Job Description
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
The SEA Investment Strategy & Ops team uses data-driven insights and analysis, industry best practices, and strategic planning to develop new product and solution concepts to sell out in retail. Bringing new ideas and innovations to market, we work directly with key groups within SEA and external channel partners to get Samsung products into users' hands.
The Manager, MDF Management & Strategy will lead division-level marketing budget management, and influence financial strategy with ROI-based prioritization and recommendations. This role will work closely cross-organizationally across all teams at SEA, particularly with product management, marketing, sales, and internal business planning teams.
Role and Responsibilities - Analyze and evaluate marketing programs and develop & recommend improvements by team based on product growth plan, profit and ROI/KPI analysis, historical performance data, and company strategic initiatives
- Work with cross-functional teams to plan marketing and promotion spend allocation to validate ROI and alignment with company and strategic goals
- Institute improvements for MDF management across the organization, including data housing, communication, and variance management
- Communicates process changes for MDF management, guidance from leadership and Suwon Office with SEA overall MDF % and communicates MDF budget amount to each team
- Lead the target plan meetings with MDF stakeholders to ensure the programs are align to company's goals
- Consolidate bottoms-up MDF forecasts for both monthly target planning and annual management planning by account by category
- Create and allocate overall SEA MX MDF budget, provides team and category budget recommendations to review final forecast with MDF management and product management
- Analyze historical marketing programs performance to identify areas of improvement and innovation
- Prepare and deliver regular data-driven insights of marketing programs to the internal stakeholders
- Manage and publish daily, bi-weekly, and monthly MDF reporting, budget status, forecast accuracy, financial metrics by category, and channel spend analysis
- Analyze strategic initiative programs based on profit and ROI analysis and provide recommendations to leadership
Skills and Qualifications Minimum Qualifications - Bachelor's degree in Marketing, Finance, Business, Accounting, or related field and 6+ of progressive experience
- Very strong business analytical skills, financial acumen, budget management know-how required
- A proven self-starter and a highly motivated individual with a strong ability to aggregate and consolidate from disparate data sources not readily available or stored
- Experience with managing and tracking budget
- Experience with developing financial and operational analysis and presenting information to management
- Strong financial and general accounting knowledge
- Strong PowerPoint skills, familiarity with SAP or other ERP systems
Preferred Qualifications - Bilingual (English, Korean)
- Strong Excel skills
- Background in marketing finance or marketing with FP&A experience
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Life @ Samsung -
Benefits @ Samsung -
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. In addition, regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation, based on company, division, and individual performance.
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Job Tags
Hourly pay, Full time, Work at office,