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Hi Fishes,
How's the joining process in TCS? (is it virtual?)
When will TCS provide the joining letter?
Did someone from BGC team will contact for Address verification/anything else related to BGC?
When will the background check get completed? (How do we know the status of BGC)
Tata Consultancy
Thanks
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Hi Fishes,
Are you a passionate Devops who is looking for Job Change ? Then This is for you,
Thoughtworks is looking for Devops / Infrastructure Consultant to join them.
Fill in this Google form (Recommended) or if link not accessible use the email mentioned in the image below.
https://forms.gle/x8pJFxtqPpJHKmUF8
Additional Posts in Private Equity and the Buy Side
Thoughts on Nautic in RI? Comp, hours, etc.
Can someone explain EX-TAC like im a 3 year old
Could potentially go to internal audit.
You’re extremely, extremely unlikely to pivot from accountant to deal team just to be upfront. Standard path to deal team is either IB +/- top MBA or MBB w/ PE experience.
Maybe look at standard account paths? Working in PE doesn’t change anything, if you’re back office it’s the same as working for any company
Not really IBA1
My POV / experience - I’m not a banker or PE investor but work as head of M&A for PE backed companies and was a strategy consultant prior. I feel like accountants don’t possess the financial analytical skill set that IB / PE / investing roles require. They’re great at applying rote accounting rules and doing the grunt work (closing, financial accounting etc.) but lack modeling expertise and strategic thinking. So, while they have the raw ingredients and understand the “language of finance,” they don’t necessarily know how to translate it to corporate finance or think like an investor etc.
But that being said, what would be the best path forward for someone like her with a BS and MS in accounting? Perhaps F500 accounting and financial analyst type roles? Maybe pivoting to FP&A?
F500 FP&A / Strategic Finance is the best exit.
My wife is in a similar position (IB though). Thinking through the options with her now on how to progress.
Very curious what folks here say.
I have never seen someone make that switch. I have seen it from Big4, but never from internal accounting roles.
At our firm we would never consider one of the persons in accounting to join the deal team.
Yup. Seen the exact same thing. That’s why I think it’s a dead end gig for an accountant.
Why are you so interested in your best friends wife’s career path? Feels off-ish
Why do I have a feeling you’re not married…
I’ve never seen a fund accountant pivot into the deal team. Opportunities in her current role are all back office.
Deal team will never happen. Have seen cfo happen plenty
Answer: controller and then potentially a CAO/CFO role at her fund (or at a lateral/smaller fund). not a bad gig at all. Or can pivot to more FP&A if that is more interesting for her.
Family member is a Director of Accounting at a PE shop on the portco side. Is responsible for 5-6 portcos - all financial statements/reporting, CFOs all report to him. If a CFO leaves, he steps in as acting CFO and heads up the hiring process. Is involved with strategy & planning for each company.
I imagine this could be an option for someone with hard accounting skills. He likes it, especially the exposure to different industries.
Great example! Thanks for sharing
Head of accounting. Will need to step away and do an MBA or work in consulting to get to the deal team.
0% chance of that switch at any fund with scale ($250M+ AUM).
Fund level CFO/fund ops is probably the ceiling
No chance of deal team, if she can expand her scope COO/CFO roles are feasible in the next decade