Commercial Manager

Commercial Manager – Finance

Location: London (Hybrid)

Contract Type: 12 Month Fixed Term Contract

Employment Type: Full Time – 35 hours per week

Reporting to: Senior Commercial Manager

Responsibilities

• Client Reporting & Insight: Deliver timely, accurate, and insightful financial information on your client portfolio, adhering to internal and external deadlines. Lead revenue forecasting and budgeting, presenting robust commentary to inform real‑time decision‑making.
• Revenue Recognition & Compliance: Ensure compliant revenue recognition (IFRS15), driving appropriate challenge and documentation with account teams.
• Working Capital Management: Proactively manage working capital across Accrued Revenue, Debtors, WIP, and Deferred Income to maximize cash generation and recoverability issues.
• Job Management Governance: Partner with Commercial WIP Managers to ensure rigorous job management processes, including project opening, estimate approval, timely closure, and reconciliations.
• Compliance & Audit Leadership: Partner with our Compliance Manager to ensure adherence to Ogilvy and WPP reporting and control requirements. Manage client and internal audits, maintaining clear documentation and providing robust explanations.
• Strategic Business Partnering: Act as a key business partner to client teams, providing proactive advice and data‑driven recommendations to support effective decision‑making and long‑term strategy.
• Commercial Agenda Ownership: Drive the agency’s commercial agenda, ensuring client teams are aware of financials and KPIs, and fostering accountability.
• Pricing & Negotiation: Support the pricing and negotiation of client contracts, developing robust client pricing models.
• Profitability & Efficiency: Continuously improve the measurement of client profitability, resource utilisation, and recovery, formulating growth and margin improvement plans.
• Talent Development: Actively build commercial acumen and influence behaviours across the business through training and guidance.
• Process & Technology Champion: Contribute to the evolution of the Commercial Finance function, driving continuous improvement, leveraging technology and AI, and championing Workday adoption.

Qualifications

• Professional Qualification: An experienced, qualified or part‑qualified accountant (e.g., ACA, ACCA, CIMA or equivalent) with a strong commercial mindset, eager to drive change.
• Influential Communicator: Proactive and effective communicator, skilled at influencing commercial behaviours and best practice across diverse business teams.
• Leadership & Collaboration: Able to demonstrate leadership and collaboration skills, sharing ideas, fostering an inclusive environment, and driving innovation.
• Curiosity & Adaptability: Naturally curious, with the ability to think differently, solve complex problems, and adapt seamlessly to change.
• Strategic Attention to Detail: Possesses a unique combination of meticulous attention to detail and the ability to step back and understand the broader commercial picture.
• Resilience: Able to work effectively to tight deadlines in a fast‑paced agency environment.
• Technical Proficiency: Strong Excel skills (including SUMIFS, VLOOKUPS, pivot tables) are essential.
• System Experience: Workday experience is highly advantageous.
• Industry Insight: Previous experience in an advertising, media, or creative agency environment is a significant plus.

Benefits

• 25 days annual leave + 1 volunteer day plus the option to buy up to 5 extra days of leave per year
• A Work From Anywhere policy (subject to terms)
• Bupa Healthcare
• Enhanced Maternity, Adoption and Shared Parental Leave
• A fantastic Employee Assistance Programme provided by Telus which offers brilliant support, expert advice and specialist counselling
• Help at Hand – quick free access to a remote GP, mental health support, physio or a medical 2nd opinion
• A comprehensive Learning & Development programme
• We have a Flexible Working Model with core working hours: 10am – 4pm
• A 1.5:1 Matching Pension Structure
• Wellbeing and Health: Up to £25.00 per month towards physical or online exercise class membership, annual eye tests and a variety of wellbeing incentives and activities throughout the year
• Season Ticket Loan and Cycle to Work Scheme
• Life Assurance

Ogilvy is an equal opportunity employer and considers applicants for all positions without discrimination or regard to particular characteristics.

If you need reasonable accommodation for the application process, please contact accommodations@ogilvy.com.

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