Position Summary
Why join our team?
Samsung is an amazing place to work full of endless opportunities, exceptional people and an excellent environment. As well as this, Samsung provides the opportunity to be a part of innovation that makes a real difference in the lives of millions of people worldwide. This role sits within the SEUK Financial Accounting Team. The team itself is split into 3 sub-teams and manages Financial Reporting, Fixed Assets, Treasury & Intercompany for all business areas within the legal entity of Samsung Electronics (UK) Limited.
Role and Responsibilities
Your key responsibilities
Most Treasury tasks are on a cycle, whether it be daily, weekly, monthly or quarterly. You will be responsible for delivering these timely and accurately:
1. Sending bank statements and reports to the relevant departments for posting or information
2. Posting Intercompany receipts to the vendor or customer accounts.
3. Daily bank reconciliation, netting, matching, bank allocations and cash flow
4. Daily cash flow forecast & daily bank clearing
5. Manual same day payment creation, maintaining Firm Banking payments file, Payment Factory file and liaising with the bank
6. FX spot deal & forward deal requests, collaborating closely with EO treasury and posting in SAP and the bank
7. Ensuring evidence attached to postings for audit purposes
8. Bi-monthly netting cycle including notification, additions, deletions, Settlement Reports and journal postings in SAP.
9. Month end FX valuations and Deferred Income as well as ZBT Interest Postings.
10. Completing the Treasury quarterly DC&P reports (SEUK Internal Controls and Processes) for submission to HQ
11. Monthly FSCS reporting for timely bank postings.
12. Providing cover for: downloading bank statements, updating daily bank balances and daily bank transfer postings and ZBT postings.
13. Assisting the Treasury Manager with quarterly external audit deliverables
14. Any Ad Hoc treasury posting
15. Opportunity for cross-training and development within the wider Financial Accounting Team
Skills and Qualifications
What we need for this role
To be successful, you will possess the following skills and attributes:
16. Excellent communication skills (verbal and written); able to handle and maintain strong internal and external working relationships in a professional and cordial manner.
17. Flexible and adaptable to cope with a pressured environment and tight deadlines.
18. Attention to detail and shown organisational skills are a priority.
19. Strong customer service focus and the ability to work well autonomously.
20. Computer literate with strong excel skills and ideally have SAP experience.
21. Optimistic self-starter who enjoys routine tasks as well as ad hoc queries
22. Strong Excel skills
23. If you have a background in Finance that is a bonus, although certainly not essential.
What does success look like?
You will work alongside the Treasury Accountant and will be responsible for the administration of Treasury and Intercompany tasks for Samsung Electronics (UK) Limited. This includes the management of the SEUK and European Office [EO] bank accounts. Success will involve performing on key activities:
24. Bank postings, reports, reconciliations and other Treasury tasks as required by the business, completed in a timely and accurate fashion.
25. Raising Intercompany recharge invoices, posting Intercompany receipts and producing reconciliations as required by the business and in accordance with deadlines.
26. Month end reporting to Group for the Treasury area, including risk reporting
27. Assisting the Treasury Manager by providing cover when other team members are absent
28. There is also the potential to develop and take up other Finance responsibilities as and when required
Benefits of working at Samsung include
29. Hybrid working – 3 days in the office and 2 days at home per week
30. Bonus scheme linked to individual, team and company performance
31. Pension contribution
32. Three volunteering days each year
33. Holiday - 25 days plus bank holidays and an additional day off for your birthday
34. Access to discounts on a wide range of Samsung products
35. Access to a discount shopping portal
36. Partner Colleagues are not eligible for certain types of statutory leave such as Samsung Family Leave or Sick Leave policies but may be eligible for statutory payments via their agency
A note on equal opportunities
We are an equal-opportunity employer and value diversity at our Company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital 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.
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