Position Summary

Why join our team?

The role sits within the broader Finance Operations team with our vision to build value beyond the numbers!

Our 5 key goals are: Commit to excellence, Partner the business, Empower decision making through data, Grow and reward our people and Innovate and transform.

The purpose of the role is to provide commercial, financial and accounting support to a product division of Samsung Electronics UK.

Role and Responsibilities

Your key responsibilities

Financial planning

Support the Divisions’ annual, quarterly and monthly financial planning processes

Provide the appropriate level of challenge to ensure that plans are robust, stretching and achievable

Prepare ad hoc analysis where necessary (e.g. scenario planning, sensitivity analysis)

Support the wider finance team with analysis as and when required for internal and external reporting

Driving financial performance

Work closely and collaborate with divisional management to drive financial performance and ensure that the Divisions’ financial objectives regarding sales, profitability, cash conversion and market share are delivered

Prepare valuable reporting and analysis

Collaborate with important channel partners and when necessary, negotiate meaningful contractual terms in commercial agreements with customers to ensure effective risk management and improve SEUK's return.

Identify areas for improvement in financial performance and foster business growth.

Commercial decision support

To develop, agree and implement the investment and management frameworks aligned to the divisional commercial objectives

Increase efficiency and enhance commercial results derived from sales deduction investment

Provide financial insight, analysis and appraisal as required to support

Day-to-day commercial decision making

Financial management and control

Complete monthly and quarterly balance sheet reviews, ensuring that balances are accurate and claimed by the customer in a timely fashion and in line with internal aging KPIs.

Ensure that these costs are completely and accurately recorded, correctly classified, that spend is appropriately justified and within budget

Provide guidance on the accounting for more complex customer deals

People Manager responsibly

Be responsible for one direct report

What we need for this role

To be successful, you will possess the following skills and attributes:

FMCG background required.

Experience within technology sector and a fast paced sales environment needed

Qualified accountant (ACA, ACCA or CIMA), with proven experience in industry

Up to date knowledge of international accounting standards.

Experience of working in technology or FMCG sectors

Hands on experience of using ERP systems (preferably SAP).

Ability to implement change process to streamline and make existing processes more efficient.

Strong commercial competence.

The interview process

1st stage with hiring manager and CFM

2nd stage with Commercial Finance Director and hiring manager – presentation may be required

Skills and Qualifications

Benefits of working at Samsung include

Hybrid working – 3 days in the office and 2 days at home per week

Bonus scheme linked to individual, team and company performance

Car allowance

Pension contribution

Three volunteering days each year

Holiday - 25 days plus bank holidays and an additional day off for your birthday

Access to discounts on a wide range of Samsung products

Access to a discount shopping portal

Partner Colleagues are not eligible for Samsung Enhanced Paid Sick Leave but may be eligible for statutory payments from their payroll agency

Up to 20 (pro-rata) Partner Absence days per calendar year to be used in times of need

A note on equal opportunities

We are an equal-opportunity employer and value diversity at our Company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

* Please visit Samsung membership to see Privacy Policy, which defaults according to your location, at: https://account.samsung.com/membership/policy/privacy. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here: https://europe-samsung.com/ghrp/PrivacyNoticeforEU.html