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Sales Finance Manager (326657)

Job Description

Sales Finance Manager (326657)

Accounting & Finance, Regular Full-Time

# Samsung Electronics America _,Ridgefield Park New Jersey_ Jan 12, 2018 # General Description The position will be responsible for the management of marketing and sales expenditure for the Company, establishing and determining policy guidelines, directing Sales Account Directors and Marketing Directors, performing the marketing program review, and resolving financial and accounting issues. The incumbent will also responsible for detailed marketing expenditure tracking, open program management, budget and actual expense analysis, program aging report and other various in-depth analysis reporting to senior managers and directors of Company. In addition, the incumbent will review and determine reasonableness of marketing and sales expenditure forecast for each period, working closely with marketing senior management. The position will be responsible for all financial transactions related to the marketing and sales programs, including accrual calculations, and financial closing as well as managing ad hoc projects. Essential Duties And Responsibilities include the following: Other duties may be assigned. In this position, either directly or through others, the incumbent will:
• Determine and make decision on marketing and sales deduction investment activities, lead financing closing and reporting for the company, which include review of customer and vendor program agreements, and other internal and external reports
• Manage the progress of open marketing programs ensuring the progress amounts are within guidelines of the original approved budget and coordinate with marketing managers to make appropriate budget and contract modifications
• Develop marketing program tracking method to assist management and marketing managers in providing financial status of the marketing expenditures
• Responsible for managerial and internal use reporting on marketing and sales deduction transactions
• Review reasonableness of marketing and sales deduction expense forecast and coordinate with marketing managers and vendors on the marketing expense plan and forecast
• Lead business owners and work closely with sales account and marketing teams to collect requirements, analyze information, and develop solutions consistent with business strategies
• Develop and execute marketing expense and sales deduction audits performing process and financial audits, documenting audit findings and implementing of audit recommendations
• Manage marketing and sales deduction expense process improvement projects and initiatives through evaluation of current business processes and identification of improvement plan
• Responsible for coordinating and communicating with Samsung HQ, and management of HQ directed projects working with cross functional department
• Direct and manage ad hoc projects as assigned by management, leading cross functional teams
• Demonstrate strong leadership, presentation, and customer and vendor relationship management skills # Necessary Skills / Attributes Background/Experience to qualify for this position, the following minimal background and skill levels are required:
• Bachelor’s or Master’s degree Preferred in Finance, Business, Accounting, Information Systems, or related field and minimum of 5 to 8 years of progressive, post-baccalaureate experience in the job offered or occupation requiring marketing fund management.
• Experience in managing financial accounting closing process and management of teams
• Experience in developing financial and operational analysis and presentation to management
• Experience in establishing policies and procedures and supporting marketing and sales departments
• Demonstrated ability to identifying areas of process improvement and managing improvement projects until completion
• Experience in business process review and analysis, including financial and operational analysis and audits
• Supervisory or management level experience required in a related role Necessary Skills/Attributes for this position the following skills and abilities must be demonstrated at a proficient level:
• Develop and maintain excellent working relationships with all assigned levels within and outside the company
• Ability to gather and analyze large sets of data from multiple sources, prepare both quantitative and qualitative analysis of information
• In-depth knowledge and expertise with SAP or other financial systems or networking knowledge
• Demonstrated competency in both oral and written communication modes for both internal and external personnel at various levels, especially in the sales and marketing, and financial areas
• Work independently and in a team environment in order to achieve personal and team goals and complete assignments within established time frames
• Demonstrated excellence in time management skills and follow up to ensure meeting on time deliverables
• Ability to make decisions and problem solving on time sensitive matters # Company Information Since being established in 1969, Samsung Electronics has grown into one of the world’s leading technology companies and has become recognized as one of the top 10 global brands. Samsung is currently ranked #2 on Forbes’ “Most Reputable Tech Companies” for 2016 and #6 on Interbrand’s 'Best Global Brands” list for 2017.Our network extends across the world, and Samsung takes great pride in the creativity and diversity of its talented people, who drive our growth. As a result of our commitment to innovation and unique design, the Samsung organization is one of the most decorated brands in the electronics industry. Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a recognized innovative leader in consumer electronics, mobile devices and enterprise solutions. A wholly owned subsidiary of Samsung Electronics Co., Ltd., SEA is pushing beyond the limits of today’s technology and providing consumers and organizations with a portfolio of groundbreaking products in appliances, home entertainment, Internet of Things, mobile computing, smartphones, virtual reality, wireless infrastructure and wearables, in addition to offering leading content and services related to mobile payments, 360-degree VR video, customer support and more. Samsung is a pioneering leader in smartphones and HDTVs in the U.S. and one of America’s fastest growing home appliance brands. Samsung's philosophy is based on our strong determination for growth, perpetual innovation and responsibility to corporate citizenship. As part of our Samsung Gives philanthropic platform, we offer companywide Days of Service, a volunteer time off program, and an employee giving match program, so our employees can support causes that are closest to their hearts and choose how they want to give back. Since 2002, Samsung has provided more than $46 million to more than 1,000 public schools and community organizations in the United States through its many citizenship initiatives, including the STEAM-education based Solve for Tomorrow Contest. At Samsung we work hard every day. It is a fast-paced and challenging work environment, and we are a nimble team that constantly pushes ourselves to be the best. If you have energy, passion, dedication and drive, and you thrive in a fast-paced workplace, the rewards at Samsung are many. Apply today and find out why LinkedIn ranked us as one of North America’s Most InDemand Employers in 2015. Samsung Electronics America provides Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, status as a protected veteran, genetic information, status as a qualified individual with a disability or any other characteristic protected by law.

Job Requirements

 

Job Snapshot

Location US-NJ-Ridgefield Park
Employment Type Full-Time
Pay Type Year
Pay Rate N/A
Store Type
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Company Overview

Samsung Electronics America, Inc.

Samsung is a market leader in Consumer Electronics and Cell Phones. For more than 70 years, Samsung has been at the forefront of innovation. Our discoveries, inventions and breakthrough products have helped shape the history of the digital revolution. Learn More

Contact Information

US-NJ-Ridgefield Park
Snapshot
Samsung Electronics America, Inc.
Company:
US-NJ-Ridgefield Park
Location:
Full-Time
Employment Type:
Year
Pay Type:
N/A
Pay Rate:
Store Type:

Job Description

Sales Finance Manager (326657)

Accounting & Finance, Regular Full-Time

# Samsung Electronics America _,Ridgefield Park New Jersey_ Jan 12, 2018 # General Description The position will be responsible for the management of marketing and sales expenditure for the Company, establishing and determining policy guidelines, directing Sales Account Directors and Marketing Directors, performing the marketing program review, and resolving financial and accounting issues. The incumbent will also responsible for detailed marketing expenditure tracking, open program management, budget and actual expense analysis, program aging report and other various in-depth analysis reporting to senior managers and directors of Company. In addition, the incumbent will review and determine reasonableness of marketing and sales expenditure forecast for each period, working closely with marketing senior management. The position will be responsible for all financial transactions related to the marketing and sales programs, including accrual calculations, and financial closing as well as managing ad hoc projects. Essential Duties And Responsibilities include the following: Other duties may be assigned. In this position, either directly or through others, the incumbent will:
• Determine and make decision on marketing and sales deduction investment activities, lead financing closing and reporting for the company, which include review of customer and vendor program agreements, and other internal and external reports
• Manage the progress of open marketing programs ensuring the progress amounts are within guidelines of the original approved budget and coordinate with marketing managers to make appropriate budget and contract modifications
• Develop marketing program tracking method to assist management and marketing managers in providing financial status of the marketing expenditures
• Responsible for managerial and internal use reporting on marketing and sales deduction transactions
• Review reasonableness of marketing and sales deduction expense forecast and coordinate with marketing managers and vendors on the marketing expense plan and forecast
• Lead business owners and work closely with sales account and marketing teams to collect requirements, analyze information, and develop solutions consistent with business strategies
• Develop and execute marketing expense and sales deduction audits performing process and financial audits, documenting audit findings and implementing of audit recommendations
• Manage marketing and sales deduction expense process improvement projects and initiatives through evaluation of current business processes and identification of improvement plan
• Responsible for coordinating and communicating with Samsung HQ, and management of HQ directed projects working with cross functional department
• Direct and manage ad hoc projects as assigned by management, leading cross functional teams
• Demonstrate strong leadership, presentation, and customer and vendor relationship management skills # Necessary Skills / Attributes Background/Experience to qualify for this position, the following minimal background and skill levels are required:
• Bachelor’s or Master’s degree Preferred in Finance, Business, Accounting, Information Systems, or related field and minimum of 5 to 8 years of progressive, post-baccalaureate experience in the job offered or occupation requiring marketing fund management.
• Experience in managing financial accounting closing process and management of teams
• Experience in developing financial and operational analysis and presentation to management
• Experience in establishing policies and procedures and supporting marketing and sales departments
• Demonstrated ability to identifying areas of process improvement and managing improvement projects until completion
• Experience in business process review and analysis, including financial and operational analysis and audits
• Supervisory or management level experience required in a related role Necessary Skills/Attributes for this position the following skills and abilities must be demonstrated at a proficient level:
• Develop and maintain excellent working relationships with all assigned levels within and outside the company
• Ability to gather and analyze large sets of data from multiple sources, prepare both quantitative and qualitative analysis of information
• In-depth knowledge and expertise with SAP or other financial systems or networking knowledge
• Demonstrated competency in both oral and written communication modes for both internal and external personnel at various levels, especially in the sales and marketing, and financial areas
• Work independently and in a team environment in order to achieve personal and team goals and complete assignments within established time frames
• Demonstrated excellence in time management skills and follow up to ensure meeting on time deliverables
• Ability to make decisions and problem solving on time sensitive matters # Company Information Since being established in 1969, Samsung Electronics has grown into one of the world’s leading technology companies and has become recognized as one of the top 10 global brands. Samsung is currently ranked #2 on Forbes’ “Most Reputable Tech Companies” for 2016 and #6 on Interbrand’s 'Best Global Brands” list for 2017.Our network extends across the world, and Samsung takes great pride in the creativity and diversity of its talented people, who drive our growth. As a result of our commitment to innovation and unique design, the Samsung organization is one of the most decorated brands in the electronics industry. Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a recognized innovative leader in consumer electronics, mobile devices and enterprise solutions. A wholly owned subsidiary of Samsung Electronics Co., Ltd., SEA is pushing beyond the limits of today’s technology and providing consumers and organizations with a portfolio of groundbreaking products in appliances, home entertainment, Internet of Things, mobile computing, smartphones, virtual reality, wireless infrastructure and wearables, in addition to offering leading content and services related to mobile payments, 360-degree VR video, customer support and more. Samsung is a pioneering leader in smartphones and HDTVs in the U.S. and one of America’s fastest growing home appliance brands. Samsung's philosophy is based on our strong determination for growth, perpetual innovation and responsibility to corporate citizenship. As part of our Samsung Gives philanthropic platform, we offer companywide Days of Service, a volunteer time off program, and an employee giving match program, so our employees can support causes that are closest to their hearts and choose how they want to give back. Since 2002, Samsung has provided more than $46 million to more than 1,000 public schools and community organizations in the United States through its many citizenship initiatives, including the STEAM-education based Solve for Tomorrow Contest. At Samsung we work hard every day. It is a fast-paced and challenging work environment, and we are a nimble team that constantly pushes ourselves to be the best. If you have energy, passion, dedication and drive, and you thrive in a fast-paced workplace, the rewards at Samsung are many. Apply today and find out why LinkedIn ranked us as one of North America’s Most InDemand Employers in 2015. Samsung Electronics America provides Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, status as a protected veteran, genetic information, status as a qualified individual with a disability or any other characteristic protected by law.

Job Requirements

 
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