IPG Mediabrands
Associate / Senior Associate - Billing & Reconciliation for Media Operations
Business Overview
IPG Mediabrands is the media and marketing solutions division of Interpublic Group (NYSE: IPG). IPG Mediabrands manages over $47 billion in marketing investment globally on behalf of its clients across its full-service agency networks UM, Initiative and Mediahub and through its award-winning specialty business units Healix, Kinesso, MAGNA, Mediabrands Content Studio, Orion Holdings, Rapport, and the IPG Media Lab. IPG Mediabrands clients include many of the world’s most recognizable and iconic brands from a broad portfolio of industry sectors including automotive, personal finance, consumer product goods (CPG), pharma, health and wellness, entertainment, financial services, energy, toys and gaming, direct to consumer and e-commerce, retail, hospitality, food and beverage, fashion and beauty. The company employs more than 18,000 diverse marketing communication professionals in more than 130 countries. Learn more at www.ipgmediabrands.com.
Position SummaryWe are seeking an organized and detail-oriented Billing and Reconciliation Specialist with experience in Digital/Traditional media finance to join our team. The ideal candidate will be responsible for reviewing reports, reconciling accounts, and ensuring billing accuracy for all digital marketing/ traditional marketing campaigns (TV, Radio, etc.). This person will work closely with cross-functional teams to ensure media billing & reconciliation processes align with campaign/marketing goals in a timely, efficient, and effective manner
Responsibilities- Review and reconcile Digital & Traditional marketing campaigns (TV, Radio, etc.) on various mediums to ensure accurate billing.
- Partner with cross-functional teams based onshore to define and document billing processes and ensure they align with campaign timelines.
- Ensure all Media partners assigned to you are reconciled on a monthly basis ahead of monthly payment run and that all media invoices received for the month have been entered into the platform for payment.
- Control and manage billing discrepancies, if any, in a timely manner and collaborate with team members to resolve them
- Communicate with internal teams & partners (TV stations) to ensure billing accuracy, troubleshoot billing discrepancies or adjustment, and correct billing errors when necessary.
- Work with the teams to actualize any rolling budgets month over month.
- Follow ups of invoice details to close reconciliation on time
- Ability to multitask and manage multiple clients, while maintaining a high level of accuracy and meeting deadlines.
- Liaison with internal billing departments, accurately code, upload, and reconcile media budgets.
- Communicate status of campaign financials and maintain relationships with partners and onshore teams.
- Assist team managers in monthly closing and preparation of necessary reports.
- Ensure compliance with company and industry billing standards and regulations.
- Bachelor's degree in business, accounting, or finance (or equivalent experience).
- 1-5 years of experience in media finance, invoicing, and reconciliation/experience in billing, accounts receivable.
- Has hands on experience in managing reconciliation on platforms like Prisma or any media related software. (Knowledge in Mediaocean applications for Billing management would be a plus -Prisma, MBOX, Broadcast steward, Spot Invoice Toolkit, Print Buy toolkit) Experience using a billing management system for financial reporting and analytics.
- Experience working in digital marketing or traditional media required.
- Strong organizational and time management skills. Comfortable working under tight deadlines and able to prioritize tasks effectively.
- Excellent MS Excel skills.
- Attention to detail & strong communication and collaboration skills.
- High level of accuracy and problem-solving skills.
- Comfortable working independently with minimal supervision.
- Comfortable working late shift (09:00 PM to 06:00 AM IST)
At IPG Mediabrands, we are unified behind a commitment to fostering a culture of inclusion and belonging. Together, we shine through a set of shared values and behaviors. We take pride in our responsibility to our clients, communities, and to each other. We embrace differences and recognize the unique value that each of us brings to our community.
We encourage you to apply, as unique backgrounds, perspectives, and lived experiences are welcomed.
We See You at IPG Mediabrands.
About IPG Mediabrands
IPG Mediabrands is the media and marketing solutions division of Interpublic Group (NYSE: IPG). IPG Mediabrands manages over $47 billion in marketing investment globally on behalf of its clients across its full-service agency networks UM, Initiative and Mediahub and through its award-winning specialty business units Healix, Kinesso, MAGNA, Mediabrands Content Studio, Orion Holdings, Rapport, and the IPG Media Lab. IPG Mediabrands clients include many of the world’s most recognizable and iconic brands from a broad portfolio of industry sectors including automotive, personal finance, consumer product goods (CPG), pharma, health and wellness, entertainment, financial services, energy, toys and gaming, direct to consumer and e-commerce, retail, hospitality, food and beverage, fashion and beauty. The company employs more than 18,000 diverse marketing communication professionals in more than 130 countries. Learn more at www.ipgmediabrands.com.
