Position Summary
Purpose of the Role.
This role is intended to manage marketing cost and to provide a high level of financial support, challenge & control for the UK Sales/Marketing/Retail /Finance teams.
Role and Responsibilities
Key Responsibilities
Financial planning
Own Yearly planning & Monthly forecasting process for marketing expenditure
Ownership and further development of detailed excel-based financial forecasting model to support and drive efficient investment
Regular re-forecasting, budgeting and scenario modelling, and updating for historic performance and provision of analysis board and investor presentations
Challenge division to ensure that forecasts are robust, stretching and achievable.
Prepare analysis where necessary to highlight and analyze key drivers, assumptions and sensitivities behind the forecast.
Driving financial performance
Business partnering with sales/marketing/retail team to drive financial performance
Provide decision support and analytical assessment for Marketing investment
Produce valuable reporting and analysis to support management and identify significant trends/issues
Work with other areas of the business to ensure all commercial elements of a deal are coordinated
Marketing spend process control
Own marketing expenditure process
Ensure sales/marketing teams align with promotional accrual processes and raise provisions using company systems
Own month-end process for marketing costs. Ensure costs are accurately recorded and correctly classified
Provide guidance on the accounting for marketing investment projects, acquiring technical advice from other areas of Finance where necessary and ensuring that transaction can be accurately supported by the company’s financial processes and systems
Reporting
Other / Ad hoc support
Skills and Qualifications
Key Competencies/Characteristics...
Soft Skills
Hard Skills:
PC Literacy - PC Literate:- able to use Excel, Word & Power point to an intermediate to sophisticated level to produce intricate reports and spreadsheets
Educated to at least A Level standard with good grades in relevant subjects and prior administration experience, or alternatively a graduate with limited experience
Familiar with general accounting principles
To be successful in this role you ideally have:-
Relevant finance/business administration experience/qualifications (ACA, ACCA, CIMA etc)
Prior experience of SAP
Experience of Consumer Electronics/IT sales environment
Benefits of working here at Samsung include:
Hybrid working
Bonus Scheme
Pension contribution
3 x volunteering days each year
Holiday - 25 days per annum plus bank holidays
Access to staff sales discounts on a wide range of Samsung products
Access to discount shopping portal
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran 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.