Description
Position at GroupM
Manager, Client Finance
Overview:
Responsible for providing financial management and analysis for Wavemaker's client finance group as well as global budget management and support for Wavemaker's key clients. Provide financial analysis and reporting in order to inform financial business decisions and ensure all financial aspects of each client are properly managed. Provide finance support to client media teams and monitor client media budgets. Forecast company revenue/billings, review scopes of work, and price staff plans. Serve as the primary day-to-day finance client contact for several global clients. Be the Wavemaker point person for all Sarbanes-Oxley (SOX) compliance requirements. Work closely with GroupM on instituting and managing monthly and quarterly SOX processes.
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Your Impact:
- Forecast, analyze and report revenue by client consistent with Wavemaker policies and GAAP; analyze resource allocation and utilization; analyze company profitability by client and by individual service line (planning, buying, interaction, etc).
- Support overall budgeting and re-forecasting efforts; submit Monthly Flash, Quarterly Forecast and Annual Operating Budget
- Collaborate with regional Finance leads to consolidate financials for global review
- Manage accounts payable and accounts receivable processes to ensure timely billing and sufficient cash flow for the agency. Oversee the collection of past-due accounts; ensure adherence to contract billing policies; provide summaries of monthly billing and reconciliations
- Be the Wavemaker lead on all SOX compliance items, including: working with Controllership on implementation and monitoring, working with the Client Finance team on monthly processes to satisfy WPP control requirements, being the point person on all SOX compliance matters both internally and externally.
- Partner with client Account Directors to maintain expert and fluid knowledge of client's business models, contractual arrangements, key strengths, and opportunities.
- Proactively document and follow up on any budgeting, billing, invoicing, or payment issues that pertain to Clients.
- Serve as thought leader and key point of contact with Legal team during contract negotiations involving client portfolio.
- Manage day to day Finance responsibilities on Clients including but not limited to client/product/job set up, production invoices, ad hoc reporting, and vendor payment issues.
Your Qualifications:
- 5-7 years' experience in finance and accounting
- Bachelor's Degree in accounting, Finance, or Business
OR equivalent professional work experience - Audit/Compliance background preferred
- Marketing & Communications Services / Media and Advertising industry experience desired, experience in Digital media a plus
- Strong written and oral communication skills
- Detail-oriented with ability to see big picture and work on diverse projects
- Proactive mindset with ability to provide creative solutions to complex problems
- Strong time management and organizational skills; ability to work independently
- Exceptional Microsoft Office skills, especially Excel and PowerPoint
Life at GroupM & Benefits
Our passion for shaping the next era of media includes investing in our employees to help them do their best work, and we're just as committed to employee growth as we are to responsible media investment. GroupM employees can tap into the global GroupM & WPP networks to pursue their passions, grow their networks, and learn at the cutting edge of marketing and advertising. We have a variety of employee resource groups and host frequent in-office events showcasing team wins, sharing thought leadership, and celebrating holidays and milestone events. Our benefits include competitive medical, vision, and dental insurance, significant paid time off, preferential partner discounts, and employee mental health awareness days.
GroupM is an equal opportunity employer and considers applicants for all positions without discrimination or regard to particular characteristics. We are committed to fostering a culture of respect in which everyone feels they belong and has the same opportunities to progress in their careers.
We believe the best work happens when we're together, fostering creativity, collaboration, and connection. That's why we've adopted a hybrid approach, with teams in the office around four days a week. If you require accommodations or flexibility, please discuss this with the hiring team during the interview process.
GroupM is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with GroupM, please send an e-mail to GroupM Leave Administration at [email protected] or call (212) 297-8507 and let us know the nature of your request and your contact information.
The base salary for this position at the time of this posting may range from $60,000 to $140,000. Individual compensation varies based on job-related factors, including business needs, experience, level of responsibility and qualifications. We offer a competitive benefits package, please visit https://www.wpp.com/people/wellbeing/benefits-at-wpp-in-the-us for more details.