Accounting Manager, Treasury

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We believe that innovation and growth are driven by an inclusive culture and a diverse workforce. We're dedicated to empowering people to be their true selves. Together, we're building a better tomorrow for our employees, customers, partners, and communities.

What You'll Do

Accounting Manager, Treasury will be a key member of Accounting Department. The candidate will be responsible for various accounting functions, including daily banking activities, cash forecasting, payroll-related closing processes, etc., and lead various process improvement projects within Accounting. In addition, Accounting Manager, Treasury must be able to work independently, as well as within a team environment in order to provide outstanding service to our internal and external business partners.

The ideal candidate has exceptional skills in treasury and analytics and an innovative mindset to approach finance problems differently. We are looking for a versatile treasury professional looking to build their career and become an integral part of our Accounting operations.

Location: Hybrid, working onsite at our San Jose, CA headquarters 3 days a week, with the flexibility to work remotely the remainder of your time.

Job ID: 41890

• Develop, implement, and monitor performance metrics and reporting on established KPI's within Treasury operations team.
• Manage daily administration of the cash management process which includes daily journal entries, cash analysis, wire transfers, investment, borrowings, and various other cash activities.
• Manage companies payment activities, including global netting, weekly payment cycles and wire payments in USD and other foreign currencies and monitor balances and status.
• Develop methodologies for accurate cash forecasting and prepare annual and monthly cash forecasts required by management.
• Prepare quarterly and annual indirect method cashflows and assist with quarterly and annual audits and internal control compliance.
• Work as a bank liaison for the department (with the company's main bank and other subsidiaries) and maintain and update bank account signatories.
• Oversee and manage bank accounts including formation of new entities, dissolutions and closures, changes to our account structure and records.
• Review payroll journal entries prepared and processed by Payroll Shared Service Center and resolve variances by partnering with stakeholders.
• Develop methodologies for best estimate of payroll-related accruals and review month-end accruals.
• Monitor vendor registration processes and ensure accuracy of vendor information.
• Manage and support Expense Report review processes by analyzing expense reimbursement data and interpreting the statistical information to ensure compliance to company policies and identify the areas of improvements.
• Work as a liaison with North America Insurance team relating to companies' various insurance programs.
• Analyze the department's procedures and protocols, present management with any plans to increase efficiency and or accuracy.
• Own and/or provide support for a variety of Treasury-related tasks and other ad-hoc projects as needed.

What You Bring

• Bachelor's degree in Accounting (large public company experiences desirable) and 10 years of experience, or an MS/MBA and 8 years of experience, or a PhD and 5 years of experience preferred.
• 3+ lead or supervisory experiences in Accounting with ability to train, manage and motivate staff in order to complete required projects and meet deadlines.
• Experiences in cash forecasting and cash management.
• Exceptional leadership skills with ability to influence others and earn respect of team and business partners.
• Ability to exercise good judgement and resolve conflicts with external and internal business partners.
• Self-motivated individual with demonstrated experience and continuous desire in improving and streamlining processes.
• Korean language skill is a big plus but not required.
• ERP systems experience (SAP a plus).
• Excellent verbal and written communication skills with ability to analyze and write commentary to explain results/variances in a concise and clear manner.
• Advanced Microsoft Excel skills (pivot tables, V-Look, etc.).
• You're inclusive, adapting your style to the situation and diverse global norms of our people.
• An avid learner, you approach challenges with curiosity and resilience, seeking data to help build understanding.
• You're collaborative, building relationships, humbly offering support and openly welcoming approaches.
• Innovative and creative, you proactively explore new ideas and adapt quickly to change.

#LI-KD1

What We Offer The pay range below is for all roles at this level across all US locations and functions. Individual pay rates depend on a number of factors-including the role's function and location, as well as the individual's knowledge, skills, experience, education, and training. We also offer incentive opportunities that reward employees based on individual and company performance.

This is in addition to our diverse package of benefits centered around the wellbeing of our employees and their loved ones. In addition to the usual Medical/Dental/Vision/401k, our inclusive rewards plan empowers our people to care for their whole selves. An investment in your future is an investment in ours.

Give Back With a charitable giving match and frequent opportunities to get involved, we take an active role in supporting the community.
Enjoy Time Away You'll start with 4+ weeks of paid time off a year, plus holidays and sick leave, to rest and recharge.
Care for Family Whatever family means to you, we want to support you along the way-including a stipend for fertility care or adoption, medical travel support, and an errand service.
Prioritize Emotional Wellness With on-demand apps and paid therapy sessions, you'll have support no matter where you are.
Stay Fit Eating well and being active are important parts of a healthy life. Our onsite Caf and gym, plus virtual classes, make it easier.
Embrace Flexibility Benefits are best when you have the space to use them. That's why we facilitate a flexible environment so you can find the right balance for you.

Base Pay Range

$127,170 - $196,830 USD

Equal Opportunity Employment Policy
Samsung Semiconductor is proud to be an equal opportunity workplace and affirmative action employer. We're committed to fostering an inclusive environment where everyone feels welcomed and empowered to do their best work. We hire the best talent for our teams, regardless of race, religion, color, age, disability, sex, gender identity, sexual orientation, ancestry, genetic information, marital status, national origin, political affiliation, or veteran status. Our focus is on hiring teammates with humble expertise, kindness, dedication and a willingness to embrace challenges and learn together every day.

Covid-19 Policy
To help keep our employees, customers, and communities safe, we've developed guidelines for our teams. Currently, we encourage vaccination for all employees, and may require it depending on job functions (e.g., traveling for business, meeting with customers). While visiting our offices or attending team events, we ask employees to complete a daily health questionnaire and complete a weekly COVID test. Our COVID policies are subject to change depending on public health, regulatory and business circumstances.

Applicant Privacy Policy
https://semiconductor.samsung.com/us/careers/privacy