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Assistant Analyst - Finance & Compliance

Omnicom Media Group
New York, NY Full Time
POSTED ON 1/13/2025 CLOSED ON 1/25/2025

What are the responsibilities and job description for the Assistant Analyst - Finance & Compliance position at Omnicom Media Group?

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 Accounting and Compliance Junior Analyst will be responsible for assisting in the management of OMnet guidelines and regulations to ensure established processes are being followed per client and within the organization & will be responsible for monthly close journal entries, monthly forecasting and any Ad Hoc projects for the FP&A team.

Roles And Responsibilities

Risk & Compliance

  • Assist in the oversight of OMnet risk management – managing supplier and client credit risk and ensuring OMnet is compliant with Omnicom’s credit policy
  • Assist in managing the internal controls over the tracking and documentation of client opt-ins, approvals, and record retention
  • Collect and document audit support for AUP, client and Financial audits throughout the fiscal year during yearly audits
  • Coordinate with legal and operations to certify all contractual requirements relating to OMnet are met
  • Provide required client payment terms and insurance documentation to investment teams for prospective clients

Accounting & FP&A

  • Prepare monthly Income Statement and Balance Sheet journal entries
  • Gather support schedules for inter/intra company allocations, accruals, and corresponding journal entries
  • Assist with monthly/quarterly/full year financial forecasting
  • Investigate and prepare variance analysis for month-end close versus forecast, quarter over quarter, and year over year changes
  • Load month-end actuals and forecast into financial systems
  • Process vendor invoices and set up new vendors as needed
  • Ad-hoc projects and reporting using Excel, TM1, Hyperion. Reports include but are not limited to: Client Revenue and Cost Reconciliations, Payroll schedules, Balance sheet analysis

Requirements

  • Finance/Accounting degree preferred
  • 0-2 years of Financial Planning and Accounting experience required
  • Experience in media or advertising industry a plus
  • High proficiency in Excel including pivot tables, lookups, sumif, complex formulas, charts, etc.
  • Strong analytical and problem-solving skills
  • Work well independently and on teams
  • Tenacity to follow-through on open items to complete assignments and meet deadlines
  • Strong organizational skills with ability to prioritize and multi-task in a fast-paced environment
  • Ability to quickly grasp new concepts and follow instructions
  • Strong interpersonal skills to interact within team and across functions
  • Excellent written and verbal communication skills
  • Detail oriented
  • Proactive “can-do” attitude.

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

$45,000—$45,000 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 : $45,000

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