Commercial Finance Partner

1 week ago


London, Greater London, United Kingdom Ogilvy Full time
Job Description

Job Title: Commercial Finance Partner

Job Summary:

We are seeking a highly skilled Commercial Finance Partner to join our team at Ogilvy. As a key member of our Commercial Finance Team, you will play a critical role in driving business growth and profitability by providing financial expertise and strategic guidance to our clients.

Key Responsibilities:

  • Partner with client teams to develop and implement financial strategies that drive revenue growth and profitability.
  • Provide financial analysis and insights to inform business decisions and drive commercial outcomes.
  • Manage and optimize net working capital across client portfolios.
  • Develop and maintain strong relationships with client project managers to ensure accurate forecasting and timely reporting.
  • Review and approve scopes and ensure alignment with commercial objectives.
  • Collaborate with project managers to ensure accurate job reconciliation and timely reporting.
  • Review and advise on T&E spend and procurement strategies.
  • Liaise with client leads on day-to-day client procurement and margin improvement initiatives.
  • Help client leads develop and implement margin improvement plans and monitor progress.

Financial Reporting:

  • Attend meetings with client leads to finalize monthly revenue and documentation in accordance with IFRS15 requirements.
  • Update revenue trackers and ensure alignment with Maconomy reporting.
  • Prepare revenue accrual or deferral journals in a timely manner for month-end reporting.
  • Provide monthly commentary on aged Accrued Revenue and aged Deferred Income balances.
  • Ensure timely reporting in adherence with internal timetables.

Compliance:

  • Ensure compliance with ICFR regulations in relevant areas, particularly revenue recognition.
  • Assist in ICFR, Internal and External audits, including client audits.
  • Understand client contracts and ensure adherence to key contractual points.
  • Prepare and maintain IFRS15 assessment and contract summaries for client portfolio.

Ad-hoc:

  • Perform ad-hoc client analysis as requested by client lead or Commercial Controller/Director.
  • Assist with process improvement initiatives and Saving Report consolidation.
  • Help prepare for agency review meetings.
  • Support with supplier set ups, urgent payment requests, and Maconomy queries.
  • Provide cover for other team members as needed.
  • Train non-finance teams and new starters on best commercial practice and financial processes.

Requirements:

  • Media experience preferred or experience in service-oriented businesses with a commercial focus.
  • Proven experience in business-partnering/commercial roles and ability to work with finance and non-finance staff.
  • Proactive and self-motivated with a desire to identify and improve processes.
  • Confident and enthusiastic communicator with strong stakeholder management skills.
  • Familiarity with Billing/WIP/Revenue recognition and Net Working Capital management.
  • Excellent organization and attention to detail with strong time management skills.

How We Help You Thrive:

  • 25 days annual leave + 1 Volunteer Day
  • Bupa Healthcare
  • Enhanced Maternity, Adoption, and Shared Parental Leave
  • Flexible Working Model with core working hours: 10am – 4pm
  • 1.5:1 Matching Pension Structure
  • Wellbeing and Health: Up to £25.00 per month towards physical or online exercise class membership, Unmind membership, LifeWorks tool, and annual eye tests and development budgets and Wellbeing incentives and activities throughout the year
  • Season Ticket Loan and Cycle to Work Scheme
  • Life Assurance

About Us:

Ogilvy is a creative agency that sparks game-changing ideas across culture and business through collaboration, integrity, and a celebration of self-expression. We believe in building powerful teams with purpose and are committed to creating an inclusive, welcoming environment for all.

We are an equal opportunity employer and welcome applications from diverse candidates. Our ultimate mission is to leave a positive impact on the world, creating a better future for all, while supporting and uplifting the global communities we serve.



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