At a small to mid-size firm are there different kinds of FAs, different responsibilities etc? At my firm the role is very broad from doing financings/debt, doing the development modeling, tracking the equity draws, reporting, presentations etc. I touch upon most of the food groups(leasing, debt, finance, development), except specifically acquisitions, unless debt financing comes into play.
Are most people on this board doing similar things, or is it mostly a corporate role? What is everyone's work/life balance and what do you consider the exit opps. As I don't love accounting and don't have the background to be a CFO in the future, my rise can stop there, but on this path does that mean VP of finance is my end role? Could I lateral into acquisitions or development? OR, since I'm technically at the exit opp, what role could I easily lateral myself into...not that I'm looking to move.
I'm a Financial Analyst at a boutique (fancier word for small) investment shop and do a lot of what you've described above, however, my job is tailored a little more towards acquisitions. Thats...
Work life balance is fair... 60-65 hour weeks on average with minimal weekend work.
I feel like I'm pretty well situated in terms of exit opportunities. From here, you either get promoted or lateral. The buy-side is the goal, so, I really don't see myself stepping back from it. My tentative goal is to work my way towards a Development Management type role.
So you enjoy meeting with all the subs, and picking out tile, ephus, etc? While I find that type of knowledge very interesting, I would prefer to work more on the relationship.capital side of the business and at least know enough development to go out on my own small-time company.
Is there anyone senior in your company whom you report to, I would be curious to know what their job is, and title. What does your heirarchy look like.
Also, I'm sure you ran the numbers before taking the job, do you know what the salary numbers are for this positions, base and bonus. As well as what kind of pay bumps there are for year-to-year
I think my skill set is better suited for a DM type role. I'm a finance undergrad and enjoy that side of the business, but, I'd like to end up as close to the brick and mortar as I can. I've learned that I'm over-the-top detailed oriented, especially around design and aesthetic, and need to find something where that type of attribute ends up being productive... It's pretty difficult to go direct from undergrad to this sort of position. Usually a graduate degree in between.
We're a fairly small shop in a like market. The organization, as a whole, is pretty flat. I report directly to the partnership. They're focus is centered more around sourcing and capitalizing acquisitions.
On pay... 100% market specific. There are threads here that do a good job at answering this.
appreciate your insight, I'm the exact opposite of a detail oriented person, now don't get me wrong I've trained myself to do the job but it's the part I hate.
I definitely don't want to ask you what YOUR comp is, but I think the role of FA is different in comp or structure than most analyst/associate/vp roles. I have checked the forum, and could find much. Would you say that the comp should be on par with a development analyst/associate or asset management? Im not sure what to peg it to.
Minima ut dolor in omnis. Incidunt et voluptatem veniam quia excepturi. Qui tempore nobis doloribus officia.
Praesentium non est consequatur quod provident corrupti porro. Saepe asperiores voluptas minus ut tempora. Pariatur culpa asperiores officiis voluptatum assumenda.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...