Senior
Position Summary
Job Description Summary Headquartered in Englewood Cliffs, N.J., Samsung Electronics America, Inc. (SEA), the U.S. Sales and Marketing subsidiary, is a leader in mobile technologies, consumer electronics, home appliances, enterprise solutions and networks systems. For more than four decades, Samsung has driven innovation, economic growth and workforce opportunity across the United States—investing over $100 billion and employing more than 20,000 people nationwide. By integrating our large portfolio of products, services and AI technology, we’re creating smarter, sustainable and more connected experiences that empower people to live better. SEA is a wholly owned subsidiary of Samsung Electronics Co., Ltd. To learn more, visit Samsung.com. For the latest news, visit news.samsung.com/us.
Reviews and manages vendor invoices, payment processing, and vendor master data to achieve operational excellence and mitigate financial risk. Identifies root cause to problems and uses data driven approaches to solve them. Extensive interaction with vendors and internal stakeholders to identify issues and analyze information to provide solutions consistent with our business strategies. This role encompasses vendor invoice lifecycle management, payment execution, vendor banking information governance, and risk management based on company needs, and should go above and beyond assigned responsibility to support the AP function.
Role and Responsibilities
Review/Approve vendor invoices and Purchase orders in accordance with company policy and three-way match requirements
Review vendor payments timely and accurately, ensuring compliance with payment terms and cash management guidelines
Manage vendor bank account information, including verification, updates, and secure handling of sensitive banking data
Conduct vendor bank information audits to detect and prevent fraud, unauthorized changes, or data discrepancies
Communicate with business units and vendors to resolve invoice discrepancies, payment inquiries, and provide guidance on submission requirements
Plan, Develop and conduct trainings for employees about company’s vendor payment policy and process
In charge of AP month end closing in collaboration with other SEA departments and subsidiaries
Project management to meet time sensitive deadlines and communicate with other corporate departments
Update company policy and process per global and local policy changes
Lead reporting and analysis for risk management items (fraud prevention, control gaps, duplicate prevention, and various audits)
Set a goal and manage KPI in AP vendor area
Manage and mentor AP team members
Skills and Qualifications
Background/Experience
Bachelor’s degree in Accounting, Finance, Business, or related field required.
Minimum 8-12 years of experience in Accounts Payable, vendor management, or similar related field including minimum of 2 years of people management
Experience leading a team and supervising activities of staff members in order to achieve personal and team goals, along with completion of assignments within established timelines and specifications
Proven record of leading innovative process improvement projects
Experience with SAP or similar ERP system preferred
Necessary Attributes & Skills
Solid analytical and problem-solving skills
Ability to identify discrepancies and inconsistencies
Strong attention to details is of paramount importance in this role
Diplomacy and ability to deal with difficult situations
Excellent Oral & Written Communication Skills
Solid Microsoft Office skills (Word & Excel) V-lookup and Pivot tables (Macros a+)
AI tool implementation and usage skills in the job function preferred
Attitude towards work and timeliness in completing daily tasks
Sense of urgency to get it done required Relationship Management
Ability to multi-task in fast paced environment
#LI-HM1
Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/ Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/
At Samsung, we believe that innovation and growth are driven by an inclusive culture and a diverse workforce. We aim to create a global team where everyone belongs and has equal opportunities, inspiring our talent to be their true selves. Together, we are building a better tomorrow for our customers, partners, and communities.
Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process Samsung Electronics America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, please contact our Reasonable Accommodation Team (855-557-3247) or SEA_Accommodations_Ext@sea.samsung.com for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.
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