CMAAS Folks: What type of work does CMAAS typically take on? Is it primarily transaction, public readiness (Carve outs, IPOs, SPACS, etc.) and technical accounting matters or are there also less accounting related areas such as finance optimization/consulting type roles?

like
Posting as :
works at
You are currently posting as works at

All of the above. Digital finance is a growing part of the practice. If you’re technical, you can provide the accounting perspective on transaction structuring and help craft the mix of rights and instruments that go into a deal eg, client wants to buy 30% of a company and not report an equity method investment > you build a strawman and present to bd who then negotiates a preferred with those terms

Very small group within CMAAS does this and typically requires significant skill set - especially at a higher level - to think on your feet and see (1) where the potential risks are and (2) have enough of a skillset to formulate a solution around the guidance without changing the business goal of the transaction.

You can develop it over time over as clients ask, “So my biz dev people are looking at this weird transaction. Can you look at the term sheet / tax structure deck for red flags?” Sometimes, they highlight a specific risk (e.g., consolidation). Other times, super open ended. It’s challenging work I enjoy, but there can be downsides:
- fact patterns can change quickly so you have to be agile (and willing to accept some frustration when you have to start over; and
- its risky given things can move fast and getting something wrong can happen - especially if you’re ill equipped for the matter at hand and get ‘over your skis’

DM me for a referral. Have helped others in past to get an offer in CMAAS

We all have fam

Related Posts

Fellow fishes, any productivity podcasts you enjoy listening to? I'm trying to make my work hours a worthwhile experience.

like

My boyfriend wants kids. The only kids I want are the ones with fur and 4 legs. He loves them because he has nieces and nephews, but he doesn’t even wake up when our senior cat cries at night or throws up on the floor. I’m the one that hears it. Doesn’t make me feel hopeful that he’ll wake up when he hears a baby cry at night. He sleeps like a log.

like

How's the NYC Business Tax teams doing? Thinking of making a switch after 4/15. Want to get into a provision group.

like

I have 13+ yoe in java, springboot, microservucrs, which cloud I should learn aws, azure or gcp

like

Anyone have any insight working at Angelo Gordon? Curious about hours, pay, team, etc. Thank you!!

like

What are the top consulting firms that are known to allow full-time remote work?

like

Was thinking of getting a new travel card, wanted to know if AMEX is widely accepted in Europe or should I just stick to a Visa/MasterCard?

like

Pros and Cons of switching internally/cross companies from US to UK? I have been considering a switch to UK but not sure if I'll end up regretting it.

like

Currently working as a process engineer in switzerland (south east). Salarys and Rent are Medium High. Current salary around 80k. Trying to switch to sales (same company). Had a talk with the teamleader. He talked about the job and told me that they were actually looking for a junior sales (and some product management responsibilities ). That they are looking for a junior isn't to bad, because i have no experience in sales (customer contact yes, but no sales) What salary can i expect?

like

I’m looking to carve out my career in HR. I have 2 years in a dedicated HR Coordinator role (essentially with Generalist duties) and 5+ years in senior level hospitality management. I’m interested in getting my PHR or getting a certificate in data analytics with business/HR focus. Thoughts on next steps?

like

I’m a 7 right now waiting for this edible to kick in and make me a 6

Post Photo
likefunny

Does anyone know if an employee’s right to privacy in their personnel file is extinguished when they die? I am in Ca and responding to discovery. I would normally object to the personnel file request on privacy grounds, but in this case where the employee is deceased, I think I have to comply?

like

Is NFL RedZone on your phone all the NGL games or just a few that are featured during the week?

Just watched season 1 of spy thriller Tehran on Apple TV . It was awesome . I was also big fan of Homeland on showtime . What are you watching these days ?

like

Seeing a lot of demand for Supply chain planners. How is the payscale for this?

HI BCG Fishes, I am Currently a Quant in the FI looking for a change. I got approached to join BCG GAMMA as Solution Lead. Any insides regarding the Solutions Track in GAMMA ? i havent found anything about this track , just KT (which seems to be not the same) and CT . is it worth taking how much below general consulting or above KT ( if not the same) this would be? Boston Consulting Group

like

Hello all,

Is
Naukri.com really useful while you are in a job search? Do recruiters reply back on the jobs applied?
What was your experience with Naukri portal?

like

Has anyone here applied for a closed work permit in the last few weeks /months from the US? It’s been 10 weeks since my submission and avg processing time on the IRCC website is 5 weeks. According to my lawyer it’s just normal processing delay. Is this true across the board?

like

I was told by management they see me in a more supervisory role at my first year review and during meetings. My second year review comes and there’s no talk about a promotion - instead it says “we can’t wait to see her excel“ and my raise and increase were the same as the prior year. I know I deserved more of an increase this year. I mentioned to my manager about the promotion and was told she will bring it up in a meeting. Three months later and I haven’t heard anything. Any advice?

like

Additional Posts in Advisory in Accounting

Anyone in Munich ?

like

Anyone know how long you typically have to wait to re-apply for a job at Big 4? Friend got auto rejected last month but wants to apply with a referral from me and new resume format

like

Anyone knows which B4 has the biggest accounting advisory presence in Seattle?

like

Hello!

Any advice on how to request a 20% raise? This is my first career out of college. I signed my offer letter knowing that I was being underpaid by 10%, as per the posted position salary. My 1-year appraisal is close and I would like to request 20% based on an increased workload; I would also like to make up for being underpaid my first year.

My dilemma: Many companies only pay up to a 4% raise. However, that will not cover much in this economy, and I would still be still underpaid.

like

What is the salary range for a Financial Crime (Advisory) Manager at KPMG. Location would be Chicago.

like

Anyone have experience working in Accounting Advisory at CrossCountry Consulting?

like

What careers are there after IT Audit. Would you recommend staying until you are a manager or just a senior? Would you recommend getting your MBA?

Does anyone have first hand experience with this?

like

For those in the city, how often do you bring lunch compared to eating out?

Anyone in KPMGs transformation delivery practice(dc area)? Is this mainly in the public sector?

like

I was curious what other firms have set as their utilization goals for their different positions?

Currently, everyone from staff to senior manager has a set goal of 90%.

like

Anyone work advisory in Seattle? Moving that way in a few months and starting to look at my options. Would love to chat and be a referral if it works out.

like

Does pay in corporate max out at a certain point unless you make C-Suite? Thinking fp&a track specifically.

like

Is AAS a good area to gain transferable skills and learn a lot? Comparing to audit.

Is everyone in valuation typically pursuing a CFA? Looking to transfer in.

like

I’m considering the Life sciences and Healthcare group but I hearing a lot about how bad/mixed reviews about the lifestyle for FDD. Can someone give a description of what it’s like? Is it really that unpredictable? Or is it generally manageable?

like

New Senior 3 here, I am unsure what I should try to specialize in out of the FAAS offerings. They all sound pretty interesting, and it seems like most manager+ level are aligned with a service pillar. Which of the below would provide best exit opp / pay?

1. TAAG: Technical accounting
2. Transactions: Assume this is deals support like CMAAS?
3. ESG and Sustainability
4. Finance Optimization (ERP Implementation)
5. Treasury / Risk Management / Financial instrument (not sure about details tho)

like

Anyone else feel like industry is less attractive than it used to be? With recent pay raises the comp isn’t as competitive and I’m finding that a lot of places are just as understaffed as public.

like

What type of advisory has good pay, decent work life balance, rarely requires travel, and allows fully wfh options. I have 1.5 years audit experience and am a CPA. Please advice me 🙏

like

Has anyone transitioned from audit to transactional audit services? What was your experience and did you regret it? What were some of the challenges you faced and what are the exit opportunities?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal