Senior Manager of Value Realization
Senior Manager of Value Realization
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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 visit and Responsibilities
The organization seeks a highly skilled results-oriented Senior Manager of Value Realization with deep expertise in finance and accounting a strong understanding of contract lifecycles and a proven track record in project management. This role is responsible for ensuring that the company derives maximum financial value from its contracts and business relationships and plays a pivotal role that bridges financial strategy with operational execution. The successful candidate will connect contract terms and financial models to actual costs actively driving financial optimization identifying savings opportunities and minimizing fiscal and operational risk across a portfolio of 200 vendor commercial lease and customer contracts annually.
Role & Responsibilities
- Project and Lifecycle Management
- Contract Lifecycle Oversight:Manage assigned commercial agreements lifecycle from negotiating execution performance monitoring and close-out phases.
- Project Execution:Utilize strong project management methodologies to efficiently manage multiple projects and initiatives simultaneously ensuring deadlines are met and progress is effectively tracked.
- Process Improvement:Develop and implement strategies to streamline vendor and contract management processes.
- Develop and implement a comprehensive tracking system for all major contracts including commercial leases to proactively monitor and manage expiration dates critical milestones triggering events and material provisions throughout the contract lifecycle.
- Establish and maintain a robust methodology for tracking KPIs and performance metrics to ensure effective oversight of project and contract execution compliance and risk mitigation.
- Financial Management and Analysis
- Cost Management and Optimization:Conduct regular variance analyses comparing actual invoiced costs with contracted pricing and original cost models. Proactively identify cost savings avoidances and optimization opportunities.
- Value Realization Monitoring:Define track and report on financial performance metrics (KPIs) related to commercial agreements and contract value.
- Develop executive-level dashboards that provide clear data-driven insights on contract ROI and spend.
- Provide strategic financial guidance by serving as a trusted advisor to business units assisting in the negotiation of contracts and projects by translating complex financial and business terms into actionable strategic decisions.
- Data-Driven Insight:Utilize strong analytical skills to perform data analysis and deliver actionable insights based on contract performance and financial findings.
- Collaboration and Communication:
- Cross-Functional Collaboration with Stakeholders and Leadership:Partner closely with internal stakeholders (including Finance Operations and business unit leaders) and external parties (i.e. vendors or customers) to foster strong collaborative relationships.
- Serve as a primary point of contact for internal stakeholders (project teams finance and operations) and external parties (clients vendors) on all contractual matters.
- Facilitate clear and effective communication throughout the contracting process including explaining business terms financials and conditions addressing concerns and managing expectations.
- Communicatepreemptively with relevant stakeholders about upcoming obligations or critical dates providing actionable recommendations in a timely manner to enable informed decision-making prompt action on obligations and maximize contractual benefits for Samsung.
- Risk Management and Compliance:
- Identify and assess potential legal financial and operational risks associated with contracts.
- Develop and implement mitigation strategies to address identified risks and ensure contract and invoice compliance.
Skills and Qualifications
Minimum Qualifications
- Education: Bachelors degree in business administration accounting/finance or a related field from an accredited college or university.
- Experience: A minimum of8 years of combined experiencein project management purchasing accounting/finance or related fields demonstrating a strong foundation in cost modeling investment planning and/or contract management and aligning them with business objectives.
- Skills:
- Expertise in financial analysis cost management and optimization with experience in variance analysis and identifying cost-saving opportunities.
- Strong understanding of legal financial and operational processes to align with company objectives.
- Well-developedanalytical thinking skills enabling effective risk assessment and decision-making.
- Strong project management skills with the ability to manage multiple initiatives simultaneously and meet deadlines.
- Experience in process improvement and streamlining vendor and contract management processes.
- Proven ability to collaborate across all levels and functions fostering strong relationships and driving successful outcomes.
- Technical Competencies:
- Ability to performdata analysisand deliveractionable insightsbased on findings supporting informed decision-making and strategic planning.
- Strong knowledge of using Microsoft Suite tools (e.g. Excel PowerPoint Word) for creating reports presentations and managing documentation efficiently.
- Experience with financial dashboard tools (e.g. Tableau Power BI) for tracking project KPIs and contract performance metrics.
Preferred Qualifications:
- Masters degree in Business Administration Supply Chain Contracts Finance/Accounting or a related field from an accredited college or university.
- Basic understanding of legal principles related to contracts although the Legal department will handle final legal review.
- Industry-recognized credentials or certifications highly preferred (CPCM CCCM PMP etc.).
- Strong interpersonal and communication skills with the ability to foster collaboration resolve conflicts and build trust across diverse teams and stakeholders.
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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:
Senior Manager
Employment Type
Full-Time
