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Financial Accounting/Cost Specialist
Company: Samsung Location: SC, US Employment Type: Full Time Date Posted: 10/12/2021 Expire Date: 06/11/2022 Job Categories:
Accounting/Auditing, Computers, Software, Finance/Economics, Financial Services, Information Technology, Internet/E-Commerce, Sales, Web Technology
Job Description
Financial Accounting/Cost Specialist
Position Summary
Samsung Electronics Home Appliances is seeking a qualified Cost Specialist. You will analyze and make important decisions based on costs and benefits (e.g. investments, market growth, pricing changes). You will also be able to perform the duties listed below.
Role and Responsibilities
Company Monthly Closing Procedures
Monthly forecasting and analysis by cost center, general ledger
Manages financial risks of SEHA internal processes.
Manages financial impact of KPI.
Establishes and manages department budgets.
Gather and analyze Budget Data
Determine standard costs and investigate variances with actual costs
Prepare detailed reports, both periodically and ad-hoc
Create and manage budgets, and monitor spending
Conduct audits on financial processes and transactions
Monitor changes in processes or methods to calculate effects on overall costs
Estimate product costs for existing and new products
Forecast and analyze costs of processes, labor and inventory
Suggest cost-reducing or profitable solutions
Collecting and analyzing financial data
Estimating costs and comparing budgets with actual expenses
Monitoring costs after significant changes in products or processes
Other responsibilities as assigned by management; job duties may change at any time with or without notice
Skills and Qualifications
Excellent knowledge of Excel, SAP (finance and/or Sales module), accounting and finance
Good communication skills
Detail-oriented, independent and analytical approach, team player
Able to identify opportunities and suitable solutions for process improvement
Bachelor's degree in Economics and Finance preferred
Proven experience as a cost analyst, cost specialist or similar role
Experience in data, operational and financial analysis
Knowledge of accounting processes and software
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