I just scored an interview for a full-time entry level position in the TAS group of a Big 4 accounting firm (valuation group). This was sort of a back up plan and I've spent the last 4 years of college gunning for ER. Anyone know what I can expect to be asked by HR during the initial phone interview? Basic HR cookie cutter questions like strengths/weaknesses type BS?
Also if anyone knows of any forums like this one but for Big 4 accounting stuff, that'd be awesome.
almost all behavioral.
Went through an internship invitre in one of these groups. Basically all behavioral with a focus on why TAS specifically versus audit or tax. You may or may not have techncials that would all depend on your Senior Associate/Managers if you get an inperson interview, but mine weren't hard at all (i.e. what is wacc, what valuation methods do you know) - very basic, not in detail.
Transaction services interview (Originally Posted: 11/14/2013)
Hi guys. Looking for advice on TS department interview... There is supposed to be a "case study test". What type of ratios and concepts should I review before this test? I have never done one of these before.... so any advice on preparation would be great. Thanks monkeys.
I have had to do two different case studies for TS jobs at two different big4s. During the first one they gave me a 30 page document describing a company and its financials and they asked me to pick out major financial and operational red flags and then present them to two partners and a senior manager as if it was a meeting with a buyer. I had one hour to read the document and then 15 min to present.
During the other case study, the interviewer gave me a 50 page information memorandum on a company in the industry I was going to focus on and asked me to identify red flags and recommendations on how to protect a potential buyer from them and high level analysis of historical and forecast earnings. Again, present my findings to a group of people. I had 30 min to read the IM and 30 min to present findings and answer questions.
TAS Interview (Originally Posted: 01/03/2009)
I have a transaction support (part of TAS) interview at EY pretty soon and would like to know what kind of questions they ask.
Do they ask mostly fit or are there some technicals that I should know of?
They only asked me fit/behavioral questions. No technical stuff.
Transaction services interview (Originally Posted: 11/14/2013)
Hi guys. Looking for advice on TS department interview... There is supposed to be a "case study test". What type of ratios and concepts should I review before this test? I have never done one of these before.... so any advice on preparation would be great. Thanks monkeys.
Transaction banking interviews (Originally Posted: 09/06/2012)
Anyone with any experiences to share from transaction banking interviews? For example at Standard Chartered/DB/Citi.
I really have no idea about the technical questions that might come up. Any help appreciated!
If it's entry level then I can't see it being overly technical. Know how how about the working capital cycle/accounting behind it. For a trade finance group you should have some idea how letters of credit work. If the team focuses on supply chain finance or structured trade finance you should try to have a basic understanding what those products mean so you don't look completely clueless.
thanks.
Second Round Phone Interview with EY Real Estate TAS (Originally Posted: 10/08/2014)
Hey everyone! Last week I had an interview with EY, and it went well, so tomorrow I have a phone interview with them. I asked what kind of questions I'd be asked, and they told me behavioral and technical questions. Does anyone know what kind of technical questions I should be prepared to answer?
Staff level position? basic RE concepts, cap/discount rates, lease terms, valuation methodology, show interest in RE.
TAS Interview (Originally Posted: 01/03/2009)
I have a transaction support (part of TAS) interview at EY pretty soon and would like to know what kind of questions they ask.
Do they ask mostly fit or are there some technicals that I should know of?
E&Y TAS Interview Help! (Originally Posted: 05/14/2013)
I have an interview next week for a Transaction Services Advisory - M&A Support position at E&Y. I have been in audit for the last 3 years at another Big4 Firm. What should I expect in this office interview. Apparently, it will be 2 different interviews, both 2 hours.
Best advise I can give you: Don't do it. I have a buddy that is at that group at E&Y and it's post-transaction, goodwill accounting type work. It's not really "M&A" experience if it's already happened.
It's due diligence. It is M&A related and certainly better than audit.
"Better" is relative. The hours are much shittier (sure, there's no "busy" season, but hours are 60-70ish) and the comp is only marginally higher. If you do join the TS / TAS group at a Big 4, the best thing to do is make banking contacts for the deals you've worked on and jump ship as soon as you can. Only my 2c
Uh, do you know people in Audit? Hours are about the same, both worse than Tax, but pay is better.
TAS makes more buy side contacts than banking contacts (who do you think hires TAS groups?). I know multiple guys that jumped from TAS to MM PE. Some struggled to stay, others are Principals and VPs.
It's more common to start out in the internal diligence side for PE, but the transition to the deal team is certainly possible and comp is far superior.
if you can get this position, take it and run!!! TAS/TS is wayyy better than audit, yes the hours are worse for only marginally better pay, but 1) the work is more interesting 2) better exit opps. i agree with the poster above tho, use this as a stepping stone to get to where you really want to be.
I realize that this position one not be like a banking position or a position at a PE shop, but it has to be better than audit and exit opps have to be better.
Does anyone know what to expect for the interview? Will it mostly be fit/behavioral questions or will there be technical questions as well? Thanks in advance for any insight.
Interview is on Monday. Any advice or tips or what the interview will be like?
I interviewed last year for another Big 4's TAS Due Diligence group. It was all behavioral about why I wanted to do TAS, what was it they actually did, etc.
BIG 4 TAS - Questions (Originally Posted: 05/28/2016)
Hi guys,
This topic has been discussed ad nauseam on the boards, but looking for some up to date info for an upcoming interview.
The role is in Valuations/Modeling at one of the BIG4 in London, found some decent posts which I will quote below.
The questions I have are -
1) What should I expect from a case study/presentation that I need to do in the interview? 2) How technical will the questions get? (No experience in valuation - Mostly basic DCF/Valuations Q's? 3) How likely is an exit in to IB/PE/Corp Dev? 4) How does BIG4 place in LBS/Insead/Oxford MBAs? 5) Best materials to prepare? Will BIWS or WSO guides be enough? 6) How would you structure a question on why valuation over IB?
Kind regards, V
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