Manager, Client Finance

Agency:

Omnicom Media

Job Function:

Finance

Job Subfunction:

Client Finance

Job Description:

Manager Client Finance

Overview

As a leading global media network Omnicom Media Group (OMG) sets itself apart with an agile client-first approach that helps businesses thrive today and into the future. With more than 21000 employees globally OMG has the talent expertise and clout to deliver unprecedented levels of innovation for our clients. The group is comprised of global award-winning agencies Hearts & Science OMD and PHD. From leadership to entry-level talent we are a diverse mix of ages genders ethnicities skill sets and backgrounds. Unlocking the potential of our world-class talent is Omni the industrys first marketing operating system which transforms data into actionable insights for better business outcomes. This role will be on a highly visible team fully dedicated to the success of our client LOréal. For more than a century LOréal has devoted its energy innovation and scientific excellence solely to one business: Beauty. Their goal is to offer each and every person around the world the best of beautyin terms of quality efficacy safety sincerity and responsibility to satisfy all beauty needs and desires in their infinite diversity.

Position Description

The Manager Client Finance serves as a financial partner to client account leadership agency teams and internal finance stakeholders. This position is responsible for managing the financial operations of assigned client accounts including budgeting forecasting revenue recognition project accounting financial reporting and profitability analysis.

The Manager will provide clear financial insights identify risks and opportunities maintain strong financial controls and ensure the accuracy and timeliness of client-facing and internal reporting. This individual will also serve as a key liaison among account management media or project teams shared services and central finance.

Responsibilities

Client Financial Management:

• Manage the day-to-day financial operations of assigned client accounts.
• Own client budgets forecasts and financial tracking across projects or scopes of work.
• Serve as the primary finance partner to account management project management media planning investment and other client-service teams.
• Maintain accurate client budget documentation and ensure that changes are appropriately reflected across financial systems and reports and are audit ready.
• Develop a strong understanding of client agreements commercial terms and account-specific financial requirements.
• Communicate financial information clearly to both financial and non-financial stakeholders.
• Oversee the preparation and delivery of accurate and timely client invoices in accordance with contracts statements of work and approved budgets. Maintain supporting documentation for client billing and financial transactions.

Month-End Close and Financial Controls:

• Prepare accruals deferrals reclassifications and other journal-entry support as part of the month-end close process.
• Ensure revenue is recognized accurately and in accordance with applicable accounting requirements and agency policies.
• Analyze revenue costs staffing utilization and other business drivers affecting client profitability.
• Identify and communicate financial trends risks and opportunities to account and finance leadership.
• Collaborate with shared service teams and financial reporting teams on revenue and expenses billing collections payables and balance sheet reconciliations.

Budgeting and Forecasting:

• Prepare monthly quarterly and annual revenue and expense forecasts.
• Support annual budget and quarterly reforecast presentations.
• Prepare recurring financial reports forecasts budget updates variance analyses and management summaries.

Contract and Commercial Management:

• Review client contracts statements of work rate cards discounts incentives and rebates for financial accuracy and operational feasibility. Translate contractual requirements into billing revenue forecasting and reporting processes. Monitor financial activity against approved contractual terms and escalate potential compliance or commercial risks.

Financial Reporting and Analysis:

• Consolidate complex financial information into clear decision-useful reporting for client and agency leadership. Create presentations to communicate account performance and explain significant changes in revenue spending profitability cash flow and working capital. Respond to ad hoc financial requests and support special projects as needed. Maintain consistent reporting standards quality controls and submission timelines.

Qualifications

• 3 years Client Finance experience at a media agency is preferred College Degree in Finance Business Accounting or Marketing required or equivalent work experience. Knowledge of GAAP and ASC 606 revenue-recognition principles
• Ability to read and analyze financial statements
• Experience reviewing statements of work rate cards and other commercial agreements
• Familiarity with finance reporting tools such as MediaOcean Microsoft D365 TM1
• Experience in a fast paced client service environment; a high sense of urgency and a positive attitude. Exceptional written and oral communication skills required; with the ability to articulate clear and concise narratives for a variety of audiences
• Advanced use of Microsoft Excel (i.e pivot tables macros formulas queries etc)Ability to problem solve to develop solutions; Highly analytical
• Ability to work effectively with others in a team environment as well as work effectively autonomously

$50000-$95000

Omnicoms 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 Omnicoms 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 were 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 uswe 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: 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.

Required Experience:

Manager