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Omnicom Media Group · 1 day ago

Manager, Finance

New York, NY

Full-time

Hybrid

Mid, Senior Level

$90K/yr - $110K/yr

5+ years exp

Omnicom Media Group (OMG) is the media services division of Omnicom Group Inc., delivering transformational experiences for consumers, clients, and talent. The Manager, Client Finance will manage client financials including reporting, forecasting, and monthly close for OMG’s Strategic Business Units, collaborating with various teams to ensure accurate financial operations.

Marketing & Advertising

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 preparing and analyzing client profitability

Support development of pricing models and analyses for new and existing clients’ remuneration terms

Establish processes to provide strategic insights to Account Leads and Senior Management to help drive business decisions

Responsible for ensuring TM1 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

Responsible for updating agency burn reporting templates and OMG revenue reporting for forecasting and month end accruals

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

Provide up to date tracking of project status across planned, awarded, funded, and billed budgets, notifying leadership as identified thresholds are met or deviations from proposals realized

Coordination with automation and PM teams on dashboard updates and back-end data accuracy

Maintain a solid understanding of the client contracts, performing quality control audits of account to ensure contractual compliance and mitigate risk

Adherence to reporting deadlines for both client and finance calendar

Qualification

Operational finance experienceExcel proficiencyFinancial Reporting systemsAccountingFinance degreePeople managementDeadline drivenProactiveDetail-oriented