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Sales Finance Professional

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Position Summary

1. Support internal management decision-making by producing business performance analysis which is identified, measured and delivered economic information of business activities by accounting method.
2. Establish management and execution plans and conduct financial supports such as managing actual implementation of plans to maximize business performance.
3. Optimize and efficiently manage internal policy & procedure based on business accounting standards and business circumstance.

Role and Responsibilities

The CE Sales Finance team is seeking an experienced finance professional with finance or accounting experience. This position will be responsible for managing CE’s marketing expenses with vendors and will be solely in charge of CE’s free-of-charge (“FOC”) marketing sample management.

As CE’s Sales Finance professional, the candidate will be responsible for:

The review and approval of all CE marketing payments to vendors (approx. 4,000 transactions per year totaling over $400M in expenses)
Independently managing CE’s marketing expense process and being the point of contact for CE marketing product teams
Yearly marketing Campaign budget coordination and set up
Plan Proposal review and management for budget approval of various marketing projects conducted across the CE business
FOC order review and management
Financial reporting and budget tracking of all CE product categories
Aging Execution Order management + aging invoice management
Providing monthly and ad hoc training for the marketing organization
HQ and Audit requests

As the person-in-charge of CE’s marketing FOCs, the candidate will be solely responsible for reviewing all FOC order requests and directly report to the CE Controller on all orders. The candidate will also be responsible for monitoring and reporting on all FOC activity and spend by product group, and will work closely with the accounting and audit teams for proper management and control of sample inventory.

Necessary Skills / Attributes:
This role is for a process and relationship manager. It requires a dedicated candidate who can independently manage the company’s marketing finance process on a daily basis. The position works daily with numerous counterparts across the organization, continuously working as a guide and manager for our marketing teams, having regular interactions with the procurement team for vendor and project bidding issues, and working in partnership with our accounting, risk management and financial management teams through day-to-day operations. As a representative of the CE Sales Finance team and SEA’s Business Management Division, the role requires a candidate with great attention to detail, effective process management and execution skills, and the passion for best business practices with the company’s best interest in mind. The candidate would need to be able to manage numerous interactions and handle many challenging situations in a high pressured environment.

Requirements:

Bachelor's degree in Finance, Accounting, Economics or a related field
Background in Finance/Accounting, Business Management or Audit a plus.
SAP system knowledge and experience with marketing expense process preferred.

Skills and Qualifications

Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/

Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/

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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 (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.

Average salary estimate

$85000 / YEARLY (est.)

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$70000K

$100000K

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What You Should Know About Sales Finance Professional, SEC

As a Sales Finance Professional at Samsung, located right in Ridgefield Park, NJ, you'll play a vital role in supporting internal management through insightful business performance analysis. This isn't just about number crunching – it's about producing concrete economic information to help us make those all-important decisions. You'll have the exciting responsibility of managing and optimizing our marketing expenses alongside various vendors, accounting for an impressive $400M in annual transactions. Dive deep into the financial guts of CE's marketing strategies as you oversee the review and approval of payments, collaborate with product teams, and spearhead yearly campaign budgets. Sound compelling? You'll also take charge of our free-of-charge marketing sample management, which means you'll get to prioritize and execute multiple FOC orders while closely liaising with our accounting and audit teams. We’re looking for someone with a keen eye for detail, capable of guiding our marketing folks and managing daily operations with finesse. Your finance or accounting background will shine here, particularly if you have SAP system experience. This role is tailor-made for a process-focused relationship manager who thrives under pressure. If you're passionate about combining analytical skills with business strategy, jump aboard as we build a better tomorrow together!

Frequently Asked Questions (FAQs) for Sales Finance Professional Role at SEC

What are the main responsibilities of a Sales Finance Professional at Samsung?

The Sales Finance Professional at Samsung is tasked with supporting management decision-making through comprehensive business performance analysis. This includes overseeing marketing expenses, managing various vendor interactions, and organizing yearly marketing campaign budgets. You'll also handle the approval process for roughly 4,000 transactions annually, managing all aspects of free-of-charge marketing sample requests and overseeing financial reporting.