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 Lets talk salary v7

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johndoe999
post Jan 30 2016, 07:37 PM

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Joined: Nov 2013


Job Title : Head of Finance
Job Desciption : Managing the finance function of the organisation
Years spent in company : > 2 years
Company : MNC
Industry : Financial services
Age : 30s
Employment Level : Sr mgmt, reporting to ceo
Experience before joining : total 9 years (7 years in Big 4, 2 years in banking)
Highest paper qualification/ education background : Degree, FCCA
salary : > /k standard RM20k
Location: KL
Bonus : depends on own performance and company performance (highest was 6 months, this year might be the lowest due to the challenging economic situation).

This post has been edited by johndoe999: Jan 30 2016, 07:39 PM
johndoe999
post Feb 2 2017, 11:01 AM

Getting Started
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Junior Member
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Joined: Nov 2013


QUOTE(alpha team @ Feb 1 2017, 04:52 PM)
1 month RM20k? how did you get that? 7 years in big 4 means you reached Manager/S.Manager, salary about RM9/10k? then switch to banking and then MNC get 20k?
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I was only a manager (not even sr mgr) when I left Big 4 (with last pay of rm9k). I was lucky as I was headhunted to join an international middle eastern boutique investment firm (based in KL) with 30% jump from my last drawn pay in Big 4.

From there on, I received a few job offers along the way, and my boss (in my last company and current company) counter-offered with a bump in my salary to match the said offers.

So that's how my monthly fixed base now is more than RM20k. So it pays to be really good at what you do, and impress your bosses and be valuable to your organization.

P/s: now no more calls from headhunters for the past 2 years. It shows that the job market is really bad.
johndoe999
post Feb 7 2017, 07:35 PM

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QUOTE(aspartame @ Feb 2 2017, 11:20 AM)
Is Head of Finance equivalent to a CFO position? Can u give a brief description of what your job involves and also how can your audit experience be transferable to finance? Thanks.
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Depends on the company/organization. For large organizations, head of finance is akin to either financial controller or finance director, reporting to the cfo. For smaller organizations, head of finance is similar to cfo, as the person may report directly to the CEO.

For my current role, is it akin to a cfo role of a small business unit within the big group, as I report directly to the business line ceo. What my role entails, I'm not at liberty to say as I might expose myself here lol.
johndoe999
post Apr 3 2017, 10:42 AM

Getting Started
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Junior Member
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Joined: Nov 2013


QUOTE(R4yMoNd @ Apr 3 2017, 01:13 AM)
If all the offers along the way come from the same headhunter, I think the headhunter got scolded from your employer for trying to hijack u.
get to know few good headhunter and new good opportunity will come along the way..
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Of course la different haha. Now once your salary is a about /k standard, it is really difficult to get jobs, especially in the current environment.

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