Edelman is a voice synonymous with trust, reimagining a future where the currency of communication is action. Our culture thrives on three promises: boldness is possibility, empathy is progress, and curiosity is momentum. At Edelman, we understand diversity, equity, inclusion and belonging (DEIB) transform our colleagues, our company, our clients, and our communities. We are in relentless pursuit of an equitable and inspiring workplace that is respectful of all, reflects and represents the world in which we live, and fosters trust, collaboration and belonging. 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 today’s 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 company’s financial performance and identify business opportunities to increase revenues. You will be able to drive performance in a fast-paced environment, operating across a complex structure to provide financial insights to support decision-making.
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 write-offs 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 department’s management and account teams to improve client and resource management.
Review client staffing utilization, realization, and capacity and proactively communicate meaningful observations to GM’s.
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
Bachelor’s 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 cross-functionally and across multiple stakeholders to achieve goals and objectives.
Capacity to manage a busy workload and tight deadlines.
WHAT’S 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.
