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Client Financial Management Specialist

Job Location: Bengaluru

Job Number: 41094


- Job description

About us
Avanade Inc is a progressive technology consulting organization and the joint venture between Microsoft and Accenture designed to rapidly deliver business-critical solutions built from Microsoft technologies. Our goal is to be the world's premier technology integrator. Based in Seattle, we enjoy unprecedented access to Microsoft's development laboratories and continually train our people on the latest Microsoft products and technologies. Avanade creates value for its customers by capitalizing on the advanced capabilities of the Microsoft platform to build customized scalable solutions. You can find more about Avanade at

Position: Specialist -Avanade Client Financial Management

Job role would include
• Opportunity support - Prepare and/or review costing and pricing scenarios for consulting contract
• Liaising with onshore CFM to ensure job codes are setup on a timely basis
• Detailed expense reports on a project by project basis being prepared and sent to onshore finance on a prompt and regular basis
• Manage expenses: review and follow-up on questionable or invalid expenses
• Ensuring resources have a valid code before they start working on any project/ engagement
• Flagging up with the relevant regions if a new job code is required
• Ensuring timely & accurate time recording; Establish reconciliation processes
• Producing weekly staffing report and reconciling total headcount numbers with forecast
• Liaise with Accenture/IDC managers to provide an accurate forecast; Mid month analysis/monitoring of projects to improve financial forecasts
• Assist onshore PM’s in analyzing variances to forecast, reports etc
• Prepare internal reports: financial statements, budget to actual comparison, margin, recovery analysis, non-billable expenses, etc. Distribute reports to appropriate audience etc:
• Ensure compliance to Accenture financial policies and procedures
• Ensure compliance with U.S. GAAP
• Execute/establish an Accenture time reporting process: determine time reporting method and establish a time report collection and audit process
• Perform forecast management activities (input collection, processing, reasonableness validation, interpretation and report creation
• Works with Delivery to ensure that all projects are invoiced correctly and on-time.
• Works with the CFM Lead and the Service Center team to confirm all Customer invoices get paid on time, and deals with Delivery and/or Business Development if any issue with an invoice arises
• Works with Delivery organization and with the CFM lead ensuring regional compliance of policies and internal controls, mainly contract checklists and revenue recognition policies.
• Prepares the ATMs (Accounting Treatment Memos) for review for direct projects
• Works with Project Managers to monitor engagement profitability
• As needed, develops and prepares engagement-specific financial reports for client management.
• Provides guidance to Project Managers with respect to financial reporting concepts, key financial metrics, etc.
• Works with the CFM lead to provide appropriate engagement-specific financial data for regional budgets and forecasts.
• May work with an offshore team that deals with the posting of the invoices and/or other OTC activities
• Completes detailed monthly close activities for projects in scope and presents to manager for review.
• Timely delivery of Ad-hoc requests

Other requirements:
• Communicate with co-workers, management, clients, and others in a courteous and professional manner
• Maintain security, integrity and business continuity controls and documents
• Develop a good knowledge of structured delivery processes, standards, guidelines and document formats
• Work closely with Finance personnel on a daily basis. Maintain sig
• 7 to 9 years experience in finance/accounting position • CA/ ICWA/ MBA with specialization in finance or accounts • 4 to 5 years of prior experience in FP&A is must • Post qualification 5 to 6 years overall 7 to 9 years

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.

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