Manager - MDF Management & Strategy
Manager - MDF Management & Strategy
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Job Description
Position 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 Statesinvesting over $100 billion and employing more than 20000 people nationwide. By integrating our large portfolio of products services and AI technology were 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 . For the latest news visitThe 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 companys 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
- Bachelors 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 - @ Samsung - 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 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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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.
* Samsung Electronics America Inc. and its subsidiaries are committed to employing a diverse workforce and provide Equal Employment Opportunity for all individuals regardless of race color religion gender age national origin marital status sexual orientation gender identity status as a protected veteran genetic information status as a qualified individual with a disability or any other characteristic protected by law.
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 you have a disability and require a reasonable accommodation in order to participate in the application process please contact our Reasonable Accommodation Team ) or for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.
Required Experience:
Manager
Employment Type
Full-Time
