Forced into FP&A
I have about 13 yrs of WE.
I have been in an internal M&A role / Corp Dev for about 4 years now. I was considered a high performer. As a part of a recent reorg, I was forced to move into FP&A by my company's senior mgmt and since that happened I have been super pissed off. I hate the role (been doing it for 3 months) and find the ppl that I am working with to be incompetent.
Of course I am looking outside for new jobs, but at my level, I am not seeing a lot of opportunities. Had a couple of final rounds, but didn't get it.
It's not lost on me that shit happens to folks at different points in their carer and you gotta learn how to pivot / deal with it.
I am just wondering if this has happened to anyone else here and how did you deal with the situation?
Based on the most helpful WSO content, here's how you can approach your situation:
Channel Your Frustration Productively: Use the dissatisfaction with your current role as motivation to improve your skills and network. Even if you dislike FP&A, try to excel in it. This will maintain your reputation as a high performer and keep your "brand" strong, which is crucial for future opportunities.
Leverage Your Corp Dev Experience: Highlight your four years of internal M&A/Corp Dev experience in your job search. These roles are highly valued, and your background can make you a strong candidate for lateral moves or even a return to Corp Dev roles.
Expand Your Network: Actively network with professionals in your desired field. Reach out to former colleagues, alumni, or industry contacts. Networking is often the key to uncovering hidden opportunities, especially at senior levels.
Be Strategic About Job Applications: While opportunities may seem limited, focus on quality over quantity. Tailor your applications to roles that align with your skills and interests. Consider roles in adjacent fields like strategy, business development, or even private equity, where your Corp Dev experience could be an asset.
Stay Patient and Persistent: Career setbacks happen, but they can also be opportunities to reassess and pivot. If you're not seeing immediate results, consider taking a short break to recharge or focus on skill-building. Remember, persistence often pays off.
Assess Your Current Role Objectively: While you dislike FP&A, try to identify any transferable skills or experiences you can gain from this role. These could strengthen your resume and make you more competitive for future opportunities.
Consider a Broader Career Reset: If you're truly unhappy and opportunities in your current field are scarce, it might be worth exploring other industries or roles that align with your interests and long-term goals. This could involve pursuing an MBA or other advanced certifications to pivot effectively.
Remember, you're not alone in facing career challenges. Many professionals have successfully navigated similar situations by staying proactive, adaptable, and focused on their long-term goals.
Sources: When to jump - Advice on switching jobs, careers, and fields, Quitting IB in 2023 - Burnout, Q&A: Business Analysis at F500 Firm, Burned Out - Quitting w/o an offer?, https://www.wallstreetoasis.com/forum/private-equity/leave-pe-early-or-stick-it-out-2-years?customgpt=1
Sequi eos officia non autem quia laboriosam deleniti. Velit excepturi modi ipsa modi corporis. Et expedita unde mollitia molestiae ut.
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