Senior Financial Analyst

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. From our humble beginnings to our position today as a tech leader, our passion for innovation has been the common thread throughout our history. We’ve grown into one of THE most recognized global brands. We consider ourselves “relentless pioneers” that push boundaries and defy barriers. 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 EPA’s ENERGY STAR® Corporate Commitment Partner, 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 mainly responsible for the SAP system management for Sales Deduction modules including POS data management, master data management, system troubleshooting, and project management.  The incumbent will also be involved in the management of marketing and sales expenditure for the Company, training sales and marketing on company policy guidelines, reviewing sales and marketing programs, performing the contract content review, and resolving financial and accounting issues. The incumbent will also be responsible for detailed expenditure tracking, payment processing, budget/actual analysis, and other various in-depth analysis reporting.  In addition, the incumbent will review and determine the reasonableness of marketing and sales expenditure forecast and also responsible for month end closing and audit for marketing expenses.

• SAP system support on Sales Deduction module for project management, troubleshooting, master data management, and end user trainings

• Reviewing marketing and sales deduction investment activities

• Responsible for submitting accurate accrual for investment activities during the month end closing.

• Responsible for month end closing activities and closing report including account reconciliation, sales deduction roll forward, forecast variance.

• Responsible for managerial and internal use reporting on marketing and sales deduction transactions

• Review reasonableness of marketing and sales deduction expense forecast and assist forecast process.

• Lead business owners and work closely with sales account and marketing teams to collect requirements, analyze information, and develop solutions consistent with business strategies.

• Timely support on quarterly and yearly internal/external audit

• Process and validate customer and vendor payments related to sales and marketing programs.

• Provide process training to Marketing and Sales groups.

• Manage marketing and sales deduction expense process improvement projects and initiatives through evaluation of current business processes and identification of improvement plan.

Skills and Qualifications

Minimum Qualifications

• Bachelor’s degree in finance, Business, Accounting, Information Systems, or related field and 4+ years of relevant experience

• 2+ years of experience in SAP system management

• Experience in accounting and monthly closing.

• Experience in business process review and analysis, including financial and operational analysis and audits.

• Proficient with Excel.

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

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

Regular full-time employees (salaried or hourly) have access to benefits including: Medical, Dental, Vision, Life Insurance, 401(k), Employee Purchase Program, Tuition Assistance (after 6 months), Paid Time Off, Student Loan Program (after 6 months), Wellness Incentives, and many more.  In addition, regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation, based on company, division, and individual performance.

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