Job Vacancy Commercial Finance Director Media Group Tanjong Pagar March 2021 DENTSU SOLUTIONS PTE. LTD.
Information of Job Vacancy
Title of Job : Commercial Finance Director, Media Group Company Name : DENTSU SOLUTIONS PTE. LTD. Placement : Tanjong Pagar Date : 8 days ago ---> OPEN ! Expired : No
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Here is requirements job description that you must meet to apply Job Vacancy Tanjong Pagar 2021 DENTSU SOLUTIONS PTE. LTD. which opened end of this month:
[CANDIDATES WHO REQUIRE WORK PASSES NEED NOT APPLY]
This is an exciting time to join dentsu as we become a digital economy business through content, media and commerce. We are well placed to build capability, scale and sustainable growth as a high performance business. Our strategy is driven by our unique culture with one vision (to innovate the way brands are built), one set of values and a unique operating model which drives collaboration, client focus and attention.
Dentsu believes that everybody should be treated equitably. We are committed to creating an inclusive, diverse and collaborative environment that enables our people to do what they do best – innovating the way brands are built. This is regardless of age, race, disability, sexual orientation, gender, marital, civil partnership or parental status, religion or belief. As a global organisation, we offer fair employment and advancement opportunities for our employees to succeed and advance within their profession, both in Singapore and around the world.
The purpose of this role is to provide financial advice and guidance to the MD and the business leaders of the Media Line of Business (“LOB”) in support of the achievement of revenue, profit and margin targets both in the short and long term.
Strategic Focus and Business Partnering
Partners to provide insight and challenge through financial analysis to enable business partners to make key decisions and achieve targets
Operate as a senior business partner and strategic advisor to the Media LOB MD and business leaders and lead the commercial finance contribution to the LOB, providing advice on key business decisions through sound commercial judgement highlighting options, tradeoffs, risks and opportunities
Develop, lead and deliver financial and commercial strategies and decisions including investment cases, evaluation and pursuit of opportunities, driving focus on revenue growth.
Lead and implement commercial finance strategic decisions that are guided by functional strategy and priorities
Facilitate closer integration of Dentsu brands within and across geographies for the benefit of the group
Develop and maintain multi-year financial plan for the Media LOB making use of the long-term strategy when considering short term tactical decisions.
Commercial Finance & Business Development
Supports client and vendor negotiations by providing analytical insight and ensuring optimal balance of pricing, early payment discounts, rebates and volume commitments (where applicable). To provide negotiating options for the business without leading to non-profitable accounts and management of client payment terms to generate positive working capital.
Ensure smooth client on-boarding for new business, including due diligence and credit insurance application.
Continue to drive and lead the assessment of client profitability and work with the Media LOB management to identify and support initiatives to improve profitability/margin
Provide input and decision support to the business for all investment cases and key business developments.
Work with business leaders to understand short, medium and long-term resource requirements and impact on forecast, with proactive advice on improving outcomes
Develop relevant benchmarking analysis, including providing competitor research, to ensure best practice commercial structuring is shared across LOB to drive commercial performance.
Identify and drive operational improvement through analysis of financial plans, management information and performance. E.g. Partner with the leadership team, to drive a focus on diversifying media income revenue streams into new & sustainable models, implement and deliver relevant projects to drive this.
Financial Planning & Analysis and Compliance
Manage the budgeting and forecasting process for the Media LOB, ensuring the right balance of risk and realism and using data analysis to support accurate projections.
Analyses consolidated budgets and forecasts, and provides interpretation, insight and guidance. Identify actions to drive opportunities and mitigate risks.
Track performance against internal targets and external best practice, making timely interventions
Review and provide oversight of the sales pipeline in driving the revenue forecasts
Supports the implementation of best practice financial planning techniques in line with business needs and supports initiatives to improve the quality and consistency of business and finance data
Identifies and drives operational improvement through analysis of financial plans, management information and performance
Works with business leaders to understand short, medium and long-term resource requirements and impact on forecasts and budgets
Responsible for ensuring policy and governance requirements are met including compliance with Dentsu policies such as commercial & contract compliance
Accountable for the income Statement and Balance Sheet across the Media LOB, including management of accrued income, trade receivables, WIP and accrued MO liabilities
Operational Finance & Group engagement
Supports the Financial Controller and / or Market FD, as necessary with high quality and insightful analysis as requested from time to time and works with them to deliver impact with the business
Proactive, positive and inclusive engagement with the operational finance team, maximising usage of its services and playing a key role in the success of the cross-finance relationships.
Liaise with operational finance as required in the onboarding of new clients or vendors (ensuring close alignment to existing processes) and analysis of brand performance
Open, transparent & frequent communication with finance leadership
Champion and drive closer integration of Dentsu business units within the SG market
Leadership and Talent management
Coach and mentor the Media Commercial Finance team to ensure their continuous development and progression.
Build finance capabilities, tools and skills within the Media Commercial Finance team on a continuing basis to increase efficiency and the value add of the team
Visibly sponsor and drive continuous improvement/ change programs throughout implementation to achieve project benefits
Leverage and share best practice with your peer group and the wider Finance team
Prioritise KPls and track performance against internal targets and external best practice
North Star and 8 Ways & Personal Development
Actively demonstrate dentsu's North Star and 8 Ways
Support all staff in understanding the dentsu's North Star and 8 Ways, and actively recognise / commend behaviours consistent with them
Ability to recognise personal development needs and take personal responsibility for continuous learning
Significant commercial finance experience in the advertising industry
Experience operating as a trusted advisor and valued partner to business leaders
Experience with changing overall business strategy through finance thought leadership and applications
Experience of pricing and negotiation
Experience in local accounting standards
Expert level financial analysis skills
Proven experience of successful collaboration between finance and non-finance teams
Fluency in English
Professional experience working in a fast moving business environment
Excellent oral and written communication, collaboration and relationship building skills; ability to quickly form working relationships and gain credibility with senior management
Strong influencing skills and judgement to get the balance right between challenging business management to ensure achievement of revenue and profit targets and working in partnership with the business
Strong skills in developing team members through coaching, constructive feedback and developmental opportunities
Ability to challenge existing thinking
Unafraid to deal with confrontation and confident making decisions under pressure
Excellent negotiation skills
Ability to work to challenging deadlines and deliver quality work in demanding fast paced environment
Ability to juggle multiple priorities to deliver strategic objectives
Proactive in identifying and solving complex problems/ issues
Ability to think innovatively in developing and implementing solutions
*Please provide your CV for our review.
**We regret that only shortlisted candidates will be notified.
Only candidates that satisfies to requirements above of that will be called upon to perform interviewed. For that, if you are interested and meet the participants Job Vacancy Tanjong Pagar 2021 DENTSU SOLUTIONS PTE. LTD. above, please submit your application before vacancies closed.
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