GroupM | Commercial Manager

Finance & Commercial Bangkok, Thailand


Description

Position at GroupM

GroupM is the world’s largest media investment company and are a part of WPP. In fact, we are responsible for one in every three ads you see globally. We are currently looking for an Commercial Manager to join us.

In this role, you will be responsible for ensure profitable growth for GroupM, to take the lead to build out strong financial analysis, to own new and existing client contracting and negotiation. You will work closely with GroupM financial team and business team leaders to oversee the business health of GroupM

At GroupM APAC, our people are our strength, which is why fostering a culture of diversity and inclusion is important to us.

Reporting of the role

This role reports to Commercial Director

3 best things about the job:

  • To partnering with business team in driving growth to the business.
  • You will work closely with GroupM financial team and business team leaders to oversee the business health of GroupM.
  • You need to take the lead to build out strong financial analysis, to own new and existing client contracting and negotiation.

Responsibilities of the role:

  • Client Contract Compliance - Develop a Check list for each client of what are our obligations on disclosures, retention of non-contracted income etc.
  • Contract renewals and New Pitches - Advance notices and renegotiation to bring in new Standard Contract.
  • Develop a Checklist of contract clauses- based on Standard Contract/commercial guidance
  • Analysis client media spending including forecast remuneration from client spending
  • Update and improve on Client Audits – Media and Financial Audits.
  • Issues and resolutions with auditors - Following the SOX compliance by GroupM.
  • Report and analysis of media spending including reconciliation against forecast / actual.

 What you will need:

  • Educated to bachelor’s degree level in Business or Finance or Accounting.
  • Minimum 3 years’ in managerial level is preferable
  • Experienced in agency commercial/ corporate finance operations is a plus.
  • Good Command in English is essential.
  • Financial acumen including budget control and client profitability
  • In depth knowledge of processes, tools and techniques
  • Proficient in the use of Microsoft Office, especially Excel, Word and PowerPoint.
  • Strong business sense, great communication.
  • Good team player

More about GroupM

GroupM is the leading global media investment management group serving as the parent to WPP media agencies including Mindshare, MediaCom, Wavemaker, Essence and m/SIX, as well as the programmatic digital media platform, Xaxis, each global operations in their own right with leading market positions. GroupM’s primary purpose is to maximize the performance of WPP’s media agencies by operating as leader and collaborator in trading, content creation, sports, digital, finance, and proprietary tool development. GroupM’s focus is to deliver unrivaled marketplace advantage to its clients, stakeholders and people, and is increasingly working closely for the benefit of clients with WPP’s data investment management group, Kantar. Together, GroupM and Kantar account for over 50% of WPP’s group revenues of more than $20 billion.

Discover more about GroupM at www.groupm.com Follow @GroupMWorldwide on Twitter Follow GroupM on LinkedIn - https://www.linkedin.com/company/groupm

About Thailand

In a population of 69 million people, Thailand’s mobile penetration is at a whopping 120% with smart phone penetration at 50%. Digital spend has grown 38% year-on-year and most people are now accessing the internet via mobile devices. Bangkok is one of the top Facebook cities in the world and Thailand ranks high in time spend viewing YouTube.

The audience fragmentation, following years of a virtual FTA TV duopoly, is creating huge trading and content opportunities. Thailand is one of the fastest-growing media markets in the region. Those looking for a rewarding and dynamic career in media have no better place to be than Thailand.

GroupM is an equal opportunity employer. We view everyone as an individual and we understand that inclusion is more than just diversity – it’s about belonging. We celebrate the fact that everyone is unique and that’s what makes us so good at what we do. We pride ourselves on being a company that embraces difference and truly represents the global clients we work with.