Position at GroupM
GroupM is the world's largest media investment company and are a part of WPP. In fact, we are responsible for one in every three ads you see globally.
We are currently looking for a Business Partner - Finance to join us. In this role, you will liaise with GroupM / Agency teams to oversee the day-to-day activities of the reporting / trading function and ensure the company's finance is organized and compliant.
At GroupM APAC, our people are our strength, which is why fostering a culture of diversity and inclusion is important to us.
Reporting of the role
This role reports to Financial Controller.
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.
In this role, your goals will be :
In three months :
You will be in pace with the GroupM's value proposition and familiar with the company culture.
To assist in budgeting, quarterly forecasting and monthly rolling forecast for agencies and GroupM.
In six months :
You will be able to make analysis on the agency's financial performance and involve in the daily operation of the business and operational finance.
Being a valued team member in supporting to drive growth of the company.
In 12 months :
You will be able to advise the management team on the strategy and deployment of resources in order to facilitate the management of the business.
Ability to plan, strategize and execute mid to long term plan to improve the overall financials margins for agencies and group.
Responsibilities of the role :
To consolidate all revenue streams for reporting at month end closing.
To prepare and submit Trading Income Report to finance portal within deadline as given by the region.
To manage provisions / accruals on monthly basis in accordance with submitted budget with tracking of actual expenses incurred.
Further, inform management regarding availability and utilization of budget.
To complete monthly and quarterly reporting for local, regional and global teams.
To analyze and comment on debtor aging in accordance with regional template requirement on monthly basis immediately after month end.
To keep track of agreements of all TRADING projects and follow-up with business team for signing of same and submitting final copy to legal function for filing purpose.
To ensure timely and accurate submission of trading related information (as required by the regional team for different clients separately and cumulatively) for all streams to regional office on prescribed template / portal.
To review all payouts, adjustments and client invoicing and ensure to maintain each project's profitability and raise flag in case of loss.
To prepare summary of Trading projects for management review.
To generate manual invoice and forward the same to receivable function for recording the same after ensuring due verification / compliance of invoice is completed.
Complete GL code along with Agency should be mentioned on the invoice.
To follow-up with billing for input of reconciled spends with vendors. Finalization of BD, issuing of client and vendor letters after management approval.
Following up for credit notes and posting in ledgers accordingly.
Preparing monthly cashflows for trading and keeping track of cashflows.
Other projects as and when assigned.
What you will need :
Self-driven, forward looking, results-oriented with a positive outlook and a clear focus.
Ability to lead, plan and manage change.
Ability to earn respect and trust from senior management and external stakeholders.
Diligent and willing to be hands, 'roll up your sleeves'
Flexibility and comfortable working in a fast pace matrix reporting environment.
Excellent interpersonal and communication skills.
Positive thinking, motivated and collaborative team player.
In depth knowledge of processes, tools and techniques.
CA / ACCA qualified.
At least 3+ years of relevant industry experience in similar position, people, team management skill is essential.
GroupM's primary purpose is to maximize the performance of WPP's media agencies by operating as leader and collaborator in trading, content creation, sports, digital, finance, and proprietary tool development.
GroupM's 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's data investment management group, Kantar.
Together, GroupM and Kantar account for over 50% of WPP's group revenues of more than $20 billion.
Discover more about GroupM at www.groupm.com
Follow GroupMWorldwide on Twitter
Follow GroupM on LinkedIn - https : / / www.linkedin.com / company / groupm
GroupM Pakistan is the leading global media investment management operation in Pakistan. We see major growth coming on Digital platforms with internet penetration growing to 87 million broadband users and 85 million 3G / 4G subscribers.
Social media platforms have also grown substantially in Pakistan where Facebook stands at 34 million subscribers and Tik Tok has replaced Instagram to become the second most penetrated social platform.
While the digitalization of the market is happening at a fast pace, it has also opened up opportunities for specializations like e-commerce, Digital Content, Video Planning solutions, Technology and Data & Analytics in Pakistan.
GroupM Pakistan is a closely knit community where we value differences in opinions and thrive amidst this growth. Be a part of our dynamic team now!
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.