Senior Finance Manager
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.