6 Comments
 

Based on the most helpful WSO content, here are some insights related to finance, FP&A, and corporate development roles:

  1. Corporate Development Roles:

    • Teams often consist of former bankers, with some coming from FP&A at large companies or PE firms abroad.
    • Strong Excel and PowerPoint skills are crucial.
    • Familiarity with platforms like Bloomberg and Capital IQ can be beneficial.
  2. FP&A and Corporate Strategy/Development:

    • At junior levels, tasks include updating PowerPoint presentations, managing data rooms, and editing financial models.
    • Senior roles are more impactful, often leading to high-level finance positions or CFO roles at smaller companies.
    • FP&A roles focus on budgeting, forecasting, and process improvement.
  3. Transitioning Between Roles:

    • Moving from FP&A to corporate development or strategy is possible, with each role offering unique challenges and opportunities.
    • Corporate strategy roles may provide broader opportunities in marketing, product, and sales compared to corporate development, which tends to stay within finance.
  4. General Observations:

    • Corporate development roles can be less repetitive than FP&A roles, with each transaction being different.
    • It may take 2-3 years to add significant value in corporate development roles.

If you need more specific information about Lumen Technologies, it might be helpful to reach out to current or former employees on professional networking platforms or forums.

Sources: Anyone do both FP&A and Corp Strat or Dev?, Anyone actually like their corporate development job? (Post -IB), Q&A: F500 Director of FP&A, Corporate Finance Q&A with accountingbyday, BJM85, STorIB, and djfiii, Corporate Development: My Experiences and Background

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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