What’s fp&a like? Do you like it? What’s the work life balance life?

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The routine stuff (forecasts, budgets) can get old. The ad-hoc work (strategic support - M&A, opening new location, analyze best suppliers, new product release, effectiveness of marketing campaign, etc) is pretty cool.

Overall I like it. Hoping to go more into a role that focuses only on the strategic side, but that's hard to get because the skillset overlaps a lot and it doesn't always make sense to separate FP&A and strategic finance. Plus they prefer ex-finance people like IB, not accountants.

WLB just depends. Mine is solid (40 hours, maybe 45 if busy). Interviewed at places where they worked 50+ hours. Prefer this over accounting any day.

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This is super helpful. What experience did you have to land your FP&A role? I’m afraid it might be hard to transition into FP&A without having to start at a very junior role after 7 years of audit experience. Thoughts?

In general, WLB should be good. I worked a lot during AOP time (the last two months), and I was putting in 60-70 hours. Some of this is voluntary (I like going above the normal), but most of it was required. I’ve heard this is very unusual. For non-quarter month-end, I may work 45 hours. Quarter-end is more like 50-55 hours for the 3+9 (March) forecast and 9+3 (September) forecast and 60-6 hours for the 6+6 (June) forecast.

Similar to what KPMG 1 said, I find the budget/forecast/month reporting stuff somewhat boring. However, I do enjoy the business partnering. That’s one of my favorite aspects - working with operation leaders. I also enjoy coming in and improving our reporting. The more you can turn the job into an internal consultant position the better.

I would 100% take this over an industry accounting job. I’ll be the first to say this is management accounting, not “high finance,” but it’s much better than my life revolving around month-end, reconciliations, footnote writing, etc.

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If you do corporate FP&A you’re basically doing consolidations and the hours are way less. I probably work like 2-3 hours a day fixing up templates or pulling some data from the system to put together in a spreadsheet for basic analysis. I’m getting paid like $105k as an SFA. Downside is no career progression.

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