Is it possible to go from a tax focused role to a more financial one and eventually be in C-Suite positions? Or would you need an entire career change for that? Currently an experienced tax manager and wondering what positions would lead to the highest earning potential (and prestige) down the road. Any thoughts are appreciated. Thanks!

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Absolutely possible. Probably difficult to go from B4 tax to industry finance though because no experience (unless it’s an entry position). But, you could join an industry tax department at a Company that lets you move around, then hop over to finance or whatever. I’ve found after you are at a Company, credentials mean less and whether you can actually do the job means a lot more.

You could probably also stay in tax and if you are really good and express your interest, probably could rotate different finance departments to be groomed for a CFO type position. This option probably needs a bit of luck and the right bosses though.

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Thanks for the insight!

A couple of folks that I used to work with left HNWI tax to work for VC firms about 8 years ago. They are CFO and CCO of their respective VCs.

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I see! But wouldn't companies look for someone who has experience from previous work experience?

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