WSO Elite Modeling Package

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Comments (12)

Jun 9, 2021 - 3:16am

Folks can correct me if I'm mistaken but I'd think the biggest issue is how the role would essentially be glorified financial reporting. You'd have scheduled dates that you'd need to provide senior management with forecast updates, and so the work would be mostly repeating the same stuff and collecting data that goes into the forecast.

Not a lot of detailed analysis and the work would be very process oriented (collecting data from divisions, and aggregating).

Jun 9, 2021 - 2:26pm

Correct, very boring and intellectually un stimulating. The pay is decent and can go higher and higher with various roles. The benefit is work life balance but these forecasts are very boring. It depends what you're looking for. FP&A is a good exit but just know what you're getting into

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Jun 11, 2021 - 10:53am

The issue with 'FP&A' is that the type of work that people do in these roles across companies varies widely. It's not nearly as structured as what someone would do in banking. So, what happens is that expectations don't always align with reality, and unfortunately, you find yourself in a role that feels more like accounting or financial reporting when you were expecting a more analytical or strategic role. This is why it's really important to read in between the lines on the job description, ask a lot of questions during the interview process, and take note of the types of backgrounds that people have in the group. Don't be afraid to walk away from a job offer if you get a sense that it's not aligned with the type of work that you're interested in, even if it has the title you want. 

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