Accounting Specialist - Treasury

Position Summary

Headquartered 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. To learn more, visit Samsung.com. For the latest news, visit news.samsung.com/us.

Role and Responsibilities

This position is responsible for the cash management of SEA, the financing of North American (NA) subsidiaries, and the implementation of new treasury processes and systems at NAHQ. This position requires strong analytical and research skills, communication skills with various departments and subsidiaries, as well as leadership and an innovative mindset to lead change management and to successfully implement various kinds of projects to improve treasury operations.

• Liquidity Management; supervise daily cash management of US pooling and support regional treasurer to make decision for investment or loan, advise Canadian subsidiaries

• Study best practices of treasury functions and recommend new processes or systems to improve the current practices

• PMI (Post merger integration) in terms of treasury; analyze merged companies’ banking structure, payment process, and banking relationship and recommend optimal structures for them

• ISDA and Dodd & Frank regulatory follow up for new merged companies or new banks

• Oversee month end closing for cash, short term investment, and debts

• Supervise FX risk management; review subsidiaries’ FX hedge, recommend hedge strategy for the subsidiaries, communicate with HQ

• Administer online bank portal for SEA and guide subsidiaries to comply with treasury policy

• Lead training staff of subsidiaries; host treasury conference or visit subsidiaries to instruct new system or updated treasury policy

• Monitor and update most recent financial market status to HQ Korea and top management

• Management banking relationship

• Lead financing related projects to support business; analyze potential outcome and feasibility of the recommendation for various projects in terms of treasury

• Project management ability; meet deadline of each task and communicate successfully with other departments or subsidiaries

Skills and Qualifications

• Bachelor’s degree in Business or Finance required, CFA or CTP preferred

• SAP experience preferred or treasury work station experience

• At least 2-5 year of experience in company finance functions accounting management, accounting firms.

• Accounting knowledge and relevant experience

• Strong financial analysis, modeling and valuation skills

• Strong Organizing Skill is required to manage a large volume of data and documents

• Project management skills require

• Effective collaboration and interpersonal skills, with the ability to work effectively across cultures and levels within the business and align internal and external stakeholders toward common objectives

• Highly proficient with Excel, PowerPoint, Outlook and Word

• Excellent communication in both Korean and English (verbal and written) is required

• A desire to move quickly and decisively in a fast-paced environment

• Strong analytical skills and ability to synthesize quantitative and qualitative information concisely into strategic recommendations

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