I’m currently an SC and my long-term vision is to become a CFO for a middle sized company. What do you think is the best approach: Becoming an expert in 1-2 finance topics while in Consulting vs try to cover as many finance topics as possible while in consulting vs. exiting into an Finance role in industry asap to get hands-on experience?

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

Do you have experience in FP&A, treasury, accounting? Have you built a budget, forecast, or have done variance analysis? Do you have working experience in Hyperion, Anaplan, Business Objects, Chart of Accounts?

I did about 3 years in corp finance and 3 in consulting. If your goal is to be a CFO, I think your time is much better spent in corp finance than it is in consulting. Make sure you want it tho … I found the hours to be long, work not always very glamorous, and pay can be lesser until you make it to the executive levels

likesmart

Is SC at D the same as M at EY?

If so, OP you should target Finance Manager jobs at bigger companies and probably Sr. Manager/Director roles at more startup companies.

I would highly encourage you to pivot into FP&A if you do want to pivot. Accounting can be learned with special projects or outside of work. At my roles, FP&A always seemed to get more executive exposure and climb the ranks faster

What would be the 1-2 finance topics?

like

Enterprise Performance Management and Finance Operating Model Design

Probably easier to specialize in an industry and work it from there. I would use your time in consulting to see various different companies and how they operate to get a solid perspective of what works and why.

like

What kind of consulting do you do?
Idk any strategy or management consultant who would be qualified to be a CFO.

like

^ yes and no.

I started in audit and know accounting very well but much of that is now taken over by the CAO role. CFO is more financial decision making not knowing the nitty gritty technical accounting and SEC stuff like it was in the past.

Many F500 CFO’s come from M&A backgrounds

like

FPA, Treasury, M&A, and P&L are all things I would try to get as much exposure to as possible. Consulting isn’t a bad spot to be to build that base but at some point you’re going to need to find an exit. My .02 is the first exist should be to a name brand, and use that weight to make your next move to mid size.

Easier said than done obviously but case and point is at google we had a few VPs leave to take C level roles, and have had directors leave to take VP/SVP level titles.

Also not sure it’s totally pertinent but an advanced degree, series 6/63 and CFA/CPA type certifications might be a way to boost your resume if and when that time comes.

Related Posts

How do you know it’s time to leave a job?

like

Anyone attended Coderpad interview in Capgemini ?
What and all it consists of ?

Role : Automation testing
YOE : 4.5 years

Please give a suggestion if you have attended.
TIA

like

Hello Folks,
Can anyone refer me for a QA Role in PWC or KPMG.

like

Hey guys I have offer from cisco system and checkpoint cyber security . Checkpoint is offering x+5 in base where as cisco is offering similar amount in joining bonus. Overall per year ctc is also differs by 3 lac (y+3) in checkpoint .

So considering recession and mass layoff which one will be right option to select in terms wlb, job security and future growth .

FYI : checkpoint is starting r&d division in India I will be first person to be hired for the same role.

like

Need help on how I transition my career from Audit to Management Consultancy. I have only completed BCom and ACCA (UK Chartered Accountant) and have worked for over 2 years at EY.

like

Thoughts on moving from med tech to manufacturing? I moved from in-house tech to in-house med tech a couple years ago. Now, given the poor WLB, I am considering making the move out of tech, despite it being an exponentially growing industry. With all the changes in privacy laws re: marketing/advertising, I believe manufacturing would still offer good privacy experience. Thoughts?

like

I have been on a planned personal sabbatical this year pursuing personal interests. Now I’m ready to go back to work. I will have next week the second interview with an exec recruiter for a company for a Director level position reporting to the COO of the company. In addition to having relevant experience and accomplishments handy, I would appreciate any pointers for having a good interview at this level.

like

Can someone please suggest me a good course on Salesforce?

I am a starter and have zero knowledge about Salesforce

like

Hello Fishes, I am on my notice period with 20 days remaining. Having Total YOE as 6 years in Insurance Broking and claims. Looking for opportunities in operations (Back office, Middle office and front office). Please let me know if any openings available for me. Also ex cognizant employee.

Any idea how to prepare for the interview of Data Analyst role in Infosys?
Is theoretical knowledge enough?

like
like

2yrs of post-undergrad experience at D and have offers from two FAANG companies. Worth it to stick it out for a couple more years to open up more offers down the road, or should I get out while I can?

like

How to find international exit ops?

like

Any position open for M. Pharm graduates?

like
like

Would any biglaw recruiters/HR be willing to give advice on a resume/CV? Undergrad senior looking for an entry paralegal role at an NYC biglaw firm, I would really appreciate any insight. Thanks!

like

How is Ambit project in FIS for .Net developer ?

YOE - 7 year

Would it be a good learning project or not ?

Is google hiring for any IT Audit positions? If so, can someone refer me? My current position: I am Exp. Associate and am currently in acting senior role. I have been with PwC for about 3 years now.

like

Hi fishes,
I was selected for a l3 role via IJP in the 1st week of may and the hiring manager informed me via email that i had been selected for the role and requested confirmation to proceed with offer letter generation. I didn't hear anything from HM after that. When can I expect to receive an internal offer letter? Should I contact HM to know about the status ? Please provide some insights. TIA :)

like

More Posts

Lady 🐠 looking for hair salon recommendation in Reston/Centreville/Manassas area - bonus if they can cut bangs well as I’m trying to grow mine out! TIA

Anyone have a ballpark range on dataiku price per seat or however they price? It looks like an interesting product.

like

What’s been your most impressive/successful salary negotiation when you’ve received an offer? Did you manage to get way more PTO or other perks?

like

I’m trying to get my parents into adopting healthier eating habits but nothing is really sticking. Do you have any recommendations or like books I can give them to teach them what’s actually good to eat vs. falling for good marketing/ fads?

like

Any insight on the growth opportunities, learning, work in data science in the Applied Intelligence India team?

like

Hello Everyone..Anyone who knows about the Salary range of Manager L2 in PWC AC Blore under Business Acumen team?

like

My LWD is 2nd July 2022 and I got offer letter from TCS in March. Can anyone let me know when will I get the joining letter from TCS?

like

Hi Fishes,

Can anyone please give a genuine insight into the frontend developer interview process for experienced candidates in
Apple?

Do everyone irrespective of their experience needs to prepare for DSA? Or they just want the frontend developer to be proficient in HTML, CSS and JS just like they mention in JD. And also do they consider people from Tier 3 colleges?

like

Hi all!
Would love some insight on how you went from an HR assistant/coordinator to an HR Generalist. I’ve been in the HR world for 8 years, and only in the last 2-3 have I really done real HR work. The first company I was at didn’t have a solid HR team so I don’t really count that. I feel like I’m ready to take on more responsibility and learn more. And of course make more money.

I have looked into getting SHRM certification. But should I go back to school and get my masters in Hr?

like

Anyone else here have terrible utilization because their deals die and a code never opens? /can’t find another code to book hours? I’m sitting on over 200 billable hours at this point

like

Can anyone tell me what areas along purple line metro are the best to live in? My new workplace is near cubbon park and i have no idea about central Bangalore, or it even is central. I was thinking to get there using the metro line.

If someone can tell me some options that will be great.

like

Underrated tech companies to work for? E.g. not FAANG.

like

Free my boy!

Post Photo
likefunny

When is it confirmed that an MD is going to the partner panel in FY23? I have been promised that I will go to the panel but when will be it officially confirmed? I am in Strategy if it matters.

like

Accenture strategy C2 pay?

like

How advanced in SQL are users here? I feel like I’ve “plateaued” and am worried about not developing further in SQL skills.

like

What's your advice for someone wanting to go abroad? Should i approach CCO's and ECD via LinkedIn or should i use a recruiter?

like

Recs for golf lessons? Once things are open of course.

like

Additional Posts in Consulting

Anyone have good book recommendations that I can learn from and are entertaining? Trying to survive a 10 hour flight this weekend 🆘🆘🆘

like

Anyone have CFP Prep books they don’t not need anymore?

likesmart

Told a friend of mine in tech I was considering moving to BCG. He asked me if I would have to move to Boston.

I followed up by asking what he thought the top consulting firms were. "I'd guess PwC and then McKinsey are the best. I've also heard of KPMG, Deloitte, and Bain, but I don't know much about them."

Just a reminder that outside our bubble no-one really cares about firm prestige etc.

likefunnyupliftingsmarthelpful

Thoughts on EW MBA from Booth/Kellogg/Haas. Currently SC at Deloitte and want to transition to tier 1 consulting firms

like

When you hear that staff 1s we're just laid off... 😳

like

Is it normal to switch firms early in your career?

likefunny

Taking my first flight tomorrow since covid hit, I’m super nervous even though I’ve flown all my life!

likefunny

Hello! I’m going to BSchool in August. Any recommendations on books / websites / videos to be more prepared for management consulting interviews?

Houston downtown JW vs Westin.. Thoughts?

like

What is the best way to inherit a $2M house? Trying to minimize taxes and the equity isn’t needed for the parents.

like

Consultants who’ve switched to tech firms in mid career (~7 yoe): what are your roles now, what was your consulting expertise, how did u pivot? Yes I’m googling too, this is part of my research. Thx!!

like

Anyone with experience negotiating Big 4 consulting salary? Curious how flexible they are with the pay scales.

like

This is going to be a stupid question but I’ll ask anyway. Receiving 10k as a gift, Any tips on investing for short term growth.

funny

Stay at big D or move back to my village back home in Pakistan?

funnylike

What does corporate/business development pay look like in big pharma?

like

Anyone looking to sell any Marriot points??

like

Recently received feedback that I’m too “transactional”. I take on my tasks, get them done, and take on new ones without ever enjoying the “little things”. Basically I’m a machine but don’t show enough emotion. Can anyone relate and/or coach me how to resolve this?

likefunny

What’s the job prospects like for ESG/sustainability consulting (ex job stability of the industry)? And how impactful is the work being done?

like

Anyone in YPO? I imagine I’m not going to get many who say it’s “not worth it” but what makes it better than EO or any other org?

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