Client Finance Lead

Omnicom Global Solutions; Gurgaon; Hybrid; INR 1,800,000 - 2,800,000; Full time

Job summary

Omnicom Global Solutions in Gurgaon/Hyderabad seeks an experienced Lead with strong finance accounting and analytical skills to support business finance teams. You will work closely with Global Agency Finance teams to ensure strong financial performance and timely job lifecycle management.

The role requires 6–9 years of FP&A/R2R experience, proficiency in Excel, familiarity with US GAAP, and the ability to work in a hybrid model with office presence three days a week.

Qualifications

• Bachelor's or Post Graduate Degree in accounting or finance with 6-8 years of FP&A Operations experience.
• Experience in R2R processes preferred.
• Proficient in Advanced Excel and ability to learn ERP/BI tools quickly.

Responsibilities

• Approve job creation in SAP Vantage and manage job lifecycle and closure within timelines.
• Approve SAP estimates with supporting documentation.
• Post soft costs to clear WIP and review WIP daily.
• Prepare cost transfers and write-off forms with account leads.
• Issue and distribute client and intercompany invoices via portal or email.
• Monthly review of accruals and ensure revenue accruals are minimized.
• Close jobs within 3 months of completion and provide commentary on aged WIP.
• Support revenue recognition processes and train team members as needed.

Skills

FP&A

R2R

US GAAP

WIP

Education

Bachelor's/PG in accounting or finance

Tools

Microsoft Dynamics AX

MediaOcean

Hyperion Financial Management

Job description

Overview

Notice Period - Immediate Joiners only.

Work Location- Gurgaon/ Hyderabad

Work Hours - 02:00 PM - 11:00 PM

Work Mode - Hybrid (3 days from the office/week)
Experience - Required: 6–9 Years

Skills - FP&A, R2R, US GAAP, WIP

About the role

OGS India is seeking a Lead with strong Finance accounting and analytical skills to help support the business finance teams that continues to deliver strong financial performance. This might be a great fit if you have a strong flair of analytical and accounting skills and would like to be part of a growing team. You will be closely working with our Global Agency Finance teams.

Responsibilities

• Responsible for approving job creation in the accounting system (SAP Vantage), managing job life cycle and closing jobs in a timely manner.
• Responsible for approving job system (SAP) estimates with supporting documentation
• Responsible for posting soft costs to clear WIP
• Responsible for weekly review of the WIP and job details reports
• Identify and prepare, with account leads, write off forms and requests for cost transfers
• Issue and distribute Client and Intercompany invoices to client portal/email and file documentation
• Responsible for monthly review of the accrual/deferred revenue balance and ensuring revenue accruals are kept to a minimum
• Close jobs within 3 months of completion
• Responsible for providing commentary on monthly aged WIP and Debtors report
• Support resolution of invoice related client queries upon request
• Support Commercial Finance Manager in running monthly revenue recognition process (including ETCs preparation, Vantage contract creation and Vantage SoW creation and allocation).
• Train when requested team members from different areas of the business such as project management, account management and/or Finance.
• Manage the debtor accounts for prescribed clients ensuring that monies are collected as prescribed in client agreements and queries are resolved, in conjunction with relevant internal teams, in a timely fashion.

Qualifications

This may be the right role for you if you have:

• Bachelors or Post Graduate Degree in accounting or finance with 6-8 years of experience in business FP&A Operations (mandatory).
• Having prior experience into R2R processes is (Preferred)
• Proficient in Advanced Excel and ability to quickly learn any new ERP or BI Tools
• Having Good Knowledge of US GAAP.
• Flexibility to take up different assignments and not limit oneself to specific set of activities
• Ability to work both independently and in a team oriented, collaborative environment
• Flexible and Result Oriented with Strong Written & Oral Communication Skills
• Experience in Microsoft Dynamics AX, MediaOcean, and Hyperion Financial Management tool is a plus

Desirable Skills & Attributes

• FP&A
• Finance Operations, R2R