Senior Sales 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 managing marketing and sales expenditures for the company, training sales and marketing teams on company policy guidelines, reviewing sales and marketing programs, conducting contract content reviews, and resolving financial and accounting issues. The incumbent will also be responsible for detailed expenditure tracking, payment processing, budget/actual analysis, and other in-depth analytical reporting. Additionally, the incumbent will review and assess the reasonableness of marketing and sales expenditure forecasts, as well as oversee month-end closing and audits for marketing expenses

Role and Responsibilities

Essential Duties And Responsibilitiesinclude the following: Other duties may be assigned. In this position, either directly or through others, the incumbent will:

• Review pre- and post-ROI for marketing and sales deduction investment activities.
• Ensure accurate accruals for investment activities during month-end closing.
• Oversee month-end closing activities and closing reports, including account reconciliation, sales deduction roll-forward, and forecast variance analysis.
• Prepare managerial and internal reports on marketing and sales deduction transactions.
• Evaluate the reasonableness of marketing and sales deduction expense forecasts and support the forecasting process.
• Lead business owners and collaborate with sales account and marketing teams to gather requirements, analyze data, and develop solutions aligned with business strategies.
• Provide timely support for quarterly and yearly internal/external audits.
• Process and validate customer and vendor payments related to sales and marketing programs.
• Own the marketing and sales expense management policy and process, and conduct regular training for marketing and sales teams.
• Monitor and report on the team's KPIs regularly.
• Manage process improvement projects and initiatives for marketing and sales deduction expenses, including system implementation and upgrades.

Skills and Qualifications

Background/Experience to qualify for this position, the following minimal background and skill levels are required:

• Bachelor’s degree in Finance, Business, Accounting or related field, and 8+ 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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