What are the responsibilities and job description for the Finance Manager position at Momentum Worldwide?
What Are We Looking For
Reporting to the VP Director of Finance for Momentum US, the Finance Manager will be a key strategic resource for senior business leaders within our Chicago and St. Louis Office.
They will take a leading role in relation to the management of all financial and billing aspects of their accounts: implementation of internal operating procedures, forecasting, budget tracking, resource planning, expense tracking, monthly billing, tracking and invoicing. The ideal candidate should be very “hands-on” and operationally oriented. The ideal candidate should have the capacity to be a “big picture” person who can also get into the details of very specific metrics in relation to day-to-day operations.
HERE'S WHAT YOU'LL DO (RESPONSIBILITIES)
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Momentum is an agency of doers. We make the industry’s most disruptive, entertaining, shareable, unforgettable experiences for our clients and their fans. We do it by bringing people closer to what they love, in original and unexpected ways. Whether it’s a physical activation, a virtual experience, or a piece of unique branded content, it’s all part of what we call the Total Brand Experience — ideas that solve business challenges, through best-in-class Consulting, Strategy, Analytics, Experience Design, and Production.
We want you to help brands do amazing, unprecedented, wild things, creating experiences that people never forget.
What Can You Expect From Momentum
At Momentum, we expect our employees to embody our values!
Our Core Values of Be One, Do Great Work, Have Fun, Give Back and Grow empower an environment where we challenge ourselves professionally and encourage each other personally.
At Momentum, we make our differences matter!
Who we are matters. We choose to hire voices from all walks of life. We choose to make our culture one where everyone can be their authentic self and speak in their voice. We choose to give each other permission to get things wrong, so we can learn to make them right. We choose to celebrate the bravery of our peers and we choose to be collectively responsible.
At Momentum, we make our actions matter!
Making it matter means always choosing the sustainable option. It means designing waste out from the start. It means working with the right materials. Sourcing locally, innovating off-the-shelf solutions and reusing and repurposing. It means powering smarter. Travelling less. And only working with vendors who do the same. Make it matter means becoming the first experiential agency in the world to receive 2 ISO certifications.
At Momentum Worldwide, we value diversity and the uniqueness of all people. We thrive in an inclusive environment, and we recruit, hire and promote without regard to race, gender, age, color, gender identity, gender expression, sexual orientation, ethnic or national origin, citizenship, religion, sexual preference, military or veteran status, marital status, family status, physical or mental disability – or any other legally protected categories as set forth in the applicable state, federal or local laws. This policy applies to all aspects of employment including training, compensation, benefits and all other privileges of employment.
Reporting to the VP Director of Finance for Momentum US, the Finance Manager will be a key strategic resource for senior business leaders within our Chicago and St. Louis Office.
They will take a leading role in relation to the management of all financial and billing aspects of their accounts: implementation of internal operating procedures, forecasting, budget tracking, resource planning, expense tracking, monthly billing, tracking and invoicing. The ideal candidate should be very “hands-on” and operationally oriented. The ideal candidate should have the capacity to be a “big picture” person who can also get into the details of very specific metrics in relation to day-to-day operations.
HERE'S WHAT YOU'LL DO (RESPONSIBILITIES)
- Partner closely with senior account leads and ops/resourcing to monitor the financial health of assigned accounts, have commercial discussions with clients, and track progress towards meeting and exceeding financial targets
- Collaborate with account leads and ops/resourcing to create staff plans for annual SOWs
- Lead monthly billing meetings and invoicing
- Take part in the negotiation process for key vendor contracts or proposals, making sure that proposed and agreed upon terms are in line with agency interests
- Monitor, discuss, and analyze revenue forecasts on an on-going basis to develop an accurate view of material risks and opportunities against financial targets
- Analyze and share monthly financial metrics, such as revenue forecasts, direct labor costs, direct client expenses, margin, utilization, and realization
- Review financial results during the monthly closes, specifically on revenue recognition and potential write-offs
- Provide variance analysis between on-going forecasts and actuals
- Manage specific monthly/quarterly/ad hoc client and IPG reporting requirements, such as retainer burn and deliverables tracking across multiple workstreams
- Assist in managing and tracking client staffing budgets across disciplines
- Assist in reviewing and approving freelance requests while managing and tracking monthly freelance budgets and accruals
- Improve financial knowledge across disciplines through leading training sessions, resulting in an improved awareness on how actions impact agency financial performance
- Supporting Momentum’s values
- All other duties as required
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- Bachelors Degree in Accounting or Finance preferred
- 5 years finance experience
- Agency experience strongly desired
- Exceptional verbal & written communication skills and adept at communicating effectively across all levels
- Great presentation and delivery skills. Must be very comfortable in meeting and conference call situations.
- Ability to perform well in fast changing environments.
- Ability to navigate through complex financial situations to maximize results with strong analytical skills.
- Ability to think on your feet
- A passion to help and develop people – making yourself readily available to answer questions and offer support, and the ability to motivate people to succeed
- Strong work ethic – highly organized, diligent and attentive to detail
- Demonstrated leadership utilizing a “people management philosophy” that fits within the Momentum model (reviews done on timely basis, solid management skills, growing/grooming our people, etc.)
Momentum is an agency of doers. We make the industry’s most disruptive, entertaining, shareable, unforgettable experiences for our clients and their fans. We do it by bringing people closer to what they love, in original and unexpected ways. Whether it’s a physical activation, a virtual experience, or a piece of unique branded content, it’s all part of what we call the Total Brand Experience — ideas that solve business challenges, through best-in-class Consulting, Strategy, Analytics, Experience Design, and Production.
We want you to help brands do amazing, unprecedented, wild things, creating experiences that people never forget.
What Can You Expect From Momentum
At Momentum, we expect our employees to embody our values!
Our Core Values of Be One, Do Great Work, Have Fun, Give Back and Grow empower an environment where we challenge ourselves professionally and encourage each other personally.
At Momentum, we make our differences matter!
Who we are matters. We choose to hire voices from all walks of life. We choose to make our culture one where everyone can be their authentic self and speak in their voice. We choose to give each other permission to get things wrong, so we can learn to make them right. We choose to celebrate the bravery of our peers and we choose to be collectively responsible.
At Momentum, we make our actions matter!
Making it matter means always choosing the sustainable option. It means designing waste out from the start. It means working with the right materials. Sourcing locally, innovating off-the-shelf solutions and reusing and repurposing. It means powering smarter. Travelling less. And only working with vendors who do the same. Make it matter means becoming the first experiential agency in the world to receive 2 ISO certifications.
At Momentum Worldwide, we value diversity and the uniqueness of all people. We thrive in an inclusive environment, and we recruit, hire and promote without regard to race, gender, age, color, gender identity, gender expression, sexual orientation, ethnic or national origin, citizenship, religion, sexual preference, military or veteran status, marital status, family status, physical or mental disability – or any other legally protected categories as set forth in the applicable state, federal or local laws. This policy applies to all aspects of employment including training, compensation, benefits and all other privileges of employment.