Finance Manager
Samsung
Financial Reporting Supervisor
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 States—investing 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.
The position will be responsible for the supervision and documentation of financial reporting and analysis. This role will participate in 3-12 month rolling forecasting, month-end closing, and various ad-hoc financial and accounting duties. This role will also assist in non-trade inter-company transactions. Leads/supervises 1-2 junior level Finance professionals, typically without budget or hire/fire authority. Focuses on coaching, coordination and delegation of operational work responsibilities.
Role and Responsibilities
- Perform 3-12 month business forecasts, which includes comprehensive forecast of mobile devices' sales quantities, whole sale prices, COGSs, and overhead expenses as well as of business environment changes to provide better financial visibility to management
- Perform month-end closing from a managerial standpoint, using SAP Controlling (CO) module while closely monitoring revenue/COGS recognition and expense allocation of various profit segments and cost centers.
- Prepare and provide various financial reports both regularly and as needed to management
- Coordinate monthly inter-company transaction activities and follow-up requests to maintain a proper level of margin for HQ Support Division
- Perform other finance or administrative support projects and tasks assigned by financial management (i.e. royalty calculation, litigation-related financial data supports, and etc.)
- Under uncertain economic conditions, such as fluctuating tariffs, present appropriate materials for Leadership decision-making through precise profit and loss simulations
Skills and Qualifications
Background/Experience to qualify for this position, the following minimal background and skill levels are required:
- Bachelor's degree in Finance, Business, Accounting, or related field and 5 – 6 years of progressive, post-baccalaureate experience in the job offered.
- Strong business acumen; understanding commercial terms and potential impact and risk across business units
- Excellent communication skills
- Ability to work across departments to resolve urgent issues
- Experience in business process review and analysis, including financial and operational analysis and audits
- Proficient with Excel. SAP or other ERP system experience is plus.
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 View phone number on click.appcast.io) or View email address on click.appcast.io for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.
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