Business Finance Manager Dubai - Edelman
Posted on :
28-09-2024
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1 Vacancy
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Job Description
ABOUT US
Edelman is a new kind of agency at the intersection of PR Advertising Social Digital Earned Media and Experiential. We blur the lines between each medium to create smart innovative and powerful work that gets people talking and engaging with brands in new ways. You will be challenged to push convention and your creativity to find modern ways to drive consumer behavior in todays socially charged digital environment.
We are passionate unconventional and driven by a desire to do the best work possible. We get results for our clients and have the trophies to prove it. We are tough on work. We are kind to each other. We also laugh a lot ....
THE ROLE
As a business manager/finance manager you will be responsible for handling the financial transactions analyzing financial reports and monitor investment activities. You will strategize effective techniques to boost the companys financial performance and identify business opportunities to increase revenues. You will be able to drive performance in a fastpaced environment operating across a complex structure to provide financial insights to support decisionmaking.
KEY ROLES AND RESPONSIBILITIES
- Pricing Contracts
- You will be responsible in reviewing and approving client budgets and upload properly into financial system for various department.
- Facilitate negotiation of client and vendor contracts between clients/vendors account staff/senior management and legal department including full review of all business terms (with oversight)
- Ensure that projects are managed in accordance with contracts; create summary sheets (contract cheat sheets) for account teams.
Client Reporting & Audits- You will account teams with monthly project budget to actual tracking and other required client reporting.
- Coordinate data collection for client audits.
Financial Management Analysis and Planning- You will be responsible in reviewing monthly client fee phasing and expense detail with Client Leads or relevant Senior Finance
- Analyze monthly client budgets for accuracy and explain significant variances to budget or forecast.
- Assist with developing annual revenue and staffing budgets and maintain accurate monthly projections.
- Provide Client Finance Director Finance VP and Client Leads with monthly financial package describing results to date forward projections compared to budget and commentary around noticeable trends
- Analyze client finance reports and identify and communicate areas of concern and suggested improvements to account staff and management (e.g. client profitability utilization over/under service missing time revenue risk and staffing plans)
- Accountable for accuracy of client financials including client billing pricing receivables WIP and monthly projections.
Revenue Recognition and Project Reconciliation- Review monthly fees for accuracy and compliance with Edelman Revenue Recognition policy.
- Responsible for project reconciliation.
Billing/Cash Flow Management- Facilitate monthly client liaison between account staff and billing department and review billing reports.
- Review time and expense writeoffs and unbilled WIP
- Ensure processing of service orders timely
- Work with client leads to minimize risk exposure surrounding accounts receivables and credit requirements of clients .
- Accountable for timely and valuable AR collection status commentary and liaison with Accounts Receivable
Project & Resource Mgt- Supervise client project set up process for department and perform Finance Manager role for larger or more complex projects.
- Drive profitability by working with departments management and account teams to improve client and resource management.
- Review client staffing utilization realization and capacity and proactively communicate meaningful observations to GMs.
- o Work closely with HR and Business leads to identify the needs on resources and align on budgets of new hires.
KNOWLEDGE AND SKILLS
- 7 years of finance and accounting experience
- Bachelors degree in Finance or Accounting and CPA MBA or public accounting experience is a plus.
- Knowledge in financial systems (e.g. Oracle or SAP) and strong Microsoft Excel skills is a must.
- Team player with proven ability to work crossfunctionally and across multiple stakeholders to achieve goals and objectives.
- Capacity to manage a busy workload and tight deadlines.
WHATS IN IT FOR YOU
- An opportunity to shape your future and work with some of the smartest and most energetic people in the PR industry who will nurture challenge and enable you.
- We offer hybrid work environment where you can work from home one day in a week and one month from anywhere in the world.
- Big potential for personal growth training and further development of skills
- A dynamic collaborative and inclusive culture where diversity is embraced and you are celebrated and appreciated for who you are.
- A huge variety of virtual learning and development resources to support your personal and professional growth.
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Full Time
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