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Take it and run! Haha
I dunno you went through a lot of pain to make M
Stuck at Senior. Recruiters or hiring managers will spend about 5 seconds on your resume and the first thing they look at is title. Doesn't matter that I have done Manager level work. They won't take the time to read it and, even if they do, the feedback is usually something along the lines of "well, you're not a Manager."
As TC1 said, moving up isn't as easy as most are making it sound, especially when the competition for Manager + roles is very competitive.
Hope that answers your question.
More pay and less responsibilities, why not
Seriously - take it. Titles change all the time pay doesn’t
Who cares about title? My buddy at a start up is a director of finance, which is an insanely inflated title and he is making barely 6 figures. Meanwhile seniors in PA easily clear 6 figures
If you’re in banking, associate vs manager doesn’t mean anything. My company’s hierarchy is analyst ->Associate -> VP. I feel only public accounting and internal audit have manager, senior manager, etc. You’d probably have similar responsibilities as a manager too. I get wanting that title manager, but you found an “associate” position that pays 30% more. Money over title to be honest.
Agree with responder that titles do not matter, I have a friend high up at Kroll, and he came from insurance, but he does have a law degree. Auditors are so concerned with titles. Typically, people are given an inflated title because the firms needs to increase their retention metric as they probably get a i.e. bmw if they have xx people retained. I question whether the op understand the Business model Or if they're gonna complain in 6 months of imposter syndrome.
Can you negotiate to be a manager/VP there? Thing is it might take you 3 years to be promoted there. I would ask for some covenants laid out in your offer letter about how they can accelerate your promotion. If not, your promotion will drag even though you might be a good at your job. In 3 years, the 30% bump won’t feel as exciting so get as much as you can before you walk into the door
Does the manager title pay your bills?
Personally I’d take it. I’m an associate in audit and want to make a change to FP&A. If you’re a M1 now and a switch to FP&A associate would give you a 30% bump as you progress upwards you’ll be making a ton more. Plus since you are a M1 currently, you might move up quicker
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Negotiate the title. If they gave you the offer mean they like you enough. Why not ask for a title match.
I would probably hesitate if PA promise to promote me while I get a job with lower rank and pay bump. If I already got that title in PA, I don’t see an issue with the title
What lol
Take it
30% is enough to make a move. Big4 are about to have some painful years in front of them, sidestep them if you can
The title is equal to the bucket and the pay that you are in. If they give you a title that's not within that pay range, then there could be issues ie lawsuits with other people that are in that same title group. This is really applicable only to BB MF. Plus I've worked with managers who don't have the proper credentials. They just were put in that role because there were no managers.
I’d run. Aren’t Pwc cutting headcount?
Isn’t the manager title already showed up on your resume somewhere since you are M1? If you decide to move back to big four, you can always get back your manager title easily.
Mentor
If you’re going to a bank it takes a while to get promoted esp in back office. That being said since it’s a different line of work it makes sense that they’d downgrade you.
Me personally, I’d take it if I really wanted to transition to FP&A.
Money>title
lol