Manager, Media Finance

Initiative; New York (NY); On-site; USD 80,000 - 85,000; Full time

Benefits offered by this job

Medical and dental coverage

401(k) plans

Flex spending

Life insurance

Disability insurance

Employee discount program

Employee stock purchase program

Paid family benefits

Job summary

Initiative in New York, NY is seeking a Media Finance Manager to oversee all budget management for client projects and to serve as the primary liaison for financial matters across the client services team.

The role requires 5+ years of hands-on budget management in the media space, strong Excel skills, and an ability to manage multiple projects with a client-focused mindset. A comprehensive benefits package accompanies the role.

Qualifications

• 5+ years’ work experience with hands-on budget management experience, preferably within the media industry.
• Ability to thrive in a fast-paced, client-service environment with urgency and a positive attitude.
• Strong knowledge of multiple media types including network, television, radio, local, print, and digital.
• Excellent organization, multitasking, and follow-through skills.
• Proficiency with budgeting systems and Excel.

Responsibilities

• Oversee all activities related to client budget management from receipt to spend to reporting.
• Provide core support and supervision of the media finance workflow.
• Lead policy development to optimize media finance operations and efficiency.
• Maintain strong client relationships as the primary budget management contact.
• Train staff on billing processes to ensure contractual compliance.
• Act as liaison between finance and Client Teams and between agency and client.
• Present Budget Reports to clients and internal stakeholders.
• Review media purchases and track discrepancies.
• Monitor accounts payable and ensure timely close of monthly books.

Skills

Budget management

Team player

Attention to detail

Media types knowledge

Project management

Excel proficiency

Education

Bachelor’s degree in Business

Tools

Donovan Data System

Brand FX System

Job description

Agency

Initiative

Job Function

Finance

Job Subfunction

Finance Operations

Job Description

We are looking for a Media Finance Manager, who oversees and coordinates all aspects of client budget management. This position acts as the relationship and account manager for all financially related client matters.

Responsibilities

• Being responsible for all activities related to client budget project management from the point of receipt of the client’s approval to spend at the front-end to the compilation and presentation of the budget report and review accounts receivable on the back end
• Providing core support, as well as overall supervision of the media finance workflow
• Developing and implementing sound business management policies and practices within the Media Finance Team, leading to the efficient and effective operations of the Group and the media finance process specifically
• Establishing and nurturing strong client relationships, serving as the primary contact for all client budget management deliverables and troubleshooting as needed to meet client expectations
• Monitoring and training staff involved in the various billing processes to ensure compliance with contractual obligations in the delivery of client services
• Serving as a liaison between finance and the Client Team(s)
• Serving as the primary liaison between the agency and the client for budget management issues
• Acting as the single dedicated point of contact for all aspects of client billings for the Group Account Director and other members of the Client Service Team and key client personnel
• Reviewing of all media purchases
• Tracking discrepancies
• Reviewing and analyzing accounts payable
• Attending periodic internal client-related or departmental meetings
• Being responsible for presentation of the Budget Report to client(s)

Qualifications

• 5+ years’ work experience with hands-on budget management experience, preferably within the media industry
• A team player, be bright, a quick learner, and excellent problem solver with strong interpersonal skills
• Experience in a fast-paced, client service environment; a high sense of urgency, a positive attitude
• Knowledge of all media types (network, television, and radio, local, print, out-of-home, direct and digital)
• Must be able to manage multiple projects and deadlines, is proactive, detail oriented, and must possess outstanding follow-through skills
• Strong proficiency utilizing Donovan Data System, Brand FX System preferred with superior Excel skills
• Bachelor’s degree required in Business

Wage And Benefits

We offer a Total Rewards package that includes medical and dental coverage, 401(k) plans, flex spending, life insurance, disability, employee discount program, employee stock purchase program and paid family benefits to support you and your family.

The salary range for this position is posted below. Where an employee or prospective employee is paid within this range will depend on, among other factors, actual ranges for current/former employees in the subject position, market considerations, budgetary considerations, tenure and standing with the Company (applicable to current employees), as well as the employee’s/applicant’s skill set, level of experience, and qualifications.

80-85K

Employment Transparency

It is the policy to provide equal employment opportunities to all employees and applicants for employment without regard to race, color, ethnicity, gender, age, religion, creed, national origin, sexual orientation, gender identity, marital status, citizenship, genetic information, veteran status, disability, or any other basis prohibited by applicable federal, state, or local law.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

The employer will make reasonable accommodations in compliance with the American with Disabilities Act of 1990. The job description will be reviewed periodically as duties and responsibilities change with business necessity. Essential and other job functions are subject to modification. Reasonable accommodations may be provided to enable individuals with disabilities to perform the essential functions.

For applicants to jobs in the United States: In compliance with the current Americans with Disabilities Act and state and local laws, if you have a disability and would like to request an accommodation to apply for a position, please email [e-mail].

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. Our objective is to increase this requirement over time, and many of our agencies as well as Omnicom’s corporate group already require five days of in-office attendance.

Omnicom is committed to hiring and developing exceptional talent. We agree that talent is uniquely distributed, and we’re focused on developing inclusive teams that can bring the best solutions to everything we do. We strongly believe that celebrating what makes us different makes us better together. Join us—we look forward to getting to know you. We will process your personal data in accordance with our Recruitment Privacy Notice.

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For US Job Seekers

It is the policy of Omnicom 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., 80-85K