Agency:
Momentum
Job Function:
Finance
Job Subfunction:
Finance Management
Job Description:
WHAT ARE WE LOOKING FOR
Reporting to the VP Director of Finance for Momentum US, the Senior Finance Manager will be a key strategic resource for senior business leaders within our New York office.
They will take a leading role in relation to the management of all financial aspects of their accounts: negotiation of contractual terms of business, pricing recommendations, implementation of internal operating procedures, forecasting, budget tracking, resource planning. The ideal candidate should be very “hands-on” and operationally oriented. The ideal candidate should have the capacity to be a “big picture” person who can also get into the details of very specific metrics in relation to day-to-day operations.
HERE’S WHAT YOU’LL DO (RESPONSIBILITIES)
- Partner closely with senior account leads and ops/resourcing to monitor the financial health of assigned accounts, have commercial discussions with clients, and track progress towards meeting and exceeding financial targets
- Collaborate with account leads and ops/resourcing to create staff plans for annual SOWs
- Take part in the negotiation process for client contracts or proposals, making sure that proposed and agreed upon terms are in line with agency interests
- Take part in the negotiation process for key vendor contracts or proposals, making sure that proposed and agreed upon terms are in line with agency interests
- Monitor, discuss, and analyze revenue forecasts on an on-going basis to develop an accurate view of material risks and opportunities against financial targets
- Analyze and share monthly financial metrics, such as revenue forecasts, direct labor costs, direct client expenses, margin, utilization, and realization
- Review financial results during the monthly closes, specifically on revenue recognition and potential write-offs
- Provide variance analysis between on-going forecasts and actuals
- Manage specific monthly/quarterly/ad hoc client and IPG reporting requirements, such as retainer burn and deliverables tracking across multiple workstreams
- Assist in managing and tracking client staffing budgets across disciplines
- Assist in reviewing and approving freelance requests while managing and tracking monthly freelance budgets and accruals
- Management and development of 1 direct report while fostering an environment of mutual respect and partnership, strategic thinking, appropriate risk taking, open lines of communication, on-going performance feedback, and professional development
- Improve financial knowledge across disciplines through leading training sessions, resulting in an improved awareness on how actions impact agency financial performance
- Supporting Momentum’s values
- All other duties as required
HERE’S WHAT WE’RE LOOKING FOR (QUALIFICATIONS & REQUIREMENTS)
- Bachelors Degree required, in Accounting or Finance
- 7+ years finance experience
- 3+ years agency experience, on the commercial finance / client finance side of the business
- Agency experience strongly desired
- Exceptional verbal & written communication skills and adept at communicating effectively across all levels
- Great presentation and delivery skills. Must be very comfortable in meeting and conference call situations.
- Ability to perform well in fast changing environments.
- Ability to navigate through complex financial situations to maximize results with strong analytical skills.
- Ability to think on your feet
- A passion to help and develop people – making yourself readily available to answer questions and offer support, and the ability to motivate people to succeed
- Strong work ethic – highly organized, diligent and attentive to detail
- Demonstrated leadership utilizing a “people management philosophy” that fits within the Momentum model (reviews done on timely basis, solid management skills, growing/grooming our people, etc.)
The salary range for this position is $95,000 - $110,000. Where an employee or prospective employee is paid within this range will depend on, among other factors, actual ranges for current/former employees in the subject position; market considerations; location and region; budgetary considerations; tenure and standing with the company (applicable to current employees); as well as the employee’s/applicant’s background, pertinent experience, and qualifications.
Omnicom’s policy requires employees to work in the office for a minimum of three days a week, unless additional in-office days are directed by their agency or manager. Our objective is to increase this requirement over time, and many of our agencies as well as Omnicom’s corporate group already require five days of in-office attendance.
Omnicom is committed to hiring and developing exceptional talent. We agree that talent is uniquely distributed, and we’re focused on developing inclusive teams that can bring the best solutions to everything we do. We strongly believe that celebrating what makes us different makes us better together. Join us—we look forward to getting to know you. We will process your personal data in accordance with our Recruitment Privacy Notice.
Link to Recruitment Privacy Notice: https://www.omc.com/privacy-notice
For US Job Seekers:
It is the policy of Omnicom and any of its affiliates to provide equal employment opportunities to all employees and applicants for employment without regard to race, religion, color, ethnic origin, gender, gender identity, age, marital status, veteran status, sexual orientation, disability, or any other basis prohibited by applicable federal, state, or local law. EOE/AA/M/D/V/F.