Sr. Finance Manager

Position SummaryAt Samsung Electronics America, we take pride in the creativity and diversity of our talented people – they are at the forefront of everything we do. Their skillset and mindset drive our continued success. Only the resilient and resourceful thrive in the daily dose of unexpected at Samsung. We unapologetically push to achieve unforeseen potential in everything we do, both within the workplace and at home. We fearlessly face challenges head-on, conquer the unconquerable, and are comfortable living in the uncomfortable zone. Together we make the impossible possible. Because at Samsung, we Own the Unknown.Are you ready to #OwnTheUnknown? Join us.Role and ResponsibilitiesThe Sr. Finance Manager position will be responsible for the management of marketing and sales expenditure for the Company, establishing and determining policy guidelines, directing Sales Account Directors and Marketing Directors, performing the marketing program review, and resolving financial and accounting issues. The incumbent will also responsible for detailed marketing expenditure tracking, open program management, budget and actual expense analysis, program aging report and other various in-depth analysis reporting to senior managers and directors of Company. In addition, the incumbent will review and determine reasonableness of marketing and sales expenditure forecast for each period, working closely with marketing senior management. The position will be responsible for all financial transactions related to the marketing and sales programs, including accrual calculations, and financial closing as well as managing ad hoc projects.Essential Duties And Responsibilities include the following: Other duties may be assigned. In this position, either directly or through others, the incumbent will:

Determine and make decision on marketing and sales deduction investment activities, lead financing closing and reporting for the company, which include review of customer and vendor program agreements, and other internal and external reports

Manage the progress of open marketing programs ensuring the progress amounts are within guidelines of the original approved budget and coordinate with marketing managers to make appropriate budget and contract modifications

Develop marketing program tracking method to assist management and marketing managers in providing financial status of the marketing expenditures

Responsible for managerial and internal use reporting on marketing and sales deduction transactions

Review reasonableness of marketing and sales deduction expense forecast and coordinate with marketing managers and vendors on the marketing expense plan and forecast

Lead business owners and work closely with sales account and marketing teams to collect requirements, analyze information, and develop solutions consistent with business strategies

Develop and execute marketing expense and sales deduction audits performing process and financial audits, documenting audit findings and implementing of audit recommendations

Manage marketing and sales deduction expense process improvement projects and initiatives through evaluation of current business processes and identification of improvement plan

Responsible for short and long range planning for business

Direct and manage ad hoc projects as assigned by management, leading cross functional teams

Demonstrate strong leadership, presentation, and customer and vendor relationship management skills

Background/Experience to qualify for this position, the following minimal background and skill levels are required:

Bachelor’s or Master’s degree Preferred in Finance, Business, Accounting, Information Systems, or related field and minimum of 12 years of progressive, post-baccalaureate experience in the job offered or occupation requiring marketing fund management.

Experience in managing financial accounting closing process and management of teams

Experience in developing financial and operational analysis and presentation to management

Experience in establishing policies and procedures and supporting marketing and sales departments

Demonstrated ability to identifying areas of process improvement and managing improvement projects until completion

Experience in business process review and analysis, including financial and operational analysis and audits

Supervisory or management level experience required in a related role

Skills and QualificationsPhysical/Mental Demands and Working Conditions:

The position requires the ability to perform the essential duties and responsibilities in the following environment:

Work is generally performed in an office environment.

Operate a computer keyboard and view a video display terminal 50% of work time, including prolonged periods of time.

The movement and transportation of equipment, most of the time under 25 pounds.

Performs work under time schedules and stresses which are normally periodic or cyclical, including time sensitive job stress, fatigue, unpaid over-time, intellectual challenge, constant technical data feedback, language barriers, and business management stress.

Machines, tools, equipment, and work aids representative and commonly associated with PCs, printers, and office work areas.

Frequently works additional hours beyond normal schedule.

Under very little direct supervision with a high level of responsibility to apply general policies and guidelines where decisions are seldom monitored and consequences of decisions adversely affect operating results and management decisions. Complete access to confidential company data where disclosure may jeopardize the company’s competitive position.

Samsung Electronics America, Inc. is committed to employing a diverse workforce, and provides 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.#LI-EM1

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Job Alerts : If you would like to be notified of new opportunities when they are posted, please click here at https://sec.wd3.myworkdayjobs.com/SamsungCareers/jobAlerts . You will be asked to create an account first if you do not already have one.Samsung Electronics is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, we are transforming the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, and network systems, and the entire semiconductor industry with our memory, system LSI, foundry, and LED solutions. Samsung is also leading in the development of the Internet of Things through, among others, our Smart Home and Digital Health initiatives.Since being established in 1969 , Samsung Electronics has grown into one of the world’s leading technology companies, and become recognized as one of the top global brands. Our network now extends across the world, and Samsung takes great pride in the creativity and diversity of its talented people, who drive our growth. To discover more, please visit our official newsroom at ( https://news.samsung.com/global/ ).