Sr. Manager, Accounts Payable
Samsung
Vendor Invoice Management
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.
Reviews and manages vendor invoices, payment processing, and vendor master data to achieve operational excellence and mitigate financial risk. Identifies root cause to problems and uses data driven approaches to solve them. Extensive interaction with vendors and internal stakeholders to identify issues and analyze information to provide solutions consistent with our business strategies. This role encompasses vendor invoice lifecycle management, payment execution, vendor banking information governance, and risk management based on company needs, and should go above and beyond assigned responsibility to support the AP function.
Role and Responsibilities
- Review/Approve vendor invoices and Purchase orders in accordance with company policy and three-way match requirements
- Review vendor payments timely and accurately, ensuring compliance with payment terms and cash management guidelines
- Manage vendor bank account information, including verification, updates, and secure handling of sensitive banking data
- Conduct vendor bank information audits to detect and prevent fraud, unauthorized changes, or data discrepancies
- Communicate with business units and vendors to resolve invoice discrepancies, payment inquiries, and provide guidance on submission requirements
- Plan, Develop and conduct trainings for employees about company's vendor payment policy and process
- In charge of AP month end closing in collaboration with other SEA departments and subsidiaries
- Project management to meet time sensitive deadlines and communicate with other corporate departments
- Update company policy and process per global and local policy changes
- Lead reporting and analysis for risk management items (fraud prevention, control gaps, duplicate prevention, and various audits)
- Set a goal and manage KPI in AP vendor area
- Manage and mentor AP team members
Skills and Qualifications
Background/Experience
- Bachelor's degree in Accounting, Finance, Business, or related field required.
- Minimum 8-12 years of experience in Accounts Payable, vendor management, or similar related field including minimum of 2 years of people management
- Experience leading a team and supervising activities of staff members in order to achieve personal and team goals, along with completion of assignments within established timelines and specifications
- Proven record of leading innovative process improvement projects
- Experience with SAP or similar ERP system preferred
Necessary Attributes & Skills
- Solid analytical and problem-solving skills
- Ability to identify discrepancies and inconsistencies
- Strong attention to details is of paramount importance in this role
- Diplomacy and ability to deal with difficult situations
- Excellent Oral & Written Communication Skills
- Solid Microsoft Office skills (Word & Excel) V-lookup and Pivot tables (Macros a+)
- AI tool implementation and usage skills in the job function preferred
- Attitude towards work and timeliness in completing daily tasks
- Sense of urgency to get it done required Relationship Management
- Ability to multi-task in fast paced environment
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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