WPP (THAILAND) LTD. - GROUPM

Job ID: BK-48037 | Location: Bangkok, Thailand
15 March 2019 Print Report Share

WPP (THAILAND) LTD. - GROUPM

Job ID: BK-48037 | Location: Klongtoey, Bangkok, Thailand

Commercial Manager

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 a 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 and operational processes, to own new and existing client contracting and negotiation procedures and take charge of financial budgeting, forecasting for GroupM.  

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 CFO

 

3 best things about the job:

  • To ensure profitable growth for GroupM. 
  • 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 and operational processes, to own new and existing client contracting and negotiation procedures and take charge of financial budgeting, forecasting for GroupM.
  •  

    Responsibilities of the role:

    • Periodical Client Profitability review - To track revenue by clients and by sources of product revenue (Trading, Digital including media planning and buying, business planning, etc.)  
    • 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 - Handout to key business leaders.
    • Update and improve on Client Audits – Media and Financial Audits.
    • Issues and resolutions with auditors - Following the SOX compliance by GroupM.
    • Account reconciliation - To ensure all cash outlays and inlays match between cashflow statements and income statements it is necessary to carry out reconciliation accounts

     

     What you will need:

    • Educated to bachelor’s degree level in Business, Finance & Accounting.
    • Minimum 3 years’ in managerial level.
    • 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 and presentation skills, leadership ability.

     

    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 66 million people, Thailand’s mobile penetration is at a whopping 137% with smart phone penetration at 61%. Digital spend has grown 18% year-on-year since 2016 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 and marketing communication markets in the region. Those looking for a rewarding and dynamic career in media have no better place to be than Thailand.

     


    Job Details:

    • Employment Type:

      Full Time, Permanent
    • Career Level:

      Middle Level
    • Required Qualification:

      Degree
    • Required Experience:

      5 years
    • Company Industry:

      Advertising / Public Relations / Marketing Services
    • Location:

      Klongtoey, Bangkok, Thailand
    • Salary:

      Salary negotiable

    Benefits:
    Five-day work week
    Medical insurance
    Dental insurance
    Life insurance

    WPP (THAILAND) LTD. - GROUPM
    URGENTLY REQUIRED !!!   Our primary purpose is to maximize the performance of WPP's media communications agencies on behalf of our clients, our shareholders and our people by operating as a parent and collaborator in performance-enhancing activities such as trading, content creation, sports, digital, finance, proprietary tool development and other business-critical capabilities. The agencies that comprise GroupM are all global operations in their own right with leading market positions. The focus of GroupM is the intelligent application of physical and intellectual scale to benefit trading, innovation, and new communication services, to bring unfair competitive advantage to our clients and our companies. For more information please visit: www.groupm.com / www.wpp.com We are currently find the high caliber for the position:

    Is this your company? Claim it now!