Job Description

Overview of job In this role, you will oversee the commercial and financial processes for GroupM Services in Singapore and Malaysia markets, handle day to day business issues, manage company associat Overview of job In this role, you will oversee the commercial and financial processes for GroupM Services in Singapore and Malaysia markets, handle day to day business issues, manage company associations, and recognize business opportunities. The role requires constant communication and negotiation with internal, external clients or 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 role This role reports to the GroupM CFO for Singapore - Malaysia 3 best things about the job: Opportunity to work for world's best Agencies under one roof Multi faceted role - 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 Agencies management teams to model growth scenarios In 12 months: Responsible for Division P&L, Balance sheet, Annual Budget/Quarterly/Monthly Forecast Joined owner with GroupM Services/Agencies/GroupM, CEO/MD of overall financial and operational performance Responsibilities of the role: Act as a Business Partner to One or Multiple Agencies As an advisor to CEO/MD, Business Leaders, Management team and Client Leads. Ensure sustainable and profitable growth of agency/ies Ensure the overall Financial health - Revenue, Cost, Profitability etc Build out a strong financial and operational processes for agencies and GroupM Tracking agency/ies P&L delivery, Client Profitability Fee negotiation Own new and existing clients' 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 Assist in pitches, RFP, RFI, RFQ, determine scope of work etc Drive optimal clients' profitability Assist in business development opportunities (both new, organic and new Trading models) Lead, plan, execute and integrate any new business 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 Agency's management team to deliver on yearly growth targets Setting up processes for tracking metrics used to measure agency/ies business strategy and aligning to overall Agency/GroupM strategy and vision. Being an interface between agency/ies and finance shared services Ad Hoc special project and new business initiatives Provide financial support to GroupM Services Consolidate, monitor, review and analysis Trading Monthly, Quarterly and Yearly budgets/reforecast Ensure sustainable and profitable growth Work closely with GroupM CFO/FD, Group Trading, GroupM Services and Agency Head of Trading in the implementation of all Trading deals Work with Trading Team to ensure that deal risk is appropriately managed to safeguard proprietary media interests and that this does not lead to material losses Ensure that agency/ies aligned and achieved yearly trading 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 SOX compliance Ensure that all management reports submitted within deadlineMonthly, 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 agency's global and regional What you will need: Graduate Caliber with 7 to 10 years of experience with strong finance and commercial background Proactive, self-starter with strong commercial acumen Working closely with agency/agencies MDs and all stakeholders Experience of influencing senior management Leadership qualities - ability to lead and deliver results 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) About GroupM GroupM leads and shapes media markets by delivering performance enhancing media products and services, powered by data and technology. Our global network agencies and businesses enable our people to work collaboratively across borders with the best in class, providing them the opportunity to accelerate their progress and development. We are not limited by teams or geographies our scale and diverse range of clients lets us be more adventurous with our business and talent. We give our talent the space, support and tools to innovate and grow. Discover more about GroupM at Follow @GroupMAPAC on Twitter Follow GroupM on LinkedIn - 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' 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 - 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.