Career Development

What Does a PwC Manager Do?

Find out what a PwC Manager does, how to get this job, and what it takes to succeed as a PwC Manager.

PwC is a global professional services network that provides assurance, tax, and consulting services to clients in 158 countries. PwC is one of the largest professional services networks in the world, with over 250,000 employees.

A manager at PwC is responsible for leading and managing teams of professionals in the delivery of services to clients. Managers are expected to have a deep understanding of the industry and the services that PwC provides. They must be able to develop and implement strategies to ensure that the team meets its goals and objectives. Managers must also be able to effectively communicate with clients and other stakeholders, and ensure that the team is working efficiently and effectively.

PwC Manager Job Duties

A PwC Manager typically has a wide range of responsibilities, which can include:

  • Lead and manage client engagements, including planning, budgeting, scheduling, resource allocation, risk management, and quality assurance
  • Develop strong relationships with clients to ensure satisfaction and repeat business
  • Provide technical guidance and support to team members on complex accounting and auditing issues
  • Prepare financial statements in accordance with Generally Accepted Accounting Principles (GAAP)
  • Analyze financial data and prepare reports for senior management
  • Identify potential areas of improvement within the organization’s processes and procedures
  • Monitor progress against project plans and budgets, ensuring that deadlines are met
  • Manage multiple projects simultaneously while meeting tight deadlines
  • Ensure compliance with all applicable laws and regulations
  • Participate in internal training programs and professional development activities
  • Maintain up-to-date knowledge of industry trends and best practices
  • Assist in recruiting, hiring, and developing staff
  • Represent the firm at external events and conferences

PwC Manager Salary

The salary of a Manager at PwC is determined by a variety of factors, such as the individual’s experience, qualifications, and the specific role they are undertaking. Additionally, the company’s location and the size of the team the Manager is leading can also influence their salary. PwC also takes into account the individual’s performance and the current market rate for similar roles when determining the salary for a Manager.

  • Median Annual Salary: $184,633 ($88.77/hour)
  • Top 10% Annual Salary: $246,100 ($118.32/hour)

PwC Manager Job Requirements

To be hired as a Manager at PwC, applicants must have a minimum of a bachelor’s degree in a related field such as business, accounting, finance, or economics. In addition, applicants must have at least five years of experience in a managerial role, preferably in a professional services environment. A CPA certification is preferred, but not required. Applicants must also have strong communication and organizational skills, as well as the ability to work independently and as part of a team. Finally, applicants must be able to demonstrate a commitment to professional development and a willingness to learn new skills.

PwC Manager Skills

PwC Manager employees need the following skills in order to be successful:

Leadership: Leadership skills can help you motivate and direct your team to achieve goals and objectives. As a manager, you may be responsible for assigning tasks, delegating responsibilities and providing guidance to your team. Leadership skills can help you motivate your team to work together and achieve success.

Communications: Managers must be able to communicate effectively with their team and clients. This includes written and verbal communication, as well as nonverbal communication. You can use your communication skills to help your team work together, solve problems and develop new strategies. You can also use your communication skills to build trust with your clients, which can help you develop stronger relationships and improve your team’s performance.

Employee Training & Development: Managers are responsible for training and developing their team members. This includes providing them with the skills and knowledge they need to perform their job well and ensuring they have the resources they need to grow in their career. You can also help your team members by identifying opportunities for professional development and providing them with the resources they need to pursue those opportunities.

Meeting Goals: Managers are responsible for meeting company goals and objectives. This requires them to develop and implement strategies that help their teams achieve their goals. As a manager, you can use your skills of planning and time management to help your team meet their goals.

Decision Making: Managers often make decisions that affect their team and company. Effective decision-making skills can help you make the best choice for your team and organization. You can use decision-making skills to make important business decisions, such as choosing which clients to pursue and which projects to prioritize. You can also use decision-making skills to make personal decisions, such as deciding how to handle a conflict between team members.

PwC Manager Work Environment

PwC Managers typically work in an office environment, but may also travel to client sites. They typically work 40-hour weeks, but may be required to work overtime during busy periods. Managers are expected to be able to work independently and manage their own workload, but also to collaborate with colleagues and clients. They must be able to handle a high level of stress and be able to work under pressure. They must also be able to work with a variety of people and be able to communicate effectively.

PwC Manager Trends

Here are three trends influencing how PwC Manager employees work.

Regular Feedback Sessions

Regular feedback sessions are becoming increasingly important for PwC managers. These sessions provide an opportunity to discuss performance, identify areas of improvement, and set goals for the future. They also help build trust between managers and their teams by creating a safe space for open dialogue.

Regular feedback sessions can be used to assess progress on projects, review team dynamics, and ensure that everyone is working towards the same objectives. Additionally, they can be used to recognize individual contributions and celebrate successes. By understanding how employees are performing, managers can better support them in achieving their goals.

More Empathetic Leadership

As the world of work continues to evolve, PwC managers are increasingly expected to lead with empathy. Empathetic leadership is about understanding and responding to the needs of employees in a way that shows genuine care and concern for their well-being. It involves creating an environment where people feel safe to express themselves and be heard.

Empathetic leaders understand that each employee has unique strengths and weaknesses, and they strive to create an inclusive workplace culture that values diversity and encourages collaboration. They also recognize the importance of providing feedback and support to help employees reach their full potential. By taking the time to listen to their team members and show appreciation for their contributions, PwC managers can foster a more productive and engaged workforce.

Better Employee Appreciation and Engagement

As the workplace continues to evolve, PwC managers are looking for ways to better appreciate and engage their employees. This includes providing more flexible work arrangements, offering meaningful rewards and recognition programs, and creating a culture of trust and respect.

PwC managers are also focusing on developing an environment that encourages collaboration and innovation. By leveraging technology such as AI-driven chatbots and virtual reality simulations, they can create immersive experiences that help employees learn new skills and stay engaged with their work. Additionally, by utilizing data analytics, PwC managers can gain insights into employee sentiment and engagement levels in order to make informed decisions about how best to support their teams.

Advancement Prospects

As a PwC Manager, you will have the opportunity to move up the ranks within the company. You may be promoted to Senior Manager, Director, or Partner. As you move up the ranks, you will be responsible for more complex projects and will have the opportunity to work with more senior clients. You will also have the opportunity to take on more leadership roles and mentor junior staff. With the right combination of experience, skills, and ambition, you can move up the ranks and become a Partner at PwC.

Interview Questions

Here are five common PwC Manager interview questions and answers.

1. Are there any skills or knowledge gaps you feel like you need to fill before moving into this position?

This question is a great way for employers to learn more about your career goals and how you plan to achieve them. When answering this question, it can be helpful to mention any skills or knowledge that you feel like you need in order to perform well as a manager at PwC. It can also be beneficial to include steps you have taken or will take to improve these skills or knowledge areas.

Example: “I would say my biggest skill gap right now is public speaking. I am currently taking a public speaking course online to help me overcome my fear of public speaking. I think once I get some practice under my belt, I’ll be able to speak confidently in front of large groups.”

2. Tell me about a time where you had to deal with a difficult client.

This question can help interviewers understand how you handle conflict and challenging situations. Use your answer to highlight your problem-solving skills, communication skills and ability to work under pressure.

Example: “In my previous role as a financial advisor, I had a client who was very impatient with the progress of his investments. He would call me multiple times per week asking for updates on his portfolio, which made it difficult to manage other clients. Eventually, I scheduled a meeting with him where we discussed his concerns and expectations. We came up with a plan that involved more frequent but shorter meetings so he could get the information he needed without disrupting my workflow.”

3. Have you ever had to manage multiple projects at once, if so how did you keep track of them all?

This question can help the interviewer understand how you prioritize your work and manage multiple projects at once. Use examples from past experiences to show that you are organized, detail-oriented and able to meet deadlines.

Example: “In my current role as a financial analyst, I am responsible for managing multiple clients’ accounts while also monitoring their budgets and expenses. In this position, I have learned how to effectively keep track of all of these tasks by using project management software to create separate folders for each client’s account. This allows me to easily access important documents and information about each client’s finances.”

4. Tell me about a time when you had to deal with a large volume of work and how you handled it.

This question can help the interviewer get an idea of how you manage your time and prioritize tasks. Use examples from previous work experience to highlight your ability to multitask, meet deadlines and stay organized.

Example: “In my last role as a financial analyst for a small business, I had to balance multiple projects at once while also helping my team members with their own assignments. One day, I received several urgent requests that required immediate attention. Rather than trying to complete all of them immediately, I prioritized the most important ones first and delegated the rest to my colleagues so we could each focus on our own tasks. This helped us avoid any delays in completing our projects.”

5. What does customer service mean to you?

This question can help the interviewer determine how you would apply your customer service skills to a role at PwC. Use examples from previous work experiences or other personal examples that show how important it is for you to provide excellent customer service and support to clients, colleagues and others in your professional network.

Example: “Customer service means providing quality service to all of my clients and customers. I believe that every interaction with a client should be positive and helpful so they feel like they’re getting the best possible experience when working with me. In my last position as an accountant, I helped a small business owner understand their financial statements and provided them with tips on how to improve their company’s performance.”

Previous

What Does a Labcorp Lab Assistant Do?

Back to Career Development
Next

What Does a DPR Construction Project Engineer Do?