Commercial Finance Director

2 Months ago • 7 Years + • Finance • $75,000 PA - $180,000 PA

Job Summary

Job Description

The Client Commercial Finance Director is responsible for all client financial operations for the New York office. This role involves managing the P&L, budget, and forecasting processes in partnership with the Finance Director, while independently managing client financial aspects. Key responsibilities include collaborating on bids and estimates, rate card development, billing, and reconciliation. The role requires driving revenue growth through new initiatives, partnering with account teams for SOW and fee structure management, ensuring proper financial processes, developing and maintaining rate cards, reviewing financial processes to improve effectiveness, ensuring timely billing, participating in monthly account reviews, ensuring contractual compliance, managing client and agency partner relationships, and collaborating on reporting. The candidate must exhibit ownership, professionalism, and leadership.
Must have:
  • 7+ years of experience in a commercial or financial role
  • Bachelor’s degree in Business or Finance
Good to have:
  • MBA preferred
  • Extensive experience in Client Services
  • Expertise in Client Finance and financial management
  • Strong leadership skills

Job Details

Hogarth is the Global Content Experience Company. Part of WPP, Hogarth partners with one in every two of the world’s top 100 brands including Coca-Cola, Ford, Rolex, Nestlé, Mondelez and Dyson. With a breadth of experience across an extensive range of sectors, Hogarth offers the unrivaled ability to deliver relevant, engaging, and measurable content across all channels and media - both established and emerging. The number of channels at our fingertips; the need for speed; and the drive for mass personalisation, all mean that brands need different solutions.  Our global team of over 7,500 craft and technology experts brings together creative, production and innovation to help clients navigate this exciting and ever-changing world of today’s content experience.

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. Working at WPP means being part of a global network of more than 100,000 talented people dedicated to doing extraordinary work for our clients. We operate in over 100 countries, with corporate headquarters in New York, London and Singapore. WPP is a world leader in marketing services, with deep AI, data and technology capabilities, global presence and unrivalled creative talent. Our clients include many of the biggest companies and advertisers in the world, including approximately 300 of the Fortune Global 500. Our people are the key to our success. We're committed to fostering a culture of creativity, belonging and continuous learning, attracting and developing the brightest talent, and providing exciting career opportunities that help our people grow.  

A Hybrid working model

We believe the best work happens when we're together, fostering creativity, collaboration, and connection. That's why we’ve adopted a hybrid approach, with teams in the office around four days a week. If you require accommodations or flexibility, please discuss this with the hiring team during the interview process.

What does a Client Commercial Finance Director do at Hogarth?

The Client Commercial Finance Director is responsible for all client financial operations for the New York office. Reporting to the Sr Director of Commercial, will partner with the Finance Director to manage the P&L, budget, and forecasting processes, while being solely responsible for client financial management. This includes collaborating with internal partners on the bid and estimate process, rate card development, billing, and reconciliation. The Client Finance Director may or may not have staff management responsibilities.

Responsibilities

 Drive revenue growth by leading new initiatives from planning through implementation.
 Partner with account teams and clients in the development, review, and management of SOWs and fee structures.
 Ensure all stakeholders follow proper, documented processes for work development, bidding and estimating, fee approvals, billings, and reconciliations.
 Develop and maintain rate cards in accordance with industry standards, agency protocol, and market conditions.
 Review and create consistent working templates, including rate cards, WIP reports, estimating templates, and work orders.
 Analyze staff utilization, revenue forecasts, and actuals to ensure profitability.
 Continuously review financial processes to enhance profitability and improve effectiveness.
 Ensure timely and consistent completion of billing.
 Participate in monthly account reviews as a member of the core account leadership team.
 Ensure contractual compliance on all financial matters.
 Manage relationships with clients, agency partners, and Hogarth offices.
 Oversee and resolve financial issues, including WIP and accounts receivable.
 Collaborate with the Finance team on monthly, quarterly, and annual reporting.
 Advise internal agency partners and Hogarth offices on best practices regarding US financial management.
 Contribute to Hogarth Worldwide NY office culture by exhibiting ownership, professionalism, and leadership.

Requirements

 7+ years of experience in a commercial or financial role.
 Bachelor’s degree in Business or Finance; MBA preferred.
 Extensive experience in Client Services, preferably in media or advertising.
 Expertise in Client Finance and financial management.
 Results-driven with strong client relationship skills.
 Ability to interact with Senior/Executive Management of the agency and client.
 Strong leadership skills with the ability to hire, retain, and develop staff.
 Strong written and oral communication skills.
 Extensive analytical, financial modeling, and budget planning experience; pricing experience preferred.
 Confident presenter with strong communication skills, comfortable working with all levels of management.
 Proactive and results-driven problem solver.
 A team player attitude.

#LI-SB2 #LI-Hybrid

The base salary range for this position at the time of this posting is indicated below. Individual compensation varies based on job-related factors, including location, business needs, level of responsibility, experience, and qualifications. We offer a competitive benefits package, go to https://www.wpp.com/en/careers/wellbeing/benefits-at-wpp-in-the-us for more details. 

Pay Range

$75,000 – $180,000

Inclusion and Impact

WPP is an equal opportunity employer and considers applicants for all positions without discrimination or regard to particular characteristics. We are committed to fostering a culture of respect in which everyone feels they belong and has the same opportunities to progress in their careers.

Please contact careers@hogarth.com if you need the job advert or form in another format.

Data

We rely on legitimate interest as a legal basis for processing personal information under the GDPR for purposes of recruitment and applications for employment. 

When you click the "Submit Application" button at the bottom of this page, this will send all the information you have added to Hogarth WW. Before you do this, we think it's a good idea to read through our Privacy statement. This explains what we do with your personal data when you apply for a role with us, and, how you can update the information you have provided us with or how to remove it.

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