Accounting Specialist (Korean Speaking) Treasury

Position Summary

Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a leader in mobile technologies, consumer electronics, home appliances and enterprise solutions. From our humble beginnings to our position today as a tech leader, our passion for innovation has been the common thread throughout our history. We've grown into one of THE most recognized global brands. We consider ourselves "relentless pioneers" that push boundaries and defy barriers. The company pushes beyond the limits of today's technology to provide groundbreaking connected experiences across its large portfolio of products and services, including mobile devices, home appliances, home entertainment, 5G networks, and digital displays. As EPA's ENERGY STAR® Corporate Commitment Partner, SEA is dedicated to making a positive impact on the environment through its eco-conscious products, practices, and operations.

People| Excellence | Change | Integrity | Co-prosperity

Role and Responsibilities

This position is responsible for the cash management of SEA, the financing of North American subsidiaries, and the implementation of treasury processes and systems at NAHQ. The position requires strong analytical skills, financial/accounting knowledge, and ability to effectively communicate across various departments and subsidiaries.

• Liquidity Management - collaborate with subsidiaries for US cash pooling and provide support to senior members on daily cash management (assist on execution of investments and manage debt facilities)
• Forecasting cash flow for the entire region to avoid idle cash and make use of our strong balance sheet.
• FX risk management: review subsidiaries' FX hedge, recommend hedge strategy for subsidiaries, communicate with HQ.
• Support month end closing in collaboration other SEA departments and subsidiaries.
• Manage KYC documentation and other regulatory information with banks.
• Administer online bank portal for SEA and guide subsidiaries to comply with treasury policy.
• PMI (Post merger integration) in terms of treasury; analyze merged companies' banking structure, payment process, and banking relationship and recommend optimal structures for them.
• Project management ability: meet time sensitive deadlines and communicate with other corporate finance departments or subsidiaries.
• Monitor and update most recent financial market status to HQ Korea and top management.
• Assist in staff training of subsidiaries; host treasury conference or visit subsidiaries to instruct new system or updated treasury policy
• Support regional Treasurer and senior staff on adhoc financing projects to support business;
• Study best practices of treasury functions and recommend new processes or systems to improve the current practices
• Positive attitude towards operational responsibilities and desire to learn and effectively contribute

Skills and Qualifications

Minimum Qualifications:

• Bachelor's degree in accounting, Finance, Economics and/or Business.
• At least 1-5 years of experience in treasury, corporate finance, accounting, and/or account management in a large-cap/mid-cap corporation
• Highly proficient with Excel, PowerPoint, Outlook and Word
• Fundamental accounting knowledge and/or experience
• Basic understanding of cash management and banking products
• Financial analysis, modeling, and valuation skills
• SAP experience preferred or treasury workstation experience.
• Strong organizational skills with the ability to manage large volumes of data and documents.
• 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.
• Strong analytical skills and ability to synthesize quantitative and qualitative information concisely into strategic recommendations.
• Excellent communication in both Korean and English (verbal and written) is required

Preferred Qualifications:

• Bloomberg experience

Compensation for this role for a candidate based in New Jersey is expected to be between $83,500 and $91,500 but may be higher or lower in other regions due to geographic differentials in the labor market. Actual pay will be determined considering factors such as relevant skills and experience, and comparison to other employees in the role.

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 6 months), Paid Time Off, Student Loan Program (after 6 months), Wellness Incentives, and many more.

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