Marketing Commercial Finance Executive - Operations

Samsung Electronics America; Chertsey; Hybrid; GBP 45,000 - 55,000; Full time

Job summary

A leading global technology company seeks a qualified accountant to join their Marketing Finance Team in Chertsey, UK. The successful candidate will manage marketing costs, ensure compliance with accounting processes, and support financial reporting. They will liaise with stakeholders and vendors to resolve financial queries and will help train teams on financial practices. The role offers a hybrid working model and various employee benefits, making it an attractive opportunity for finance professionals.

Benefits

Hybrid working model

Bonus scheme

Pension contribution

Volunteering days

Paid holiday days

Employee discounts on products

Qualifications

• Proven track record in demonstrating accountability and ownership.
• Ability to communicate effectively at all levels.
• Strong reporting skills to convey messages clearly.

Responsibilities

• Support Marketing Finance manager to ensure marketing costs are accurately captured.
• Assist in managing marketing journals and accrual management.
• Provide training to Marketing and Sales teams on finance processes.

Skills

Qualified/Part Qualified accountant (ACA, CIMA or ACCA)

Up to date knowledge of international accounting standards

Experience working with different cultures amongst sales/marketing team

Experience in technology or FMCG sectors

Hands on experience of using ERP systems (preferably SAP)

Strong commercial competence

Ability to work in a high pressure environment

Excellent analytical skills

Strong interpersonal skills

Proven track record in accountability

Strong influencing skills

Strong reporting skills

Education

Qualified accountant (ACA, CIMA or ACCA)

Tools

SAP

Job description

Position Summary

Why join our team?
The role sits within the Marketing Finance Team in Samsung UK – you will become an advocate for the Marketing expenditure process – ensuring marketing activity follows the correct accounting processes, showcasing control, governance and commercial support with the vision to drive and support this area of the business.

Role and Responsibilities

Your key responsibilities

Cost management

• Support Marketing Finance manager to ensure all marketing costs are accurately captured and processes are followed
• Provide assistance with marketing accrual management – including monitoring PO issue status and releases of aged accruals
• Provide assistance with marketing journals; ensuring all marketing costs are captured and recognized as per Samsung accounting standards
• Track critical metrics related to marketing costs

Commercial Support

• Management of Marketing Offer sheets – master data, customer emailing and customer acceptance
• Support in liaising with customers/vendors for invoice/reconciliation/evidence issues
• Support in validating and paying customer/vendor claims
• Work closely with Shared Service Centre team to resolve invoice issues
• Help manage external partner funding activities; working closely with the marketing teams to ensure the relevant external partner process is adhered to and deadlines are met, ensuring that all relevant costs are captured and reconciled.
• Provide input into further development of business processes and reporting to control and monitor divisional costs
• Provide training to Marketing and Sales teams offering mentorship and knowledge across various stages of the marketing finance processes

Reporting

• Supports Marketing Finance team with various reporting tasks that provides a view on the marketing cost/budget management
• Quarterly reconciliation reporting for Head Office

What we need for this role

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

• Qualified/Part Qualified accountant (ACA, CIMA or ACCA)
• Up to date knowledge of international accounting standards
• Experience working with different cultures amongst sales/marketing team
• Experience in technology or FMCG sectors
• Hands on experience of using ERP systems (preferably SAP)
• Strong commercial competence
• Ability to work in a high pressure environment, take quick and effective decisions and direct others
• Excellent analytical skills to understand business drivers and interpret financial results
• Strong interpersonal skills, ability to communicate effectively at all levels, get key messages across succinctly and work with others
• Proven track record in demonstrating accountability and ownership; proactive approach
• Strong influencing skills to persuade management that your conclusions are accurate and acquire agreement
• Strong reporting skills, display key information and convey messages clearly, concisely and with impact

What does success look like?

• The candidate should be driven with a desire to complete all activities they are set in an efficient and timely manner.
• In the first 6 to 12 months, the candidate will have developed the abilities to lead all aspects of the approval process for marketing costs. They will feel confident liaising with stakeholders to resolve any marketing finance queries.
• Managing Aged Marketing POs will be a key part of the role; ensuring the number of Aged POs doesn’t become too great and vendors / customers are completing their billing on time as per policy guidelines.
• Performance Management through day to day tasks as per the responsibilities above and targets will be set once every 6 months to help build experience and knowledge to improve team processes.

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
• 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

Weare 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 disabilitystatus.

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 requestaccommodation.