Mindshare| Director - Commercial

Mumbai, India

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Overview of job

Mindshare Fulcrum (A division of Group M) is looking for a Director-Commercial to be part of its Commercial & Operations team. You will be responsible for handling Commercial and Financial reporting.

Reporting of the role

This role reports to the Partner -Commercial

3 best things about the job:

  1. Gives opportunity to learn and keep updated of the dynamic statutory compliances
  2. Understanding of overall agency business
  3. Work with the biggest media agency in this industry

 Measures of success –

In three months:

  • In depth understanding of the client processes and start implementing on work.
  • Commercial understanding on media deal structures

In six months:

  • Work on various reporting to client
  • Track timelines and provide inputs to monthly commercial review meeting.

In 12 months

  • Ensure complete understanding of the Profile and start taking decision

Responsibilities of the role:

  1. P &L + Balance sheet management
  2. Budget creation/phasing
  3. Profit centre mapping
  4. Tracking Actuals vs Budget
  5. Revenue tracking & control
  6. Debtors tracking & control
  7. MIS reporting to Client & Group m
  8. Regional reporting for MS
  9. Managing multiple audits (client/statutory/internal/wpp)
  10. Co-ordination with F+ on billing & unbilled scrutiny
  11. Digital RMS reconciliations. Tracking of funding
  12. AVB-VD tracking with Group m
  13. Consolidated Spends MIS for all external & internal stake holders
  14. Functional Audits as and when required by Management

More about Mindshare

We were born in Asia in 1997, a start up with a desire to change the media world. Now we are a global agency with more than 7,000 employees in 116 offices across 86 countries, operating as one team – #teammindshare. We believe that in today’s world, everything begins and ends in media. We aim to be our clients’ lead business partner, to grow their business, and drive profitability through adaptive and inventive marketing. We do this through speed, teamwork and provocation and by operating as a network of networks rather than a rigid hierarchy. We create new things and have fun doing it. Whenever and wherever you join us, you open a door to opportunities in any and of all aspects of media, technology and innovation. We will support you, recognize you and reward you, making Mindshare the place where you do the best work of your career.

 Mindshare APAC has won 500 awards in the last year alone, including “Agency Network of the Year 2017” by both the MMA SMARTIES™ and Campaign Asia for the fifth and third consecutive year, respectively. Mindshare is part of GroupM, the media investment management arm of WPP, the world’s leading communications services group. To learn more about Mindshare and our philosophy of Original Thinking, visit us at www.mindshareworld.com and follow us on Twitter @mindshare and facebook.com/mindshareapac and linkedin.com/company/mindshare.

 About India

2020 brought opportunities for brands to innovate because of which we saw an evolving media stack. The growth of digital is set to soar high because of changing consumer habits. With approximately 500 million smartphone users, low-priced data plans, 45 to 50 million e-commerce shoppers, approximately 60 OTT offerings and a young population, India is a mobile-first internet market. It is also one of the top 10 ad spend markets in the world and is set to climb the ranks. Global big tech corporations have made considerable investments in top e-commerce/retail ventures and Indian start-ups, blurring the lines between social media, e-commerce and mobile payments, resulting in disruption on an unimaginable scale.

 

At GroupM India, there’s never a dull moment between juggling client requests, managing vendor partners and having fun with your team. We believe in tackling challenges head-on and getting things done.

 

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