Why is FP&A so popular? Looking for exit opps out of audit and I don’t want to do accounting anymore

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I assume it is because it's forward looking rather than backward like audit. You have more strategic view of accounting, rather than counting beans. And you get paid more.

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Thisssss! I worked as an accountant back before i joined consulting and that is by far one of the most boring jobs I ever did, always there to fix problems presented to you rather than be able to focus on helping prevent issues to begin with. FP&A is a great exit opportunity especially to those who like to do modeling also

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I'm also trying to get out of accounting. The FP&A team at my old job seemed pretty overworked and stressed too. They had decent turnover there so it makes me wonder if it's even any better.

likehelpful

Definitely depends on team and company. I rarely work over 40 hours a week if that most weeks and have had decent learning opportunities as well as career opportunities

It’s not that popular. It’s only glorified by auditors. Slightly more interesting than close but different set of leaders to please

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Additional Posts in Accounting Exit Opportunities

Tax Manager - what type of stuff can I exit to? I mostly has flow through entity experience and no income tax provision experience at a Top 15 firm. Been here 8 years and am a little nervous to even consider non public accounting because it’s all I know, but I want a less stressful work/life balance. Also I feel I’m overpaid and am afraid I’ll have to take a pay cut.

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Literally all of my LinkedIn connections are recruiters lmao

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What questions should you ask during a phone screening with a recruiter?

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UPDATE (RE: SoCal Assistant Controller Interview)

So after two weeks of waiting (and giving up on the idea of getting the job really), the recruiter got back to me.

They said due to month-end and quarter-end close they were busy and couldn’t get back to me as quickly for a “good update”.

The recruiter said the CFO enjoyed our call, she, the CFO, will call me next week directly to “discuss some final things”.

Not sure if Im hired or not, but are there any questions about the job, comp (cont.)

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What are the most boring jobs out there?

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Accounting advisory big4 or IA at F100. Both senior roles. Roughly same base pay.

Big4 has clear trajectory and interesting work.

F100 has 14% bonus, perm remote, and immediate vesting 401k over 7%.

What would you take?

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Anyone had good multiple offers and had one the hiring managers pressure you into taking the offer after asking for additional time to think about it?

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Currently a new S1 thinking about taking a FP&A role. Is going from Senior to Analyst not Senior analyst a bad move? Mediocre raise in salary (3k) but well known company with a flat structure

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What’s going on FB friends,

I am contemplating a move to industry working at a VC, Tax Director role east coast. Looks like it will be primarily overseeing compliance with some aspect of advising on structures etc. There is another tax reporting head above me.

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Any thoughts?

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What are some of the more common exit jobs that audit managers take?

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