Manager, Client Finance

Adelphi Group•New York, NY

12d•$50,000 - $95,000•Hybrid

About The Position

As a leading global media network, Omnicom Media Group (OMG) sets itself apart with an agile, client-first approach that helps businesses thrive today and into the future. With more than 21,000 employees globally, OMG has the talent, expertise and clout to deliver unprecedented levels of innovation for our clients. The group is comprised of global, award-winning agencies Hearts & Science, OMD and PHD. From leadership to entry-level talent, we are a diverse mix of ages, genders, ethnicities, skill sets and backgrounds. Unlocking the potential of our world-class talent is Omni, the industry's first marketing operating system which transforms data into actionable insights for better business outcomes. 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. The Manager, Client Finance serves as a financial partner to client account leadership, agency teams, and internal finance stakeholders. This position is responsible for managing the financial operations of assigned client accounts, including budgeting, forecasting, revenue recognition, project accounting, financial reporting, and profitability analysis. The Manager will provide clear financial insights, identify risks and opportunities, maintain strong financial controls, and ensure the accuracy and timeliness of client-facing and internal reporting. This individual will also serve as a key liaison among account management, media or project teams, shared services, and central finance.

Requirements

3+ years Client Finance experience at a media agency is preferred
College Degree in Finance, Business, Accounting, or Marketing required or equivalent work experience.
Knowledge of GAAP and ASC 606 revenue-recognition principles
Ability to read and analyze financial statements
Experience reviewing statements of work, rate cards, and other commercial agreements
Familiarity with finance reporting tools, such as MediaOcean, Microsoft D365, TM1
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, formulas, queries etc)
Ability to problem solve to develop solutions; Highly analytical
Ability to work effectively with others in a team environment as well as work effectively autonomously

Responsibilities

Manage the day-to-day financial operations of assigned client accounts.
Own client budgets, forecasts, and financial tracking across projects or scopes of work.
Serve as the primary finance partner to account management, project management, media planning, investment, and other client-service teams.
Maintain accurate client budget documentation and ensure that changes are appropriately reflected across financial systems and reports, and are audit ready.
Develop a strong understanding of client agreements, commercial terms, and account-specific financial requirements.
Communicate financial information clearly to both financial and non-financial stakeholders.
Oversee the preparation and delivery of accurate and timely client invoices in accordance with contracts, statements of work, and approved budgets. Maintain supporting documentation for client billing and financial transactions.
Prepare accruals, deferrals, reclassifications, and other journal-entry support as part of the month-end close process.
Ensure revenue is recognized accurately and in accordance with applicable accounting requirements and agency policies.
Analyze revenue, costs, staffing, utilization, and other business drivers affecting client profitability.
Identify and communicate financial trends, risks, and opportunities to account and finance leadership.
Collaborate with shared service teams and financial reporting teams on revenue and expenses, billing, collections, payables, and balance sheet reconciliations.
Prepare monthly, quarterly, and annual revenue and expense forecasts.
Support annual budget and quarterly reforecast presentations.
Prepare recurring financial reports, forecasts, budget updates, variance analyses, and management summaries.
Review client contracts, statements of work, rate cards, discounts, incentives, and rebates for financial accuracy and operational feasibility. Translate contractual requirements into billing, revenue, forecasting, and reporting processes. Monitor financial activity against approved contractual terms and escalate potential compliance or commercial risks.
Consolidate complex financial information into clear, decision-useful reporting for client and agency leadership. Create presentations to communicate account performance and explain significant changes in revenue, spending, profitability, cash flow, and working capital. Respond to ad hoc financial requests and support special projects as needed. Maintain consistent reporting standards, quality controls, and submission timelines.