Big Four Trans Services VS Corporate Development VS PE Leadership program: SE Asia
Wanted to get some insights on potential career move (Vietnam - SE Asia Region)
4YOE my career at a Big 4 Audit in London, got my letter then did a 1-Year MBA to escape accounting, did not get anything worthy out of MBA recruitment. Took the loss and now working remotely as a Finance Manager for a London PE, and decided to return to my country - Vietnam.
I currently have a few leads, most likely convert to offers in Vietnam and need some advise to decide.
Corp Dev:
- Internal Consultant at a subsidiary of a Japanese public (approx. $250m in revenues, and growing fast in 3-5 years). Company specialized in Healthcare and expanding quickly in the US with recent $100m deal.
- The role seems interesting with deals leadership from A to Z, and I had this hopes to move into PE or VC deals, or work in the US later on, but my concern is that I don't have much real deal experience in either TS or IB to convert later.
- Pay is around $2500-3000pm (is this a rip off?). The catch is they pay no bonus whatsoever, but I think might be good stepping stone for later lateral move.
Deloitte Transaction Services:
- Level is likely AM, Typical TS work i.e. performing FDD, auditing EBITDA + QoE and serving PE clients, corporates etc.
- I'm not super stoke about this one, since it would not really require MBA, and don't want to get back to the B4 meat grinder, especially in SEA.
- Pay is around $2000-2500pm kind of shitty but livable in Vietnam, unclear bonus. Vision is do it about 2-3 years and get Manager title.
#1 PE in Vietnam:
- Leadership program, essentially take ownership of strategic initiatives given by the PE to Portfolio Companies.
- Vision is to absorb everything and within 2-3 years join CEO/ Leadership pipeline of one of the Portfolio Companies, end game might transitioning to the PE itself as Director and/or get lucky with some equity and retire.
- Pay is ballpark $3000-4000pm, unclear bonus.
- Downside is they want 6 months internship/ probation to test things out, and I will be worked really hard (it's PE after all). Work probably heavily on Strategy/ Operations, not on deals/ investment.
TBH I'd be more interested on the exit of each of those, prioritising earning potentials down the line, not much worries about initial salary because I'd be able to live ok in Vietnam with any of these level.
The Corp Dev job is more money and will definitely give me a more well rounded experience of the M&A process vs the mainly Financial Due Diligence work in TS, which is just glorified Audit. The PE one seems to be most attractive, but the program is new and does not warrantee a FT role by the end of 6 months.
Any insights/recommendations would be greatly appreciate.
Don’t do B4.
Do the PE program if you aren’t worried about job stability. If you are worried, then I would consider the corp dev
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