Financial Resource Management Manager at Samsung

Position Summary

Headquartered in Englewood Cliffs, N.J., Samsung Electronics America, Inc. (SEA), the U.S. Sales and Marketing subsidiary, is a leader in mobile technologies, consumer electronics, home appliances, enterprise solutions and networks systems. For more than four decades, Samsung has driven innovation, economic growth and workforce opportunity across the United Statesinvesting over $100 billion and employing more than 20,000 people nationwide. By integrating our large portfolio of products, services and AI technology, we're creating smarter, sustainable and more connected experiences that empower people to live better. SEA is a wholly owned subsidiary of Samsung Electronics Co., Ltd.

Role and Responsibilities

• Prepare and perform month-end closing from a managerial standpoint, using SAP Controlling (CO) module while closely monitoring expenses/cost allocation of various profit segments/cost centers.
• By reviewing monthly/quarterly/yearly Profit & Loss (P&L) statements and other financial reports consolidating financial results, conduct profit analysis vs target, previous forecast and prior year in order to track sales/profit and cost fluctuations.
• Investigate irregular financial trends by linking financial information with business results, previous variance analyses, in-depth raw data examination, and close communication with related business teams/divisions.
• Conduct 3-month business forecasts, including comprehensive forecasts on overhead expenses as well as of business environmental changes to provide better financial visibility to management.
• During monthly forecast process, reviewing and analyzing the data inputted by Sales/Marketing teams (price change, quantity change, SD/marketing spend) to understand the impact to business for communication with CFO/controller and HQ GBM counterparts
• Review monthly financial reports including sales & profit and O/H spending before final reporting to CFO/Controller and leadership
• Review PUMIs for all NAHQ shared services department including HR, Legal, Government Relations and Corporate Marketing in advance to controller's approval, and make sure to understand the validity of the cost and calculate potential impact to SEA P&L forecasts
• Guide each functional teams on yearly budget on major expense items including social/travel expenses and IT expenses in order to manage subsidiary OH in high-level perspectives.

Skills and Qualifications

• Bachelor's degree in Accounting or Finance or a related field from a four-year college or university.
• Have at least 7~10 years related accounting experience with previous financial modeling experience preferred.
• Have accounting experience utilizing SAP Software (Desirable).
• Must have Microsoft Office Suite of PC software applications experience with Excel spreadsheet preparation skills.

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.

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 [email protected] for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.