Jobs · Finance · New York

Senior Finance Manager

Momentum Worldwide · New York, NY · 2 wk ago
Finance$95k–$110k/yrFull-time

About the role

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 managing all financial aspects of their accounts: negotiation of contractual terms of business, pricing recommendations, implementation of internal operating procedures, forecasting, budget tracking, and resource planning. The ideal candidate should be very “hands-on” and operationally oriented, with the capacity to balance big-picture strategy and detailed operational metrics.

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 toward meeting and exceeding financial targets.
  • Collaborate with account leads and ops/resourcing to create staff plans for annual Statements of Work (SOWs).
  • Participate in the negotiation process for client contracts or proposals, ensuring proposed and agreed-upon terms align with agency interests.
  • Participate in the negotiation process for key vendor contracts or proposals, ensuring proposed and agreed-upon terms align with agency interests.
  • Monitor, discuss, and analyze revenue forecasts on an ongoing 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 monthly closes, specifically on revenue recognition and potential write-offs.
  • Provide variance analysis between ongoing 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.
  • Review and approve freelance requests while managing and tracking monthly freelance budgets and accruals.
  • Manage and develop one direct report, fostering an environment of mutual respect, strategic thinking, open communication, ongoing performance feedback, and professional development.
  • Improve financial knowledge across disciplines by leading training sessions, enhancing awareness of how actions impact agency financial performance.
  • Support Momentum’s values.
  • Perform all other duties as required.

Requirements

  • Bachelor’s degree required, in Accounting or Finance.
  • 7+ years of finance experience.
  • 3+ years of agency experience, specifically on the commercial finance/client finance side of the business.
  • Agency experience strongly desired.
  • Exceptional verbal and written communication skills, adept at communicating effectively across all levels.
  • Great presentation and delivery skills; comfortable in meeting and conference call situations.
  • Ability to perform well in fast-changing environments.
  • Strong analytical skills to navigate complex financial situations and maximize results.
  • Ability to think on your feet.
  • Passion for helping and developing people, including being readily available to answer questions, offer support, and motivate success.
  • Strong work ethic: highly organized, diligent, and attentive to detail.
  • Demonstrated leadership utilizing a “people management philosophy” aligned with the Momentum model (e.g., timely reviews, solid management skills, growing/grooming talent).

Pay

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 factors such as actual ranges for current/former employees in the subject position, market considerations, location, budgetary considerations, tenure, standing with the company, and the employee’s/applicant’s background, experience, and qualifications.

Schedule

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.

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