Job Description

Description

Position at GroupM

Overview of job
In this role, you will be the Commercial Business Partner to Chief Investment Officer, GroupM\xe2\x80\x99s Investment Division of Singapore the commercial and financials\xe2\x80\x99 needs, handle daily business issues, manage agencies associations, and recognize business opportunities. The role requires constant communicating and negotiating with internal, external agencies and external business associates. In addition, you will continuously work to strategically expand, preserve or improve the company\xe2\x80\x99s procedures, standards or policies while sticking to business edicts and regulatory guidelines.

Reporting of the role

This role reports to the GroupM Singapore CFO

3 best things about the job: * Opportunity to work for World Best Agencies under one roof

• Multi facets roles, advisor, trusted partner, leader, listener, executor, etc
• Fast pace, demanding, fun loving and satisfying work environment.

Measures of success \xe2\x80\x93
In three months:

• Be conversant with Agencies/GroupM\xe2\x80\x99s Legal / Finance Structure
• Support budgeting exercise in partnership with stakeholders.
• Oversee day-to-day finance/commercial activities of Agencies /GroupM Services
• Good understanding of all necessary control, compliances and key stakeholders contracts

In six months:

• Lead the quarterly forecasting processes and generate monthly financial and management reports.
• Design and implement improved business processes
• Partner with Chief Investment Officer to model growth scenarios

In 12 months:

• Responsible for Division P&L, Balance sheet, Annual Budget/Quarterly/Monthly Forecast
• Joined owner with Chief Investment Officer of overall investment financial and operational performance

Responsibilities of the role:

Act as a Commercial Business Partner to Chief Investment Officer

• As an financial and commercial advisor to Chief Investment Officer.
• Ensure sustainable and profitable growth of investment division/products
• Ensure the overall Financial health of all investment products \xe2\x80\x93 Revenue, Cost, Profitability etc
• Build out a strong financial and operational processes for investment division within GroupM
• Tracking agencies on all investment forecasting and actualisation
• Own new and existing investments\xe2\x80\x99 contract terms and commercial negotiation
• Own financial budgeting and reporting procedures and deadlines
• Ensure compliance of client and vendors contract and Revenue Recognition policies and guidelines
• Work closely with management team to deliver year on year growth targets
• Drive optimal investment products\xe2\x80\x99 profitability
• Assist in investment opportunities (both new, organic and new investment models)
• Lead, plan, execute and integrate any new investment products initiatives
• Lead, plan and execute Annual Budgeting, advise, monitor and manage Quarterly and Monthly forecasting
• Build out strong financial and operational processes, responsible for operational efficiency across business, integration with media, finance, IT and human resource.
• Work closely with Chief Investment Office to deliver on yearly growth targets
• Setting up processes for tracking metrics used to measure agencies\xe2\x80\x99 investment strategy and aligning to overall GroupM strategy and vision.
• Being an interface between investment division and finance shared services
• Ad Hoc special project and new business initiatives

Provide financial support to GroupM Investment

• Consolidate, monitor, review and analysis investment Monthly, Quarterly and Yearly budgets/reforecast
• Ensure sustainable and profitable growth
• Work closely with GroupM CFO/FD and Agency Head of Investment in the implementation of all investment deals
• Work with investment team to ensure that risk is appropriately managed to safeguard proprietary media interests and that this does not lead to material losses
• Ensure that agencies aligned and achieved yearly investment targets.

Governance, Compliance, Risk & Reporting

• Monitor contract, internal, SOX, ICFR compliance and commercial terms
• Ensure all contacts, client, vendors, etc, are approved, signed and filed
• Risk and corporate governance management
• Ensure Compliance and develop initiatives to maximise yields
• Working with internal and external auditors, ensuring ICFR/SOX compliance
• Ensure that all management reports submitted within deadline

• Monthly, quarterly and yearly reporting to be carried out with high accuracy and timeliness and developing processes to ensure quality reporting
• Variances to be fully explained and analysed with action plan
• Central point of contract for investment division\xe2\x80\x99s global and regional

What you will need:

• Smart, passionate and driven individual with 6 to 9 years of experience with strong finance and commercial background,
• Proactive, self-starter with strong commercial acumen
• Comfortable and confident with multiple stakeholders\xe2\x80\x99 management
• Comfortable and confident working in a highly motivated, demanding environment
• Good people management skill in a highly matrix environment
• Sharp, action orientated and able to sell ideas convincingly
• Strong analytical skills with proven ability in interpreting performance trends and taking proactive action
• Experience in Media / Advertising industry will be an added advantage
• Experience of working in successful fast paced business is preferable
• Comprehensive understanding of key elements of route performance (both commercial and operational)

More about GroupM

GroupM is the leading global media investment management group serving as the parent to WPP media agencies including Mindshare, MediaCom, Wavemaker, Essence and m/SIX, as well as the programmatic digital media platform, Xaxis, each global operations in their own right with leading market positions. GroupM\xe2\x80\x99s primary purpose is to maximize the performance of WPP\xe2\x80\x99s media agencies by operating as leader and collaborator in trading, content creation, sports, digital, finance, and proprietary tool development. GroupM\xe2\x80\x99s focus is to deliver unrivaled marketplace advantage to its clients, stakeholders and people, and is increasingly working closely for the benefit of clients with WPP\xe2\x80\x99s data investment management group, Kantar. Together, GroupM and Kantar account for over 50% of WPP\xe2\x80\x99s group revenues of more than $20 billion.

About Singapore

GroupM Singapore operates in one of the most dynamic and exciting environments in the world. Although it is a small domestic market, there is a vibrant media industry which is undergoing rapid evolution as digital technology reshapes the way marketing supports advertisers\xe2\x80\x99 needs. Being at the crossroads of Asia means, that aside from the local clients and media owners, we also have a high proportion of multi-national clients, renowned brands and media owners. Making GroupM Singapore the Number One organisation to join and develop your career in media investment.

GroupM is an equal opportunity employer. We view everyone as an individual and we understand that inclusion is more than just diversity \xe2\x80\x93 it\xe2\x80\x99s about belonging. We celebrate the fact that everyone is unique and that\xe2\x80\x99s what makes us so good at what we do. We pride ourselves on being a company that embraces difference and truly represents the global clients we work with.

GroupM