Agency:
Omnicom Media

Job Function:
Media

Job Subfunction:
Media Operations

Job Description:

Next Beauty Co-Lab
Manager, Media Finance
Overview
This role will be on a highly visible team, fully dedicated to the success of our client, L'Oréal. For more than a century, L'Oréal has devoted its energy, innovation, and scientific excellence solely to one business: Beauty. Their goal is to offer each and every person around the world the best of beauty in terms of quality, efficacy, safety, sincerity and responsibility to satisfy all beauty needs and desires in their infinite diversity.

Position Description
The Media Finance Manager will manage the daily financial workflows for our key international beauty brand client account. This role encompasses all financial transactions, including but not limited to client budget reporting, planned versus actual, projections and forecasts, client billing, discrepancy management, client receivables, and vendor payables. This individual is a trusted liaison among the Media Strategy team, internal finance, and the client. The Manager acts as the primary internal contact for account teams regarding financial compliance and system processes, ensuring seamless collaboration between media execution teams and the agency's central finance department.
Responsibilities
Client Budget Management: Manage the ongoing tracking of client budgets. Prepare weekly and monthly budget utilization reports, working closely with planning teams to ensure forecasts align with actual expenditures.
Financial Reporting & Analysis: Prepare and present financial reports, budget variance analyses, and forecasts to both internal leadership and the client. Development of cash projections and management of cashflow. Analysis and communications of trends and risk to key stakeholders.
Media Reconciliation & Billing: Oversee the end-to-end media billing cycle. Ensure all executed media spend is accurately matched to insertion orders, reconciled within financial systems (e.g., Mediaocean), and all media purchases are reviewed and that invoices are generated accurately and in a timely manner. Monitor client receivables and track discrepancies to ensure resolution.
Process Improvement & Compliance: Accounts Payable/Receivable Oversight: Coordinate with central AP/AR teams to resolve discrepancies in vendor payments and client receipts specific to the beauty brand account. Troubleshoot billing issues as they arise.
Accounts Payable/Receivable Oversight: Oversee transactional operations with client, vendor and internal AP/AR teams to resolve discrepancies in vendor payments and client receipts specific to the beauty brand account. Troubleshoot billing issues as they arise.
Cross-Functional Collaboration: Serve as the key financial liaison to the account management, media planning, and buying teams. Provide training and guidance on proper financial procedures and system usage. Resolve budget and billing issues with these teams.
Audit Support: Act as the point of contact for client-side or third-party auditors regarding specific campaign expenditures, providing detailed documentation and explanations.

Compensation Range: $75,000-100,000 annually. This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, Benefits include: health/vision/dental insurance, 401(k), Healthcare Flexible Spending Account, Dependent Care Flexible Spending Account, vacation, sick, personal days, paid parental leave, and paid medical leave, STD/LTD insurance benefits.
Qualifications
- 2+ years Media/Finance experience at a media agency is preferred
- College Degree in Finance, Business, Accounting, or Marketing required or equivalent work experience
- Familiarity with finance reporting tools, such as MediaOcean, DDS, PRISMA, CONTACTS, SAP, and MediaTools/Planit
- Experience in a fast paced, client service environment; a high sense of urgency, and a positive attitude.
- Exceptional written and oral communication skills required; with the ability to articulate clear, and concise narratives for a variety of audiences
- Advanced use of Microsoft Excel (i.e, pivot tables, macros, V Lookups, etc)
- Ability to work with scaled excel spreadsheets
- Strong attention to detail focusing on accuracy of data sets, data classification, and association numerical information
- Ability to cross-check formulas & related numbers across systems and reports
- Ability to problem solve to develop solutions; Highly analytical
- Strong project management skills and deadline management with reliance on collaboration across multiple teams
- Ability to work effectively with others in a team environment as well as work effectively autonomously
- Take ownership, communicate clearly and always look for ways to make processes more efficient
- Experience with Media billing and/or buying/strategy is a plus$80k - $115k

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.

Link to Recruitment Privacy Notice: https://www.omc.com/privacy-notice

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