Treasury Manager (328363)

Job description

Regular Full-Time
Samsung Electronics America ,Ridgefield Park New Jersey

Apr 5, 2018
General Description
This position is responsible for the cash management of SEA, the financing of NA subsidiaries, and the implementation of new treasury processes and systems at NAHQ. This position requires strong analytical and research skills, communication skills with various departments and subsidiaries, as well as leadership and an innovative mindset to lead change management and to successfully implement various kinds of projects to improve treasury operations. Duties & Responsibilities • Liquidity Management; supervise daily cash management of US pooling and support regional treasurer to make decision for investment or loan, advise Canadian subsidiaries • Study best practices of treasury functions and recommend new processes or systems to improve the current practices • PMI (Post merger integration) in terms of treasury; analyze merged companies' banking structure, payment process, and banking relationship and recommend optimal structures for them • ISDA and Dodd & Frank regulatory follow up for new merged companies or new banks • Oversee month end closing for cash, short term investment, and debts • Supervise FX risk management; review subsidiaries' FX hedge, recommend hedge strategy for the subsidiaries, communicate with HQ • Administer online bank portal for SEA and guide subsidiaries to comply with treasury policy • Lead training staff of subsidiaries; host treasury conference or visit subsidiaries to instruct new system or updated treasury policy • Monitor and update most recent financial market status to HQ Korea and top management • Management banking relationship • Lead financing related projects to support business; analyze potential outcome and feasibility of the recommendation for various projects in terms of treasury • Project management ability; meet deadline of each task and communicate successfully with other departments or subsidiaries
Company Information
Since being established in 1969, Samsung Electronics has grown into one of the world's leading technology companies and has become recognized as one of the top 10 global brands. Samsung is currently ranked #2 on Forbes' “Most Reputable Tech Companies” for 2016 and #6 on Interbrand's "Best Global Brands” list for 2017.Our network extends across the world, and Samsung takes great pride in the creativity and diversity of its talented people, who drive our growth. As a result of our commitment to innovation and unique design, the Samsung organization is one of the most decorated brands in the electronics industry. Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a recognized innovative leader in consumer electronics, mobile devices and enterprise solutions. A wholly owned subsidiary of Samsung Electronics Co., Ltd., SEA is pushing beyond the limits of today's technology and providing consumers and organizations with a portfolio of groundbreaking products in appliances, home entertainment, Internet of Things, mobile computing, smartphones, virtual reality, wireless infrastructure and wearables, in addition to offering leading content and services related to mobile payments, 360-degree VR video, customer support and more. Samsung is a pioneering leader in smartphones and HDTVs in the U.S. and one of America's fastest growing home appliance brands. Samsung's philosophy is based on our strong determination for growth, perpetual innovation and responsibility to corporate citizenship. As part of our Samsung Gives philanthropic platform, we offer companywide Days of Service, a volunteer time off program, and an employee giving match program, so our employees can support causes that are closest to their hearts and choose how they want to give back. Since 2002, Samsung has provided more than $46 million to more than 1,000 public schools and community organizations in the United States through its many citizenship initiatives, including the STEAM-education based Solve for Tomorrow Contest. At Samsung we work hard – every day. It is a fast-paced and challenging work environment, and we are a nimble team that constantly pushes ourselves to be the best. If you have energy, passion, dedication and drive, and you thrive in a fast-paced workplace, the rewards at Samsung are many. Apply today and find out why LinkedIn ranked us as one of North America's Most InDemand Employers in 2015. Samsung Electronics America provides Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, status as a protected veteran, genetic information, status as a qualified individual with a disability or any other characteristic protected by law.

Desired profile

Necessary Skills / Attributes
REQUIRED KNOWLEDGE, EDUCATION AND/OR EXPERIENCE: • Undergraduate degree in Finance, preferred MBA, CFA or CTP • At least 2 years of experience (in) or combination of Treasury, Finance, Accounting • Accounting knowledge and relevant experience at least 1 year • SAP or treasury work station experience at least 3 year • Strong communications, leadership, and networking skills • Strong analytical and research skills • Project management skills • Proficient in Microsoft Excel, Word, PowerPoint & Web search (Bloomberg experience preferred) • Bilingual, preferred Korean MAJOR CONTACTS: • Accounting and treasury department of SEA and NA subsidiaries - Listen to the needs for process improvements, implement new processes, and educate and manage the process changes • Banks, economists, and lawyers - Communicate with banks to find the best solution for financing or the best practice for treasury operations; share views and collect information on the US economic outlook SUPERVISORY RESPONSIBILITIES: • Support two staff for daily and monthly cash management, FX trading, and periodical internal audit process • Support subsidiaries' staff for treasury matter Necessary Skills / Attributes Advanced Excel, Word, PowerPoint, and SAP Knowledge of treasury and accounting Interpersonal skill