Hi. This is a rising senior who at a top 25 college with a 3.3 GPA (yea very low..) I'll be interning at FP&A team for an IT company. Although I'll be doing FP&A, I have very big aspirations of doing more finane related tasks in financial institutions such as corporate bankings or Big 4 advisory. What are some options that I can go from this FP&A experience to Full Time job opportunities?
23 May 2020
I currently have 2 offers: FP&A (Financial Analyst) and Compliance (Data Analyst) I have a genuine interest in FP&A. I began my career in Equity Research but I absolutely hated having to cover multiple companies. However, I like thinking about an individual business and industry research. I also am knowledgeable in SQL and Python and although I have zero interest in Compliance, I do want the opportunity to work with SQL, Python and Tableau. I've invested a lot of time learning these skills and I don't want to lose them. Does anyone here happen to work in data driven compliance? What kind of
16 Mar 2021
Long time lurker here, hoping to tap into your collective wisdom. I'm specifically looking for guidance from those with specific experience in a similar situation, rather than speculation. I'm about to receive an offer for a VP Finance role at a ~$150M PE portfolio company. It's owned by a highly respected sponsor, they're about ~4 years into the investment, and are saying they expect to transact within 2 years (almost definitely more than a year, but less than 3). The role is open because the prior person left for a portco CFO gig. He was in the role for 2 years, and I don't think the role
23 Feb 2021
Hello Everyone, I recently got to offers for my next career move. One is a Sr Treasury Analyst position at North America HQ of a Global Fortune 100 company and the other one is internal promotion (French company, F500) . I am struggling making decision as both position has pros and cons. I am going to list them down below and hope to gain your insight. 1. FP&A Manager Pros: a. Promotion, looking good from career progression perspective and leading to more management type opportunities for my next move. b. I'll get more exposure to whole picture of one BU operations in US. Cons: a. zero pay
19 Jan 2021
Good afternoon and happy Friday. This is a first time post as I have been a long time stalker on this site since my freshman year of college. I am very grateful and credit everyone on WSO for being a major factor in developing a passion for finance. A little background about me. Graduated in May from a non-target with a good finance program. Internships included PE, research, and leasing/financing large asset company. Post-graduation I took some time off and in the fall I started as a Financial Analyst at a regional independent company of a major food and beverage company. The company is
12 Feb 2019
Hi fellow Monkeys! I am a non-target Latam university (yikes!) Sr. FPA analyst at a +$100m law firm in Florida looking for advice on next career moves. I am having a really hard time bumping to the FPA Manager position or moving to another corp fin role (obviously). A Sr VP from a mid size asset management firm for the which I am applying told me only 4 years of my 8 yrs work experience counted due to it being in Latam (hurt but truthful). So now i am looking for an Exec / Flex MBA, it has always been my dream on doing an MBA here in the USA and it would greatly help me in moving my career up
09 Dec 2020
Hi, I am a former auditor with my CPA. Like most of us, I got sick and tired of that after a few years and ran towards FP&A where I'm currently an analyst for a public company. In my few months here, the job is pretty mixed but way better than the auditing. I like that I get to do more strategic work and actually help make an impact compared to auditing where I would just find problems and let someone else fix them. I do not like how mundane some of the tasks can be. Things like budgeting can be cumbersome but some of the ad hoc work is very interesting. I've really liked corporate
18 Dec 2018
Hi all! I read WSO posts every so often but this is my first post. I would like other people' opinion regarding the future of finance profession. Firstly let me intorduce myself. I am based in Greece, I am 28 years old and I have bachelor in Business Administration and Master in Finance. I have worked for one year in audit, and 1,5 year in multinational corporation in Food Industry as accountant. My goal is a more finance-oriented job, a forward looking role and not accounting. I think that FP&A job roles would be nice for me. For that reason, I am exploring the idea of trying to get a
22 Nov 2020
Hey All - curious if people on this forum have any insight on what "Finance & Strategy" roles actually entail? This title seems increasingly prevalent at growing technology companies for younger professionals looking to join a finance team internally within a company after exiting from private equity and investment banking into a less demanding role. From my understanding, it seems like it's just FP&A since many of these companies that offer Finance & Strategy don't actually have FP&A teams, but any perspectives here would be much appreciated
20 Nov 2020
Hi there, I am a 3rd year consultant in big4 deal advisory in Central Asia. Now I have an opportunity to get an FPnA analyst role in a large private manufacturing company. The thing holding me in deal advisory is large privatization programs being planned by the government. What do you think is it worth to wait and participate in those privatization deals to get experience or it is just one-off and cannot be used after? Thanks!
20 Nov 2020
Let's use this thread to discuss roles that offer amazing work/life balance and limited stress (i.e. not FP&A, development, etc.). It doesn't even necessarily need to be finance-specific as there are dozens of little-known roles out there that someone with a finance or analytical mindset can do well. There are so many corporate roles out there, let's discuss some of the low key, yet still good, jobs and career paths.
27 Jan 2018
I am very interested in working in FP&A at a corporation, but it seems some companies don't clearly list a job as FP&A. For example, one job I found is "Project Controls Analyst", with such job functions as " Assist in the performance of the Cost Estimating and Pricing functions", and "Perform Request for Proposal (RFP) and Statement of Work (SOW) analysis, and compliance related to cost, schedule and proposal submittal." These aren't topics which have been directly covered in my MS Finance program, so I am unsure if these types of roles fall under the umbrella of FP&A, or if they're
20 Jan 2019
Hey monkeys - Past IB SA and REPE Intern here. Just made the move to a rotational program next year and wondering what to expect out of rotations within corp dev, fp&a, and treasury? Background: rotational program with one of Canada's largest companies (spans diversified, O&G, consumer products)..
14 Oct 2020
Hi, I am currently looking to exit Big 4 Audit and have the following two opportunities: Finance Manager at Top VC firm (in-charge for reviewing all accounting work prepared by out-sourced accountants. basically operations and reviewing work here along with work with auditor requests). Senior FP&A Analyst at mid-size private SaaS company (true FP&A role, no accounting involved). Which of the above roles would you go with when considering the following: pay, hours, exit opportunities? Thank you for any advice in advance!
27 Sep 2020
Anyone have experience in one or both that can chime in? Currently in FP&A now and it feels like a churn and a grind relatively often. Thinking treasury might be a more enjoyable next step with a still fairly decent career path. Thoughts?
14 Nov 2017
what types of roles are good/what should you shoot for if you are being honest with yourself and really only care for a middle-class lifestyle and value time >> money?
04 Jun 2017
I have about 5 years experience, I left big 4 audit as a senior and I'm now the FP&A manager at a small (~30-50M rev), fast growing company. I would love to move into corporate development, but I lack the M&A experience that will likely be a barrier to entry. It's not necessarily the M&A that interests me, it's the strategic/high impact finance element that I'm an drawn to. I do get a decent amount of exposure to strategic projects/initiatives, but I also spend some time with not as interesting things like annual budget, BvA that doesn't add value and is just QC. I expect this mix will
27 Sep 2017
I'm currently in FPA for a large tech company in silicon valley. Was approached by recruiting team from a PE firm (not a PE backed company, but the PE firm itself) nearby for a manager role in their growing FPA team. Im familiar with how FPA works in a publicly traded company, but what are some differences, nuances, or pain points unique to PE firms. (ie. what are the reporting requirements typically that PE management cares about). Im guessing their requirement are likely more different, but want to confirm. Anyone that can share experiences from FP&A at a PE firm would be helpful.
22 Aug 2020
Hey all, I feel as though there's the chance I'm underpaid in comparison to my peers. Thus, I would appreciate WSO's feedback on the matter. To summarize at a high level: High(est) COL Region 7 years total experience 5 years total "finance" experience: 3 years BB middle office ops (past), 2 years FP&A (current) Base Salary: $83K Bonus Target: 10-12% Title: Analyst (this might be the driving issue, my company has a very weird hierarchy where they rarely if ever higher direct from undergrads so there are people in their late 20's with prestigious MBA's at Analyst and Senior Analyst level)
25 Sep 2017
Hi all, I am a business analyst with three years of experience in SQL,EXCEL,R and python. I am applying for an MBA this fall for the batch starting next fall. My post Mba goal is to work in corporate finance in a FP&A role. I come from a quantitative heavy background of engineering and have a passion for working.in finance. I have acquired knowledge on accounting and corporate finance through online courses. I am also a regular investor on a personal level. Just wanted to know what can be done to transition in a corporate finance/ FP&A role ? Is Mba the way to go ? Thanks, Parantap
29 Jul 2020
So as the title says, I have two offers on the table which I need to decide between soon. Assuming all my other metrics are top-notch, which of the two jobs below likely offers me the smoother path into a top 10 MBA program (to be followed up with a job in MBB or internal Corp Strategy or Corp Development)? 1.) Title: Senior Financial Analyst - FP&A Company: Top Tech Firm based in Seattle Industry: Internet/Tech Area of business: Cloud based business topping market share with stunning growth rates anticipated by the street. role: likely more typical vanilla FP&A (forecasting without truly
29 Jun 2017
My background: I started my career in a well known tech company in a Central FP&A team supporting the group's CFO by helping him prep for Board meetings, quarterly earnings calls, strategy sessions, etc. A lot of fancy decks/presentations and high-level financial analysis. My favorite aspect of that role was the executive level communication and being able to tell the story of the business in the context of financial performance. After a couple years I realized I needed more in-depth experience with bottoms-up financial forecasting, financial management, and budget ownership, so I took an
30 Jun 2020
This was something I've been wondering about for a while and I don't think I've seen a related topic on this yet. Does anyone have experience with working for an outsourced CFO services firm? I see them used often for early stage companies and it seems pretty interesting. Sometimes they even end up just onboarding and becoming CFO of the company they're working with. I've even seen virtual CFO services so some of them let you work remotely! If anyone has context on breaking in this field, what the work is actually like, and exit ops I'd greatly appreciate.
12 Jul 2018
Hi All, I'm an ABL Risk Manager . I work in a mid sized bank at a back office so I do not have a sales goal. I feel grateful for the low stress, decent salary (100K + all in) but I feel pigeonholed and can't seem to get a lateral or even downgrade move. My concern has always been the lack of positions in ABL if I had to move or change companies during a downturn due to lay offs. ABL is a niche field and I feel stuck in it. I have tried and tried for FP&A because I assume its a better skillset that is more marketable compared to ABL. I cannot seem to get a senior analyst role in FP&A and have
09 Jul 2019
Hello all, current I work at a F250 manufacturing firm, and am technically in the accounting group but have recently been working on heavy analytics projects. (building applications in Qlikview, similar to Tableau) My ultimate goal is to network my way into the strategy group, currently my Business Unit has one strategy person, so going to have to play my cards right to eventually land the role. I have been curious recently about moving to another company just to move up to a senior analyst role, but it seems all of the roles available are more FP&A focused, whereas a lot of strategy/biz ops
24 Feb 2017
Just curious as to the typical salary range for each "level" in an organization within the FP&A function. At what point, bonus included or not, should you be approaching $100K annually? What, in your opinion, is fair market value? Thanks!
05 Jul 2016
Sometimes on specific projects the Head of a Product Line/Project will loop in a Finance Business Partner for some support but i've never hard much interaction with them. What are the main differences in your organization between these 2? With FP&A Managers presumably they then go on to become Senior Managers, Directors, VPs etc... What about FBP? Do they then go back to FP&A type roles? More Controller type positions? I've noticed that in job adverts FBP roles seem to pay slightly more. Any reason for this? Many thanks for responses.
13 Oct 2017
Let's say you're in college majoring in accounting. What internships/entry-level jobs/skills/credentials, etc. would you pursue to finally land a Sr. Financial Analyst (FP&A) role?
11 Mar 2016
Quick background: I worked in middle market investment banking as an analyst -> associate after a undergrad finance major (I have no MBA). After that, for a lifestyle change I moved to corp dev roles at public companies and sponsor backed companies. Due to an M&A slowdown at my current company, management said they are moving me up, but over to a sr. mgr corporate FP&A role supposedly with a path to director (to be defined). I am interested following this new career path for long-term stability and job opportunities... ...but here is my question to WSO: In FP&A related roles, like sr manager
20 Jun 2016
In order to make myself as indispensable as possible within the organization and more attractive for when i'm ready to make a move? we obviously have our busier times where there is absolutely no free time, but we also have instances where there is a lot of opportunity to improve processes or build skills. so, any advice?
02 Oct 2016
Are there typically roles that focus on managing the growth through financial analysis, dashboards, investor relations, fundraising, and similar strategic activities? I mainly see controller or CFO, and maybe outsourced book keeping in small companies, but wasn't sure if there was something I'm missing. That would be a pretty sweet gig I think, but I doubt the role would be completely essential for a person dedicated to that solely for a company with less 30/40 people. Anyone have experience with this?
01 Jun 2018
Big 4 senior here, and have been looking to make a transition into an fp&a role. I've gotten two offers so far, and looking for some opinions on which one to take. Comp is similar between them, so not as much of a factor. Offer 1) Financial Analyst role at a midsize (just over half a billion in revenue), would be doing forecasting/budgeting, customer profitability analysis, true fp&a responsibilities. Really like this job, but the company size and make up of the department makes me fear that there won't be room for growth. Would probably stay in this role for 2-4 years, then try to move on to
21 Nov 2016
I'm a Big 4 audit intern, just finishing up for the summer. Going into this, I was really pumped about my career prospects post-Big 4 (I know its kinda soon to be thinking of an exit strategy, but I'm playing the odds here). At my school, Big 4 audit is just about the best thing you can do, as we're a complete non-target for just about anything. My internship/FT offer was in a different part of the country (major metro). There are much more respectable target schools in this area for things like consulting, banking, etc. A lot of my fellow interns are either trying to switch to advisory (Man
09 Aug 2014
what i do on a fairly regular basis on a high level is manage budget and spend some specifics: approving purchase requisitions and tracking purchase orders monthly accruals and reconciliation against actuals in our accounting files re-forecasting budgeting for the upcoming year monthly reporting (open PO's, FTE's, etc.) some basic, ad-hoc stuff as it comes up does this sound about right? a lot of the job is extremely manual. inputting accruals and tracking the budget fully in an Excel spreadsheet. there isn't much "interesting" analysis as far as what types of initiatives would benefit the
02 Jul 2016
sick of the accruals, the reforecasts and the budgeting season what else is out there, that harnesses similar skills as FP&A or corporate finance but isn't tied to a cycle
06 Jul 2017
hey all - anyone here in (or have done a stint in) treasury? i am curious as to the day-to-day, potential for upward mobility and overall job satisfaction (stress, work/life, pay, etc.). i'm sure we have a handful of people here that have done it or have experience with it - so i look forward to your insight!
04 Jun 2017
Let's say you have a BS in MIS and work in a call center/help desk type role. You want to switch out of IT, get an MBA from a top 20 school, and work as a Financial Analyst or Sr. Financial Analyst (FP&A) at a F500. Is that possible?
29 Jul 2015
I posted over 2 years ago about a job opportunity I was considering and how it would impact my chances of getting into top MBA programs. Well, I ended up being offered the position nearly a year after that post (long story). Here's the previous post: http://www.wallstreetoasis.com/forums/start-up-positiongood-or-bad-for-mba-applications I'm curious what you guys think my chances are for a top program given my career progression: Graduated from Ohio State with majors in Finance and Accounting and a minor in Economics; GPA: 3.5 Woeked one year as an Analyst in a rotational program (corporate finance at a large retail bank) and then was promoted to Sr. Financial Analyst after I finished the program.
05 Feb 2015
And how do you like it? I have solid FP&A experience ranging through 3 totally different industries. I'm mostly likely not going to stay in the one I'm in. So what are you in and how do you like it?
13 Feb 2014
Fairly new certification. I think started in 2013. Any thoughts? Anyone heard of it? Is it worth it? I currently work in FP&A. I have about 3 years experience, but plan to stay in FP&A and hopefully move into a management role. Thinking this might help with increased knowledge and possible promotion in the future. Thoughts? Thanks!
26 Feb 2016
Hello Monkeys, I just landed a FP&A gig with a F10 company. My background is not in Finance nor Accounting, so I'd like to ask you guys what do you recommend I do before I start? Should I brush up on any skills or they'll give me everything (assume that's the norm)? Also, what is the normal path most people that go into FP&A take? Any skills that translate directly to other areas of Finance?
04 Jul 2015
Hey all, I am a rising junior at a target school 3.7 GPA hoping to get into FP&A after undergrad. I am currently doing a double major in Finance and MIS, however, I've been thinking about doing Finance/Accounting rather than Finance/MIS due to the nature of FP&A. Can any one with prior experience confirm if Finance/Accounting will be a better fit? Thanks.
26 Aug 2017
I'm going to be starting in Big 4 audit later this year, and already know that hardcore accounting, let alone auditing, is not the end game for me. I simply want the accounting bootcamp and name on my resume. Instead, I want to move into corporate FP&A, with plans to work up to Director/VP level, maybe even CFO if i'm lucky. My plan as of now is to do about 3-5 years of Big 4, study hard like a mofo for the GMAT, and apply to a decent b-school. I took the GMAT before for my Macc, and got a 680, so I figure I can reasonably get that same score, if not higher. I'm primarily looking at top 15-30 schools (think Emory, Indiana, Notre Dame).
24 Feb 2013
For the past seven years I've worked in FP&A but have come to realize that this isn't the career path for me. Rather, I have decided that I want to transition to M&A, whether it be in-house or with a bank. My question -- and I haven't been able to find much information on this -- is if such a transition can be made. And if so, what would be the most efficient way to do it? To give you some background on myself, I am 32 years old and have a finance degree. I have not been to grad school but would definitely consider an MBA if that's what would be required to make this transition. Any insight or
13 Jun 2014
Based on my entire time at uni and now with a few months under my belt working as a FA in an FP&A team, it's safe to say someone in finance that wants to transition to accounting is rare... I wanted to ask the forum... does my logic make sense? and am I justified? TBH, I'll preface by stating I'm not exactly clear what certain roles in accounting really involve. I have a lunch meeting lined up with someone on the accounting team to learn more but I'd love to get the forums opinion on this. So FP&A is great, the hours aren't too bad, exposure to leadership in the company is amazing
02 May 2015
I've been working at a Fortune 500 company now for almost six months. It's a successful, highly profitable, high-growth company with a very strong domestic and international brand. I like working there, I like telling people that I work there, and I'm proud of being a part of the success story of the company. There's just one problem: I'm in a back-office, operational department and the duties that I have are very specific (meaning I'm not sure if they could transfer anywhere else). I'm very interested in FP&A, so my plan is to work in my current role for two years and then try to transfer
22 Feb 2013
The title pretty much speaks for itself. Let's take the example of MS/GS. Where is their FP&A function? Is it the Controllers division? I am researching some companies, and they don't seem to have FP&A functions listed explicitly - they have Controllers, Audit, Tax and Treasury. So where does FP&A fall under those? Thanks.
24 Mar 2014
Hi all, I am trying to help figure out some information for a friend in a job he is interviewing for. It is essentially an "FP&A" role at a F500 company. However, this FP&A role doesn't work with any of the product or project lines, it just does FP&A for corporate functions like HR/IT department and the like. From looking at people's LinkedIn's, it seems to be heavy with journal entry, reconciliations, reporting consolidation, and variance analysis. I can't imagine any strategic forecasting work (or worthwhile variance analysis even) when you're essentially just planning for an overhead
15 Dec 2015
How important is the CPA designation for roles in FP&A at a F500? Currently staffed at a major retail client (think Gap/Levi's/Abercrombie) and am truly interested in working in FP&A. I feel that the FP&A track is well designed to one day position me for C-Level roles at a F500. Obviously my head is in the skys, but the Consulting --> Senior Financial Analyst --> FP&A Analyst --> FP&A Associate --> MBA? --> VP FP&A/Corp Controller? --> Director of FP&A/CFO seems feasible. I like the nature of the work, and from what I've gathered in my limited work experience, it seems as if most people start families and don't put in effort outside of the 9-5 grind once you hit a certain peak.
19 Sep 2012
Hi, I was wondering if anyone knows how possible it is to move from audit at Big 4 in a major city to an FP&A or "strategic finance" type of job within a company after working 4-5 years and getting a manager's designation. When I say strategic finance, I'm not just talking about corporate development, but anything that deals with doing NPV analysis, understanding what products or markets a company should pursue, capital budgeting decisions, strategic planning, real options valuation, etc. type of work.
15 Jun 2013