Senior Business Analyst

UM Canada; Toronto; Hybrid; CAD 85,000 - 110,000; Full time

Benefits offered by this job

Generous paid time off

Hybrid work model

Personal development opportunities

Global network of agencies

Employee resource groups

Job summary

Omnicom Media is seeking a Senior Business Analyst to oversee planning and monthly financial management for Mediabrands Canada agencies. You will identify, explain, and follow up on variances against budget/forecast, and prepare budgets and forecasts within deadlines.

The role requires collaboration with Client Account Leads and planning/client groups across agencies such as Initiative, UM, and others. The candidate will work with Hyperion and Vantage (SAP), prepare monthly financial reports,

Qualifications

• Professional or Educational background in Marketing or Advertising would give leverage to this applicant.
• Obtained or close to completing an accounting designation.
• Mid / Intermediate level of Financial or Accounting experience, preferably in media agency or advertising industry.
• Excellent communication skills (both written and verbal).
• Excellent interpersonal skills, and strong internal and client relationship skills.
• Professional organization and time-management skills.
• Self-motivated, independent thinker and problem solving.
• Proficient in Microsoft Office suite (PowerPoint, Word, Excel).
• Proficiency in financial systems preferred.

Responsibilities

• Preparing monthly, quarterly and yearly financial reports and variance analyses for multiple stakeholders.
• Investigating, explaining, and resolving variances (current vs forecast, current vs prior years).
• Preparing and analyzing client profitability, utilization, and staff allocation and making performance improvement recommendations.
• Coordinating with revenue recognition team to ensure client agreements and revenue methods are in place.
• Preparing and loading budgets and forecasts.
• Ensuring internal tools (Hyperion, Vantage SAP) are loaded and consolidated.
• Liaising with media account groups for revenue position updates by client vs forecast.
• Coordinating with Client Finance Analysts and Shared Services to bill properly across systems.
• Monitoring accounts receivable and following up to keep balances under 90 days.
• Streamlining processes and presenting improvements to move the tool and company forward.
• Performing other duties/ad hoc projects within the scope of this role.

Job description

The role ofSenior Business Analyst handles the planning and monthly financial management process for one of Mediabrands Canada’s (MBC) agencies. The role is responsible for identifying, explaining, and following-up on all actual variances against budget/forecast, as well as preparing budgets and forecasts within the deadlines. This role involves substantial interaction and collaboration with the Client Account Leads as well as other team members in the Planning and Client groups that are part of MBC. MBC agencies include Initiative, UM, Media Experts, Orion, Reprise Digital, and Matterkind

RESPONSIBILITIES

• : Preparing monthly, quarterly and yearly financial reports and variance analyses for multiple stakeholder
• s;Investigating, explaining, and resolving all variances where applicable (current vs. forecast, current vs. prior years, quarter vs quarter, etc
• .;Preparing and analyzing results on client profitability, employee utilization, and staff allocation to identify any issues and make recommendations for performance improvements where applicabl
• e;Coordinating with the revenue recognition team to ensure client agreements are in place for all clients and determine appropriate revenue recognition method
• s;Preparing and loading budgets and forecast
• s;Ensuring internal tools, Hyperion and Vantage (SAP), schedules are loaded and consolidated appropriatel
• y;Liaising with the Media account groups on an on-going basis for updates on current revenue position by Client versus forecast, and for updates on new business revenue stream
• s;Coordinating with the Client Finance Analysts / Omaha Shared Services to ensure that Client fee and commission billings are set up properly across the various systems (DDS, Vantage (SAP)
• );Monitoring Client accounts receivable (A/R), aging and following-up with Shared Services Collections and/or Client Service Teams to ensure receivable balances do not exceed 90 day
• s;Taking initiative to streamline and improve upon existing processes; providing tangible solutions for on-going and future challenges; presenting well-researched ideas to take the tool and company forward; a
• ndPerforming other duties/ad hoc projects as assigned which are within the scope of this rol

QUALIFICATIO

• NS:Professional or Educational background in Marketing or Advertising would give leverate to this applicati
• on.Obtained or close to completing an accounting designati
• on;Mid / Intermediate level of Financial or Accounting related experience, preferably media agency, marketing or advertising related industry experien
• ce;Excellent communication skills (both written and verba
• l);Excellent interpersonal skills, and strong internal and client relationship skil
• ls;Professional organization and time-management skil
• ls;Self-motivated, independent thinker and problem solv
• er;Proficient in Microsoft Office suite (i.e. PowerPoint, Microsoft Word, and Excel);
• andProficiency in financial systems preferr

5,000 Omnicom Media is providing the compensation range that the company is willing to pay for this position based on the successful applicant’s education, experience, knowledge, skills and abilities. In addition, Omnicom Media provides rewarding offerings su

• Generous paid time off with a minimum of 37 paid days off including vacation and monthly wellness days. We also have four-day long weekends, half-day summer Fridays, and meeting-free Friday afternoons year‑round.
• A flexible hybrid work model that works for you.
• A focus on personal development with formal training opportunities, including mental health training and inclusion education for everyone.
• A chance to be part of and grow within a global network of agencies.
• The opportunity to contribute to our company culture by joining one of our many community-based employee groups, such as Black Employee Network, Girls on Fire, Hispanic or Latinx Alliance, Neuro Network, Pan-Asian Network, and Rainbow Lounge.

Omnicom is an equal opportunity employer, committed to providing equal employment opportunities to all employees and applicants without regard to race, colour, ethnicity, gender, age, religion, creed, national origin, sexual orientation, gender identity, marital status, citizenship, genetic information, disability, or any other basis prohibited by applicable federal, provincial, or municipal law. If you require an accommodation in any aspect of the selection process, please reach out to [e-mail]