Associate, General Accounting

Samsung ElectronicsPlano, TX
2d

About The Position

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 actively participate in 3-9 month forecasting, month-end closing, and various ad-hoc financial and accounting duties. This role will also assist in budgeting and non-trade inter-company transactions. Work independently, and considered a seasoned and experienced professional with adequate understanding of own job area. Determines approach to work, and is monitored/supervised based more on milestone basis, and at key deliverable junctures.

Requirements

  • Bachelor’s degree in Finance, Business, Accounting, or related field and 2 – 5 years of progressive, post-baccalaureate experience in the job offered.
  • Strong business acumen; understanding commercial terms and potential impact and risk across business units
  • Excellent communication skills
  • Ability to work across departments to resolve urgent issues
  • 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.

Responsibilities

  • Perform 3-9 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.)

Benefits

  • 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.
  • regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation, based on company, division, and individual performance
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