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Is leaving for a Director level position in the industry a step backwards if an audit senior manager? Fortune 500 company and right under the controller.

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Personally I think that sounds at least lateral

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IMO it’s the logical next step and exit op for a senior manager in PA

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I’m confused how any SM to director move could ever be looked at as a step down?

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A lot of companies will give title without responsibility to get people to accept offers. If you’re cool with that then I agree. But it’s all about the role and long term plan for each person. Sounds like for OP this is a good opportunity. I have a client that gives out director titles like candy. They don’t have any team under them and are essentially senior accountants. Hard pass.

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Depending on what positions are above controller for this specific company it could be a step backwards.

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It doesn’t sound like a step backwards. I know 6-7 year SMs leave for SM positions in industry. Also title doesn’t matter as much as what you actually do. I’ve been offered a Director position but had no one below me so I would be directing myself lol, vs now I actually have a team without being a director.

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Are you getting paid more? Do you get to have a life? That’s more important than title imo

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About a $75k pay bump and CFO is right above Controller. 10+ people reporting to Director. CFO makes $3M+ with stock comp. Better work life balance than current position in public.

That sounds pretty great to me haha.

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