CHIEF FINANCIAL OFFICER

Position Responsibilities:

• The CFO position is based in Chicago, IL.

• The role has a double-reporting standard:
  to the Companies President and to the companies World wide CFO
  Responsible for all the accounting and financial aspects of companies operation. This includes, amongst others:

• Preparation and control of annual budget and its quarterly reforecast, closely working with President.

• Responsible for billing and invoicing operations for direct clients.

• Responsible for collection process and payments to media and other providers. The latter includes payments made throughout the region on behalf of clients to local media providers.

• Responsible for financial aspects of the 2 hubs (payroll payment, expenses payments, etc)

• Responsible for financial and operational aspects in regional and global pitches may participate.

• Responsible for collection/payments operations throughout the region and throughout the world for certain clients/providers.

Responsible for the financial reporting which includes amongst others:

1. Financial annual Plans and their quarterly reforecast.

2. Global Account Management reports on global clients.

3. P&L by Discipline reports.

4. A/R reports.

• Financially control the 4 reporting operations in the region, providing information, controlling their results, checking their reports to NY and suggesting changes or improvements to their processes and negotiations.

• Collecting quarterly information from the affiliates’ offices in the region in order to control their financial health and assist them in case they request regional help.

• Coordinate the different offices throughout the region in order to optimize cross-payments, especially in relation with tax issues.

• Provide regional help in case of financial issues with clients, providers or government authorities.

• Negotiate and maintain up-dated the legal documentation between World Wide and its affiliates: associate agreements and license agreements.

• Maintain up-dated database:

• Act as a member of the Board in certain local operations.

Position Qualifications:

• Financial/Accounting formal training with at least 2-3 years experience in similar position or minimum 5 years experience in a local CFO position.

• Task-oriented person capable of making autonomous decisions.

• Basic knowledge of the region in terms of accounting and tax procedures

• Basic knowledge of the media business

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