Audit to FP&A to REPE (Let's make it happen)

Good evening everyone, I’m hoping this post gains traction as I’m a newcomer to finance and WSO. With that said here’s a little background on myself for context: I’m a 31-year-old CPA with 5 years of public accounting audit experience in New York City (2.5 years at Big 4, 2.5 years at midsize) specializing in public and private real estate clients. I worked in internal audit prior to my PA experience but they're not really relevant to this post. Aside from managing the audit cycle (planning, execution/financial reporting, conclusion) I worked extensively with real estate valuation procedures (i.e., auditing DCF models and purchase price allocations on new RE acquisitions, testing capital additions, recalculating depreciation expense, and researching recent sales of comparable assets) and analytical procedures/budget-to-actual variance analyses. I was scheduled to be promoted to audit manager at Big 4 this fall but I decided to transition to FP&A and accepted a finance manager position at a F500 company. The F500 company does not operate in the real estate industry.

My plan has always been to pivot from B4 audit to finance. I figured the finance manager position would expose me to operational accounting, variance/budget-to-actual analyses, and forecasting procedures that would be desirable to folks in REPE. Though the F500 I joined isn’t specialized in RE, I have 5 years of experience in the RE industry from my audit days. Ultimately, I want to get back into real estate but as an acquisition analyst/associate. I’ll talk your ear off about RE valuation and the RE industry since I worked in the industry for 5 years but what I lack is RE modeling experience. The way I see it, I can spend the next 1-3 years developing the modeling skills necessary to break into REPE as an acquisition associate. I’m not willing to pay $200k for an MBA out of pocket. I’m willing to take the CFA but I think I’m better off focusing on modeling and networking until someone takes notice that I belong in the industry. Will networking aggressively and self-studying modeling be enough? If not, what would you recommend? If so, which modeling courses do you recommend / should I focus on? What would be the most effective ways of networking and getting connected with REPE folks? Would these REPE folks still be interested in hiring a (potentially) 35 year-old as an analyst or willing to take a risk and offer me an associate position without banking or PE experience? Am I better off using my accounting and corporate finance experience to get myself on track to become CFO (somewhere)? Lots of questions and open to discuss. I would appreciate all advice, insight, criticism, and brutal honesty from the community. Thanks.

1 Comments
 

Aut et rerum sed excepturi eligendi iure ipsa. Quibusdam tempore dolore unde maiores quod nisi. Aut veniam molestiae minima ut. Cupiditate excepturi eveniet omnis rerum quidem repellat.

Sed molestiae aliquid totam repudiandae sit repellat. Doloribus magni sit quis culpa blanditiis eligendi optio.

Veniam fugiat quas nulla expedita ex libero ad non. Laudantium minus ut commodi dolorem nesciunt velit quae. Autem hic provident iste quisquam voluptas id ad eligendi. Et error consequuntur voluptates illo numquam iure quibusdam.

Voluptas molestiae officia voluptas veniam ut ducimus. Maxime eaque mollitia dolorem. Reprehenderit placeat ipsa unde natus eos.

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

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”