Commercial Manager at Ogilvy & Mather

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

25 May, 26

Salary

0.0

Posted On

24 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reporting, Revenue Forecasting, Budgeting, IFRS15 Compliance, Working Capital Management, Job Management Governance, Audit Management, Business Partnering, Commercial Strategy, Pricing, Negotiation, Profitability Analysis, Process Improvement, Excel, Workday, Stakeholder Management

Industry

Advertising Services

Description

About Ogilvy Ogilvy has been creating impact for brands through iconic, culture-changing, value-driving ideas since the company was founded by David Ogilvy 75 years ago. It builds on that rich legacy through Borderless Creativity – innovating at the intersections of its advertising, public relations, relationship design, consulting, and health capabilities with experts collaborating seamlessly across over 120 offices in nearly 90 countries. Ogilvy currently ranks as the #1 global agency network for creative excellence and effectiveness by WARC, signifying its ability to deliver creative solutions that drive unreasonable impact for clients and communities. Ogilvy is a WPP company (NYSE: WPP). For more information, visit Ogilvy.com, and follow us on LinkedIn, X, Instagram, and Facebook. Job Title: Commercial Manager - Finance Location: London-hybrid Contract Type: 12 Month FTC Employment Type: Full Time - 35 hours per week Reporting to: Senior Commercial Manager About Ogilvy At Ogilvy, we inspire brands and people to impact the world. Our vision is to create big ideas that make a significant contribution to the planet, society, and the bottom line. We believe this is the best way for our clients to achieve sustainable growth, and we achieve it by breaking down barriers that restrict talent and ideas. Our teams operate fluidly across five core capabilities: Advertising, Consulting, Experience, PR & Influencer, and Health. This unique approach allows us to innovate at the intersection of talent and expertise – what we call Borderless Creativity. With 132 offices in 83 countries, we seamlessly connect deep cultural insights to deliver multifaceted ideas that drive impact. We are consistently recognized at the highest levels of our industry, including being ranked the number one UK agency at D&AD, winning a Glass Lion at Cannes, and being nominated 'Network of the Year' by prestigious awards like Campaign, Effie Awards EMEA, and The One Show. Join a team that consistently pushes boundaries and delivers award-winning work! About the UK Finance Department: Our UK Finance department is a vibrant community of 60+ finance professionals dedicated to enabling the business to grow and thrive. We are commercial partners, providing creative solutions for compliant, efficient, and profitable growth for Ogilvy UK. We challenge the status quo, optimise technology, and constantly seek new ways to support our ambitious growth objectives. The Opportunity: Shape Strategy & Drive Financial Best Practice Are you a commercially astute and proactive finance professional ready to make a significant impact within a leading global agency? We are looking for a Commercial Manager to join our dynamic Commercial Finance team in London on an initial 12-month fixed-term contract. This is a pivotal role where you'll partner directly with agency client teams to drive financial best practice, embed commercial thinking, and support our business objectives of aggressive growth and improved operating margins. You will be an integral part of a collaborative team that fosters challenge, new thinking, and innovation. This role offers significant opportunity for personal growth and development, including increased scope and complexity of client portfolios, managing senior stakeholder relationships, contributing to leadership initiatives, and driving tangible business impact. Key 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 escalate 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 utilization, and recovery, formulating growth and margin improvement plans. Talent Development: Actively build commercial acumen and influence behaviors 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. What You'll Bring: 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. How we help you Thrive: 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 At Ogilvy, our people are at the heart of what we do: a creative agency that sparks game-changing ideas across culture and business through collaboration, integrity, and a celebration of self-expression. We believe in building powerful teams with purpose - and we relentlessly curate transformative initiatives that make our commitment to fairness, and equity a reality. Our ultimate mission is to leave a positive impact on the world, creating a better future for all, while supporting and uplifting the global communities we serve. This is central to our mantra of Borderless Creativity. Ogilvy 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. If you need any assistance seeking a job opportunity, or if you need reasonable accommodation with the application process, please contact us at accommodations@ogilvy.com. Please note that this contact is only for candidates who are requesting accommodation. Emails for other purposes, including application status requests, will not receive a response.

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Responsibilities

The Commercial Manager will deliver timely and accurate financial insights for their client portfolio, leading revenue forecasting and budgeting while ensuring compliant revenue recognition (IFRS15). This role involves proactively managing working capital, overseeing job management governance, and acting as a key business partner to drive the agency’s commercial agenda, profitability, and margin improvement.