So far, this series has taken a look at the lives of our client-facing teams. Today, we’re changing things up and speaking to our finance manager, Jeffrin Antony. In this Day in the Life, Jeffrin talks about the importance of communication & storytelling in a finance role and the life lessons he’s learnt from the inimitable Arsène Wenger. 

What led you to a career in media?

I’ve spent my education training for a role in finance. I wasn’t necessarily looking to work in the media industry. During my ACCA exams I gained three years of practical experience in practice: accounting firms that do tax returns for individuals and businesses. After I completed my exams, I wanted to make the jump to industry. In practice, it’s a lot to do with year-end activity; whereas in industry the work you do is tailored to the industry you choose to work in. There’s variety in budgeting, forecasting and month end work.

It was this search for a role in industry that led me to my role as a finance manager at MI Media. It has been great to learn more about an industry I didn’t have any experience in and develop my understanding of how advertising works. Now when I walk down the street and see a billboard, I know that’s an OOH campaign!

What does a typical day look like for you?

My role as a finance manager is unpredictable and involves a lot of problem solving. I collaborate with every department across the business, from client services to the managing directors. Externally, I also build relationships with various stakeholders from suppliers to rebate partners. Every day there will be questions to answer, whether it’s about credit insurance or media owners. Once each query has been dealt with, I can get on with my day-to-day work which can involve anything from proactively managing accounts receivable and account payable to optimise our cash flow, to delivering detailed variance analysis and financial reporting to support the Finance Director in providing key insights to our senior leadership team. My job is definitely about finding the right balance between dealing with requests while managing people’s expectations.

What is your proudest moment at MI?

Leading an entire business audit has been a real highlight. I had worked on audits before, but this time the project was entirely in my hands. I was the main point of contact for our auditors, using the team around me (including client services) to gather all the information they needed. I had to make sure the auditors understood how the media industry works and how we as a business make money. Taking on this responsibility was one of the biggest steps in my career.

What advice would you give to someone looking to become a Finance Manager?

Build a solid foundation and understand the principles of accounting, then expand on this. Don’t just receive a set of figures and take them at face value, understand the story behind them. What do these figures really mean? What is the impact of them? From there it’s about being able to communicate this story in a way that doesn’t rely on accounting terminology so that stakeholders across the business can understand it.

Be a people person. Make sure you’re always there for your team and understand their needs so that you can play a crucial role in their development, rather than just delegating work to them. Also make sure you build relationships outside of the finance team, don’t become insular but branch out. Build a presence in every team and be a resource for them. Work on finding ways to add value. How can you improve the processes around the flow of information? Can you have a direct impact on the business by developing tools that efficiently deliver insights which will drive key business decisions.

Develop your commercial acumen by understanding the industry you’re working in and its different revenue streams. From there, start to consider how you can start influencing decision making. Look at the bigger picture behind the numbers to play a role in creating the story around them, what it means and what you would recommend on the back of it.

What mistake have you learnt the most from?

In finance you will make mistakes as part of your career. Understand that it’s bound to happen as part of your development. What you should be doing is learning from them. Sit back and reflect on what you got wrong. Don’t let it affect your day but understand how you made the mistake and implement changes for the future.

I could tell you 50 or 100 mistakes I’ve made but what has helped me the most is reflecting on my mistakes instead of shying away from them. Even directors make material mistakes, everyone does it!

Who’s your role model?

Arsène Wenger is like a father figure to me. Not just because he used to manage the team I support. It’s who he was and how he represented the company he worked for. He wasn’t afraid to show his ambition.

One of the only books I’ve read in my life is Wenger’s Red and White. The early chapters are about his obsession with football growing up. He discusses how the road to success is a lonely one, you have to make sacrifices. For Wenger, that meant watching tapes of football games while others were at the pub. But those sacrifices lead to him changing the culture of football when he came to England.

There’s a quote by Arsene Wenger during an interview: “Don’t be scared to be ambitious. It’s not a humiliation to have a high target and to fail. For me, the real humiliation is to have a target and not to give everything to reach it.”

You should always be setting targets and striving to develop your skills. If you want to be a CFO, don’t be afraid to set that ambitious target. Some people may doubt you but take the risk and believe in yourself. Even if you fail, you tried. That’s what matters.

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