EMEA NWC Business Partner London, England

  • London
  • Permanent
  • Full-time
  • 1 month ago
DescriptionAbout WPP MediaWPP 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.comA Leading WPP Media BrandRole Summary and ImpactThe objective of this role is to assist with the working capital for WPP Media EMEA and provide accurate and timely management information for month-end reporting and recommending financial process and initiatives changes where needed to meet the working capital targets. The role will support the WPP Media EMEA NWC Manager with business partnering across the business.It is expected that the role will need to be very engaged in the operational activities of the business to ensure the smooth and accurate financial wellbeing of the businesses.Skills and ExperienceAt 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.
Responsibilities:
  • Maintain reporting and tracking the NWC targets & initiatives
  • Assist with market meetings with key stakeholders to track NWC targets & initiatives; reporting updates to EMEA NWC Manager
  • Prepare monthly EMEA NWC overview for regional review
  • Prepare individual monthly market NWC overviews for regional review
  • Monitor and track the completion of MODA Commentary for each marketing accordance with REG14.1
  • Monitor 60+ day debtor balances within MODA to by cross-referencing to monthly Insurance Reporting, to understand potential risk and client reporting to Coface by the Global Credit Risk team and potential Internal Credit Limit (ICLs) applications
  • Monitor 60+ day accrued revenue balances to identify potential risk monthly
  • Monitor 60+ day unbilled media balances to identify potential risk monthly
  • Assist EMEA with reviewing quarterly NWC balance sheet account variances
  • Review quarterly provision submissions and client allocations to ensure accuracy and reasonableness
  • Maintain EMEA NWC balance sheet account trend file; For each market to check, reasonableness and identify areas for further investigation
  • Assist EMEA NWC Manager with reviewing financial processes within markets to identify potential improvements
  • Educate the wider team on NWC and credit insurance
Skills:
  • Fully qualified accountant or equivalent (e.g., CIMA, ACA, ACCA)
  • Experience in a similar position in a Media agency and / or a Media owner would be preferable
  • Ability to concisely and clearly present information to financial and non-financial people
  • Proficient user of Excel & PowerPoint
  • Must show a proactive approach to problem solving
  • Desire for continuous improvement
  • Good written and verbal communication skills
Life at WPP Media & BenefitsOur 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.Please read our Privacy Notice ( for more information on how we process the information you provide.While we appreciate all applications received, only those candidates selected for an interview will be contacted.(Please note this is a UK based role and requires individuals to have the right to work in this location)#LI-Promoted

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