
Groupm Senior Executive, Finance and Commercial
5 days ago
**Overview of job**
In this role, you will assist Commercial Finance Director for Agency/Company needs, handle daily finance operations & be first POC for any issues, and manage company associations. The role requires constant communicating and liaising with business associates and shared service. In addition, you will continuously assist to improve the Agency/Company’s procedures, standards or policies while sticking to business edicts and regulatory guidelines.
**3 best things about the job**:
- Opportunity to work for World Best Agencies under one roof
- Multi facets roles - working closely with relevant external and internal stakeholders regionally and locally
- Fast pace, demanding, fun loving and satisfying work environment.
**Measures of success -**
In three months:
- Be conversant with Agency/GroupM’s Legal/Finance Structure
- Support Commercial Finance Director on budgeting exercise
- Oversee day-to-day finance/commercial activities of Agency/GroupM and assist to prepare financial closing related & ad-hoc reporting. -Retrieval of agency’s financials - Monthly and Forecast cartesis reports
- Good understanding of all SOX /operation controls, compliances and key client contracts & commercial practices
- Able to build a good rapport with various stakeholders in Singapore hub and APAC markets.
- Familiar with cartesis system retrieval function
In six months:
- Support the quarterly forecasting processes and generate monthly financial and management reports for the agency.
- Support the implementation of improved business processes and training to Agency/ GroupM.
- Oversee day-to-day finance/commercial activities and issues of Agency/GroupM
- Assist in onboarding of new Clients and vendors onto GroupM’s system
- Able to collaborate with Agencies/GroupM and monitor on Client billings, fees, unbilled media expenses, cost allocation and aging by working closely with media team and SSC to resolve any discrepancies.
- Support the monitoring and review of timesheet records by agency to ensure improved quality of timesheet data.
In 12 months:
- Support Agency’s P&L, Balance sheet, Annual Budget/Quarterly/Monthly Forecast
**Responsibilities of the role**:
- Support Commercial Finance Director and Business Partners
- Provide support on build out a strong financial and operational processes for agencies and GroupM
- Review monthly financial closing, timesheet reporting, reporting performance delivery against the Quarterly and Monthly forecasting and Client Profitability under the coaching of Commercial Director.
- Prepare of agency/GroupM reports, coordination/review of agency/GroupM/regional requests/reports
- Preparation of quarterly FTE (Full Time Employees) reconciliations for Singapore hub
- Provide support to consolidate, monitor, review and analysis Quarterly and Yearly budgets/reforecast
- Support Commercial Finance Director to work with team leads to identify the issues of variances vs QRF/Budget/Actual, unbilled items to clients and aging issues, and any compliance issues to clients’ contracts.
- Assist in financial budgeting, and resolve discrepancies and meeting deadlines
- Ensure compliance of client and vendors contract and Revenue Recognition policies and guidelines
- Build out strong financial and operational processes, responsible for operational efficiency across business, integration with media, finance, IT and human resource.
- Ad hoc special project, new business initiatives, pitches & client audit
- Governance, Compliance, Risk & Reporting Monitor contract compliance and commercial terms
Risk and corporate governance management
- Working with client auditors, ensuring SOX compliance on agency’s matters, and compliance on clients’ contracts
- Any other work or duties assigned by the management
**What you will need**:
- At least 3-4 years of working experience, preferably in an advertising agency environment and people management skill is essential
- Analytical and attention to details
- Self-driven, forward looking, results-oriented with a positive and can-do attitude
- Ability to earn respect, articulate well and great communication skills
- Diligent and willing to be hands, 'roll up your sleeves', attention to details
- Flexibility and comfortable working in a fast pace matrix reporting environment, able to work with multiple stakeholders across finance, media in APAC markets.
- An effective and resourceful individual
- In depth knowledge of processes, tools and techniques.
**More about GroupM**
GroupM leads and shapes media markets by delivering performance enhancing media products and services, powered by data and technology. Our global network agencies and businesses enable our people to work collaboratively across borders with the best in class, providing them the opportunity to accelerate their progress and development. We are not limited by teams or geographies; our scale and diverse range of clients lets us be more adventurous with our business and tale
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