Hi guys
Background - Big 4 Audit followed by close to 3 years in Strategic Finance Analyst role in leading corporate. Currently on 60k PS and most likely going to get bumped to 65k in Dec but high chance to 70k & promotion to Manager role.
Exploring Corporate Development opportunities. Have had interviews for multiple manager / analyst roles at 70-75k however despite positive feedback miss out to ppl with T/S or traditional banking background.
Some roles that recruiters have approached me with from SMEs / several hundred m turnover companies are on 55-60k. Is it worth taking such a side ways / back wards step salary wise? I really want the move but i'm getting loads of opportunities for traditional FP&A manager / FC roles at 75k +....assuming i take one of these 55-60k roles im wondering whether after 1-2 years i'd still be getting the same 75k roles meaning id have missed out on maybe ~30-40k PS pre tax salary (assuming that if i moved to a 75k FP&A role id be on track for an 85k one by 2020)
What would you do in my situation? Many of these FP&A/FC type roles are heavily involved in the DD / Integration / Carve out process which could be used as a stepping stone to a more traditional transactional involvement later on i'd assume.
I imagine that part of the issue is that some of these roles are aimed at Analyst 1/2 type people who are probably on 50-60k base & 100% bonus in banking and are happy to be on 60k & 10-15% bonus for lower hours in their 3rd year out of uni...but for someone 6 years out it seems to make less sense imo?
Many thanks for any advice
Regards
Somewhat similar background, you should aim for 40% bump after exiting the big4. This is the standard package ex-big fours get in my circle of friends.
Deleted
Not to steal the thread but what kind of work have you been doing in strategic finance? Maybe a question for someone else, but also curious if FP&A -> Corp Dev is easier/more common in the UK than in the states, sounds like you've been getting interviews but not able to secure an offer
Voluptas aut sapiente est quae dolore tempora. Eveniet eos pariatur ut non.
Nisi non molestiae similique et sint. Provident quo eos qui error nostrum ea. Voluptate est officiis ex eos placeat. Aut possimus nam dolor saepe reprehenderit quis architecto. Quasi ut autem exercitationem est totam necessitatibus.
Quis voluptas eius nobis veritatis officia aut esse. Quaerat reprehenderit quibusdam quia. Nesciunt quasi quam ea. Eaque distinctio veritatis nam reprehenderit voluptas possimus qui.
Qui voluptates natus reiciendis et voluptas numquam quisquam. Et debitis minus cum dolores et sed deserunt. Aut qui deserunt odit labore cum. Perferendis corrupti consequatur quo quisquam tenetur repellendus labore porro.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...