Accounting Specialist - Treasury
Company: Samsung Electronics America Inc
Location: Ridgefield Park
Posted on: May 26, 2023
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Job Description:
Position SummaryThis position is responsible for the cash
management of SEA, the financing of North American (NA)
subsidiaries, and the implementation of new treasury processes and
systems at NAHQ. This position requires strong analytical and
research skills, communication skills with various departments and
subsidiaries, as well as leadership and an innovative mindset to
lead change management and to successfully implement various kinds
of projects to improve treasury operations.Every role at Samsung
presents a new opportunity to make a lasting, global impact. We
believe that innovation and growth are driven by an inclusive
culture and a diverse workforce. We're seeking innovators to create
a global team where everyone belongs and has equal opportunities,
inspiring our talent to be their true selves. Together, we are
building a better tomorrow for our customers, partners and
communities.Join the Samsung family and be part of the team that's
creating a better future.Role and Responsibilities* Liquidity
Management; supervise daily cash management of US pooling and
support regional treasurer to make decision for investment or loan,
advise Canadian subsidiaries* Study best practices of treasury
functions and recommend new processes or systems to improve the
current practices* PMI (Post merger integration) in terms of
treasury; analyze merged companies' banking structure, payment
process, and banking relationship and recommend optimal structures
for them* ISDA and Dodd & Frank regulatory follow up for new merged
companies or new banks* Oversee month end closing for cash, short
term investment, and debts* Supervise FX risk management; review
subsidiaries' FX hedge, recommend hedge strategy for the
subsidiaries, communicate with HQ* Administer online bank portal
for SEA and guide subsidiaries to comply with treasury policy* Lead
training staff of subsidiaries; host treasury conference or visit
subsidiaries to instruct new system or updated treasury policy*
Monitor and update most recent financial market status to HQ Korea
and top management* Management banking relationship* Financial
market (Federal Reserve, Monetary and fiscal policies) sensing that
may have an impact on the company in terms of money market
depository accounts as well as time deposits* Analyze competitor's
financial statements for risk management* Analyze DSO/DPO of SEA
and daughter companies to optimize working capital structure* Lead
financing related projects to support business; analyze potential
outcome and feasibility of the recommendation for various projects
in terms of treasury* Project management ability; meet deadline of
each task and communicate successfully with other departments or
subsidiaries* Advise on investment allocations* Managing
investments with average duration of 10-12month* Forecasting cash
flow for the entire region to avoid idle cash and make use of our
strong balance sheetSkills and Qualifications* Bachelor's degree in
Business or Finance required, CFA or CTP preferred* Excellent
communication in both Korean and English (verbal and written) is
preferred* SAP experience preferred or treasury work station
experience* At least 5 year of experience in company finance
Functions, accounting management, accounting firms.* Accounting
knowledge and relevant experience* Strong financial analysis,
modeling and valuation skills* Strong Organizing Skill is required
to manage a large volume of data and documents* Project management
skills require* Effective collaboration and interpersonal skills,
with the ability to work effectively across cultures and levels
within the business and align internal and external stakeholders
toward common objectives* Highly proficient with Excel, PowerPoint,
Outlook and Word* A desire to move quickly and decisively in a
fast-paced environment* Strong analytical skills and ability to
synthesize quantitative and qualitative information concisely into
strategic recommendations* Please visit Samsung membership to see
Privacy Policy, which defaults according to your location. You can
change Country/Language at the bottom of the page. If you are
European Economic Resident, please click here.At Samsung, we
believe that innovation and growth are driven by an inclusive
culture and a diverse workforce. We aim to create a global team
where everyone belongs and has equal opportunities, inspiring our
talent to be their true selves. Together, we are building a better
tomorrow for our customers, partners, and communities.* Samsung
Electronics America, Inc. and its subsidiaries are committed to
employing a diverse workforce, and provide Equal Employment
Opportunity for all individuals regardless of race, color,
religion, gender, age, national origin, marital status, sexual
orientation, gender identity, status as a protected veteran,
genetic information, status as a qualified individual with a
disability, or any other characteristic protected by law.COVID-19
Vaccine MandateSamsung Electronics America requires all employees
to be fully vaccinated against COVID-19, unless a medical or
religious exemption, or an exemption required under state/local
law, is approved. Offers of employment are contingent upon proof
that a candidate is fully vaccinated or qualifies for an exemption.
More details on how to apply for an exemption are provided after
the application process is complete.Reasonable Accommodations for
Qualified Individuals with Disabilities During the Application
ProcessSamsung Electronics America is committed to providing
reasonable accommodations for qualified individuals with
disabilities in our job application process. If you have a
disability and require a reasonable accommodation in order to
participate in the application process, please contact our
Reasonable Accommodation Team (855-557-3247) or
SEA_Accommodations_Ext@sea.samsung.com for assistance. This number
is for accommodation requests only and is not intended for general
employment inquiries.
Keywords: Samsung Electronics America Inc, Tenafly , Accounting Specialist - Treasury, Accounting, Auditing , Ridgefield Park, New Jersey
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