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April 11, 2025 47 mins

What if the solution to accounting's talent shortage has been hiding in plain sight? In this episode, Navy veteran Mark Steinhoff reveals how the precision required to maintain life support systems on submarines directly translates to accounting excellence. Having managed critical oxygen systems hundreds of feet underwater, Mark now applies that same meticulous attention to detail as an accountant for a water utility. With the profession facing a 70,000-person annual deficit while 200,000 service members transition to civilian life each year, discover how military experience with procedures, documentation, and quality assurance creates natural accounting professionals—and why veterans might be the untapped talent pool accounting desperately needs.

Chapters

  • (01:09) - Transitioning from Military to Accounting
  • (02:37) - Similarities Between Military and Accounting
  • (05:46) - Life on a Submarine
  • (11:31) - How Did Working On a Sub Translate to Accounting
  • (16:43) - The Procedure is Not Optional
  • (20:50) - Current Role and Future Aspirations
  • (24:30) - Exploring Career Paths in Accounting
  • (24:53) - Transitioning from Military to Accounting
  • (26:31) - Leveraging the GI Bill for Education
  • (26:44) - Navigating the Pandemic and Career Decisions
  • (28:36) - The Value of a Business Degree
  • (29:08) - Balancing Education and Personal Life
  • (30:53) - Gaining Practical Experience in Accounting
  • (32:23) - Pursuing an MBA and CPA
  • (45:24) - The Evolving Role of Accountants
  • (47:01) - Closing Thoughts and Encouragement
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Connect with Our Guest, Mark Steinhoff

LinkedIn: https://www.linkedin.com/in/marknsteinhoff/

Connect with Blake Oliver, CPA

LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/

Mark as Played

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