Accenture’s Finance & Performance Management practice (F&PM) is a part of Management Consulting at Accenture. On a global scale there are approximately 2250 F&PM professionals, of which 50 reside in Norway.

F&PM in Norway work with clients to tackle issues of importance to the Chief Financial Officer (CFO). We operate across industries, working on finance strategy, operating model design, transformation initiatives and performance management.

You can work with clients to transform their organization’s finance function to help them become a high-performance business. Acting as their business partner, you may employ the use of internal and outsourced strategies for operational excellence in transaction processing. Using new analytic capabilities to enable decision making, you can work with executives to deliver effective enterprise-wide performance management capabilities to drive shareholder value. Typical work may include:

• Defining the client’s finance strategy in accordance with the organization’s strategic objectives
• Optimizing the client’s finance department through process improvement and implementation of systems to support the finance function
• Performing analyses to reduce the client’s working capital
• Developing and implementing models for rolling forecasting
• Developing and implementing Balanced Scorecards and other management reporting tools
• Analyzing, designing and implementing Shared Services and/or outsourcing of finance functions

There are four main areas of focus in F&PM organized around the CFO’s agenda: Corporate Finance, Enterprise Performance Management, Finance Function Management and Risk Management.

Corporate Finance
Corporate Finance assists CFOs in developing the necessary corporate finance capabilities to enable high performance for the organization. This is done by helping the client to better understand their organization’s finance function, improve efficiency and effectiveness and align the finance function with the strategic objectives of the organization. Our goal is to help the client enhance the corporate value of the business without taking excessive financial risks. By investing in their finance capabilities, CFOs support their organization’s model, strategic objectives and future growth expectations.

Enterprise Performance Management
Enterprise Performance Management (EPM) allows organizations to link strategy with core business processes and activities to achieve high performance. EPM is about optimizing the organizations ability to identify, organize and analyze financial, operational and market information. By creating methods for enterprise analytics, reporting, planning, budgeting and forecasting, Accenture helps the client manage performance towards sustainable shareholder value.

Finance Function Management
Without an effective finance function, the other more advanced capabilities that all CFOs strive to obtain are difficult to achieve. Finance Function Management solutions support the CFO with the planning and implementation of back-office services, helping to increase operating efficiencies, improve service and drive cost reductions. Key words are: finance & accounting outsourcing, post merger integration, optimization of overhead, shared services, procure to pay, order to cash, record to report, enabling technologies, working capital reduction and workforce transformation.

Risk Management
Risk Management focus on transforming the risk management functions from a series of isolated transactions to one of strategic scope and importance, encompassing all aspects of the entity, including investment, financing and operating decisions. The rapid evolvement and volatility of today’s world has increased the importance of Risk Management, not only to traditionally exposed industries, such as insurance, but also to industries where historical returns have been predictable and stable, such as products.

F&PM Community & Communication
In addition to interesting and challenging work there are professional and social gatherings arranged on a regular basis within F&PM

• Community meetings: professional and social gatherings arranged approximately five times a year, where one is given an update on topics of current interest and F&PM projects ongoing at client sites.
• Department meetings: Regularly meetings within F&PM’s four focus areas where developing professional knowledge is the focal point.
• F&PM After work: Social gatherings with different topics.