Associate Director, Media Finance

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Associate Director, Media Finance — OM

Description

OM is seeking an Associate Director, Media Finance to oversee financial operations for an assigned portfolio of clients and lead a team of Media Finance professionals. This role manages the media finance process from client budget approval and billing through reconciliation, collections, and coordination of vendor payments.

The Associate Director serves as a key financial partner to client teams, agency leadership, and shared services, ensuring accurate reporting, strong financial controls, and timely resolution of issues. The ideal candidate combines media finance expertise with strong client relationship management and people leadership skills.

Position Responsibilities

Media Finance Operations and Oversight

• Oversee client budget management, billing, reconciliations, accruals, accounts receivable, and payment coordination across assigned accounts.
• Ensure client billing is accurate, timely, and aligned with approved budgets, contractual terms, and client requirements.
• Review budget reports, billing schedules, reconciliations, and other financial deliverables prepared by the team.
• Monitor unbilled activity, outstanding receivables, and unresolved discrepancies; ensure clear ownership and timely follow-through.
• Oversee month-end and quarter-end deliverables, including accruals, financial reporting, and cash collection forecasts.
• Partner with Media Reconciliation, Accounts Receivable, Accounts Payable, Cash Application, and Central Finance to resolve issues and support timely vendor payments.
• Identify and escalate financial risks, including billing delays, aging balances, budget variances, and potential agency exposure.

Client and Agency Relationships

• Serve as the primary Media Finance contact for assigned clients and internal Strategy, Investment, and Client Service teams.
• Build strong relationships with client Finance, Procurement, and Brand Management teams.
• Lead discussions on budgets, billing, reconciliations, collections, and other financial matters.
• Present financial reports and explain variances, outstanding items, and recommended actions to clients and agency leadership.
• Partner with account teams to support client onboarding, transitions, and account closeouts.

Financial Controls and Process Improvement

• Ensure compliance with agency policies, client agreements, approval requirements, and established financial controls.
• Support client and internal audits by coordinating documentation, validating financial information, and resolving findings.
• Partner with Accountability and other relevant teams on financial reporting, savings commitments, and audit requirements.
• Identify opportunities to improve workflows, strengthen controls, and standardize Media Finance processes across accounts.
• Collaborate with operations and systems teams to improve reporting, automation, and data accuracy.

Team Leadership

• Manage, coach, and develop direct reports, setting clear expectations for quality, timeliness, and accountability.
• Allocate workloads and establish backup coverage to maintain consistent support across assigned accounts.
• Provide guidance on complex financial issues and review the team’s work for accuracy and completeness.
• Coordinate with offshore support teams, where applicable, to ensure clear responsibilities and consistent service delivery.
• Assess training and staffing needs and support performance management and professional development.
• Participate in client, departmental, and leadership meetings, providing updates on financial performance, risks, and priorities.

Requirements

• Bachelor’s degree in Accounting, Finance, Business, or a related field.
• Minimum of 5–6 years of relevant experience in media finance, client budget management, or agency financial operations.
• Prior supervisory experience, including coaching, workload management, and team development.
• Strong understanding of media billing, reconciliations, accruals, accounts receivable, collections, and vendor payment processes.
• Experience managing client relationships and communicating financial information to clients and senior leadership.
• Proficiency with Mediaocean platforms, including DDS, and advanced Excel skills; experience with additional agency finance systems is preferred.
• Working knowledge of digital, television, radio, print, out-of-home, and other media channels.
• Strong analytical and problem-solving skills, with the ability to identify financial risks and drive issues to resolution.
• Excellent organizational skills, attention to detail, and consistent follow-through.
• Ability to manage multiple accounts, competing priorities, and deadlines in a fast-paced client service environment.
• Strong interpersonal and communication skills, with a collaborative approach and a high level of ownership.

$70,000-$125,000

To the extent permissible by local law, Omnicom’s policy requires employees to work in the office for a minimum of three days a week, unless additional in-office days are directed by their agency or manager.

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