Jennifer Nystrom
Bloomfield Hills,MI
Summary
Highly Effective Leader with more than 25 years of finance experience for advertising agencies. Energetic and forward-thinking team member focused on meeting financial goals through strategic planning, leadership, collaboration and communication. Demonstrated skill and success managing internal and external accounting. Key experience with accounting and legal compliance, new business/onboarding initiatives, financial software implementation, work force adjustments, client and internal audits, and compensation structures and negotiations.
Overview
31
31
years of professional experience
Work History
SVP Global Client Finance Lead
BBDO New York
11.2018 - 04.2024
- Responsible for all of the working capital office (BBDO NY Consolidated)
- Responsible for all AT&T client reporting and management of fee (BBDO NY Consolidated)
- Heineken Global Finance Lead (Omnicom)
- Ford Global Finance Lead (Omnicom)
- ExxonMobil Americas Commercial Lead (Omnicom)
Domestic Finance and Strategy Director
GTB, WPP
10.2015 - 11.2018
- Oversee all domestic client finance for agency (over 85% of agency revenue)
- Manage all client scope negotiations and legal matters related to client business
- Drive growth initiatives with executive team and clients
- Responsible for financial submissions (RFQs and pitches) and development of client compensation proposals
- Worked closely with organizational leadership to guide operational strategy
Finance Director
Ignite Social Media
10.2013 - 09.2014
- Manage client bill/pay and cash flow for agency
- Responsible for all reporting to Chrysler financial
Senior Finance Manager
Commonwealth/McCann (IPG) and Goodby, Silverstein & Partners
08.2012 - 10.2013
- Responsibilities include management of all external and internal accounting Detroit office (agency for the Detroit Hub of the global advertising agency Commonwealth)
- Manage the bill/pay department for agency
- Responsible for all reporting to GM financial clients and ad managers which includes forecast, accruals and billing reports
- Established process and policy for employee expense reimbursement for agency
- Supervise all client billings ($110 million +) and vendor payments
- Responsible for agency compliance with GM purchasing standards and SOX
- Key Role in transition of business from GSP to Partnership (GSP/IPG) to IPG.
Finance Manager
Goodby, Silverstein & Partners
01.2011 - 07.2012
- Responsible for all external and internal accounting
- Responsible for all client reporting to GM Financial
- Established process and policy for employee expense reimbursement for agency
- Responsible for agency compliance including client and internal audits
Associate Finance Director
GM Planworks
01.2002 - 01.2006
Senior Finance Manager
Leo Burnett
01.1996 - 01.2002
Supervisor of Accounting
McCann, Erickson Detroit
01.1993 - 01.1996
Education
Master's Degree - Finance, Corporate Accounting
Walsh College
Troy01.1996
Bachelor of Arts - Accounting
Michigan State University
East Lansing, MI01.1993
Skills
- Financial Performance and Reporting
- Working Capital Management
- Strategic Planning
- Cross-functional Team Leadership
- Highly Effective Communicator and Public Speaker
- Client compensation negotiations
- Integrity and Transparency
Timeline
SVP Global Client Finance Lead
BBDO New York
11.2018 - 04.2024
Domestic Finance and Strategy Director
GTB, WPP
10.2015 - 11.2018
Finance Director
Ignite Social Media
10.2013 - 09.2014
Senior Finance Manager
Commonwealth/McCann (IPG) and Goodby, Silverstein & Partners
08.2012 - 10.2013
Finance Manager
Goodby, Silverstein & Partners
01.2011 - 07.2012
Associate Finance Director
GM Planworks
01.2002 - 01.2006
Senior Finance Manager
Leo Burnett
01.1996 - 01.2002
Supervisor of Accounting
McCann, Erickson Detroit
01.1993 - 01.1996
Master's Degree - Finance, Corporate Accounting
Walsh College
Bachelor of Arts - Accounting
Michigan State University