Overview
FCB (Foote, Cone & Belding) is a global, award-winning, integrated marketing communications company with a heritage of creativity and success dating from 1873. We have built FCB around the belief that creativity is truly an economic multiplier. It's core to our mission to build Timeless and Timely brands with creativity fueled by diversity, data, and technology to drive big business success. Our dedication to this mission resulted in being the Cannes Lions North America Network of the Year from 2019 to 2024, 2024 The One Show Agency and Network of the Year, and 2024 ADC Agency and Network of the Year, to name a few, With more than 8,000 people in 109 operations in 80 countries. For more information, please visit fcb.com.
JOB OVERVIEW
The Client Business Manager is a trusted member of the Client Finance department that partners with Account Management teams in overseeing all financial aspects related to a given client or group of clients. This position assists the CFO and Directors of Finance to ensure financial controls and policies are in place and are followed.
JOB DUTIES & RESPONSIBILITIES
Account Management/Contracts
- Learn specifics of client Master Service Agreements and SOWS to ensure all contractual obligations are disseminated and followed
- Create staff plans and price projects
- Prepare labor reports and provide utilization analysis
- Coordinate with client and billing teams to ensure timely and accurate invoicing
- Review monthly client budgets and actuals with Account to verify billing, revenue recognition, under-servicing/over-servicing of staff plans
- Review Account Receivables and WIP reports regularly
- Ad hoc reporting requests from Account and Project Management
Financial Reporting/Analysis
- Prepare month-end revenue calculations and journal entries for respective clients.
- Prepare monthly/quarterly results packages and review with Finance management and Account teams.
- Explain any variances in revenue results vs forecast.
- Work with regional controllers as needed for revenue recognition and internal/external audit preparation
- Assist with monthly and quarterly revenue forecasting
Administrative
- Learn and uphold time reporting, job maintenance, and estimating processes to ensure consistency across clients in SAP/Fiori systems
- Maintain all company level and client level rate card functionality in SAP to facilitate labor reporting and revenue recognition.
- Collaborate with Financial Process & Systems teams to resolve errant time posting and job closing issues
QUALIFICATIONS, SKILLS, and COMPETENCIES
- Bachelor's degree in Finance or Accounting with 3-5 years of experience in a client finance role having regular exposure to financial concepts such as revenue recognition, invoicing, accounts payable/receivable.
- Familiarity with media/advertising/creative agency business models highly preferred
- Proficient in advanced Excel functions and formulas to perform VLOOKUP, pivot tables, charts, and SUMIFs.
- Basic to advanced knowledge of Microsoft Word and PowerPoint
- Knowledge of SAP systems preferred
- Experience extracting data from financial reporting systems and databases, compiling this data into digestible insights, and communicating those insights to non-financially-minded team members.
- Strong organizational and time management skills prioritizing the workload of regular deliverables and ad-hoc requests
- Self-reliant and able to manage time and deadlines independently with strong attention to detail.
The Office Requirements:
- The New York City Pay Transparency Law requires employers in New York City to disclose the following information. The salary range for this position is $100,000 - $120,000 . Actual salaries will vary and be based on various factors including but not limited to budgetary and market consideration, as well as an applicant's background experience, pertinent/specialty experience, qualifications, and tenure in role/similar role.
- FCB has adopted a hybrid working environment. It is required for employees to be in office Tuesday-Thursday and can work from home Monday and Friday.
This job description is not an exhaustive list of all functions that an employee may be required to perform, and the employee may be required to perform additional functions, reserving the right to revise the job description at any time.
It is the policy of FCB and any of its affiliates to provide equal employment opportunities to all employees and applicants for employment without regard to race, religion, color, ethnic origin, gender, gender identity, age, marital status, veteran status, sexual orientation, disability, or any other basis prohibited by applicable federal, state, or local law. EOE/AA/M/D/V/F.