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The manager of client finance will be responsible for owning the end-to-end financial health of assigned client projects, with a particular focus on complex creative work and cross-functional engagements. This role will partner closely with client partners and delivery teams to ensure forecasts are accurate, budgets are realistic, and projects are delivered in line with financial targets.
Job Responsibility:
Strategic financial business partner to Client teams and Finance leadership helping to influence positive financial management and decision making supported by data
Development of monthly forecasts and annual Budget planning, with an ownership over revenue and expense planning, with oversight from the Director and VP
Partner with cross functional leads to develop strategies that drive profitable growth
Monitoring month-end close processes including but not limited to reviewing revenue recognition and journal entries, ensuring actuals are updated accurately and bringing forth any issues to be resolved for the following month
Draft or oversee preparation of financial reporting such as month end reports, and variance analysis. Recommending areas to improve reporting, where needed
Understand results and ability to respond to questions from Finance and Senior Leadership on key drivers impacting the P&L
Partner with the Sales, Client, Operations and Legal teams in new business efforts including pricing client proposals, assisting in responding to RFP/Is and the development of budgets to maintain healthy margins
Partner with Client leads, Legal and Finance leadership to review statements of work including analyzing and supporting the development of new pricing models or opportunities for increased revenue
Review monthly, quarterly, and annual revenue versus the forecast to provide commentary and determine whether we met or exceeded financial goals, including the tracking of client margins and profitability
Partnering with Client leads to maintain a strong knowledge of the client's business models, contractual arrangements, health of the business, and growth opportunities
Liaise with DEPT entities on intercompany transactions inclusive of reviewing and helping to set up intercompany contracts and projects within our PMP
Analyze, identify, and communicate areas of concern or suggested improvements within the Client Portfolio to both Finance and Client Leaders
Evaluate fees for client staffing plans and suggest staffing and margin recommendations with the support of Finance leadership
Ensure agency performance is consistent with contract obligations
Serve as the initial FP&A point of contact for client audits
Lead development and delivery of regular and ad hoc reporting for client teams and senior leadership, as needed
Lead the development of process improvement initiatives with minimal oversight from Finance Leadership
Ensure adherence to reporting deadlines for both client and finance calendars
Requirements:
Bachelor's degree in finance, accounting, or business preferred
advanced English
2-4+ years experience, with at least 2 years experience in an Agency
Experience working at a Media or Creative Agency is a plus
Proven experience managing project financials end-to-end, including forecasting, budgeting, billing, and invoicing
Strong forecasting and budgeting skills, with the ability to assess the financial health and trajectory of client projects
Knowledge of GAAP and IFRS accounting principles and their practical application related to revenue accruals preferred (ASC 606, IFRS 15)
Experience with Financial Systems
such as Anaplan and Netsuite nice to have
Exhibit judgment on when to elevate issues and when to resolve independently
Strong analytical orientation. Skills in financial analysis, including review of financial statements and analysis of key business metrics
Advanced proficiency in Microsoft Office with emphasis on Excel skills and Google Product Suite software applications
Forward thinking - challenges the status quo and proactively and creatively identifies opportunities for improvement
Ability to effectively work and communicate with both finance and non-finance stakeholders
Able to effectively manage workload, prioritize and streamline tasks to ensure accuracy and take “ownership-mentality” in work/clients/practices.
Nice to have:
Experience working at a Media or Creative Agency
Experience with Financial Systems
such as Anaplan and Netsuite
What we offer:
Premium healthcare through OSDE for the employee and their immediate family members
Mendel prepaid card with a monthly allowance for grocery purchases
Monthly reimbursements for Wi-Fi/electricity expenses
Monthly reimbursements for training/English classes