The Role
Responsible for managing billing, analyzing financial reports, credit management, and monitoring investment activities to boost financial performance and identify business opportunities.
Summary Generated by Built In
ABOUT US
Edelman is a new kind of agency, at the intersection of PR, Advertising, Social, Digital, Earned Media and Experiential. We blur the lines between each medium to create smart, innovative, and powerful work that gets people talking and engaging with brands in new ways. You will be challenged to push convention and your creativity to find modern ways to drive consumer behavior in today’s socially charged, digital environment.
We are passionate, unconventional, and driven by a desire to do the best work possible. We get results for our clients and have the trophies to prove it. We are tough on work. We are kind to each other. We also laugh a lot ....
THE ROLE
As a business manager/finance manager, you will be responsible for handling the financial transactions, analyzing financial reports, credit management and AR, and monitoring investment activities. You will strategize effective techniques to boost the company’s financial performance and identify business opportunities to increase revenues. You will be able to drive performance in a fast-paced environment,operating across a complex structure to provide financial insights to support decision-making.
KEY ROLES AND RESPONSIBILITIES
Billing/Cash Flow Management
· Manage monthly billing – liaison between account staff and billing department and review billing reports.
· Responsible for entering required information and tracking status on all required billing portals such as Etimad, Ariba and other client owned portals.
· Proactively follow up on submitted invoices to ensure no issues are being raised, and on overdue invoices in person and via email/ phone as necessary.
· Produce monthly statements to clients to ensure timely collections.
· Monitor client accounts, identify potential payment risks, and escalate issues on a timely basis as needed.
· Assess and manage credit limits for new and existing clients based on company policies.
· Maintain a detailed record of credit transactions, payment commitments, and follow-ups.
Financial Management Analysis and Planning
· You will be responsible in reviewing monthly client fee phasing and expense detail with Client Leads or relevant Senior Finance
· Manage credit and collection - Account receivable (Etimad, GFS and any other client portals)
· Analyze monthly client budgets for accuracy and explain significant variances to budget or forecast.
· Assist with developing annual revenue and staffing budgets and maintain accurate monthly projections.
· Provide Client Finance Director, Finance VP and Client Leads with monthly financial package describing results to date, forward projections compared to budget and commentary around noticeable trends
· Analyze client finance reports and identify and communicate areas of concern and suggested improvements to account staff and management (e.g., client profitability, utilization, over/under service, missing time, revenue risk and staffing plans)
· Accountable for accuracy of client financials including client billing, pricing, receivables, WIP and monthly projections.
Revenue Recognition and Project Reconciliation
· Review monthly fees for accuracy and compliance with Edelman Revenue Recognition policy.
· Responsible for project reconciliation.
Pricing Contracts
· You will be responsible in reviewing and approving client budgets and upload properly into financial system for various department.
· Facilitate negotiation of client and vendor contracts between clients/vendors, account staff/senior management and legal department, including full review of all business terms (with oversight)
· Ensure that projects are managed in accordance with contracts; create summary sheets (contract cheat sheets) for account teams.
Client Reporting & Audits
· You will report to account teams with monthly project budget to actual tracking and other required client reporting.
·Coordinate data collection for client audits.
KNOWLEDGE & SKILLS
· 7+ years of finance and accounting experience
· Bilingual, reading and writing Arabic at professional level.
· Bachelor's degree in finance or accounting and CPA, MBA, or public accounting experience is a plus.
· Knowledge in financial systems (e.g., Workday or any other ERP system) and strong Microsoft Excel skills is a must.
· Team player with proven ability to work cross-functionally and across multiple stakeholders to achieve goals and objectives.
· Capacity to manage a busy workload and tight deadlines.
Guiding Principles for our Team:
Fearless: We take big swings. If we don’t fail every now and then, we aren’t trying.
Curious: We are a team that embraces challenges - curious people are often unafraid of change
Inclusive: We are open-minded to ideas wherever they come. We build through diverse thinkers and backgrounds.
Integrity: We do what we say. We are honest and respectful in how we make
Top Skills
Erp Systems
Excel
Workday
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The Company
What We Do
Edelman is a global communications firm that partners with businesses and organizations to evolve, promote and protect their brands and reputations. Our 6,000 people in more than 60 offices deliver communications strategies that give our clients the confidence to lead, act with certainty and earn the lasting trust of their stakeholders.
We develop powerful ideas and tell magnetic stories that move at the speed of news, make an immediate impact, transform culture and spark movements.
Since our founding in 1952 by Dan Edelman, we have remained an independent, family-run company. We use our profits to strengthen our business, provide our employees with opportunities to grow, advance our industry, and serve as a responsible citizen of the world. Every day, we strive to live and work by a long-held set of core values: the pursuit of excellence, the freedom to be curious, the courage to do the right thing, and a commitment to improving society.
Edelman is an equal opportunity employer of all protected classes, including veterans and individuals with disabilities
