Manager - MDF Management & Strategy

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.

The SEA Investment Strategy & Ops team uses data-driven insights and analysis, industry best practices, and strategic planning to develop new product and solution concepts to sell out in retail. Bringing new ideas and innovations to market, we work directly with key groups within SEA and external channel partners to get Samsung products into users’ hands.

The Manager, MDF Management & Strategy will lead division-level marketing budget management, and influence financial strategy with ROI-based prioritization and recommendations. This role will work closely cross-organizationally across all teams at SEA, particularly with product management, marketing, sales, and internal business planning teams.

Role and Responsibilities

• Analyze and evaluate marketing programs and develop & recommend improvements by team based on product growth plan, profit and ROI/KPI analysis, historical performance data, and company strategic initiatives
• Work with cross-functional teams to plan marketing and promotion spend allocation to validate ROI and alignment with company and strategic goals
• Institute improvements for MDF management across the organization, including data housing, communication, and variance management
• Communicates process changes for MDF management, guidance from leadership and Suwon Office with SEA overall MDF % and communicates MDF budget amount to each team
• Lead the target plan meetings with MDF stakeholders to ensure the programs are align to company’s goals
• Consolidate bottoms-up MDF forecasts for both monthly target planning and annual management planning by account by category
• Create and allocate overall SEA MX MDF budget, provides team and category budget recommendations to review final forecast with MDF management and product management
• Analyze historical marketing programs performance to identify areas of improvement and innovation
• Prepare and deliver regular data-driven insights of marketing programs to the internal stakeholders
• Manage and publish daily, bi-weekly, and monthly MDF reporting, budget status, forecast accuracy, financial metrics by category, and channel spend analysis
• Analyze strategic initiative programs based on profit and ROI analysis and provide recommendations to leadership

Skills and Qualifications

• Bachelor’s degree in Marketing, Finance, Business, Accounting, or related field and 6+ of progressive experience
• Very strong business analytical skills, financial acumen, budget management know-how required
• A proven self-starter and a highly motivated individual with a strong ability to aggregate and consolidate from disparate data sources not readily available or stored
• Experience with managing and tracking budget
• Experience with developing financial and operational analysis and presenting information to management
• Strong financial and general accounting knowledge
• Strong PowerPoint skills, familiarity with SAP or other ERP systems

Preferred Qualifications

• Bilingual (English, Korean)
• Strong Excel skills
• Background in marketing finance or marketing with FP&A experience

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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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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.