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Is a very large financial services company and I’d do mortgage loan accounting among other things (get to move around). What are the career prospects for both. If I were to go the financial services route, could I work for, say, a tech company in the future, or will i pigeon hole myself?
I have a background in mortgage loan accounting and financial services. Have had multiple contacts from Amazon for finance manager positions that I wasn't really interested in so you should be ok. I wouldn't stay in the space for too long though if your goal is to move over to finance departments in tech.
(Cont'd) I don't know enough about Rev Rec, but I would think it impacts everyone as opposed to just mortgage loan accounting; in general if you want to move over to tech I think they focus more on your skillset than experience. Any experience with building models, SQL, analytics etc should be very interesting to the finance roles at these tech firms.
Do you know more about the ASC 606 company? You could be in for a world of hurt if they chose not to automate, and you’d definitely be in for a world of hurt (and major growing pains) if they did automate... recently implemented at a client and their Corp finance team (owners of ASC 606) are being run ragged- it won’t be any better next year.. probably worse... but won’t last forever of course
KPMG 1 - thank you! That definitely helped. I know SQL and analytics and it’s an interest of mine so that’s why the position was attractive to me.
PWC 1 - I think they want to bring me on board to help with their rev rec analytics and see if they can automate any processes since it seems pretty manual. So I’d help with that transition. Seems like an interesting position.