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So I recently applied for a position as a training specialist, but I feel like I’m more than qualified to look for other roles. I have work in finance, but I do have my PMP, but I haven’t led any large projects, just assisted on them any advice to a young professional that just graduated with an MPA Fiserv, Inc
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Realistically, if you’re (1) good at excel (2) personable and (3) do a little bit of studying on typical FDD key areas of analysis (QofE, NWC, ND), you should be golden. A lot of us in FDD feed from audit, which is IMO still very different than FDD. For example, testing controls has absolutely no correlation with what I do now. Frame your skills translation with items like ability to work in small teams effectively, efficient in excel (and any other software), experience managing client relationships & request lists, etc.
Thank you KPMG1, (1) I’m comfortable with Excel (Vlookup, Sumifs, index and match, etc). For (2), we will see. (3) I’ll study basis FDD key areas as you suggested. I’m also a CPA with a bachelor and master in Accounting. I also have experiences work in teams, lead teams and collaborate with other teams. Would that be sufficient to have a chance? I don’t mind learning and picking up new knowledge and willing to take a step back as a senior to learn and build up foundation. Thank you in advance for your input!
It's a huge leap and you would essentially need to go down a few levels. Have you considered M&A tax?
Thanks for your input. I just don’t want to work in tax anymore and would like transit to FDD to gain a better perspective on how businesses work by working on deals. I’m aware of the lack in M&A knowledge and willing to join the group as senior if possible. Can you please help how I can make my experiences relevant and useful for FDD and the possibilities to make the switch and join as senior?
This is a huge jump especially at the manager level. I’m not saying it’s impossible but just prepare for a step down. I started my career in tax and went into M&A accounting (not FDD but accounting advisory) as a senior and just got an offer to go into industry for corporate finance. When I first went into M&A there was a HUGE learning curve I honestly felt like I was a staff 1 again. But nothing is impassible if you work hard and learn.
Do you have a finance degree or any modeling experience? Has any of your clients gone through a deal? These are potential bridges you can make. I wish you the best of luck!!
For sure! I would just focus on the soft skills, your can do spirit, and your personality. Anything is possible! Heck people change their career paths in their 40s. You will be fine.