Senior Analyst, Regional Business Control and Operations

Position Summary

The regional business controllership and risk management role involves managing financial performance, budgeting, and reporting for South East Asia & Oceania (SEAO) subsidiaries by identifying cost drivers and creating presentations for management. The role also requires aggregating data to generate sales and profit reports, evaluating business KPIs, and managing marketing expenses. Additionally, the role involves establishing allocation factors, liaising with subsidiary teams, and managing team MBOs. The risk management aspect includes routine audit reporting, ad-hoc project management, consolidating entity results, designing internal controls testing, and coordinating with external auditors. The position may require performing audit planning and process reviews on an ad-hoc basis.

Role and Responsibilities

Business Controlling Role

• Generate data and monitor Regional and local subsidiaries budget and expenditure planning, reporting on the variance on a monthly basis.
• Person in charge of financial performance analysis, identify cost drivers and explain variances from rolling forecasts.
• Extract insight from reports, generate commentaries and create PowerPoint Presentations for Management reporting.
• Aggregate large data sets from subsidiaries across Southeast Asia to create sales & profit, overhead reports, etc.
• In charge of company and subsidiaries level all business KPI performance evaluations, make simulations, find out the reasons for low achievements and methods to increase.
• Manage internal regional marketing expense process from annual & project budget approvals, vendor selection approach, and contract review to drive cost efficiencies and ensure process compliance throughout all marketing.
• Partner with stakeholders across business units (ex: accounting, business unit, marketing, and product teams) for regional marketing expense planning and execution process.
• Establish and apply allocation factors/methodology for proper allocation of regional office cost to local subsidiaries.
• Actively liaise with subsidiary teams and regional product managers to uncover P&L variances.
• Manage each team MBO periodically, track their KPI for performance bonus settings for regional office and partner with HR to calculate payout.

Risk Management Role

• The position is an experienced hire position for a mixture of routine audit reporting and ad-hoc project management duties.
• Consolidate and inquire entities PIC on exceptions and results noted for monthly, quarterly, and half-yearly reporting. Information under review will include financial reconciliations such as cash, inventories, AR, and AP, operational exceptions specific to Samsung operations, and review of internal policies/standard operating procedures adopted by HQ.
• Design & operate internal controls testing, manage test status and completion within given timeframe by identifying gaps and weaknesses within business processes through system data and providing recommendations to rectify/enhance business processes’ effectiveness and efficiency.
• Work with external auditors to coordinate and support external audit process partnering with subsidiaries and play a leading role in ensuring smooth operation of countries reporting to this region.
• Navigate through multiple systems as required in performing day-to-day tasks. Download data and share with overseas countries using NERP (SAP).
• Perform audit planning and process review on an ad-hoc basis (30%) to regional subsidiaries in Southeast Asia, Australia, and New Zealand. Audit projects may be performed remotely or overseas depending on the task.

Skills and Qualifications

• Degree holder, preferred in Business, Finance, Accounting, etc.
• Ability to speak/write/comprehend business English.
• Min. 5-10 years of experience in Budgeting & Internal controls.
• Strong MS Office Skills is a must (Word, Excel, PPT), SAP system.
• Good analytical skills, high accuracy and sensitive to numbers.
• Able to work independently with minimal supervision.
• Good and effective interpersonal skills to communicate across various levels of stakeholders.

Culture Fit & Behavioral Competencies

• Able to navigate through Globally Complex Organization. Samsung Electronics organization is large, complex, and fast-moving. The individual must move quickly in this environment while producing great work and building relationships.
• Passion and Energy: Work with passion for ideas and energy.
• Intellectual Curiosity/Continuous Learner: Able to learn new approaches and embrace new ideas rather than reverting to the old and proven.
• Strong Personal Communicator: Possesses excellent communication skills; an active listener and presenter who can articulate vision and goals with clarity and passion.
• Global Collaboration: Ability to collaborate effectively across business units, geographies, and cultures. May require frequent business trips and in some cases, extended business trips to overseas within Southeast Asia and Oceania.