Specialist Working Capital (Bengaluru)

Specialist Working Capital (Bengaluru)

13 Aug
|
Omnicorm Media Group
|
Bengaluru

13 Aug

Omnicorm Media Group

Bengaluru

Overview

Specialist-Working Capital

Experience : 5-8 Years

Skill : Working Capital + Analytics

Location: Hyderabad/Bangalore

Shift:06:30 PM - 03:30 AM

We have a role for a Finance & Data Operations to oversee day today accounting transactions & Data operations for Omnicom Group US Finance. This might be a excellent fit if have strong accounting skills and would to be part of leading a growing team. You will be closely working with our Global and India Finance Teams.

Responsibilities

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

📌 Specialist Working Capital (Bengaluru)
🏢 Omnicorm Media Group
📍 Bengaluru

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