Client Financial Management Associate Manager

Client Financial Mgmt Associate Manager

Skill required: Client Financial Management - Financial Analysis
Designation: Client Financial Mgmt Associate Manager
Qualifications:Master of Business Administration
Years of Experience:10 to 14 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? Client Financial Management (CFM) is responsible for delivering business advisory services to Accenture client teams throughout the lifecycle of a contract. Our professionals are accountable for driving financial health and improved business results by providing analysis and advice to internal Accenture client leads. CFM’s primary corporate finance activities include accurate forecasting and reporting, cash flow optimization, and financial analysis. Co-ordinating with internal and external auditors. Ensuring all accounting meets the US-GAAP and Sarbanes-Oxley requirements in relation to Revenue and Cost accounting. Need to interpret the contractual documents with client to derive the right accounting method . Client Financial Management involves overseeing and managing the financial aspects of client accounts. This includes Revenue assurance , budgeting, forecasting, invoicing, and financial reporting. The goal is to ensure accurate financial tracking and support client profitability. Responsibilities include analyzing financial data, preparing reports, and advising clients on financial matters. This role is essential for maintaining strong financial health and client satisfaction. Financial planning and analysis (FP&A) refer to the processes designed to help organizations accurately plan, forecast, and budget to support the company’s major business decisions and future financial health. Managing the contract profit & loss management and advisory services to client and corporate leadership teams. Design and implementation of tools and processes which enable the client to perform financial analysis of its statements. Involves the ability to assess materiality and volatility of financial statement line items and key metrics utilizing financial ratios to determine the financial health of the company.
What are we looking for? As a Client Financial Management Associate Manager, you might spend your day: o Providing strategic decision-making support, analysis, and advice to client engagement teams on overall account financials o Demonstrating a collaborative environment across commercial functions and leading communications with account leadership and the finance organization to communicate the position of account o Responsible for account management – including account planning, profitability improvement, and advisory services to client and corporate leadership teams o Supervising a team of direct reports from across the globe, providing regular feedback to help drive and shape their career and improve overall skill set o Executing with an innovation mindset by leading team members through innovative ideas and creating solutions for existing problem. o Embracing change with agility and adaptability and leading team members through changes in strategic direction as set by senior management o Executing contract financial processes with emphasis on quality and compliance to ensure the quality and integrity of engagement financial records. o Participating in the business process through deal shaping and the development of opportunity pricing for new and extended business opportunities and/or review pricing calculations from engagement executives. o Executing all global and local statutory, tax, Internal Controls, and US GAAP & IFRS requirements as described by policy to ensure full compliance
Roles and Responsibilities: •• Provide value-added financial management, analysis, and advice to client engagement teams to maximize the profitability of engagements • Collaborate with client and engagement executives, client group finance leads (or equivalent), and other finance operations executives to communicate the position and status of contract or account financial position • Complete standard MTD/QTD financial and operational activities and processes • Fulfill invoicing and collections, consistent with contractual requirements. Perform Inventory and Receivables management, including monitoring of variances and follow-up on discrepancies • Advise/assist on forecast management activities (input collection, processing and report creation) • Perform/assist with work plan reconciliation and reporting • Track and report time-reporting hours, expenses, and variances as required, including compliance with account/engagement expense policy (if existent)Track and report third-party out-of-pocket expenses, client time and expenses against program budget, and any other expense charges to program budget tracking and reporting of third-party out-of-pocket expenses. • Perform or assist with the preparation of engagement, project, and program reporting as well as Accenture internal • Please note that this role may require you to work in rotational shifts