What are the responsibilities and job description for the Manager of Finance position at Samsung Electronics America?
Position Summary
Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a leader in mobile technologies, consumer electronics, home appliances and enterprise solutions. The company pushes beyond the limits of today’s technology to provide groundbreaking connected experiences across its large portfolio of products and services, including mobile devices, home appliances, home entertainment, 5G networks and digital displays. As an eleven-time winner of EPA’s ENERGY STAR® Partner of the Year Award for Sustained Excellence, SEA is dedicated to making a positive impact on the environment through its eco-conscious products, practices and operations.
People | Excellence | Change | Integrity | Co-prosperity
Role And Responsibilities
The position will be responsible for the supervision and documentation of financial reporting and analysis. This role will participate in 3-6 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.
Essential Duties and Responsibilities include the following: Other duties may be assigned. In this position, either directly or through others, the incumbent will:
Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/
Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/
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 SEA_Accommodations_Ext@sea.samsung.com for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.
Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a leader in mobile technologies, consumer electronics, home appliances and enterprise solutions. The company pushes beyond the limits of today’s technology to provide groundbreaking connected experiences across its large portfolio of products and services, including mobile devices, home appliances, home entertainment, 5G networks and digital displays. As an eleven-time winner of EPA’s ENERGY STAR® Partner of the Year Award for Sustained Excellence, SEA is dedicated to making a positive impact on the environment through its eco-conscious products, practices and operations.
People | Excellence | Change | Integrity | Co-prosperity
Role And Responsibilities
The position will be responsible for the supervision and documentation of financial reporting and analysis. This role will participate in 3-6 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.
Essential Duties and Responsibilities include the following: Other duties may be assigned. In this position, either directly or through others, the incumbent will:
- Perform 3-9 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.)
- 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
- Bilingual in English and Korean
- 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.
Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/
Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/
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- 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 SEA_Accommodations_Ext@sea.samsung.com for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.