Commercial Finance Analyst

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

• Creation of ad-hoc analysis to drive performance as per the request from HQ, European Headquarters and Senior management

Other / Ad hoc support

• Conduct audit/inspection requests when required
• Support ad-hoc projects to drive cost efficiencies as the need arises

Skills and Qualifications Key Competencies/Characteristics... Soft Skills

• High Attention to detail
• Highly organized
• Ability to self-motivated and work on own initiative
• Great teammate
• Hard working
• Enthusiastic
• Personable
• Flexible
• Good communicator and relationship builder
• Proactive approach

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.