Financial Claim Manager

Samsung Electronics Co., Ltd.$100K — $120K *
Plano, TX 75025In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Finance, Accounting, Economics, or Business Administration
  • MBA or Master of Science in Finance preferred
  • 5-7 years in corporate finance, FP&A, or accounting
  • 2-3 years of experience in a leadership role
  • Fluency in English and Korean is a plus

Responsibilities

  • Manage sales deduction claims and validate customer invoices
  • Lead reconciliation of open customer balances and aged deduction reports
  • Onboard and educate team members on claims processes
  • Set measurable performance goals for the team
  • Collaborate with stakeholders to identify and resolve operational issues
  • Ensure timely month-end closing of transactions and sales claims
  • Deliver KPI reports and conduct root cause analyses on operational errors

Benefits

  • Medical, Dental, Vision, and Life Insurance
  • 401(k) retirement plan
  • Employee Purchase Program
  • Tuition Assistance after 12 months
  • Paid Time Off and Student Loan Program after 6 months
  • Wellness Incentives
  • MBO bonus compensation based on performance
Full Job Description
Position Summary

Role and Responsibilities

Role Summary

The Financial Claim Manager serves as the team lead for sales deduction claim management across Samsung Electronics America's CE and MX (310C) product divisions. The role is responsible for reviewing and approving all claim submissions in N-ERP and Salesforce Dotcom; enforcing policy compliance, and managing month-end financial close activities. Also acts as the designated Point-in-Contact (PIC) for internal & external checklist and audit requests, ensuring system integrity and operational accountability. This position will provide analysis of sales issues that affect the financial risk of all organizational items.

Key Responsibilities

1. Sales Deduction Claim Management
• Research and validate customer invoices, deductions, damages, and pricing discrepancies against trade agreements; ensure all components were set prior to issuing credit
• Distinguish between valid claims (promotions, co-op advertising) and invalid/unauthorized chargebacks
• Reconcile open customer balances and aging deduction reports in enterprise systems (SAP, NERP)
• Lead collection efforts or issue rebilling invoices for invalid deductions charged by B2C or B2B partners
• Partner with the sales and account management to align customer deductions with active promotions
• Communicate directly with external customers, & vendors clients to request backup documentation
• Drive on time processing/posting, with focus on accurate validation and analysis

2. Team Leadership & Operations Management
• Onboard & educate staff by teaching new team members how to handle customer claims and all aspects of validations and processes, emphasis on standard operating procedures
• Set and monitor performance tracking by setting clear measurable goals and objectives for all employees
• Cross functionally collaborate with internal & external stakeholders to ensure team has alignment on all current business areas and has awareness of underlining issues that will cause impacts and delays
• Full oversight of customers, vendors, and systems to develop continuous innovation and drive efficiencies where applicable; use of AI and automation, working in conjunction with PI and SEC
• Contribute and possibly lead financial acumen trainings to Sales & Marketing teams

3. Quality, Compliance, & Month-End Closing
• Ensure all current-month transactions are fully approved or cleared from the system by the close deadline
• Verify that all current-month sales deduction claims have been properly accrued
• Review aged claims with all relevant teams and drive resolution to minimize outstanding balances
• Handle all risk checklist items whether monthly reoccurring or ad-hoc delivery, with emphasis on identify root cause of each item, and action plan to improve and ultimately eliminate

4. Reporting & Financial Control
• Reconcile trade spend accounts and deduction balances against the general ledger and financial forecasts
• Conduct root cause analyses to highlight recurring operational leaks or systemic billing errors
• Deliver KPI reports and trend metrics on recovery rates and aged deduction portfolios to senior finance leaders, on monthly basis and upon ad-hoc time sensitive requests
• Assist Financial Management with all Auditor and SEC control month, quarter, annual, ad-hoc item reviews

Skills and Qualifications

Required Skills
ERP Proficiency
Sales Deduction & Customer Management
Financial Acumen
Analytical & Troubleshooting (Attention to Detail)
Training & Communication
Cross-functional Collaboration

Required Qualifications
Bachelor of Science Degree - in Finance, Accounting, Economics, or Business Administration
Advanced Degree - Master of Business Administration (MBA) or Master of Science in Finance
General Work Experience - 5 to 7 years of progressive experience in corporate finance, financial planning and analysis (FP&A), or accounting
Leadership Work Experience - 2 to 3 years supervising staff or leading cross-functional project teams
Language - fluency in English & Korean (spoken and written), added attribute, but not required

Regular full-time employees (salaried or hourly) have access to benefits including: Medical, Dental, Vision, Life Insurance, 401(k), Employee Purchase Program, Tuition Assistance (after 12 months), Paid Time Off, Student Loan Program (after 6 months), Wellness Incentives, and many more. In addition, regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation, based on company, division, and individual performance.

To ensure a fair and transparent recruitment process, please do not use GenAI tools during your interview unless explicitly permitted; failure to adhere to these guidelines may result in disqualification from the recruitment process.

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