Finance Analyst

Samsung Electronics Co., Ltd.$70K — $95K *
Plano, TX 75025In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-7 years of professional experience in accounting or finance.
  • Master's degree in accounting.
  • Advanced Excel skills required for heavy data manipulation.
  • Experience with SAP software.
  • Proficiency in database extraction and analysis.
  • Enthusiastic team player willing to learn and grow.

Responsibilities

  • Prepare month-end closing and financial forecasts for decision-making.
  • Consolidate monthly Profit and Loss statements for services division.
  • Manage expense postings and accruals according to accounting principles.
  • Analyze actual results against forecasts and present findings to management.
  • Prepare the annual management plan based on historical and projected data.
  • Ensure financial reports adhere to company policies and budgets.
  • Communicate with project owners regarding expenditure inquiries and budgets.

Benefits

  • Comprehensive health and wellness plans.
  • Opportunities for professional development and career advancement.
  • Employee discounts on Samsung products.
  • Flexible work environment and supportive company culture.
Full Job Description
Position Summary

The proposed position will take the responsibility to provide assistance with SEA CE SVC financial reporting and analysis. This position will participate in financial report, managing budgetary expenses and overhead expenses, month-end closing, expense forecasting, regulatory compliance and provide detailed analysis report to the director.

Role and Responsibilities

  • Prepare and perform month-end closing, financial forecasting, reporting, and operational metrics tracking to help senior management make well-informed decisions.
  • Prepare monthly Profit and Loss data for CE service division and consolidate SEA service P&L data for CSD monthly leadership meeting.
  • Manage expense postings and accruals base on accounting rules and principles.
  • Assist in analyzing actual operating results at Month-end, Quarter-end, year-end and compare to the forecasted monthly/annual plan and present findings to the senior manager.
  • Consolidating recurring and project expenditures of each division to prepare annual management plan for following year based on historical data/forecasting/HQ guideline.
  • Prepare various financial reports to define the spending is managed within company policy, management plan and annual budget.
  • Communicate with PICs and project owners to identify causes of increase/decrease in expenditures and respond inquiries from senior management and HQ.
  • Assist finance related inquiries and establish guidelines and policies to support CE SVC division regarding budget, expense, travel and Etc.
  • Prepare monthly performance reports with reconciled HQ data and submit to NAHQ.
  • Manage A/R open items by submitting claims to different Samsung subsidiaries and re-class
  • Make manual journal entries for the G/L allocation monthly, and budget adjustments for the responsible cost centers, and G/L.
  • Review and set up approval path with complying CE SVC guideline
  • Publish official letter to CE service division to announce regulation, compliance, guidelines


Skills and Qualifications

  • 3-7 years of professional experience in related area (Accounting or Finance)
  • Master degree in accounting
  • Advanced skills in Excel - heavy use of Excel in this role
  • SAP experience
  • Database extraction and analysis experience
  • Enthusiastic and eager individual who is willing to learn and grow with the team


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