From a boutique to a small high growth company
I currently work at a small boutique, but have been looking for a more "career" oriented place that I could potentially stay long term. I got an offer for a financial analyst role within a small company that currently makes about $30M in revenues, and has grown over 40% the past three years due to an acquisition 3 years ago, and then organic growth since. The role reports to the c-level and has high potential for promotion, especially given that they don't really have a finance department. Currently, they just have the CFO and a GAAP controller. I also know that they plan on making one or two more strategic acquisitions.
My current role has a 55k base and I am getting around 35k+ bonus. They offered me 55k, which I feel is low considering I have a year of IB and the amount of work/responsibility that I would have. I would like to switch to this company, but I am highly considering countering for 70k and/or asking if there would be a performance bonus. Too high?
My reasoning is that I would be currently foregoing some bonus and I already make 55k.
Also, I would be in charge of all financial analysis for the whole company (3 divisions), and I feel like when compared to a similar fortune 1000 role, I would be making way more.
How should I play my cards?
Given what you said, they may not have any idea of what market rate is. It can't hurt to bring it up, but you'll need to do it in a way that doesn't make you look overly entitled.
Does the role come with any equity?
There is no equity, but they said there will be a bonus plan and benefits. I am inquiring about those details because I am hoping they issue options. I'm also going to mention that I will be foregoing quite a bit of bonus, and I am not trying to recover all of it, but it would be nice to not literally throwaway 35k and go to them at a 55k salary
Sounds like a great op, but the paycut kind of sucks.
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