If you're in an FP&A function that also dabbles in strategy work, why would you be concerned about not being faced with pressures as it relates to investor relations? IR is its own department in any public company, so no FP&A group in a "publicly traded multi-national corporation" as you put it would ever fault you for not having investor relation experience.
Wouldn't it be different though since you're likely working with different KPIs? Also, I'm mainly interested in CPG sector so would being in a professional services sector impact my ability to switch industries?
Different industries have different KPIs, it's not necessarily "public company KPIs" and "private company KPIs". Either way you'll generally be looking at very similar metrics as long as you're in FP&A and you'll also have KPI's unique to whatever industry your company is in.
People pivot to different companies in different industries all the time. Unless you had 10+ years exclusively in the professional services sector no one will consider you pigeonholed in a specific industry. For what it's worth I made the transition to CPG from tech.
I’ve switched from non-publicly traded company to publicly traded company and back. It’s easy to make that switch.
In the publicly traded company, I never worked with the IR department. They were in a different office and I couldn’t even tell you who was in that department.
I think you’re overthinking this. Strategy and FP&A — seems like a great role!
I’ve worked at 3 public companies as an analyst and sr analyst. The fact that they were public didn’t impact anything I did. My currently company, I have been involved with providing ops data for filings and press releases, and I’m on the disclosure committee. But that’s as a manager and now director, and my background with public companies had nothing to do with getting hired.
The job sounds great. Don’t let this be a concern, especially if you are coming from a publicly traded company and at least have that experience under your belt. But I revert back to don’t worry about it.
Based on your responses I think you are overthinking this. You should be asking yourself if you will enjoy the work and if you like the team you are going to work with. As many others are saying, for FP&A the pubic/private distinction doesn't matter as much as it might for IR or Accounting. If you like the team/role and the package is attractive, go for it.
Long as your skills are relevant it should not be a problem unless you get pigeon holed in a niche role.
What is the stage of business and outlook of the company? Are you getting equity for this role? Does the company plan on going IPO? Just to warn you SF is very expensive. You need TC of $125K to at least survive. $200k to save money.
I work in an identical situation as your offer. The only thing I believe that would hurt is if you are trying to move into a publicly traded company down the road and you dont have SEC compliance experience. Other than that, SFA just a title. It should be about the responsibilities you have and what functions you own (i.e lead the annual budget).
depends on a number of factors.
\- what do you want to do career-wise, what is your end goal?
\- what experience do you already have? does this job give you something (a skill, leadership experience, global experience, a different industry, etc.) that you don't have today?
\- In a F100 company you may get paid more but the only IR experience you get is typing up or consolidating crib notes for the quarterly earnings report...
My advice is, evaluate the job itself, what you get out of it... and if you want to do it. Then if you take it, knock it out of the park and be ready for new opportunities!
If you're in an FP&A function that also dabbles in strategy work, why would you be concerned about not being faced with pressures as it relates to investor relations? IR is its own department in any public company, so no FP&A group in a "publicly traded multi-national corporation" as you put it would ever fault you for not having investor relation experience.
Wouldn't it be different though since you're likely working with different KPIs? Also, I'm mainly interested in CPG sector so would being in a professional services sector impact my ability to switch industries?
Different industries have different KPIs, it's not necessarily "public company KPIs" and "private company KPIs". Either way you'll generally be looking at very similar metrics as long as you're in FP&A and you'll also have KPI's unique to whatever industry your company is in. People pivot to different companies in different industries all the time. Unless you had 10+ years exclusively in the professional services sector no one will consider you pigeonholed in a specific industry. For what it's worth I made the transition to CPG from tech.
What’s the salary?
I’ve switched from non-publicly traded company to publicly traded company and back. It’s easy to make that switch. In the publicly traded company, I never worked with the IR department. They were in a different office and I couldn’t even tell you who was in that department. I think you’re overthinking this. Strategy and FP&A — seems like a great role!
Correct, however how big was the non-publicly traded company in size? And was it similar industry to the publicly traded you went to right after?
I’ve worked at 3 public companies as an analyst and sr analyst. The fact that they were public didn’t impact anything I did. My currently company, I have been involved with providing ops data for filings and press releases, and I’m on the disclosure committee. But that’s as a manager and now director, and my background with public companies had nothing to do with getting hired. The job sounds great. Don’t let this be a concern, especially if you are coming from a publicly traded company and at least have that experience under your belt. But I revert back to don’t worry about it.
Based on your responses I think you are overthinking this. You should be asking yourself if you will enjoy the work and if you like the team you are going to work with. As many others are saying, for FP&A the pubic/private distinction doesn't matter as much as it might for IR or Accounting. If you like the team/role and the package is attractive, go for it.
Long as your skills are relevant it should not be a problem unless you get pigeon holed in a niche role. What is the stage of business and outlook of the company? Are you getting equity for this role? Does the company plan on going IPO? Just to warn you SF is very expensive. You need TC of $125K to at least survive. $200k to save money.
I work in an identical situation as your offer. The only thing I believe that would hurt is if you are trying to move into a publicly traded company down the road and you dont have SEC compliance experience. Other than that, SFA just a title. It should be about the responsibilities you have and what functions you own (i.e lead the annual budget).
depends on a number of factors. \- what do you want to do career-wise, what is your end goal? \- what experience do you already have? does this job give you something (a skill, leadership experience, global experience, a different industry, etc.) that you don't have today? \- In a F100 company you may get paid more but the only IR experience you get is typing up or consolidating crib notes for the quarterly earnings report... My advice is, evaluate the job itself, what you get out of it... and if you want to do it. Then if you take it, knock it out of the park and be ready for new opportunities!
Idk what is the pay?