Demo

Manager, Client Finance

Omnicom Media Group US
New York, NY Full Time
POSTED ON 1/21/2025
AVAILABLE BEFORE 4/18/2025

Omnicom Media Group (OMG), the media services division of Omnicom Group Inc. (NYSE : OMC) - delivers transformational experiences for consumers, clients, and talent. Powered by the Omni marketing orchestration system, OMG connects best-in-class capabilities that enable our full-service media agencies OMD, PHD, and Hearts & Science to deliver more relevant and actionable consumer experiences, more productive and proactive client experiences, and more collaborative and rewarding talent experiences for the more than 24,000 people serving the world's leading brands in OMG agencies around the globe.

The Manager, Client Finance manages client financials including reporting, forecasting and monthly close for the agency.

The team is seeking a Manager, Client Finance to support the Comfluence agency. The role will be client-facing working with both internal and external stakeholders. The ideal candidate would be proficient in Excel and data management, proactive, detail-oriented, deadline driven, have experience managing people as well as be able to work in a fast-paced environment. The role will report to the Executive Director, Finance and collaborate with the US client finance, Budget Management and FP&A teams.

Qualifications :

  • 6-8 years' experience in an operational finance environment (media / advertising / entertainment industry preferred)
  • Proficiency with Excel (must know pivot tables, formulas, vlookups, etc.)
  • Experience with Financial Reporting systems (i.e.,TM1 Platform Analytics)
  • Bachelors (or Masters) Degree in Accounting or Finance

Responsibilities :

  • Prepare month-end closing entries under tight deadlines along with updating internal budget changes
  • Manage detailed variance analysis of revenue and media spend on monthly and quarterly basis and work with Budget Management team and FP&A team to adjust projections
  • Developing and assisting with client fees including pricing and labor reconciliations
  • Assist with analyzing client profitability
  • Establish processes to provide strategic insights to Account Leads and Senior Management to help drive business decisions
  • Responsible for ensuring forecasting tool is accurate with regards to Billings and Revenue data
  • Ensure Sarbanes Oxley compliance with revenue recognition and internal controls across the Budget Management group
  • Understand results and respond to questions from management on their respective regions
  • Develop and implement sound business management policies and practices within the Finance Group
  • Assist in preparation of annual Plan presentation materials
  • Monitor and train staff involved in the various billing processes to ensure compliance of contractual obligations in the delivery of client services
  • Provide ad hoc analysis and reports as needed
  • Integral part of client finance team, working closely with project management (PM) and budget management (BPM) teams as well as client team leads and external agency counterparts
  • Primary lead of time entry compliance; running weekly and ad hoc reports, following up with team members on incomplete / incorrectly coded timesheets
  • Management of agency time code updates and communications following contract renewals and new awards
  • Maintaining time keeping records for current and prior months of service across all responsible teams in accordance with strict contractual and audit requirements
  • Calculating agency labor and overhead fees using hourly reports and client pricing parameters
  • Facilitation of month-end billing support, coordinating with client finance and BPM teams
  • Adherence to reporting deadlines for both client and finance calendars
  • Support in global coordination of day to day financial operations and reporting.
  • LI-JS2

    This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications / skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, benefits include : health insurance, vision insurance, dental insurance, 401(k), Healthcare Flexible Spending Account, Dependent Care Flexible Spending Account, vacation days, sick days, personal days, paid parental leave, paid medical leave, and STD / LTD insurance benefits.

    Compensation Range

    100,000-$120,000 USD

    This role is hybrid, requiring three (3) days per week in the office. The remaining two (2) days may be worked remotely. Specific in-office days will be discussed during the interview process, with flexibility to align with team needs. Please note that the number or required in-office days may be adjusted over time, potentially increasing the number of required in-office days based on business needs.

    Omnicom Media Group is An Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

    Review Our Recruitment Privacy Notice

    Salary : $100,000 - $120,000

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