Basic Information

Location
NY NY 100 W 33rd
Posted Date
09-Mar-2022
Department
Finance - Client
Agency
Solve(d)
Job Code
140379
Job Type
Regular

Job Description

JOB SUMMARY

Comments
We are currently seeking an Associate Director, Client Finance for our Client Finance Department reporting into the SVP, Director of Client Finance. This position will provide guidance and financial support to client account teams, monitor client budgets, forecast client revenue and report on client profitability. This position will also be responsible for supervising jr staff. Job responsibilities include reviewing/assisting in the creation of job proposals, budgets and client staffing plans; ensuring adherence to contract billing policies; assisting jr staff with summaries of monthly billing and reconciliations; and support SVP, Director of Client Finance with financial analysis and reporting as required. The successful candidate will have strong analytical skills, financial analysis and/or accounting experience in an advertising or service industry environment strong Microsoft Excel and Word proficiency, a positive outlook and imagination and excellent oral and written communication skills. General accounting and/or financial analysis experience required as well as a Bachelor's Degree in Accounting or Finance.
ESSENTIAL FUNCTIONS
 
Financial Reporting
Ensure all agency financial requirements are met including but not limited to the monthly closes, utilization/profitability report, special project reporting
 
Job Management
Review and assist with the creation of job proposals, budgets and client staffing plans. Ensure adherence to contract billing policies.
 
Team Management
Train and manage junior finance staff on data integrity, process optimization and better client management skills.

JOB DUTIES & RESPONSIBILITIES

Comments
• The Associate Director of Client Finance will proactively manage the client finances which includes in large part partnering with account teams for strategic and financial counseling. This finance role requires a lot of people skills and interaction with Clients and internal stakeholders.

• Team with Account, Project Managers, and Finance team leads to ensure client profitability and adherence to company and client processes.

• Assist SVP, Director of Client Finance to ensure all agency financial requirements are met including but not limited to the monthly closes, utilization/profitability report, special project reporting.

• Maintain and uphold client compliance requirements per contract.

• Bring consistency and financial discipline to the various processes, including staff plan, fee proposals and reconciliations. Continuously look to improve upon status quo in order to meet changing business needs.

• Assist the SVP, Director of Client Finance with the training, development, mentoring and management of the Client Finance team. This position will be the day-to-day go to for the client finance teams.

• Assist the SVP, Director of Client Finance with maintenance and implementation of finance processes (including Agency department trainings).

• Will own a portfolio of client accounts from a finance perspective and manage several Finance Analysts/Business Managers.

• Support the Finance analysts/Business Managers in review and analysis of client profitability, WIP, billing and AR.

• Oversee and ensure that all client fees and OOPs are billed accurately and timely.

• Work with the SVP, Director of Client Finance to ensure that Client Finance becomes and is thought of as a partner to the rest of the agency, in particular with Account Management.

• Identify opportunities for revenue and profit growth as well as identify areas of improvement.

• Report monthly revenue variances to the Chief Financial Officer and review revenue forecasts.

EDUCATION

DEGREE/DIPLOMA
AREA OF STUDY
REQUIRED/PREFERRED

Bachelor of Arts (BS)
Accounting or Finance

LICENSES & CERTIFICATIONS

N/A

EXPERIENCE

MIN EXPERIENCE
AREA OF EXPERIENCE
REQUIRED/PREFERRED

8 years
Advertising or Service Industry
Finance or Accounting
Managerial or Supervisory

KNOWLEDGE & SKILLS

 
Microsoft Excel
Proficient in advanced functions and formulas to perform VLOOKUP, pivot tables, charts, graphs and data capture
 
SAP
Possess advanced understanding of SAP systems
 
Microsoft PowerPoint
Possess basic to advanced knowledge of PowerPoint
 
Vantage/Fiori
Possess basic to advanced knowledge of Vantage/Fiori Systems

COMPETENCIES

 
Communication
Is attentive and shows interest in the subject; Expresses ideas clearly and accurately
 
Collaboration
Ability to work effectively in a team environment to build and foster collaborative environment
 
Detail Orientation
Acute attention to detail, with an emphasis on consistency and continuity.

OTHER INFORMATION

Comments
N/A

For U.S. Job Seekers

It is the policy of FCB 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.