Group Head Commercial

Year    Mumbai, Maharashtra, India

Job Description

About WPP Media
WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. For more information, visit wpp.com.
WPP Media is WPP's global media collective. In a world where media is everywhere and in everything, we bring the best platform, people, and partners together to create limitless opportunities for growth. For more information, visit wppmedia.com
At WPP Media, we believe in the power of our culture and our people. It's what elevates us to deliver exceptional experiences for both our clients and each other. In this role it will be critical to embrace WPP & WPP Media's shared core values:
Be Extraordinary by Leading Collectively to Inspire transformational Creativity.
Create an Open environment by Balancing People and Client Experiences by Cultivating Trust.
Lead Optimistically by Championing Growth and Development to Mobilize the Enterprise.
Reporting of the role
This role reports to: Director Commercial
In this role, your goals will be:
In three months:

  • Developed your understanding of MediaCom business in the local market.
  • Understood reporting requirements, WPP accounting policies, commercial requirements and client contracts.
  • Learnt the various systems and applications and how they are integrated into the business.
  • Built relationships with the key stakeholders across the group & client.
In six months:
  • Able to provide effective insight in financial forecasts
  • Contribute to the management of contract commitments and track deliverables.
  • Able to advice Business leads on key commercial and financial levers to achieve their targets
In twelve months:
  • Should be widely trusted and seen as a truthful individual
  • Develop in-depth knowledge of client's business
What your day job looks like :
  • Support client lead on client finance & operations related issues.
  • Ensure that client contractual requirements are being adhered to at all times
  • Working with local client to ensure that the required billing processes are understood and followed.
  • Generally help manage client relationships from a finance and process perspective.
  • Dealing with client audits as required
  • Prepare client MIS on periodic basis as required
  • Prepare and report yearly budget, quarterly re-forecasts for the client business.
  • Support commercial lead in discussions and negotiation of commercial and contractual terms and conditions with clients.
  • Manage Global/Regional client terms, conditions and instructions.
  • Monitor collections and take proactive actions for recovery of long outstanding amounts.
  • Monitor achievement of client incentives and bonuses.
  • Update periodically the charge out rates and overhead multipliers to be applied.
  • Prepare and provide commercial information as required by the business teams.
  • Keep track of billing and highlight shortfalls for remediating actions.
  • Ensure continuing client contractual compliance.
What you'll bring:
  • Self-driven, forward looking, results-oriented with a positive outlook and a clear focus
  • Ability to support and manage change
  • Ability to earn respect and trust from management & seen as trusted source of information for business analysis
  • Flexibility and comfortable working in a fast-paced matrix reporting environment
  • Excellent communication ability - required to communicate often with various stakeholders internally and externally with clients and other stakeholders
Minimum qualifications:
  • CA with 5-8 years of experience in commercial finance, client facing commercial role.
  • Should have worked in global organization in past.
  • Prior experience within media industry / agency will be an added advantage.
  • Strong analytical, critical-thinking skills.
  • Independent, well-organized, results-oriented and able to work under pressure to meet tight deadlines.
  • Ability to multitask under high pressure.
  • Must be able to work with integrity, initiative and a strong sense to take accountability / ownership and commitment to deliver.
  • Pleasant personality with strong written & verbal communication skills.
  • Must be comfortable working in matrix environment and dealing with multiple internal & stakeholders.
Life at WPP Media & Benefits
Our passion for shaping the next era of media includes investing in our employees to help them do their best work, and we're just as committed to employee growth as we are to responsible media investment. WPP Media employees can tap into the global WPP Media & WPP networks to pursue their passions, grow their networks, and learn at the cutting edge of marketing and advertising. We have a variety of employee resource groups and host frequent in-office events showcasing team wins, sharing thought leadership, and celebrating holidays and milestone events. Our benefits include competitive medical, group retirement plans, vision, and dental insurance, significant paid time off, preferential partner discounts, and employee mental health awareness days.
WPP Media is an equal opportunity employer and considers applicants for all positions without discrimination or regard to characteristics. We are committed to fostering a culture of respect in which everyone feels they belong and has the same opportunities to progress in their careers.
We believe the best work happens when we're together, fostering creativity, collaboration, and connection. That's why we've adopted a hybrid approach, with teams in the office around four days a week. If you require accommodations or flexibility, please discuss this with the hiring team during the interview process.
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Job Detail

  • Job Id
    JD4692567
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year