Financial Analyst Job at Samsung Electronics – 4.0 in Ridgefield Park, NJ
If you have ambitions to be a part of a Best in Class organization, the Samsung Business Management group is the place to be. The dynamic culture at Samsung offers both great challenge and great reward. If you want to work among the very best talent in the industry.
Are you ready to #OwnTheUnknown? Join us.
Role and Responsibilities
The proposed position will take the responsibility to entire SEA level resource management by reviewing all cost related items and managing overall expense DB for entire SEA. As a part of SEA resource management team, he/she will be managing budgetary expenses + OHs and will provide detailed expense analysis to finance manager directly and controller if necessary. Also, the position will manage the company workflow for Knox and RMS system as well and investment module.
Essential Duties and Responsibilities
Conduct 3-month business forecasts, including comprehensive forecasts on overhead expenses as well as of business environmental changes to provide better financial visibility to management.
Maintain company overhead DB by cost center and general ledger level and utilize the database to respond to various requests both from SEA and HQ
Review PUMIs for all shared services department including legal, HR, eCommerce and Business Management in advance to controller’s approval, and make sure to understand the validity of the cost and calculate potential impact to SEA P&L forecasts
Cooperating with SDSA team, manage company workflows and respond to FAQs in using Knox and RMS systems
Guide each functional team on yearly budget on major expense items including IT expenses and Marketing expenses in order to manage subsidiary OH in high-level perspectives.
Prepare and perform month-end closing from a managerial standpoint, using SAP Controlling (CO) module while closely monitoring expenses/cost allocation of various profit segments/cost centers.
By reviewing monthly/quarterly/yearly Profit & Loss (P&L) statements and other financial reports consolidating financial results, conduct profit analysis vs target, previous forecast and prior year in order to track cost fluctuations.
Investigate irregular financial trends by linking financial information with business results, previous variance analyses, in-depth raw data examination, and close communication with related business teams/divisions.
Skills and Qualifications
Bachelor’s degree in Accounting or Finance or a related field
1+ years related accounting experience with previous financial experience preferred.
Must have Microsoft Office Suite of PC software applications experience with Excel spreadsheet preparation skills.
Samsung Electronics America, Inc. is committed to employing a diverse workforce, and provides Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.
- Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.
About the Company
Company: Samsung Electronics – 4.0
Company Location: Ridgefield Park, NJ