I’m an S2 auditor looking to exit in a job that’s more stimulating and less tedious than being an auditor / accountant. What are your thoughts on FP&A jobs ? I was also interested in joining FDD. I’m specialized in investment funds… thanks !

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

Most people in this bowl haven't actually worked in FP&A and think it's all budgeting/forecasting. Would strongly suggest you do further research on it, as it (ideally) encompasses a lot of strategic finance as well. My current FP&A role is about 50/50 split on routine (budget/forecast) vs. strategic work. There are ones that do only routine tasks or only strategic tasks. And everything in between.

As for FDD, the volatility and the lack of true finance work can be tough to handle, but it can broaden your exit ops if you're looking to have a better shot at FP&A, Corp dev, or small/mid size IB. Just be aware, there's a reason FDD is mostly ex-audit: it's an accounting job. Lots of excel formatting (databooks) and little to no modeling or strategy involved. It's all historical and you are purely the accounting diligence side of a deal. Not saying it's bad, just saying you need to be aware of the good/bad/ugly of wherever you go next.

like

P1, I'm a bit confused. Do you have a masters in accounting or an MBA in accounting...? The large majority of people in PA have a masters. It doesn't mean much outside of getting you the hours needed for the CPA. Honestly, the CPA is more important than a masters in accounting.

If you have an MBA, I'm not sure why you went into audit. But I'm guessing you're just using masters/MBA interchangeably.

There's not anything specific really. I wouldn't waste your time on a certification. The most important thing is having modeling skills. Just look around online and try to build models from scratch. I just went on YouTube and Google to look for anything to do with modeling and practiced that. Also visualization tools like Tableau are good.

Be an Excel genius and understand what value FP&A brings to the company. You should definitely be getting interviews at your level, although passing them is the hard part since you're always a step below people with finance backgrounds.

like

Related Posts

YOE-3.3
Position- Data Engineer
Currently working in Quantiphi
I have 3 offers right now
1) Testbook 23lpa- 19fixed and rest stocks and variable
2)Tech Mahindra-20lpa fixed
3)Skuad - 24lpa fixed
Confused right now which to choose also been listening about recession and bear market so job security is also a crucial point in making a decision.

like

Anyone knows of openings or hiring in Operations space for HF/AM/IB/FA or Family offices? Would like to move to FL, NC or TX.
Have 20 yrs experience with Consulting and Operations

like

Hi there! I work for a tech start-up and I've been tasked with revisiting their compensation philosophy and propose a better structure. I think this will also require me to revisit job titles, existing talent and tenure, performance, career paths, and the organizational structure. Any useful tips as I tackle this big undertaking?

likehelpful

I’m planning to buy the study materials for the SHRM-CP certificate through Amazon. What are the best ones to obtain?

likehelpful

Advice on taking and passing the SPHR exam?

likehelpful

Opentext is hiring. Please reach out to me for referrals. Thanks.

Post Photo
like

Anyone here who made the exit from Big 4/MBB consulting to a VC? If so, I’d love to hear about how the experience is so far. (Not to mention the WLB and comp!) I’m considering a career change but have no one in my network I can go to for insights. Thx! 🙏🏾

like

Up for an in house position at Big 4 consulting. What is the salary range? Anyone have insight? Anyone have insight on the work life balance?

Hi Fishes,

I am thinking to diverting my career towards freelancing in accounting.
For that I have to resign from my current job in Pwc. I am thinking of starting a job as accountant and work as a freelancer as part-time.

Any thoughts or advice?

I got to know that PwC is hiring very aggressively for cloud roles.
Can anyone refer me please?

How is the data practice team at coforge. They told client is an insurance company.
Can anyone share more . about it.

Hey All,
I finished a third round interview, and HR contacted me that afternoon saying I had positive feedback across the board and they would contact me the next day regarding next steps. It’s been two days and they finally get back to me saying they haven’t been able to sync with the hiring manager but will keep me posted. Honestly I wish they would talk with the hiring manager and then let me know the decision instead of checking in. It’s messing with my emotions.

Needed a referral for LinkedIn and google.
Any sort of leads or help is appreciated

Thank you

like

How technical are you expected to be at IBM in the Salesforce practice? For context, I used to work at Deloitte and almost no one had any technical knowledge and their main responsibility was management and requirements gathering

like

Thoughtworks Actively for various Engineering Roles !!!! Use Below Form to send your resume for referral.
https://docs.google.com/forms/d/e/1FAIpQLSdteOWrQAQkcsYHcGd4WgxX3ggZHC3Clprg8zfa3YPVf3hZnw/viewform?usp=sf_link/

for more information, look at the attached image. Link is broken ? No worries, you can find my email ID in the below image. Send you updated resumes with the area of preferences.

Post Photo

Hi ppl,
I heard that for hike, promotion input about performance is taken from TL and teammates and Lumos plays only a very minute role in it. Is this true?

Openings at GEP Worldwide for .Net full stack developers.
DM me for referral.

Post Photo
like

What are yall buying?

like

Anyone from Azure cloud DevOps?
Need some career guidance.

like

Citiustech is hiring for below mentioned roles.

Kindly DM for referral.

Post Photo
like

More Posts

like

upto how many relieving letter will be asked while joining a new company..example...i have changed 4 jobs...then all 4 relieving is required or only last job relieving is required ??

like

For everyone asking how much hike can we expect at this rating(vc/hc/ec), please understand the below points:
1. Rating is only applicable on variable pay
2. Hike % is independent of the rating
3. Hike depends on a lot of factors like your current salary, how is it comparable to the market or the level you are in, do you have a progression/promotion, etc

like

I have an offer from IBM of 16 lpa, but recently I got promotion in my current company and package got raised. Should I ask IBM to increase my package?

Y. O. E - 5.10

like

How to ask for a raise when you have more responsibility ?
Is it normal for people to ask for a raise when more responsibility/task fall under them? My company is going through separation and unfortunately my team is the one getting separated, I have to take on responsibility of another 3 people and continue to deliver the same after separation… how will you start this conversation with your manager ? Thanks in advance.

What neighborhood is good / safe to live in? nob hill? How much is your rent? Does anyone have a 1 bedroom sublet?

like

Has anyone gone through the interview process for the the ADA Program in the LA DA’s office? Would love to know more about what it was like and what questions to expect. Thanks in advance!

like

Anyone else having trouble focusing today? Every time I have a long break and come back to the office I’m reminded how much I don’t like my current job. ID Associate and I have such a hard time concentrating even after a week off. I find it mind-numbing and unfulfilling. I’m never excited to come to work anymore for the past few months now. Just found out from a legal recruiter that I’m also way underpaid here. Hopeful I’ll get a job in a diff area of law or find another calling altogether.

like

Recent client discussion (on a million + dollar dispute over secured FF&E).

Client: we need to do some thug shit to them.

Me: I don't typically recommend thug shit as a litigation strategy. Here's my thoughts...

Client: well I guess we can do this legit. Interesting...

funnylike

Workday I’m a QA Automation Analyst with 2 yoe. I gave my tech interview for Workday and cleared it on Tuesday. I’m currently holding an offer of 15.1 from a bank. How much can I ask from workday?
Tech stack. - Selenium,Java,Jenkins,Salesforce automation.

like

Do you think crime in Nashville is worse than in other cities? I don't frankly, not sure where all the "this town is going to pot" people are getting their information. I love living here and have never had any problems.

like

Matched with a guy on Tinder. Had a great first date. We are stilling chatting on WhatsApp. But he has disappeared from my tinder (presumably, he unmatched with me). Is it typical for ppl to unmatch on Tinder when they are still interested in you?

like

I have an interview with Korn Ferry for an associate principal role and am curious about others’ experiences have been with work-life balance here. Also, I have an idea of what I should be compensated in this type of role, but any insights on how they pay compared to others would be helpful. Are you traveling during the pandemic or have client interactions been virtual? Lastly, if you are a consultant here, are you on billable hours? My current consulting role is not - so this would be new.

like

Thoughts on hiring a coach for prep? I've never done this before and I don't just want a random practice partner who may or may not know what they're doing.

like

With over 2 YOE in commercial sales at Dell and look at other tech company. What should seeking OTE (Base + Commission) when interviewing with other companies ? Open to any advice.

like

Company on track for 22 goals. Traditionally included 2% profit sharing at YE, this year however comes with a unique caveat.

The CEO added a qualifier, to be eligible for the payout one must agree to and sign a binding arbitration agreement. In the CEOs email to staff he indicates these agreements are standard in most companies and typically required for new hires.

I’m curious to get insight from others. Is this standard practice and generally required for new hires? Something feels off.

Hi guys, I am a systems engg in TCS with 3 years exp. Technologies known: C, C++, Java, COBOL, Oracle DB, SQL, Unix/Linux, Shell scripting.
I had applied for Infosys in the company portal long back, but haven't got any replies yet. I am looking for the Developer/ Production support roles.
And I am in my notice period, lwd is 27th sept.
Also, have an offer from L&T with doj 29th Sept.
If any one can help me out with a interview referral, it would be great.
Thank you

Best leadership books you’d recommend? promoted to manage a large team and looking for some books to get practical advices!

like

How hard is a career pivot from digital advertising to a product manager or even developer? I’m learning python 🐍 and at the point where I’m working on a pretty advanced project. I think having technical skills in combination with digital marketing can increase my net worth in the long run .

like

Even though having COVID back in November was miserable, felt good today being able to donate convalescent plasma to hopefully help someone in need.

like

Additional Posts in Accounting Exit Opportunities

Is there a role for a CPA that wants to get into data analytics? Senior audit associate now that wants to exit to get experience with SQL, Python etc. but don’t want to start all over. What roles can I look at where I could leverage my CPA experience but still learn about analytics?

like

Currently controller at a smaller company reporting to the cfo. What are some next career moves back to larger companies or how easy would it be to jump to the consulting side?

like

Who has the best M&A Tax Practice ?

like

Anyone know how much CBRE will offer me for senior financial analyst ?

like

Anyone have any knowledge concerning exit opportunities for a tax manager specializing in private companies and partnerships?

like

Currently a senior in financial services audit for wealth and asset management. All I hear from higher ups is to not leave before manager because I’ll end up making less or I’ll be behind in my career, etc. Am I being served some strong kool aid? Hoping someone has been in a similar situation and successfully left.

like

Has anyone moved from B4 to a startup biotech? Position seems really interesting but overall seems risky. They’ve only had a Series A financing

like

What advisory positions in big four best translates from audit? I am interested in advisory but want to make sure I am capable of doing the position. Any advice on position that best translates from audit experience?

like

What kinds of roles do S1s usually jump to?

Why is PWC looking for so many people in Denver? It looks like they have 70+ new posting s in the past week alone. Just keeping lines in water or what?

like
like

Anybody ever regret moving from B4 to a start up? Just because there’s so many less perks (lots of PTO, fun events, etc)?

like

is it too much to ask someone you cold called through linkedin and chatted to refer you?

like

What are typical exit opportunities from financial reporting?

like

2.5 years of experience at a mid-tier and licensed CPA. Pretty done with public accounting and thinking of switching over to coding. Anyone have thoughts or tips?

like

I’m an accounting advisory M2 in Los Angeles and hoping to find a position around $150k in industry. However a recruiter said that’s too high and I should be looking more around $130-140k, I can’t tell though if she’s being honest or just hoping I’ll take a smaller salary so that she can get an easier commission. Thoughts?

like

I’m a tax senior in big 4. Which role in the industry has a better career trajectory in terms of growth and pay: senior accountant or senior tax accountant? I do a lot of tax provision and starting to find tax interesting but I’m not having a lot of luck finding openings for in house tax roles.

like

I've decided to leave public for an Accounting Manager position in private. What are the different types of companies to consider and the pros/cons? What are the best ways to get the position? I'm leaning toward GL accounting at a publicly-traded company. My background is 3.5 years audit and 2.5 years technical accounting advisory.

like

Has anyone just taken a break from work without anything lined up? Every offer I’ve gotten wants me to start in a month and with 2 weeks notice that leaves me only 2 weeks to recharge. For my mental health I really think I need an extended break (like 3 months). I have about 60k liquid to sustain myself and pay about $1500 a month in rent.

like

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

Scan your QR code to download
Fishbowl app on your mobile

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