Manager, Global Commercial Finance

Agency:InitiativeJob Function:FinanceJob Subfunction: Client FinanceJob Description:Manager, GCFPosition SummaryOmnicom 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 submissionConsolidate and summarize large amounts of data into excel for VP/SVP to reviewEnsure completeness of client deliverable templates by liaising with regional / local marketsOnce 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 monthsWork with regional / local markets to ensure all financial issues/queries and procedures are working smoothly in the first few months of winning a new clientClient 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 dataWork 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 & ExperienceBachelor’s degree in finance, accounting, business or economics4-6 years of relevant work experience Strong analytical skills with excellent attention to detailStrong Excel skills and proficiency with Microsoft Word, Outlook, and PowerPointExcellent written and verbal communication skillsAbility to deliver results, whether by taking initiative, managing through influence, or motivating teams through obstacles Excellent time management skills with flexibility and adaptabilityProfessional demeanor and strong personal awarenessOpenness to feedback and willingness to adjust approach based on inputProactive, task-oriented, and collaborative team approachExperience in media planning and/or buying (preferred but not required) 100,000-120,000Omnicom’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: 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. SummaryLocation: New York, New York, United States of AmericaType: Full time