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Director, Commercial Finance

AT GroupM
GroupM

Director, Commercial Finance

New York, NY

Description

About WPP Media

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. For more information, visit wpp.com.

WPP Media is WPP's global media collective. In a world where media is everywhere and in everything, we bring the best platform, people, and partners together to create limitless opportunities for growth. For more information, visit wppmedia.com.

At WPP Media, we believe in the power of our culture and our people. It's what elevates us to deliver exceptional experiences for both our clients and each other. In this role it will be critical to embrace WPP & WPP Media's shared core values:

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  • Be Extraordinary by Leading Collectively to Inspire transformational Creativity.
  • Create an Open environment by Balancing People and Client Experiences by Cultivating Trust.
  • Lead Optimistically by Championing Growth and Development to Mobilize the Enterprise.

Role Summary & Impact

  • Establish role as Finance subject matter expert for a portfolio of clients from diverse industries and with diverse business models.
  • Work within a highly collaborative and fast-paced environment to provide financial rigor and strategic insight around business decisions that affect both client portfolio and Wavemaker.
  • Maintain accountability for proper forecasting, accounting, and recording of client Billings and Revenue consistent with Wavemaker policies and GAAP.
  • Lead the development and negotiation of Client contracts and compensation agreements with minimal supervision, ensuring that key contractual requirements are addressed and included; serve as key point of contact with Legal team during contract negotiations involving client portfolio.
  • Partner with client leads to maintain expert and fluid knowledge of client's business models, contractual arrangements, key strengths, and opportunities. Continually advise business partners and Wavemaker Finance Leadership on issues within client portfolio that impact the business.
  • Manage and coordinate global client relationships by working closely with other Wavemaker offices; become well versed in key global commercial clauses and address them as necessary during contract negotiations.
  • Develop, train, and motivate staff while holding them accountable for achieving results
  • Partner closely with WPP Media Controllers department to ensure proper and accurate recording and reporting of financial and accounting transactions.
  • Proactively document, follow up on, and close out in a timely fashion any budgeting, billing, invoicing, or payment issues that pertain to Clients or Wavemaker business.
  • Day-to-day interface with Finance and Procurement contacts at clients as well as Wavemaker Planning and Buying teams and principal media Buyers.
  • Frequent one-on-one meetings with Group Director, Client Finance and CFO to discuss client operations.
  • Partner closely with Wavemaker company WPP Media to ensure prompt cash collection.
  • Play a key role in supporting the new business team with RFP responses and pricing as needed.
  • Role provides an excellent opportunity to grow Finance career path within Wavemaker and Wavemaker parent company WPP Media.

Requirements

  • BS or MBA in Finance or Accounting.
  • 10+ Years' experience in Finance or Accounting.
  • Experience working through contract negotiations.
  • Strong knowledge of Finance and Accounting principles, including Financial Modeling, Budget and Profitability analysis, Variance Analysis, and Financial Reporting.
  • Demonstrated skill with Microsoft Excel performing complex data analysis including Pivot Tables and Macros.
  • Experience working within a matrix environment supporting multiple business partners.
  • Demonstrated ability to build strong working relationships and be inclusive of ideas.
  • Communicates clearly, accurately, and succinctly both verbally and in writing.

Life at WPP Media & Benefits

Our passion for shaping the next era of media includes investing in our employees to help them do their best work, and we're just as committed to employee growth as we are to responsible media investment. WPP Media employees can tap into the global WPP Media & WPP networks to pursue their passions, grow their networks, and learn at the cutting edge of marketing and advertising. We have a variety of employee resource groups and host frequent in-office events showcasing team wins, sharing thought leadership, and celebrating holidays and milestone events. Our benefits include competitive medical, group retirement plans, vision, and dental insurance, significant paid time off, preferential partner discounts, and employee mental health awareness days.

WPP Media is an equal opportunity employer and considers applicants for all positions without discrimination or regard to particular characteristics. We are committed to fostering a culture of respect in which everyone feels they belong and has the same opportunities to progress in their careers.

We believe the best work happens when we're together, fostering creativity, collaboration, and connection. That's why we've adopted a hybrid approach, with teams in the office around four days a week. If you require accommodations or flexibility, please discuss this with the hiring team during the interview process.

WPP Media is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with WPP Media, please send an e-mail to WPP Media Leave Administration at [email protected] or call (212) 297-8507 and let us know the nature of your request and your contact information.

The base salary for this position at the time of this posting may range from $100,000 to $230,000. Individual compensation varies based on job-related factors, including business needs, experience, level of responsibility and qualifications. We offer a competitive benefits package, please visit https://www.wpp.com/careers/wellbeing/benefits-at-wpp-in-the-us for more details.

Please read our Privacy Notice (https://www.wppmedia.com/pages/privacy-policy) for more information on how we process the information you provide.

While we appreciate all applications received, only those candidates selected for an interview will be contacted.

Client-provided location(s): New York, NY, USA
Job ID: MediaCom-oqeFvfwy
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • HSA With Employer Contribution
    • Mental Health Benefits
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Snacks
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K) With Company Matching
  • Professional Development

    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Access to Online Courses