{ "media_type": "text", "post_content": "I got offer from Accenture on CFM role and Thomson Reuters for FP&A. Which one should I choose? Salary is same for both", "post_id": "61e700f305c991002bbe7517", "reply_count": 4, "vote_count": 1, "bowl_id": "60acd8da02f3cf00247e4d6d", "bowl_name": "All about Accenture", "feed_type": "bowl" }

I got offer from Accenture on CFM role and Thomson Reuters for FP&A. Which one should I choose? Salary is same for both

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Hi, I am working on same profile in Accenture, CFM is nothing but FP&A/Business finance, you will get great exposure, As Accenture is $ 52B yearly revenue company, it's business is divided according to clients and geographies, so you will be assigned in a team to perform FP&A activities for perticular client. Please note: Recently Accenture moved it's CFM/FP&A division from core corporate functions to operations/BPO


@ ABB1 - Prior to March'22 CFM used to be a part of Corporate functions/Core finance, post March, Accenture moved it to operations. Intention of Accenture to move CFM and other finance functions to operations - Accenture is planning to achieve target of $75B+ yearly revenue by end of 2025. To achieve this, Accenture has to generate revenue from everything. So Accenture is planning to sell FP&A as service to clients and also it will be an internal function. Currently CFM folks doing lot of other activities thn just FP&A and for this they have introduced COE (Centre of excellence) (COEs - are nothing but team doing particular single task, eg: Invoicing, pricing, structure creation etc.) Those resources who are not so high performing may get moved to COEs and one with good skill sets will remain in FP&A. What changed after CFM's movement to operations - All the operations policies are applicable. Early we used to have 8 hrs + 1 hr (working day) now it's 9hrs +1hr with no salary change. Recently they have implemented GPH (Global productive hub) which is a time tracker and we are supposed to update time details spent on every activity. Earlier we used to have straight level movements on promotion now we have sublevels ( this for level 10 and above) Under corporate functions appraisal rates were way above average but it is expected to drop under operations. Accenture rapidly increasing its COEs for repeatativ tasks and dynamically working on AI and ML driven modules, so in near future (after 3-5) we can expect layoffs or movements of its resources to other functions, as most of the work will be automated and they will prefer employees to work only on Planning and Advisory roles and other resources may be moved to some other functions like R to R, P to P, O to C. And lastly, earlier we used to have notice period of 60 days now it's revised to 90 days. And even I have heard Accenture may introduce shift working going forward as it is already there in operations. Cheers...! & All the best 👍 Disclaimer : whatever I have mentioned above are my opinions and are solely based on my perception and understanding of the policies.


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