[Anonymous]

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