What does an Advisory Manager do?

Advisory managers guide and advise clients through a wide range of processes related to business planning, operational evaluations and assessments, and major decision making. The priority is usually to help identify opportunities to increase revenue or improve efficiency. They may construct or develop models and simulations to predict likely outcomes for various potential scenarios. These managers often specialize in one particular aspect of business operations, such as technology, personnel, or finances.

Advisory managers typically have a bachelor’s degree and a background that includes supervisory roles. They must have extensive experience in their particular specialty area and have often worked as a specialist or consultant in that category. Managers in a financially focused role may have mandated requirements depending on the position and location. These positions require excellent communication skills, project management abilities, and familiarity with a broad range of business operation situations and challenges.

What responsibilities are common for Advisory Manager jobs?
  • Oversee the firm's third-party product and advisory solution line up.
  • Draft financial due diligence and related reports for clients.
  • Manage corporate and business unit-related technical accounting matters and related business processes.
  • Oversee field development through a variety of training programs, including written communications, web-based seminars, and regional/agency meetings.
  • Participate in industry and community networking events to expand professional connections.
  • Manage the risk identification process and evaluation and testing of business processes and related controls.
  • Maintain strong client relations and cross-sell services within the assigned group of clients.
  • Develop and present complex accounting matters/ conclusions to company management.
  • Maintain and execute adequate internal controls for responsibilities and update 404 narratives, as needed.
  • Manage and prepare data requests as well as tracking of key issues identified during the deal process.
  • Contribute and support new ideas on internal processes and client engagements.
  • Liaise with external auditors on complex business development transactions, provide quarterly updates and achieve alignment on accounting.
  • Determine all potentially material ESG issues and develop tailored questions to be asked of key stakeholders to further assess the company's risk exposure and management capacity.
  • Proactively engage with clients to interpret usage data to develop benchmarks, predictive KPIs, and recommend modifications of system usage to clients as appropriate.
  • Manage internal audit outsourcing and co-sourcing engagements for clients.
  • Think strategically about practice enhancements and implement and manage change.
  • Use established network of business relationships within industry groups to generate new sales opportunities.
  • Manage budgeting and forecasting activities and build financial proposals.
  • Turn vision into action and provide continuous guidance on execution and implementation.
What are the typical qualifications for Advisory Manager jobs?
  • Bachelor's or Graduate's Degree in business, information technology, or science or equivalent experience.
  • Prior experience in a consulting capacity.
  • Can use critical thinking and collaboration skills with confidence to solve problems.
  • Fluent in enterprise resource planning, cloud, and SQL software and systems.
  • Can utilize leadership skills to assist with daily tasks and priorities that arise.
  • Fluent in practices including liquidation, integration testing, capitalization, and hedging.
  • Experience with CMA, CISA, C, and Agile programming.
Education--
Work/Life Balance
3.3 ★
Salary Range--
Career Opportunity
4.1 ★
Avg. Experience2-4 years

Advisory Manager Salaries

Average Base Pay

$7,000 /month
Same as national average
Not including cash compensation
See More Insights
$6K
Median: $7K
$9K
See More Insights
Glassdoor Estimated Salary

Advisory Manager Career Path

Learn how to become an Advisory Manager, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Advisory Manager

Years of Experience Distribution

0 - 1
0%
2 - 4
73%
5 - 7
23%
8+
4%
Not including years spent in education and/or training

Advisory Manager Insights

Read what Advisory Manager professionals have to say about their job experiences and view top companies for this career.
KPMGKPMG
Advisory
15 Sept 2021

“Clear and great career path”

KPMGKPMG
M&A Advisory Intern
4 Oct 2021

“It was an online internship and I felt the company wasn't greatly equipped to handle it.”

KPMGKPMG
Advisory Manager
30 Nov 2021

“Not so such a good salary for an IT degree”

PwCPwC
Advisory Senior Manager
30 Sept 2021

“Learning and development opportunities are great”

BDO USABDO USA
Advisory Manager
4 Jan 2022

“You only got your pay cut reimbursed if you continued to be employed until the following December.”

DiligentDiligent
Advisory Specialist
17 Aug 2022

“Promotions happen semi annually and no clear career outline.”

PwCPwC
Senior Manager Advisory
21 Nov 2022

“Opportunities to learn and grow.”

YAMADA Consulting GroupYAMADA Consulting Group
Transactions Advisory
9 Feb 2022

“Salary is on the lower end of the consulting scale”

See More

Advisory Manager Interviews

Frequently asked questions about the role and responsibilities of an Advisory Manager

The most similar professions to Advisory Manager are:
  • President
  • Intern
  • Research Assistant
  • Senior Leader

Related Careers

President
$300,000
No skills overlap
Intern
$8,300
Research Assistant
$36,000
No skills overlap
Senior Leader
$180,000

Advisory Manager jobs