Commercial Compliance Manager

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

A Leading WPP Media Brand

Role Summary and Impact

We’re looking for a Commercial Finance Manager to become part of the WPP Media UK finance team, reporting to the Commercial Compliance Director. This is a key role, with an overriding objective to help the Commercial Compliance Director ensure that the agency is complying with all aspects of its contractual commitments. This includes working with the commercial team to ensure that contractual provisions in terms of charging mechanisms and notifications to clients are managed accurately and in a timely manner. The other key aspect of the role is to ensure that systems, controls and processes are robust and to eliminate any risk of revenue loss.

Skills and Experience

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 value s:

• 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 .

Responsibilities

• Working with the commercial team to apply the correct interpretation of WPP’ s contractual commitments and reporting thereof, including liaison with affiliate entities.
• Link between the commercial team and finance in ensuring that commercial terms are correctly applied in terms of charging methodology across all income types.
• Supporting the commercial compliance director in ensuring that new commercial models are compliant and have the required level of governance.
• Provide ad hoc commercial analysis for the commercial compliance director.
• To co-ordinate client audits, liaising with third party audit firms, and ensuring that information required is supplied in the correct format and on a timely basis.
• To work with the UK, EMEA and Global commercial teams to maintain the compliance schedule and ensure that it is up to date and that changes are communicated to the relevant account teams immediately.
• To review the existing control processes and suggest improvements.
• Responsible for all client notifications and declarations.
• To support the commercial compliance director in analysing the transactional processes for all income types, as well as client contractual terms and ensure that all income opportunities are captured.
• To support the commercial compliance director in assessing the robustness of controls around income generating transactions and provide recommendations for enhancement.
• To provide training of the wider agency in commercial compliance related matters.
• Communicate to the agency/to appropriate personnel any new financial and commercial group policies and ensure these are being implemented.

Experience

• Business Degree, or equivalent experience in a Finance role
• Strong knowledge of accounting principles and their practical application
• Excellent verbal and written communication skills including the ability to interact professionally with all levels of the organisation
• Exceptional organisational skills and ability to multitask and prioritise effectively
• Ability to review and interpret terms within client contractual agreements
• Proactive approach, a logical and analytical thought process, with good attention to detail and high level of accuracy in their output
• Strong negotiation skills and the ability to problem solve.
• Ability to work under pressure and to tight timelines
• Highly proficient with Excel (Advanced excel skills)
• Understanding of the media and communications industry. Direct experience is desirable not essential

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 particular 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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While we appreciate all applications received, only those candidates selected for an interview will be contacted.