Associate Client Finance Director

Saatchi & saatchi (we are saatchi) - El Segundo
new offer (02/07/2024)

job description

Job Description
TheAssociate Director oversees day to day operations of the Client Finance group. Key responsibilities include client compensation/contracts, monthly/quarterly close and reporting for client financial issues, client profitability reporting and analysis, and monthly actual versus forecast process.
Client Compensation/Contracts
Develops fee proposals and strategies while working closely with the Account team to ensure agency objectives are met.
Oversees implementation of standard rate card approach to pricing and maintains rate structure on an ongoing basis.
Ensures the securing of signed compensation agreements on a timely basis (i.E. agreement or interim letter is signed in first quarter of client fiscal year).
In conjunction with Legal, reviews all Client contracts to ensure adherence with Agency and Groupe best practices contract. Obtains approval from Finance Director, CFO, or CEO on all deviations from standard contract.
Ensures Agency is in compliance with current contractual guidelines for each client.
Liaises with senior Account Management personnel on compensation matters and handles client discussions.
Monthly/Quarterly Close &
Reporting
Reviews and approves all journal entries related to revenue, A/R and WIP. Ensures all revenue is recorded in compliance with revenue recognition guidelines.
Oversees the preparation of Client Burn Reports (i.E. actuals vs budget, reforecast, etc.).
Coordinates monthly variance analysis for revenue and client direct expenses.
Monthly Forecast Process
Oversees monthly forecast for revenue and client direct expenses, and provides related analysis (i.E. run rate, signed vs. unsigned revenue, etc.) to Finance Director.
Oversees monthly/quarterly client P&
L reporting process to meet agency management and Groupe requirements (includes implementation of new client P&
L reporting tool).
General/Management/Other
Answers questions from Account teams and management regarding revenue and client direct expenses.
Ensures consistent approach/application of best practices across clients on all financial matters.
Maintains catalog of all client-specific reporting requirements and ensures timely completion.
Oversee the monitoring of client production and media budgets.
Develops and documents standard approach to client audits.

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Associate Client Finance Director

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