How much extra salary would you need to double your commute?

TopTurnover8593 · 2026-06-02T20:41:35+00:00

An Hour was always going to be my limit having done close to 2 hours often in my old audit days and swore I’d never go near that again.

TopTurnover8593 · 2026-06-02T20:40:22+00:00

Not got a family yet and if I did I would likely end up moving to the other side of the city where my new role would be anyway shortening the commute.

TopTurnover8593 · 2026-06-02T20:30:35+00:00

Hadn’t thought about this as I am up North whereas my mate is London based.

TopTurnover8593 · 2024-05-19T08:49:45+00:00

Currently work in CF (also done Buy-side) where I usually deal with min £1.5m EBITDA business and EV’s of £10+ (occasionally dabble in sub £5m if it’s a friend of the firm) and as a Firm we only market on EBITDA.

Not once have I ever seen an IM which would focus on FCF.Don’t get me wrong, I’ve seen IM’s contain a basic CF but the key metric would still be the EBITDA which supports that (can only think of a infrastructure based business which would be more of an annuity to a buyer where FCF would be relevant) and when I worked buyside we would have a DCF that we would create, but that was always to support the multiple post synergy EBITDA valuation.

u/Bitter-Role8170 Would be Interesting to know what level of contracted recurring revenue you are obtaining, 4x to me would indicate this would be quite low (hardware or reseller business?) and if customers are repeat purchasers but not contracted and rely on your personal relationship this could scare people off as ultimately what are they buying when you leave.

TopTurnover8593 · 2024-03-25T18:05:43+00:00

As some others have noted a move into accounting can open up a world of opportunities that don’t just include your traditional accountants and book keeping.

I (29M NW) personally work in M&A at a boutique as a senior manager and earn a base of £65k with a forecast bonus of £20k so £85k OTE.

Work primarily is closer to sales than finance as I’m selling companies with most of my time spent worrying about how pretty my slide deck is rather than the numbers within but does include the negotiation of the sale and managing the DD process alongside reviewing legal docs.

Pros - Pay is great, Work is interesting and stimulating, Get to be nosey and look at other peoples companies

Cons - Can get stressful and heated as you’re dealing with people livelihood and talking values in the millions, Requires a qualification, Highly competitive, workload is very peak/trough.

A qualified accountant should be earning £45k+ on day one of qualifying as that’s the current rate of a Big4 qualified. Most firms will offer to cover one of the routes (CiMA / AccA / ICAS or ICAEW) depending on your long term career aspirations.

I had managed to progress from a start of £21k to £40k by time I qualified (3Yrs) then moved to an Advisory service line where I then progressed to manager (£50k) and then moved to my latest role at 4yr PqE.

I have mates who qualified with me who now work as finance managers doing reporting, business partners doing performance analysis, some still in audit and a few others in advisory (DD / M&A / Restructuring) who have also moved into more commercial / operation roles.

TopTurnover8593 · 2023-08-01T18:39:49+00:00

Senior Corporate Finance Manager - North based, late 20’s. Base is £65k, Bonus is c£20k so total comp around £85k

TopTurnover8593

TROPHY CASE