of 5 stars, based on 96 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Nexia TS employee rating is 33% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

96 reviews
1.0
14 Feb 2018

Accountant

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

-Good People - Not much else

Cons

-Pay - Ordinary culture - No progression

1.0
29 Oct 2019
Recommend
CEO approval
Business outlook

Pros

Very friendly and helpful colleagues (interns, A1s to S3s) although there are definitely rotten eggs but are unavoidable. Really approachable managers. Some managers are very nice people too. Plenty of career opportunities because turnover is high so competition is low, and the firm is understaffed so you have the opportunity to do everything. New office this year.

Cons

HR team who smiles in your face when they need something from you, but ignore or ask you to wait when you need something from them. So I would describe them to be the type that does the bare minimum. But of course, they work hard when the CEO needs something from them. The difference is drastic. Basically they do things that only benefit themselves and treat you differently based on your rank. Severely understaffed, causing you to have a steep learning curve. Probably less than 8 seniors left in the company the last time I checked, so it is very common for associates to have to carry the entire engagement. Expect neverending backlogs and mostly cannot claim cab. Many Malaysians (from A1s to managers) so don't be surprised if your leave application is rejected. Severely underpaid. 2.6k for private uni, 2.8k for local uni. Yearly pay rise/promotion not guaranteed. Ridiculous probation + notice period. From your first day of work, you have to bear with it for about 1 year before you can leave. The penalty is a few months' salaries. Everyone knows this so be prepared to be arrowed by managers and seniors to take on unpleasant engagements or tasks. And if a company has such long notice periods, you know how many people must have left within a few months of working previously. You are expected to come in on time at 9am, but nobody dares to leave on time at 6pm. OT pay is non-existent. Even if you leave late, some staff even go home to continue their work. If you are online at home, when the manager or partner goes online to check-in or review, they will be under the impression that you are working too even if it is like 3am, and be glad about it. So yeah culture isn't that great. Audit is not a glamorous industry but it is the best opportunity for anyone to gain valuable experience especially when starting out in the accounting industry. But that being said, might as well go to a bigger and more well-known company i.e. Big Four and be compensated more as an auditor. Better resume for the future as well.

3.0
27 July 2019
Recommend
CEO approval
Business outlook

Pros

- Great for entry level. As A2/A3, you are forced to take on responsibility higher than your rank due to shortage of staff. In return, you gained more exposure and skills than your peers. (No pain, no gain) You get to involve in audit of the entire financial statement sections, a fuller picture. The firm have a lot of training sessions to keep up the competence of its staffs. - I was lucky to be in a team that is very supportive of its team members. Team culture is excellent (provided you join the right team). The Company culture not so. - It's official working hours is 8:30 to 5:30, how cool is that!! If you are a workaholic who loves overloading work, long hours with fixed low pay and unclear objective performance bonus, this the Company to be in! - Rarely I heard my colleagues and I able to claim OT hours (capped at 40 hours). Normally, Our timesheet is also filled 8 hours per work day. Such a work-life balance that other audit firm should envy! - Since management value loyalty (no. of years work) more than cumulative performance, no incentive to overperform, just do mediocre and grind the years up the corporate ladder. - Among the unsolved mystery of life, you will find NexiaTS's KPI, performance assessment and calculation of performance bonus to be in it. Spooky.

Cons

- Your Client is always right. Your Boss is always right. Sorry sorry, I am always at the wrong. Also, Cleaning Auntie is always right. - If you are a new comer, you got to overcome the established oligarchs (ppl that stay in the firm for too long) that have favorable negotiation of manpower and projects. But if you stay long enough, you will join them to deny favorable resources to new joined managers. - Don't you love it that your performance (Nov - April 20X1) is only assessed 9 months later (Oct - Nov 20X1) , then the bonus is only paid out 12-15 months later (Mar & June 20X2). - Some audit procedures is unproductive, non-value adding checklist filling exercise that make staff lose focus on what is critical or important. Using too much resources chasing small details that is of little value to the audit process. - "We take this opportunity to thank you for your valuable contribution to the Company" is the only personal level appreciation that management will ever show (annually once)

Viewing 1 - 3 of 96 Reviews

Glassdoor has 144 Nexia TS reviews submitted anonymously by Nexia TS employees. Read employee reviews and ratings on Glassdoor to decide if Nexia TS is right for you.