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Commercial Manager
3 days ago
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.
**Reporting of the role**
This role reports to**:Commercial Director**
**3 best things about the job**:
- To partnering with business team in driving growth to the business.
- 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 analysis, to own new and existing client contracting and negotiation.
**Responsibilities of the role**:
- 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
- Analysis client media spending including forecast remuneration from client spending
- Update and improve on Client Audits - Media and Financial Audits.
- Issues and resolutions with auditors - Following the SOX compliance by GroupM.
- Report and analysis of media spending including reconciliation against forecast / actual.
**What you will need**:
- A bachelor's degree in Business, Finance, or Accounting is required.
- Minimum 3 years in managerial level is preferable
- 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.
- Good team player
**More about GroupM**
GroupM is WPP’s media investment group and the world’s leading media investment company with a mission to shape the next era of media where advertising works better for people. The company is responsible for more than $60 billion in annual media investment, as measured by the independent research bureau COMvergence. Through its global agencies Mindshare, Wavemaker, EssenceMediacom, and T&Pm, and cross-channel performance (GroupM Nexus), data (Choreograph), entertainment (GroupM Motion Entertainment) and investment solutions, GroupM leverages a unique combination of global scale, expertise, and innovation to generate sustained value for clients wherever they do business.
GroupM is an equal opportunity employer. We view everyone as an individual and we understand that inclusion is more than just diversity - it’s about belonging. We celebrate the fact that everyone is unique and that’s what makes us so good at what we do. We pride ourselves on being a company that embraces difference and truly represents the global clients we work with.
**About Thailand**
In a population of 69 million people, Thailand’s mobile penetration is at a whopping 120% with smart phone penetration at 50%. Digital spend has grown 38% year-on-year 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 markets in the region. Those looking for a rewarding and dynamic career in media have no better place to be than Thailand.
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