Client Financial Management Specialist

Client Financial Mgmt Specialist

Skill required: Client Financial Management - Financial Analysis
Designation: Client Financial Mgmt Specialist
Qualifications:Master of Business Administration
Years of Experience:7 to 11 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. As a Client Financial Management Specialist, you might spend your day: • Providing strategic decision-making support, analysis, and advice to client engagement teams to maximize the profitability of engagements. • Fostering a collaborative environment across commercial functions, account leadership, and finance organization to communicate the position of contract or account financials. • Budgeting & forecasting, providing advisory services to client and corporate leadership teams enabling them to meet the organization goals. • Guiding and leading a small team of finance professionals’ from across the globe, reviewing deliverables. 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. • Executing account financial processes with emphasis on quality and compliance. • Co-ordinating with internal and external auditors. 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. • 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.
What are we looking for? 1. Provide value-added financial management, analysis, and advice to client engagement teams to maximize the profitability of engagements. 2. 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. 3. Complete standard MTD/QTD financial and operational activities and processes. 4. Fulfill invoicing and collections, consistent with contractual requirements. Perform Inventory and Receivables management, including monitoring of variances and follow-up on discrepancies. 5. Advise/assist on forecast management activities (input collection, processing and report creation). 6. Perform/assist with work plan reconciliation and reporting. 7. 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.
Roles and Responsibilities: •In this role you are required to do analysis and solving of moderately complex problems • May create new solutions, leveraging and, where needed, adapting existing methods and procedures • The person would require understanding of the strategic direction set by senior management as it relates to team goals • Primary upward interaction is with direct supervisor • May interact with peers and/or management levels at a client and/or within Accenture • Guidance would be provided when determining methods and procedures on new assignments • Decisions made by you will often impact the team in which they reside • Individual would manage small teams and/or work efforts (if in an individual contributor role) at a client or within Accenture • Please note that this role may require you to work in rotational shifts