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Client Financial Management – Finance Specialist

Job Location: Melbourne

Regional Description: Australia

Job Number: 00563790


- Job description

Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions—underpinned by the world’s largest delivery network—Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 435,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.         


Accenture is an equal opportunities employer and welcomes applications from all sections of society and does not discriminate on grounds of race, religion or belief, ethnic or national origin, disability, age, citizenship, marital, domestic or civil partnership status, sexual orientation, gender identity, or any other basis as protected by applicable law.

  • Work with engagement senior executives to set up and coordinate an engagement(s)' work, financial management processes, tools, and reporting structure, including analyzing financial results for the engagement team(s), the client(s), and the appropriate internal organizations (e.g., Accenture Operating Group)

  • Work with engagement senior executives to review and manage financial performance of contracts; look for and compare opportunities to improve profitability on contracts; and, help engagement senior executives to deliver the planned profitability of contracts.

  • Supervise CFM Analyst(s) and, if applicable, other members of the engagement financial support (e.g., CFM assistants or client personnel)

  • Monitor U.S. GAAP compliance

  • May prepare costing for proposals, monitor engagement profitability and identify and coordinate the resolution of issues

  • Work at an Engagement Site, in a Shared Service Team, or in the Support Network Help Desk

Key Responsibilities

  • Ensure compliance with U.S. GAAP, Accenture finance policies and local statutory requirements
  • Prepare or review costing and pricing

  • Understand pricing  calculations from initial stage of project

  • Identify or assist in identifying requirements for job extension

  • Manage or assist in management of working capital by ensuring bills are in accordance with the contract, and that they are accurate and timely

  • Actively manage inventory & receivables, and explain anomalies

  • Monitor and report, or assist with reporting, on engagement financial status and costs, and produce financial reports

  • Manage or assist in managing engagement financial records by understanding, explaining, and resolving major discrepancies that occur on the ledgers

  • Advise on job and process setup for engagements

  • Provide support in the development and delivery of Finance training programs in cooperation with CFM executives

  • Supervise and coach CFM analysts and assistants on tools and processes

  • Execute or assist in execution and documentation of internal financial processes: account (job) numbers, marketing discount, sales and backlog reporting, financial reporting package

  • Execute or advise on client/program financial processes: assist/develop financial reporting package, develop bill template and establish/manage collection process

  • Set up or advise on engagement financial management tools

  • Assist with and/or manage expenses: periodically review expense budgets, as follow-up on questionable or invalid expenses and monitor non-Accenture expenses

  • Execute or advise on billing processes: prepare bill to client and review with Accenture management; monitor client payment, payment practices, collect outstanding receivables or work with RMT as appropriate; complete outsourcing revenue recognition and reconcile to client bill

  • Manage or assist with capital assets and associated depreciation/ technology rental equipment

  • Manage or assist with engagement balance sheet position, process necessary engagement level accruals

  • Monitor job balance and reconcile expenses and fees - match expenses paid to expenses incurred, chargeable expenses to client billings and fees collected to client billings

  • Perform or advise on engagement shutdown activities: prepare, review and collect final bill, perform final reconciliations, close job numbers and prepare final reports (internal, client, etc.)

  • Assist or advise on pricing new/potential arrangements: work with Corporate Transaction Services (CTS)

  • Ensure compliance with Accenture financial policies and procedures

  • Execute or advise on Accenture time reporting and audit process

  • Perform or advise on forecast management activities (input collection, processing, reasonableness validation, interpretation and report creation)

  • Conduct or advise on contract compliance tracking (financial aspects)

  • Perform or advise on comparison of performance data to metrics, and prepare compliance reports

  • Prepare or advise on CFM materials for Quality reviews

  • Analyze financial status of engagement and advise on corrective action, as necessary

  • Participate in CFM recruiting activities

  • Participate in knowledge-sharing activities locally and organizationally

  • May also perform Client Accounting Team-like functions

  • This job description reflects management's assignment of essential functions, it does not prescribe or restrict responsibilities that may be assigned


  • Reports to:  CFM Client Site, Shared Services or Support Network Manager

  • Supervises:  CFM Analyst and Assistant positions as applicable

  • External Relationships:  Engagement Executives, Receivables Management Team



·        Undergraduate degree (or equivalent) in Finance or Accounting

  • Recommended Certifications, Licenses, etc:  CA / CPA / Other relevant Post Tertiary qualified or progress towards qualification preferred

  • Work Experience:  4+ years of work experience

  • Work Requirements:  Willingness to work flexible hours, as necessary, in order to meet monthly and quarterly deliverable deadlines and to provide extended-hour customer service support. Ability to commute to and between client sites; ability to travel and work out of town for


Financial Skills and Competencies

  • Previous financial accounting experience

  • Demonstrated knowledge of business, finance, and accounting fundamentals

  • Strong understanding of U.S. Generally Accepted Accounting Principles (GAAP)

  • Strong understanding of local statutory requirements

  • Knowledge of Accenture's financial policies, systems, and processes

  • CRM skills (for Support Network assignments)

  • Familiarity with the breadth of CFM services (for Support Network assignments)

  • Reconciliation

  • Invoice preparation

  • Tracking and reporting on Accounts Receivable

  • Processing financial transactions

  • Preparing financial reporting packages

  • Planning, forecasting and budgeting

  • Preparing ad-hoc analysis and reports

Professional Development Skills

  • Strong supervisory and project management skills

  • Strong analytical skills

  • Strong interpersonal and customer service skills

  • Good oral and written communication skills

  • Ability to work with Accenture senior management

  • Strong organizational, time management and multi-tasking skills

  • Ability to delegate and manage work to meet deadlines

  • Ability to work independently

  • Attention to detail

  • PC literate (e.g., working knowledge of MS Office Programs)

Accenture is committed to creating a diverse and inclusive workplace.  All suitably qualified applicants will receive equal and fair consideration for employment.


At Accenture, our vision is to create a supportive culture that balances the flexibility needs of the business and our people, enabling us to  maximise overall performance.

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