Finance Manager

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 position will be responsible for the supervision and documentation of financial reporting and analysis. This role will participate in 3-12 month rolling forecasting, month-end closing, and various ad-hoc financial and accounting duties. This role will also assist in non-trade inter-company transactions. Leads/supervises 1-2 junior level Finance professionals, typically without budget or hire/fire authority. Focuses on coaching, coordination and delegation of operational work responsibilities.

Role and Responsibilities

• Perform 3-12 month business forecasts, which includes comprehensive forecast of mobile devices’ sales quantities, whole sale prices, COGSs, and overhead expenses as well as of business environment changes to provide better financial visibility to management

• Perform month-end closing from a managerial standpoint, using SAP Controlling (CO) module while closely monitoring revenue/COGS recognition and expense allocation of various profit segments and cost centers.

• Prepare and provide various financial reports both regularly and as needed to management

• Coordinate monthly inter-company transaction activities and follow-up requests to maintain a proper level of margin for HQ Support Division

• Perform other finance or administrative support projects and tasks assigned by financial management (i.e. royalty calculation, litigation-related financial data supports, and etc.)