Sales Finance Professional
Apply NowCompany: Samsung Electronics Co., Ltd.
Location: Ridgefield Park, NJ 07660
Description:
Position Summary
1. Support internal management decision-making by producing business performance analysis which is identified, measured and delivered economic information of business activities by accounting method.
2. Establish management and execution plans and conduct financial supports such as managing actual implementation of plans to maximize business performance.
3. Optimize and efficiently manage internal policy & procedure based on business accounting standards and business circumstance.
Role and Responsibilities
The CE Sales Finance team is seeking an experienced finance professional with finance or accounting experience. This position will be responsible for managing CE's marketing expenses with vendors and will be solely in charge of CE's free-of-charge ("FOC") marketing sample management.
As CE's Sales Finance professional, the candidate will be responsible for:
As the person-in-charge of CE's marketing FOCs, the candidate will be solely responsible for reviewing all FOC order requests and directly report to the CE Controller on all orders. The candidate will also be responsible for monitoring and reporting on all FOC activity and spend by product group, and will work closely with the accounting and audit teams for proper management and control of sample inventory.
Necessary Skills / Attributes:
This role is for a process and relationship manager. It requires a dedicated candidate who can independently manage the company's marketing finance process on a daily basis. The position works daily with numerous counterparts across the organization, continuously working as a guide and manager for our marketing teams, having regular interactions with the procurement team for vendor and project bidding issues, and working in partnership with our accounting, risk management and financial management teams through day-to-day operations. As a representative of the CE Sales Finance team and SEA's Business Management Division, the role requires a candidate with great attention to detail, effective process management and execution skills, and the passion for best business practices with the company's best interest in mind. The candidate would need to be able to manage numerous interactions and handle many challenging situations in a high pressured environment.
Requirements:
Skills and Qualifications
Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/
Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/
#LI-JM1
* Please visit Samsung membership to see Privacy Policy, which defaults according to your location. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here.
At Samsung, we believe that innovation and growth are driven by an inclusive culture and a diverse workforce. We aim to create a global team where everyone belongs and has equal opportunities, inspiring our talent to be their true selves. Together, we are building a better tomorrow for our customers, partners, and communities.
* Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.
Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process
Samsung Electronics America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, please contact our Reasonable Accommodation Team (855-557-3247) or SEA_Accommodations_Ext@sea.samsung.com for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.
1. Support internal management decision-making by producing business performance analysis which is identified, measured and delivered economic information of business activities by accounting method.
2. Establish management and execution plans and conduct financial supports such as managing actual implementation of plans to maximize business performance.
3. Optimize and efficiently manage internal policy & procedure based on business accounting standards and business circumstance.
Role and Responsibilities
The CE Sales Finance team is seeking an experienced finance professional with finance or accounting experience. This position will be responsible for managing CE's marketing expenses with vendors and will be solely in charge of CE's free-of-charge ("FOC") marketing sample management.
As CE's Sales Finance professional, the candidate will be responsible for:
- The review and approval of all CE marketing payments to vendors (approx. 4,000 transactions per year totaling over $400M in expenses)
- Independently managing CE's marketing expense process and being the point of contact for CE marketing product teams
- Yearly marketing Campaign budget coordination and set up
- Plan Proposal review and management for budget approval of various marketing projects conducted across the CE business
- FOC order review and management
- Financial reporting and budget tracking of all CE product categories
- Aging Execution Order management + aging invoice management
- Providing monthly and ad hoc training for the marketing organization
- HQ and Audit requests
As the person-in-charge of CE's marketing FOCs, the candidate will be solely responsible for reviewing all FOC order requests and directly report to the CE Controller on all orders. The candidate will also be responsible for monitoring and reporting on all FOC activity and spend by product group, and will work closely with the accounting and audit teams for proper management and control of sample inventory.
Necessary Skills / Attributes:
This role is for a process and relationship manager. It requires a dedicated candidate who can independently manage the company's marketing finance process on a daily basis. The position works daily with numerous counterparts across the organization, continuously working as a guide and manager for our marketing teams, having regular interactions with the procurement team for vendor and project bidding issues, and working in partnership with our accounting, risk management and financial management teams through day-to-day operations. As a representative of the CE Sales Finance team and SEA's Business Management Division, the role requires a candidate with great attention to detail, effective process management and execution skills, and the passion for best business practices with the company's best interest in mind. The candidate would need to be able to manage numerous interactions and handle many challenging situations in a high pressured environment.
Requirements:
- Bachelor's degree in Finance, Accounting, Economics or a related field
- Background in Finance/Accounting, Business Management or Audit a plus.
- SAP system knowledge and experience with marketing expense process preferred.
Skills and Qualifications
Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/
Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/
#LI-JM1
* Please visit Samsung membership to see Privacy Policy, which defaults according to your location. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here.
At Samsung, we believe that innovation and growth are driven by an inclusive culture and a diverse workforce. We aim to create a global team where everyone belongs and has equal opportunities, inspiring our talent to be their true selves. Together, we are building a better tomorrow for our customers, partners, and communities.
* Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.
Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process
Samsung Electronics America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, please contact our Reasonable Accommodation Team (855-557-3247) or SEA_Accommodations_Ext@sea.samsung.com for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.