MorganFranklin Consulting Senior Associate Reviews | Glassdoor.co.in

MorganFranklin Consulting Senior Associate Reviews

Updated 13 Jun 2014

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Found 3 reviews

4.6
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MorganFranklin Consulting CEO Christopher Mann (no image)
Christopher Mann
0 Ratings
  1. Helpful (1)

    "Great Opportunities for Professional Development"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in McLean, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MorganFranklin Consulting full-time for more than a year

    Pros

    MorganFranklin has given me the opportunity to grow professionally moreso than other firms I have worked for by providing technical training, allowing me to attend conferences/workshops, and encouraging internal mentor/mentee relationships. I'm very proud to say that my growth was recognized with a promotion at my most recent annual review. In my senior associate level role, I feel that I'm compensated fairly. In... addition to competitive salaries and yearly bonus opportunities, MorganFranklin rewards employees with real-time rewards (I earned a giftcard for my above and beyond efforts on a particular project), top-notch events (such as the Holiday Party this year, which was hosted at Union Station in Washington, D.C.) and a long list of HR benefits. The biggest cultural difference between MorganFranklin and other firms is that individuals at all levels are encouraged to share their ideas with leadership and collaborate with eachother to solve complex challenges--a true open door policy. I feel very comfortable walking into the offices of executive team members to discuss new ideas on how to approach projects.

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    Cons

    MorganFranklin recently underwent a divestiture and organizational restructure within the past two years. We are approaching this change with a strategic roadmap for growth, which always has pitfalls, sucesses, and lessons-learned. To be successful in this environment, you have to be flexible and adapt to shifting sands. Without change, there is no innovation. A challenge is only an opportunity for greatness.

    MorganFranklin Consulting2014-06-13
  2. Helpful (1)

    "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior IT Audit Associate in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at MorganFranklin Consulting full-time for more than 3 years

    Pros

    Their employee review is thorough and developed to grow the employees career goals. Good management, always present to assist you and work with you where they can Challenging client work

    Cons

    Create more opportunities for an employee to move from one practice to another

    MorganFranklin Consulting2013-10-15
  3. Helpful (3)

    "Company culture a best fit for entrepreneurial professionals"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in McLean, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MorganFranklin Consulting full-time for more than a year

    Pros

    - MorganFranklin's pay for performance environment is best suited for self-starting professionals who are entrepreneurial by nature. Each engagement is essentially an opportunity to run your own consulting business for a single client. Professionals that walk towards challenges and focus on solving client issues are going to be the most successful here. If you do a really good job for a client, this will lead to... more business development opportunities at the client (or through referral) and increased opportunities for you as a professional. - This company is growing, and you can feel the electricity in the air. People are excited and happy to work for MorganFranklin, most likely because we are contributing to the business goals of a client base that continues to increase in size and visibility. - MorganFranklin is very focused on company culture, and the leadership works to communicate the cultural ideals of the company to employees at all levels through trainings such as the "MorganFranklin Way". Overall, the culture is positive and inclusive, with an emphasis on rewarding performance and business development. Regularly scheduled happy hours, company events, and community volunteer opportunities re-inforce the positive culture. I think they are doing a good job of regularly bringing the company together, despite the dispersed nature of a consulting business model. - Flexibility is an option. - The majority of the Managing Directors are former Big4 audit or consulting professionals, with families. As a result, they expect that every engagement deliver high quality work products to clients, but understand the balance that you need to strike as a professional with a family. You can have a career in professional-services here and still have a personal life. - I honestly like the Managing Directors I work with on engagements, and I enjoy the interactions with the founders. I would enjoy having a beer with the majority of the leaders at the company. How often can you say that about your boss?

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    Cons

    - There is variability in experience at the Associate and Senior Associate levels. The sweet-spot for MorganFranklin recruiting is former Big4 audit or consulting professionals with a few years experience. These professionals know how to prepare workpapers, prepare presentations geared towards clients, analyze and understand the accounting and finance environment of a client, perform technical accounting research... and respond to external auditor requests on behalf of clients. Associates that do not have this previous experience don't receive as balanced a development track. It can be difficult to develop an Associate hired from campus to the same level of proficiency as a Senior Associate or Manager hired from a Big4 firm. - There are less technical resources and fewer levels of general review than Big4. Not a big deal if you are good at performing technical research and working independently, but if you relied on a reviewer to catch your mistakes or consultation with a subject matter expert in the past then this might feel like working without a safety net.

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    Advice to Management

    - Formal mentoring program has recently been implemented, and continues to develop. There is a lot of potential here to provide professionals with resources outside their chain of command, match professionals to new project opportunities in the company, and promote cross-training of professionals. I encourage you to continue to promote the importance of active mentoring. - To address the Associate development... concerns, scheduling should consider creating paired teams of campus-hire professionals and experienced-hires from the Big4. These "partnered" teams could continue to work together on several clients throughout a development cycle (i.e. 6 months or a year). During this development cycle, the senior professional is responsible for teaching the junior professional proper workpaper technique, accounting research, etc. Then, at the end of the development cycle the staff associate can provide feedback on the development provided by the senior associate (and can choose to continue on this team or request another team), and the senior associate can provide feedback on the development of the staff (and then make a similar decision about continuing to partner with this staff or starting over with a new staff). This partnership can be repeated up the chain of command through Manager and Senior Manager levels.

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    MorganFranklin Consulting2013-04-21

    MorganFranklin Consulting Response

    April 29, 2013Vice President of Human Resources

    Thanks for taking the time to write a review! MFC has a "continuous improvement" culture, and thoughtful employee feedback like this is extremely valuable to us. While no Company is perfect, you've highlighted some important aspects of what makes MFC special. You have also outlined ...

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