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Hi,
So I have been offered CFM analyst position at accenture and I was wondering if I should take it. I am about to finish my MAcc and hopefully have my CPA soon (taking last part in end of May). I am interested in management type of accounting work on clients where I can add value, cut costs etc. More like business consulting.
Can you guys please provide some insight whether I should go with this or pursue public accounting (big 4) or private accounting / finance jobs? Which career will be beneficial in long term assuming I am done with masters and CPA.
thanks guys
Details about job
CFM Analyst
Key Responsibilities
Help ensure compliance with U.S. GAAP, Accenture finance policies and local statutory requirements
May prepare or assist in the development of pricing calculations for engagements
Review engagement pricing calculations
Prepare or assist in preparing client invoices in accordance with the billing plan and contract
Execute or assist in receivables follow-up, monitor variances, and discrepancy follow-up
Assist in the preparation and control of Accenture financial records (e.g., assist with ledger creation and management, monitor ledge activities, follow-up expense issues, ensure time and expenses reconciliation, and assist with all job administration activities)
Monitor and report or advise on engagement financial status (e.g., monitor costs, perform financial forecasting and analysis, produce financial reports)
Manage own time to create the assigned deliverables, escalate impediments to supervisor
Prepare or assist with engagement set-up paperwork
Assist with or perform collection, tracking, and reporting of time report expenses and other expenses
Periodically review expense budgets, as necessary
Track use of and compliance with the engagement’s expense policy
Execute or assist with tracking and reporting of third-party out-of-pocket expenses, hardware/software costs, and client time and expenses against program budget, and any other expense charges to program budget
Follow up or advise on actions regarding questionable or invalid expenses
Monitor or advise on engagement capital assets and technology rental equipment
Process or assist in processing client invoices in Accenture financial systems
Prepare or assist in preparing and submitting accounts payable payment requests to the Accounting Service Center (ASC, ESC)
Assist with engagement shutdown activities (prepare final bill to client, close job numbers, etc.)
Perform or assist with reconciliation processes (turnaround document, ARTES, job summaries)
Perform or advise on data and report archiving
Assist or advise on forecast management activities (input collection, processing and report creation)
Prepare or advise on contract compliance tracking reports
Prepare or advise on CFM materials for CQMA review
This job description reflects management’s assignment of essential functions, it does not prescribe or restrict responsibilities that may be assigned
Job Summary
Work at an engagement site, in a Shared Service Team, or in the Support Network Help Desk
Perform or assist with work plan reconciliation and reporting, process financial transactions, and track time and expenses
Assist with the preparation of engagement, project, and program reporting as well as Accenture internal financial accounting processes
May perform special assignments for engagement executives (e.g., ad hoc reporting, trend analysis, costing and forecasting)
May also provide value-added financial management, analysis, and advice to client engagement teams to maximize the profitability of engagements
Qualifications:
CPA with 1 yr and above experience
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