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53 EssenceMediacom Jobs

GroupM - Corporate | Regional Finance Analyst

3-7 years

Mumbai

1 vacancy

GroupM - Corporate | Regional Finance Analyst

EssenceMediacom

posted 3mon ago

Job Role Insights

Fixed timing

Job Description

Description
Position at GroupM
Overview
GroupM APAC 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. GroupM APAC is looking for a detailed oriented Regional Finance Analyst to support the Regional Management. You will liaise with GroupM teams across the region to oversee the day-to-day activities of financial support to the markets. The role requires constant communication with internal stakeholders. In this role, you will be responsible for studying existing end-to-end finance processes and workflows, standardizing processes to bring in efficiency, and identifying areas of improvement, and design and implement SOP.
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 Sr. Regional Commercial Director, APAC.

3 best things about the job:
  • Opportunity to work in the leading global media investment company.
  • Exciting exposure and learning in the media industry, which is fast evolving from the regular Print-Ads, Radio, and TV to Digital (Programmatic, Google, Facebook, YouTube, , etc).
  • Fast-paced, demanding, fun-loving, and satisfying work environment.

In this role, your goals will be:
In three months:
  • Be conversant with GroupM Finance Structure
  • Generate monthly financial and management reports and working with markets in APAC to understand the movements
  • Reviewing monthly PL
  • APAC Unit Expense Provision
  • Reviewing and resolving Inter-co mismatches
  • Connect with markets to get relevant information
  • Reviewing and controlling regional unit cost
  • Tracking Global and regional approved budget for spends
  • Study existing end-to-end finance process and workflows - Standardize the process to bring in efficiency and identify areas of improvement and design and implement SOP
In six months:
  • Lead the monthly quarterly financial processes and generate monthly financial and management reports.
  • Preparing Yearly budget, Quarterly revised Forecast for regional units
  • Extract Budget/RF report from reporting tool and prepare analysis for management
  • Preparation of Budget/RF management call presentation
  • Connect with markets to review relevant information
  • Managing yearly service fees and recharge billing
  • Conduct periodical reviews with the markets and be able to explain variances in monthly reporting.
  • Ensure process adherence to Internal controls. Effectively coordinate with the process owners to implement process controls and documentation requirements and implement corrective actions to plug control gaps.
  • Liaise with regional risk and compliance and market risk team regularly for control updates.
  • Preparation and coordination with internal and external audit team during control reviews. Remediating deficiency/weaknesses and escalate critical issues to the senior management on a timely basis.
  • Control /manage /review access rights of key finance /media applications and implementation of related controls.
In 12 months:
  • Identify opportunities to improve and achieve sustainable compliance in finance operations and reporting
Responsibilities of the role:
  • Own financial budgeting and reporting procedures and deadlines
  • Reviewing and controlling regional unit cost and payment
  • Tracking Global and regional approved budget for spends
  • Preparing Yearly budget, Quarterly revised Forecast for regional units
  • Managing yearly service fees and recharge billing
  • Assist the senior management in the self-certification process by reviewing the monthly controls checklist and maintaining monthly Sox file documentation.
  • Liaise with regional and market risk and compliance team regularly for control updates.
  • Preparation and coordination with internal and external audit team during control reviews. Remediating deficiency/weaknesses and escalate critical issues to the senior management on a timely basis.
  • Control /manage /review access rights of key finance /media applications and implementation of related controls.
  • Interface with Regional IA, SOX, External Auditors
  • Other Reports/Tasks that may be requested by Supervisor/CFO
What you'll bring:
  • Integrity
  • Work with passion
  • Good initiative
  • Good teamwork and respect for others
Minimum qualifications:
  • 5+ years of experience
  • Comfortable in dealing with numbers and financial information.
  • Knowledgeable in MS Office (particularly Excel).
  • High degree of attention to detail, result-driven and patient.
  • Degree in Finance, Finance, Accounting or Management.

Employment Type: Full Time, Permanent

Functional Areas: Accounting/Finance

Read full job description

What people at EssenceMediacom are saying

What EssenceMediacom employees are saying about work life

based on 14 employees
55%
100%
67%
75%
Strict timing
Monday to Friday
No travel
Day Shift
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EssenceMediacom Benefits

Free Transport
Child care
Gymnasium
Cafeteria
Work From Home
Free Food +6 more
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