Job description
General information
Agency: Mediabrands
Function: Finance and Accounting
Seniority Level: Sr Manager
Employment Type: Full-Time
Location: New York, United States
Job Ref#: 15962
Description & Requirements
Position Summary
The Assistant Controller is responsible for the integrity of financial statements including revenue recognition and reporting, timely and accurate submission of the monthly results, Income Statement and Balance Sheet Variance Commentaries to the US Controller / Network and ensuring compliance with US GAAP, SEC requirements and IPG Standard Policies and Procedures.
The Assistant Controller will work closely with senior agency management to ensure that the day-to-day financial needs of the agency are being met and that systems and processes are in place to continue to improve reporting. The role will have a dual reporting structure direct with the CFO and Regional Controller. The Assistant Controller, as leader of a finance/accounting team, will supervise and provide direction for their direct reports and staff, along with some oversight of a wider on-site Finance team.
Key Responsibilities
- Oversee the overall revenue reporting process including appropriate persuasive evidence, review of revenue calculations, determination of revenue recognition methodology, and all associated reporting inclusive of required revenue variance analysis
- Ensure the integrity of the monthly, quarterly, and annual reporting to the Network and ensuring compliance with US GAAP in particular with regard to revenue recognition, SEC requirements and Interpublic Standard Policies and Procedures
- Maintain accuracy of all local general ledger / sub-ledger accounts and reconciliations including liaising with shared-services
- Business Controls compliance and formal documentation (including flowcharts); ensure compliance is understood and executed throughout the agency
- Lead contact and reviewer for PwC external auditors re: quarterly / year end reporting and Business Controls compliance
- Develop and roll out new policies and procedures including best practices
- Key stakeholder in the team to implement new systems and/or processes for finance / accounting
- Oversight of reconciliation amongst media systems
- Set T&E budgets with the FP&A team and approve business and travel expenses
- Ad hoc projects
Desired Skills & Experience
- Bachelor’s degree in Finance, Accounting, or other Business-related field
- CPA preferred
- 8+ years' experience including Advertising or Media industry experience
- Management experience with professional staff
- SAP / Hyperion / Smartview knowledge preferred but not required
- Strong Microsoft Office skills (Excel, PowerPoint, and Word)
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Wage and Benefits
We offer a Total Rewards package that includes medical and dental coverage, 401(k) plans, flex spending, life insurance, disability, employee discount program, employee stock purchase program and paid family benefits to support you and your family. To give you the ability to better meet your personal needs, and in support of your physical and emotional well-being, you will receive discretionary time off days and company-wide Appreciation Weeks and Wellness Days.
We also offer a competitive Total Compensation package, including a competitive salary and eligibility for an annual discretionary incentive award or a relevant incentive award.
The salary range for this position is $130,000 to $140,000. Where an employee or prospective employee is paid within this range will depend on, among other factors, actual ranges for current/former employees in the subject position, market considerations, budgetary considerations, tenure and standing with the Company (applicable to current employees), as well as the employee’s/applicant’s skill set, level of experience, and qualifications.
Employment Transparency
It is the policy of Mediabrands, division of the Interpublic group, to provide equal employment opportunities to all employees and applicants for employment without regard to race, color, ethnicity, gender, age, religion, creed, national origin, sexual orientation, gender identity, marital status, citizenship, genetic information, veteran status, disability, or any other basis prohibited by applicable federal, state, or local law.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
The employer will make reasonable accommodations in compliance with the American with Disabilities Act of 1990. The job description will be reviewed periodically as duties and responsibilities change with business necessity. Essential and other job functions are subject to modification. Reasonable accommodations may be provided to enable individuals with disabilities to perform the essential functions.
For applicants to jobs in the United States: In compliance with the current Americans with Disabilities Act and state and local laws, if you have a disability and would like to request an accommodation to apply for a position with Mediabrands, please email accommodation@mbww.com.
About Us
IPG Mediabrands is the media and marketing solutions division of Interpublic Group (NYSE: IPG). Mediabrands manages approximately $40 billion in marketing investment globally on behalf of its clients and provides strategic services and solutions across its award-winning, full-service agency networks UM and Initiative and through its innovative marketing specialist companies Reprise, Magna, Orion, Rapport, Healix, Mediabrands Content Studio and the IPG Media Lab. Mediabrands clients include many of the world’s most recognizable and iconic brands from a broad portfolio of industry sectors. The company employs more than 13,000 marketing experts in more than 130 countries representing the full diversity of humanity. For more information, please visit our website: www.ipgmediabrands.com.
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