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"media_type": "text",
"post_content": "I’m in accounting department and I want to pivot to FP&A as I enjoy analysis but don’t like the operational acctg like day to day activities which are mundane to me. How to pivot to FP&A when I am lacking the experience? On my spare time, I like to analyze stock based on the fundamental and follow earnings etc.",
"post_id": "6153f55f7874f900216521c1",
"reply_count": 3,
"vote_count": 2,
"bowl_id": "59eff9a569d52d00113392cc",
"bowl_name": "Accounting Exit Opportunities",
"feed_type": "bowl"
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Mentor
Have you looked into an internal transfer? Someone on my team is from the accounting team. I would network with FP&A. Once there's an opening, they'll remember you and bring you in. That'll be the easiest way. If that's not an option, you'll obviously need to look externally. When I was in B4 trying to break into FP&A, I worked on financial modeling and visualization tools in my spare time. Lots of excel, Hyperion/Essbase, Tableau, etc. Having CPA is helpful too, as it puts you a step above those without it (not saying you need CPA to do the job, just that people see you as more competent).
Mentor
CFA is a multi-year commitment (3 parts with low pass rates) and isn't the main gateway to finance exit ops. There's a post somewhere in the accounting bowl recently where people who have CPA and CFA (or CFA candidates) explain that CFA isn't giving them the finance exit ops they want. A bigger value of the CFA is the material you learn from it, not the certification itself. I considered the CFA a while back (after passing CPA) but after looking into it, it's really only useful for fields like portfolio mgmt. Even bankers don't see a need for it. If I were you, I would focus that time on networking with your current company's FP&A department. Best case, you'll have a chance to transfer. Worst case, you learn more about what FP&A does and use that knowledge in future interviews. Consider a CPA and/or MBA. Outside of those, look for modeling trainings online. LinkedIn learning, YouTube, a couple free courses through CFI (full course is a rip-off for $500, wouldn't recommend). There may be others on coursera or udemy. And the big ones like BIWS, but that one is probably overkill.