Finance Director

Publicis Groupe
New York
28 Oct 2020
29 Oct 2020
Job role
Finance director
Contract type
Full time
Company DescriptionPlowShare Group is a leading communications agency that specializes in working exclusively with nonprofit organizations and federal agencies on social issue and cause marketing campaigns. Founded more than 20 years ago, PlowShare is the largest social issues communications agency in the U.S., working with charitable and government groups such as American Red Cross, Centers for Disease Control and Prevention, Habitat for Humanity, Make–A–Wish Foundation, March of Dimes, and World Wildlife Fund, among others.Job DescriptionPLOWSHARE GROUP, LLC. FINANCE DIRECTORNYC / PHL / CT OFFICE – LOCATION IS FLEXIBLEPosition OverviewThe Finance Director works closely with the Business Unit (BU) Leadership, the senior team and staff to drive value and long–term success, providing strategic leadership to create improved business performance. He/She has overall responsibility for financial planning, forecasting, reporting, and is responsible for maintaining a strong internal control environment across all financial operations of the BU. The Finance Director partners with Senior Leadership to ensure that the organization efficiently and effectively delivers on its financial objectives. The Finance Director reports directly to the BU President and has a functional relationship to the Publicis Health Group CFO. The individual must be able to set appropriate priorities, organize a team for maximum efficiency and effectiveness, communicate well with senior and executive management, peers, business partners, subordinates and clients, and have a high level of technical aptitude and business sense.Job ResponsibilitiesFinancial Planning & Analysis – Anticipate risks and initiate actions to achieve financial objectivesPrepare the annual business plan, taking into account business initiatives and financial targetsAnalyze actual performance against key benchmarks and highlight to management any areas requiring actionPrepare rolling forecasts as needed to maintain visibility on full year financial performanceProvide management with information regarding financial and operational performance of individual business segments against internal KPIsFinancial Operations – Work with business unit management to maximize profitability and optimize operational performance of the BUProvide financial counsel to management to assess financial risk/benefit of operational initiatives and actionsProvide "what if" analysis to management, with corresponding financial impactAssist management and account teams with development of commercial pricing (i.e. functional hourly rates, piece rates, value at risk pricing models, etc.) and interaction/negotiations with client procurement, including implementation of particular client billing arrangementsProvide operational analysis to management (i.e. client profitability, capacity management, etc.)Ensure that financial operations across separate locations and/or business segments are delivering incremental value and/or financial efficienciesLiaise with Shared Service Center for key operational areas (i.e. Real Estate, Supplier Procurement, Legal, Treasury, etc.)Assess and prepare requests for all financial operation activities requiring approval, including capital expenditures, consultancy arrangements, real estate, etc.Ensure that financial systems are properly set up and optimally utilized by the agency teamsFinancial Reporting – Ensure that monthly reporting is performed accurately, completely and timelyReview transactional accounting performed by Business Financial Insights(BFI) teamPerform all subjective areas of financial reporting, particularly revenue recognition and provisions for risks & chargesEnsure that all financial reporting is performed in according with Publicis Groupe Corporate Policies and Procedures ("Janus")Ensure performance of, and compliance with, Financial Monitoring ControlsPerform monthly analysis and submit reports to BU, Group and Corporate managementLiaise directly with Corporate Finance team to provide information as requestedWork closely with BFI on tracking meaningful KPIs and creating financial insights Financial Controlling and Client Accounting Management – Manage the BU accounting team responsible for these functionsClient accounting areas of responsibility: Review of client contracts; control over receipt of client documentation (project estimates and purchase orders) for initiation of services; management of agency timesheet system; client billing and payment follow up; client reconciliation and contract compliance/adherenceFinancial controlling areas of responsibility: Supplier management (issuance of purchase orders, validation of receipt of non–billable services); cost control, particularly areas of high variability/discretion (i.e. freelance support, non–client travel, capital expenditure, etc.); trade working capital management, particularly maintenance (timely billing, reconciliation and collection) of accounts receivable and work in progress; coordination and direction of all audits, including internal, external, client and regulatory audits.Critical Job Dimensions (Indication of level within job family)Span of Control – Reporting RelationshipsReports directly to Business Unit Group General ManagerFunctional reporting relationship to Group CFOManages Business Unit finance teamWorks in close collaboration with Business Unit Senior Management team, Account Management team and functional department headsStrategy & Innovation (high, med, low) – HighClient Partnerships – MediumDecision Making Impact – HighQualificationsCompetenciesKey competencies that are required to be successful in the role:Decision QualityDealing with AmbiguityBusiness AcumenPlanningCustomer FocusDeveloping Direct Reports & OthersStrategic AgilityJob RequirementsEssentialEducation: Bachelor's degree required, MBA or CPA preferred10+ years' experience managing an accounting/finance departmentStrong interpersonal and communication skillsAbility to work autonomouslyHighly organized and able to work according to fixed calendar cyclesStrong presentation skillsDesirableExperience with Enterprise Reporting Planning software (SAP, Hyperion, etc.)Experience in governmental and non–profit and/or marketing and communications sector(s) in the US, particularly at one of the top five global holding company networksAdditional InformationAll your information will be kept confidential according to EEO guidelines.