Senior Finance Manager
Samsung
Marketing and Sales Expenditure ManagerHeadquartered 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 managing marketing and sales expenditures for the company, training sales and marketing teams on company policy guidelines, reviewing sales and marketing programs, conducting contract content reviews, and resolving financial and accounting issues. The incumbent will also be responsible for detailed expenditure tracking, payment processing, budget/actual analysis, and other in-depth analytical reporting. Additionally, the incumbent will review and assess the reasonableness of marketing and sales expenditure forecasts, as well as oversee month-end closing and audits for marketing expenses.Role and ResponsibilitiesEssential duties and responsibilities include the following: Other duties may be assigned. In this position, either directly or through others, the incumbent will:Review pre- and post-ROI for marketing and sales deduction investment activities.Ensure accurate accruals for investment activities during month-end closing.Oversee month-end closing activities and closing reports, including account reconciliation, sales deduction roll-forward, and forecast variance analysis.Prepare managerial and internal reports on marketing and sales deduction transactions.Evaluate the reasonableness of marketing and sales deduction expense forecasts and support the forecasting process.Lead business owners and collaborate with sales account and marketing teams to gather requirements, analyze data, and develop solutions aligned with business strategies.Provide timely support for quarterly and yearly internal/external audits.Process and validate customer and vendor payments related to sales and marketing programs.Own the marketing and sales expense management policy and process, and conduct regular training for marketing and sales teams.Monitor and report on the team's KPIs regularly.Manage process improvement projects and initiatives for marketing and sales deduction expenses, including system implementation and upgrades.Skills and QualificationsBackground/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 8+ years of progressive, post-baccalaureate experience in the job offered.Experience in accounting and monthly closingExperience in business process review and analysis, including financial and operational analysis and auditsProficient 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 ProcessSamsung 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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