Position Summary
This role sits in the Marketing Commercial Finance team within SEUK Finance. The team of eight manages the UK Samsung Electronics marketing expenditure, handling over £300m budget across all product divisions and overseeing the end‑to‑end spend management process from planning to closing, FP&A, reporting, and risk management.
The team is led by the Head of Marketing Commercial Finance and includes two finance managers responsible for planning, forecasting, and budgeting; two finance analysts managing marketing investment operations; and a risk and reporting manager for KPI reporting and process improvement.
Role and Responsibilities
The Field Contract Finance Manager reports directly to the Head of Marketing Finance and has a dotted line to the Head of Procurement. This hybrid commercial finance and contract governance role is responsible for the day‑to‑day management of large, cross‑category Retail Field Agency contracts.
Agency Stakeholder Management
- Act as the primary Samsung contact for all agency relationships and contractual matters.
- Build and maintain strong, collaborative relationships with Retail Field Agencies.
- Serve as the main interface between agencies and Samsung divisions (MX, HEA & CS).
- Communicate contractual obligations, performance standards, and governance expectations clearly to all stakeholders.
- Facilitate regular performance reviews and business updates.
- Support ongoing performance improvement initiatives across Samsung and its agencies.
- Partner closely with Legal and Procurement on contract interpretation and amendments.
- Champion a proactive, partnership‑led contract management culture across the business.
Financial Management & Reconciliation
- Drive financial accuracy, transparency, and control across all contract‑related activity.
- Review and approve all agency charges, ensuring strict compliance with contractual pricing and invoicing terms.
- Perform detailed front‑end (forecasting, accruals, budgeting) and back‑end (invoice validation, reconciliations) financial controls.
- Ensure all supporting documentation and evidence is provided for audit and accounting purposes.
- Conduct monthly reconciliations between contractual commitments, delivered services, and invoiced costs.
- Track and report on total contract spend versus budget and forecast.
- Identify cost recovery opportunities, billing discrepancies and process inefficiencies.
- Provide accurate and transparent reporting on contract performance, financial exposure, cost trends and operational efficiencies.
- Support continuous improvement of reporting tools and performance measurement methodologies.
Contract Compliance & Governance
- Ensure 100 % adherence to agreed contractual terms by both supplier and internal teams.
- Manage the day‑to‑day governance of large cross‑category Retail Field Agency contracts.
- Ensure services are requested and delivered in accordance with agreed scope, SLAs, and pricing structures.
- Monitor compliance with contractual KPIs and performance measures.
- Maintain accurate records of all contract‑related correspondence and documentation.
- Provide timely resolution of contract‑related issues, both internally and externally.
- Escalate governance issues appropriately in line with company procedures.
- Ensure services are commissioned in the most cost‑effective manner.
- Collaborate with Legal on contract interpretation and compliance queries.
- Support internal audit requirements and maintain a strong control environment.
What we need for this role
- Senior Stakeholder Management up to C‑Suite.
- Complex Supplier Management.
- Ability to set strict rhythms to ensure stringent business review processes.
- Establish review criteria and evolve these over time to continually stretch the agency.
- Ability to simplify complex information to ensure clear communication with Samsung leadership.
- Understanding of Risk & Reward.
- Attention to Detail.
- Generate business cases.
- Generate clear routes to success per category.
- Financial understanding and modelling capability.
- Robust IT skills, including advanced ability in Word processing, database and spreadsheet applications.
- High‑quality reporting skills including ad‑hoc and tailored reporting.
- Ability to build profitable relationships across agency and key Samsung partners.
- Navigate within and across organisations with varying scale and complexity.
- Leadership skills.
- Interpersonal skills.
- Team building skills.
- Presentation skills.
- Data analysis.
- Part or Fully Qualified accountant (ACA, ACCA or CIMA) with 6+ years’ experience.
- Vendor audit experience is a plus.
What does success look like?
- High‑performing suppliers with clear and effective measures and reporting.
- Engaged stakeholders that understand the benefits of the contract management processes and adhere to them.
- Resolve most queries successfully and independently.
Benefits
- Hybrid working – 3 days in the office and 2 days at home per week.
- Bonus scheme linked to individual, team and company performance.
- Car allowance.
- Pension contribution.
- Three volunteering days each year.
- Holiday – 25 days plus bank holidays and an additional day off for your birthday.
- Access to discounts on a wide range of Samsung products.
- Access to a discount shopping portal.
- Partner absence days: up to 20 (pro‑rata) days per calendar year to be used in times of need.
Equal Opportunities
We are an equal‑opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Commercial Finance Manager in Chertsey employer: Samsung Electronics Perú
As a Verification Analyst at our company, you will be part of a dynamic and collaborative team dedicated to excellence in account receivables management. We pride ourselves on fostering a supportive work culture that encourages professional growth and development, offering comprehensive training and clear pathways for career advancement. Located in a vibrant area, our workplace not only provides competitive benefits but also promotes a healthy work-life balance, making it an ideal environment for those seeking meaningful and rewarding employment.