Reporting jointly to the GroupM Turkey CEO and the EMEA CFO, the CFO will oversee the financial activities for GroupM Turkey. The CFO will have functional responsibility over the financial teams of the five media agencies operating in Turkey. The role is part of the GroupM Turkey ExCo (Executive Committee), and the CFO will collaborate closely with agency CEOs and other senior leaders to drive business strategy and operational efficiency.
Responsibilities
Financial Management:
Oversee the financial operations of GroupM companies in Turkey, ensuring accurate financial reporting in compliance with GroupM and WPP standards.
Lead the Turkish Finance function (team of 60), ensuring effective financial planning, budgeting, and forecasting.
Provide support and guidance to GroupM Turkey and Agency Management on business plans and financial strategies.
Review monthly financial results and reporting, ensuring alignment with forecasts and budgets.
Manage quarterly forecasts, annual budgeting, and review performance against set targets.
Work closely with the CEO and Regional CFO to ensure the successful delivery of financial goals.
Ensure efficient cash flow, working capital management, and credit risk management.
Oversee the preparation of statutory financial statements under IFRS and liaise with external auditors and stakeholders.
Lead financial operations in accounting, reporting, working capital management, treasury, receivables, payables, and taxation.
Commercial Management:
Work with Agency CEOs on key financial and commercial matters, supporting the development of new revenue opportunities and growth strategies.
Assist in pricing strategies, profitability analysis, and negotiation of terms with clients and suppliers.
Develop models and processes for business performance improvements, including financial analysis of client contracts and new business pitches.
Collaborate with the CEO and senior leadership on strategic business planning, ensuring alignment of financial and operational objectives.
Corporate Governance and Compliance:
Ensure compliance with local and international financial regulations, including Sarbanes-Oxley (SOX) and IFRS.
Manage internal controls and compliance reporting to meet GroupM and WPP standards.
Maintain strong governance over financial processes and ensure legal and regulatory compliance.
Financial Structure and Talent Management:
Review and optimize the finance structure in Turkey, ensuring the right capability, competency, and capacity within the team.
Recruit, train, and manage top talent within the finance function, fostering a collaborative and high-performing team.
Oversee budgeting management and ensure timely and accurate financial reporting to headquarters.
Operational Efficiency:
Drive the development and implementation of systems and processes to improve financial reporting accuracy and timeliness.
Work with IT and digital teams to implement business intelligence tools, digital solutions, and operational efficiencies.
Support the Turkish ExCo in driving change initiatives to optimize operational productivity and cost management.
Required Skills and Experience:
Extensive knowledge of financial regulations and accounting standards, particularly IFRS and Sarbanes-Oxley (SOX).
Experience in managing financial operations in a media agency or media owner environment is preferred.
Proven expertise in financial risk management, budgeting, forecasting, and P&L management.
Strong business acumen and ability to collaborate with senior leadership to develop and execute strategic financial plans.
Fluent in English.
Experience working in a matrixed organizational structure.
Strong leadership, communication, and interpersonal skills.
Why Join GroupM?
Be part of a leading global organization in the media investment space.
Work in a dynamic and innovative environment with global exposure.
Shape the financial future of GroupM Turkey and contribute to the company’s success.