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Marketing Commercial Finance Executive - Operations
full-timeChertsey

Summary

Location

Chertsey

Type

full-time

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About this role

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.

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

  • 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.

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Other facts

Tech stack
Qualified Accountant,Cost Management,Accrual Management,Marketing Journals,Commercial Support,Invoice Reconciliation,Analytical Skills,Interpersonal Skills,Reporting Skills,ERP Systems,Influencing Skills,Accountability,Ownership,Training,Mentorship,Technology Sector Experience

About Samsung Electronics

Au delà de toute considération matérielle et logicielle, la réussite des entreprises passe par leur capacité à appréhender les grands changements grâce à un réseau de partenaires de confiance.
Construisons ensemble un nouvel univers professionnel : Smart Connections for Smart Business.

Team size: 501-1,000 employees
LinkedIn: Visit
Industry: IT Services and IT Consulting

What you'll do

  • The role involves managing marketing costs, ensuring accurate capture and adherence to accounting processes, and providing commercial support. Additionally, the candidate will assist in reporting tasks and training marketing and sales teams.

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Frequently Asked Questions

What does a Marketing Commercial Finance Executive - Operations do at Samsung Electronics?

As a Marketing Commercial Finance Executive - Operations at Samsung Electronics, you will: the role involves managing marketing costs, ensuring accurate capture and adherence to accounting processes, and providing commercial support. Additionally, the candidate will assist in reporting tasks and training marketing and sales teams..

Why join Samsung Electronics as a Marketing Commercial Finance Executive - Operations?

Samsung Electronics is a leading IT Services and IT Consulting company.

Is the Marketing Commercial Finance Executive - Operations position at Samsung Electronics remote?

The Marketing Commercial Finance Executive - Operations position at Samsung Electronics is based in Chertsey, England, United Kingdom. Contact the company through Clera for specific work arrangement details.

How do I apply for the Marketing Commercial Finance Executive - Operations position at Samsung Electronics?

You can apply for the Marketing Commercial Finance Executive - Operations position at Samsung Electronics directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Samsung Electronics on their website.