Specialist Working Capital
- Annalect
- 5 - 8 years
- Hyderabad
- 2 months ago
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Job Description
- Client & Agency Service Closely collaborate with other Working Capital Managers and Analyst to prepare monthly Working Capital (AR and AP) reporting for all Omnicom Media Group agencies
- Run reporting and aggregate Working Capital data from multiple sources (Mediaocean, Microsoft D365, Cognos); create custom reports in Excel, as directed
- Efficiently load Working Capital data to Hyperion Financial Management (HFM), identifying and resolving issues before submission while meeting internal deadlines
- Reconcile Working Capital data to General Ledger data within HFM monthly
- Monitor Accounts Receivable balances - Review ARs by agency/region/client and identify issues
- Collaborate closely with Budget Project Managers (BPMs), Finance Directors (FDs), and other internal staff to optimize collections and ensure timely payment
- Assess monthly cash forecast submissions by the BPMs for accuracy
- Submit weekly updates on cash status to senior management
- Ability to effectively summarize Working Capital data and provide detailed explanations of specific account balances, including past due amounts, unbilled media/revenue, negative working capital, and year-over-year investment variances, for monthly meetings with senior management
- Organize and schedule AR and Cash Forecast status meetings with BPMs/FDs
- Run inquiries on client credit viability through an external system (Allianz) and assist in establishing credit insurance limits; provide reports upon request
- Monitor and assist in the reconciliation of unapplied cash through monthly meetings with BPMs and ad hoc inquiries
- Identify potential offsets/write-offs on aging and work with BPMs to resolve
- Qualifications This may be the right role for you if you have
- Bachelor s Degree in accounting or relevant field with Min 5 years of experience in accounting operations
- Proficient knowledge of MS Office Suite and the ability to quickly learn new accounting software s Experience in Microsoft D365, Media Ocean, and Hyperion experience is a plus Advanced Excel skills are required including knowledge of pivot tables, V-lookups and conditional formulas Good analytical ability and logical reasoning Strong oral and written communication skills
Job Classification
Industry: Advertising & MarketingFunctional Area / Department: Finance & Accounting, Role Category: FinanceRole: Financial AnalystEmployement Type: Full timeContact Details:
Company: AnnalectLocation(s): Hyderabad+ View Contact
Keyskills: Global marketing Public relations Project management Cognos Analytical Reconciliation Market research Support services microsoft Media planning
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Annalect
Over a decade ago, Omnicom created Annalect to reimagine the future of marketing, at the crossroads of data, tech analytics.
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