About the position
This position, reporting to the VP Head of Global Commercial Finance, is a key member of the Global Commercial Finance team, which manages all commercial aspects of key Global clients for Omnicom Media Group (OMG). This team is dedicated to servicing the agency's premier global clients, many of which are Fortune 100 companies. The Global Commercial Finance team works to influence and drive global strategy related to OMG's remuneration and commercial terms for existing Global clients as well as prospective global clients. Additionally, this team provides financial stewardship regarding contract negotiations and remuneration discussions with global clients' finance and procurement teams. This individual will function in a day-to-day Commercial Finance contact role working with OMG senior management, agency brand leadership, the various global business leads in support of OMG's financial objectives for its global accounts, and engage with key client contacts in finance & procurement. Exceptional analytical skills, attention to detail and the ability to work in a team environment are a must. The Global Commercial team based in New York City is a key component of the Omnicom Media Group network. Members of our team regularly liaise with senior corporate management as well as with counterparts in our regional hubs (NA, EMEA, APAC, LATAM). This position will be a key participant of our global Finance team.
Responsibilities
- Provide strategic financial leadership of global accounts which includes providing innovative ways of working, financial stewardship and support to our global account teams as well as working with our global client's finance, legal, and procurement teams
- Lead the agency's efforts to perform scenario-based planning and financial analysis related to global account financials and proposals
- Proactively work with Global, Regional and Local CFOs and leadership in developing remuneration strategies that align and support OMG's corporate financial performance objectives
- Facilitate adoption of above strategies on a global basis by leveraging best practices across the network to drive uniformity and consistency in the network's commercial and remuneration approach
- Work with our Business Development team in supporting the financial elements of our new business activity including the coordination, review, analysis and finalization of commercial proposals related to global new business efforts
- Work with global account teams as a 'partner' and provide financial leadership to support and improve existing account profitability
- Provide insight and recommendations to further improve agency's internal management reporting related to global accounts
- Work with various constituents throughout the network on a regular basis (e.g. senior network executive management, regional finance teams, and regional executive management) to influence desirable outcomes related to agency's remuneration / contract negotiations
- Perform various ad hoc financial analyses related to global accounts and business development efforts
- Manage and support financial analysis related to parent holding company requests
- Manage the analysis and review for select corporate units' financial and operational performance, annual budgets and monthly reforecasts
- Manage and support contractual compliance audits & reviews performed by clients and third party auditors
- Assist in the professional development of financial analyst resources
- In-depth understanding of the various elements involved with client finance or sales finance are an inherent part of the job (e.g. pricing methodologies, cost accounting -- ideally practical training in controlling and finance area)
- Able to take feedback from various teams and successfully implement
Requirements
- Bachelor's of Science or graduate degree in Accounting / Finance
- 10-12 years of experience working in finance, accounting, and FP&A roles
- Big 4 Accounting Firm experience preferred, but not required
- Various enterprise applications including but not limited to IBM Cognos and Oracle Hyperion
- Experience in media or advertising industry is critical
Nice-to-haves
- MBA and/or CPA
Benefits
- 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
- STD/LTD insurance benefits
