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Manager, Global Commercial Finance

IPG MediaBrandsNew York, NY

$100,000 - $120,000 / year

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Overview

Schedule
Full-time
Career level
Director
Remote
Hybrid remote
Compensation
$100,000-$120,000/year
Benefits
Career Development

Job Description

Agency:

Omnicom Media

Job Function:

Finance

Job Subfunction:

Client Finance

Job Description:

Manager, GCF

Position Summary

Omnicom Media (OM) serves as the global headquarters for Omnicom's media business and operates as a division within Omnicom Inc., a leading global marketing communications organization. Omnicom Media (OM) is the parent company of OMD, PHD, UM, Initiative, Mediahub and Hearts & Science brands, as well as our data capabilities. It operates in 50+ markets.

At Omnicom Media, our people are our greatest asset. We are committed to fostering an inclusive environment that attracts, engages and retains the best possible talent. Our diversity of experiences, backgrounds, locations, viewpoints and ideas is what makes us a great place to work and differentiates us as an employer of choice.

The Global Commercial Finance (GCF) department manages the financial and commercial aspects of our biggest global clients. GCF partners with agency leadership on client negotiations, introduces innovative compensation models, provides global financial leadership and best practices, and plays a critical role in new business pitches. The role is highly commercial and client-focused, involving consolidation and review of large data sets, as well as interface with regional and local market finance teams.

The Global Client Finance Manager will support the GCF team in managing these global client relationships.

Responsibilities:

New Business Pitches:

With other key members, analyse regional / local market data to prepare the final pitch submission

Consolidate and summarize large amounts of data into excel for VP/SVP to review

Ensure completeness of client deliverable templates by liaising with regional / local markets

Once the client is won, communicate key terms to markets and work with local agencies to ensure all financial issues/queries and procedures are working smoothly in the first few months

Work with regional / local markets to ensure all financial issues/queries and procedures are working smoothly in the first few months of winning a new client

Client Financial/Commercial Servicing & Internal Client Profitability:

We lead annual fee negotiations for our Global clients. The Manager will create data collection templates, consolidate local market proposals into Excel along with support by our Analyst, and perform an analytical review prior to review by the VP/SVP.

Within our contracts with clients, there are certain reporting requirements (e.g. rebate forecasts, unbilled media, staff tracking reporting). The Manager will work with our Analyst and regional / local markets to collect the relevant data and review the data

Work with Global Account Leads in ad-hoc finance needs while servicing the account.

Manage preparation of client Scope of Work (SOW), contract development/reporting (with legal)

Perform client profitability analysis to identify financial issues, and to inform client remuneration renegotiations.

Be a point of contact for markets to reach out with any questions regarding reporting requirements.

Assist in data collection and reporting for global client audits and consulting engagements.

Proactively ensure compliance across international markets prior to audits. Work as a main point of contact with regional finance teams to ensure all deliverables are on track to meet required client deadlines.

Support OM leadership and GCL with ad-hoc financial information and reports, sourcing data from various financial systems and files.

Required Skills & Experience

Bachelor's degree in finance, accounting, business or economics

4-6 years of relevant work experience

Strong analytical skills with excellent attention to detail

Strong Excel skills and proficiency with Microsoft Word, Outlook, and PowerPoint

Excellent written and verbal communication skills

Ability to deliver results, whether by taking initiative, managing through influence, or motivating teams through obstacles

Excellent time management skills with flexibility and adaptability

Professional demeanor and strong personal awareness

Openness to feedback and willingness to adjust approach based on input

Proactive, task-oriented, and collaborative team approach

Experience in media planning and/or buying (preferred but not required)

100,000-120,000

Omnicom's policy requires employees to work in the office for a minimum of three days a week, unless additional in-office days are directed by their agency or manager. Our objective is to increase this requirement over time, and many of our agencies as well as Omnicom's corporate group already require five days of in-office attendance.

Omnicom is committed to hiring and developing exceptional talent. We agree that talent is uniquely distributed, and we're focused on developing inclusive teams that can bring the best solutions to everything we do. We strongly believe that celebrating what makes us different makes us better together. Join us-we look forward to getting to know you. We will process your personal data in accordance with our Recruitment Privacy Notice.

Link to Recruitment Privacy Notice: https://www.omc.com/privacy-notice

For US Job Seekers:

It is the policy of Omnicom and any of its affiliates to provide equal employment opportunities to all employees and applicants for employment without regard to race, religion, color, ethnic origin, gender, gender identity, age, marital status, veteran status, sexual orientation, disability, or any other basis prohibited by applicable federal, state, or local law. EOE/AA/M/D/V/F.

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

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FAQs About Manager, Global Commercial Finance Jobs at IPG MediaBrands

What is the work location for this position at IPG MediaBrands?
This job at IPG MediaBrands is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at IPG MediaBrands?
Candidates can expect a pay range of $100,000 and $120,000 per year.
What employment applies to this position at IPG MediaBrands?
IPG MediaBrands lists this role as a Full-time position.
What experience level is required for this role at IPG MediaBrands?
IPG MediaBrands is looking for a candidate with "Director" experience level.
What benefits are offered by IPG MediaBrands for this role?
IPG MediaBrands offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at IPG MediaBrands?
You can apply for this role at IPG MediaBrands either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.