FInancial Analyst

As a Financial Analyst at Samsung Electronics America, your main responsibilities include conducting business forecasts, managing month-end closing processes, analyzing P&L statements, investigating financial trends, and collaborating with sales and marketing teams. You'll play a key role in enhancing financial visibility and providing insights to the CFO and controllers, making sure financial operations stay smooth and aligned with business goals.

To apply for the Financial Analyst position at Samsung Electronics America, you need a Bachelor's degree in Accounting or Finance, along with 2-3 years of related accounting experience. Proficiency in Microsoft Office, particularly Excel, is essential, and experience with SAP software is desirable. Being bi-lingual in Korean and English is a plus that will help in the role.

At Samsung Electronics America, diversity and inclusion are at the core of our values. As a Financial Analyst, you will be part of a global team dedicated to creating equal opportunities for everyone. We embrace diverse backgrounds and perspectives, ensuring that every voice is valued and heard, fostering a collaborative environment where innovation can thrive.

In your role as a Financial Analyst at Samsung Electronics America, you will primarily use SAP for financial management and reporting. Additionally, you will utilize Microsoft Office Suite, especially Excel, for data analysis and financial modeling, helping you to manage and communicate financial information effectively.

The monthly closing process at Samsung Electronics America involves preparing and analyzing financial reports, such as P&L statements. As a Financial Analyst, you will monitor expenses and cost allocations across various segments, ensuring that financial data is accurate and up-to-date. This also includes collaboration with different business units to ensure comprehensive and insightful financial reporting.

When asked about your experience with financial forecasting, be sure to provide specific examples of how you have constructed forecasts in your previous roles. Highlight the tools you used, the methodologies applied, and the outcomes achieved, demonstrating your analytical capabilities and attention to detail.

When discussing how you handle discrepancies in financial reports, emphasize your systematic approach—start by identifying the source of the discrepancy, analyzing the data involved, and collaborating with relevant teams to rectify the issue. Highlight your problem-solving skills and your commitment to accuracy.

In response to questions about financial modeling, detailing specific techniques you have experience with can set you apart. Discuss your familiarity with discounted cash flow models, sensitivity analysis, or scenario analysis, providing examples of how you have applied these techniques effectively in your past roles.

Your strategy for managing multiple deadlines is crucial; explain your prioritization techniques. You could mention using project management tools, setting calendar reminders, or breaking larger projects into manageable tasks while ensuring effective communication with team members.

If SAP experience is relevant to the role, share specific projects where you've utilized the software to manage financial data. Discuss the modules you are familiar with, such as Controlling (CO), and how you leveraged this tool to contribute to efficient financial management.

Share a specific instance where your financial analysis influenced a business decision. Outline the analytical process you undertook, the data examined, and how your insights guided executive management in making that crucial decision.

Collaboration with cross-functional teams is key in financial analysis roles. Speak about your experience working with departments like sales and marketing, emphasizing your communication skills, willingness to listen, and commitment to finding solutions that align financial goals with business objectives.

When discussing your strategies for analyzing P&L statements, mention your process for reviewing relevant line items, calculating key metrics, and identifying trends over time. Highlight how you leverage this analysis to provide actionable insights to stakeholders.

Discuss your approach to data accuracy and integrity by mentioning regular audits, cross-checking data entries, and utilizing checklists. Emphasize your attention to detail and your commitment to maintaining the highest standards in financial reporting.

Staying updated with finance and accounting trends is essential. Share specific resources you rely on, such as industry publications, webinars, and professional organizations. Describe how you apply this knowledge to enhance your work and contribute to your team.