Sr. Financial Analyst

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

The position will be responsible for 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 responsible for detailed expenditure tracking, payment processing, budget/actual analysis, and other various in-depth analyses reporting.  In addition, the incumbent will review and determine reasonableness of marketing and sales expenditure forecast and also responsible for month end closing and audit for marketing and sales expenses.

• 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

• Bachelor’s degree in Finance, Business, Accounting, Information Systems, or related field and 4 – 6 years of progressive, post-baccalaureate experience in the job offered.
• Experience in accounting and monthly closing
• Experience in business process review and analysis, including financial and operational analysis and audits
• Proficient with Excel. SAP or other ERP system experience is plus.

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Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process

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