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Those who tuned into KPMG town hall, thoughts?
Hi All,
Looking to make the move from working in industry to big4 and was curious as to what level and pay I might be worth?
I have 10 years experience out of uni, as well as completed CPA and MBA. I have a experience in managing entire finance function of small/medium entities, but most notably solid corporate finance experience/strategy leading refinance exercises, debt raising, hedging/treasury strategy etc…Would be looking for something in deal advisory / M&A / CFO advisory etc….thanks Deloitte EY PwC @
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I believe that PwC is trying to keep some business units alive while more or less divesting others in Canberra. Promotions and bonuses are both very scarce. Government is not allowed to automatically renew any PwC contracts. There is a pall over all the Big 4 right now.
Yeh I believe the fall out will be massive across all big firms.
Huge update today - PWC Australia have appointed a new CEO and government consulting business is being sold for $1 to Allegro funds.
Yeah massive development. Allegro seems to specialise in turnarounds, so I’m keen to see how that goes.
Haven’t they been banned from government contracts?
Community Builder
Haven’t seen the ban confirmed yet
Yeh it’s not good, the fact a conversation is being entertained regarding the sale of the gov business to allegro funds - demonstrates the immediate and long term impact.
I feel sorry for the grad-manager cohort in Canberra, who have no influence over the account, and will struggle to find new jobs because of the ‘PWC’ name on their CV currently.
Canberra is its own funny little ecosystem; the Canberra bubble that people speak about is very real. There are plenty of good firms that will take ex-PwC people and wouldn’t hold their employment with PwC against them. Anyone facing difficulty can PM me and I will get them a role.
I suspect that the ex-Booz parts of the business are being packaged up for sale. They have a legitimate competitive advantage in that space and it is pretty much a standalone business unit.