Groupm | Finance & Commercial Manager Singapore, Singapore

Singapore, Singapore

Job Description


DescriptionPosition at GroupMOverview of job
In this role, you will be the Commercial Business Partner to Chief Investment Officer, GroupM\'s Investment Division of Singapore the commercial and financials\' 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\'s procedures, standards or policies while sticking to business edicts and regulatory guidelines.Reporting of the roleThis role reports to the GroupM Singapore CFO3 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 -
In three months:
  • Be conversant with Agencies/GroupM\'s 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 - 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\' 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\' 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\' 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\'s 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\' 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 Our CompanyWe are a media services company that accelerates growth for our clients. Our company values of energy, empathy, and impact bind together our diverse global family of 10,000 people from every culture and with every specialist skill you can imagine. You can check out some of our people\'s stories on LinkedIn or Instagram or hear about the company in their own words here. We are part of GroupM, the world\'s leading media investment company, and WPP, the world\'s largest advertising holding group.At our company and GroupM, we are Open, Optimistic, and Extraordinary.
  • Open: We cultivate trust by taking ownership and accountability, and we empathetically and intelligently balance people and client experience in everything we do.
  • Optimistic: We mobilize the enterprise, driving our vision forward, and we champion growth and career development so we can all thrive.
  • Extraordinary: We harness our shared capabilities to inspire transformational creativity and lead collectively to deliver a seamless client and colleague experience.
GroupM is responsible for more than $60 billion in annual media investment, as measured by the independent research bureau COMvergence. Through its global agencies, data solutions, and innovative practices, GroupM leverages a unique combination of global scale, expertise, and innovation to generate sustained value for clients wherever they do business. Discover more at .More About GroupM SingaporeGroupM 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 that is undergoing rapid evolution as digital technology reshapes the way marketing supports advertisers\' needs. Being at the crossroads of Asia means that aside from the local clients and media owners, we also have a high proportion of multinational clients, renowned brands, and media owners. This makes GroupM Singapore the number one organization 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 - it\'s about belonging. We celebrate the fact that everyone is unique, and that\'s 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

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Job Detail

  • Job Id
    JD1447699
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned