Commercial Finance Manager

Posted 6 Days Ago
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Chertsey, Runnymede, Surrey, England, GBR
In-Office
Senior level
Computer Vision • Hardware • Mobile • Software • Semiconductor
The Role
Manage day-to-day governance and financial control of large retail field agency contracts: stakeholder and agency relationship management, contract compliance, invoice validation and reconciliations, budget/forecast control, reporting, risk management, and continuous improvement to protect profitability and improve commercial performance.
Summary Generated by Built In

Position Summary

Why join our team?
This role sits in Marketing Commercial Finance team within SEUK Finance. We are a team of 8 leading Samsung Electronics UK(SEUK)’s marketing expenditure. Our team handles over £300m budget for all product divisions and the end-to-end spend management process, from planning to closing, FP& A, reporting and risk management! The team is head up by Head of Marketing Commercial Finance. We have 2 finance managers running planning, forecasting and budgeting, 2 finance analysts managing marketing investment operation process, 1 risk and reporting manager for KPI reporting and process improvement.

Role and Responsibilities

Your key responsibilities

This position reports directly to the Head of Marketing Finance, with a dotted line to the Head of Procurement.

The Field Contract Finance Manager is a hybrid commercial finance and contract governance role responsible for the day-to-day management of large, cross-category Retail Field Agency contracts.

This role ensures strict adherence to contractual terms, robust financial control across front- and back-end processes, and high-quality stakeholder engagement across Samsung divisions and agency partners.

This position plays a critical role in protecting profitability, strengthening commercial partnerships and ensuring governance excellence across Samsung’s Retail Field operations. It sits at the heart of balancing value delivery with cost discipline — ensuring both operational performance and financial integrity are achieved.

The main responsibilities include;

Agency Stakeholder Management

Act as the primary Samsung point of contact for all agency relationship and contractual matters.

  • Build and maintain strong, collaborative relationships with Retail Field Agencies.

  • Act 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 vs. 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 all 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

To be successful, you will possess the following skills and attributes:

  • Senior Stakeholder Management up to C-Suit

  • Complex Supplier Management

  • Ability to set strict rhythms to ensure stringent business review process

  • Establish review criteria and evolve these over time to continually stretch the agency

  • Ability to simplify complex information to ensure cut through for Samsung leadership to key issues and opportunities

  • 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 & Spreadsheet applications.

  • High quality reporting skills including ad hoc & tailored reporting

  • Able to build profitable relationships across agency and key Samsung partners

  • Able to navigate within and across organisations with varying scale and complexity

  • Leadership skills

  • Interpersonal skills

  • Team building skills

  • Presentation skill

  • 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 processes of contract management and adhere to them.

  • Resolving most queries successfully and independently

Skills and Qualifications

Benefits of working at Samsung include

  • 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 Colleagues are not eligible for Samsung Enhanced Paid Sick Leave but may be eligible for statutory payments from their payroll agency

  • Up to 20 (pro-rata) Partner Absence days per calendar year to be used in times of need

A note on 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.

* Please visit Samsung membership to see Privacy Policy, which defaults according to your location, at: https://account.samsung.com/membership/policy/privacy. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here: https://europe-samsung.com/ghrp/PrivacyNoticeforEU.html

Skills Required

  • Senior stakeholder management up to C-suite
  • Complex supplier management
  • Ability to set strict rhythms and business review processes
  • Establish and evolve review criteria
  • Ability to simplify complex information for leadership
  • Understanding of risk and reward
  • Attention to detail
  • Ability to generate business cases
  • Develop clear routes to success per category
  • Financial understanding and modelling capability
  • Robust IT skills including advanced Word processing, database and spreadsheet applications
  • High-quality reporting skills including ad hoc and tailored reporting
  • Ability to build profitable relationships across agencies and Samsung partners
  • Ability to navigate complex organisations
  • Leadership skills
  • Interpersonal and team-building skills
  • Presentation skills
  • Data analysis skills
  • Part- or fully-qualified accountant (ACA, ACCA or CIMA) with 6+ years' experience
  • Vendor audit experience

Samsung Electronics Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Samsung Electronics and has not been reviewed or approved by Samsung Electronics.

  • Parental & Family Support Paid parental leave of up to 14 weeks is offered in U.S. entities, alongside family‑building support, caregiver resources, and adoption assistance. Semiconductor sites note fully paid parental leave for eligible employees and targeted programs for pregnancy and infant care.
  • Leave & Time Off Breadth Generous PTO equivalent to about 20 days per year for full‑time U.S. employees, increasing with tenure, is paired with company holidays. Some entities also promote flexible time initiatives and paid volunteer time.
  • Retirement Support Semiconductor units publicly detail a 401(k) match with immediate vesting, and other U.S. entities highlight strong retirement support. Additional financial programs such as student‑loan repayment and charitable‑gift matching bolster long‑term savings.

Samsung Electronics Insights

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The Company
HQ: Suwŏn
145,454 Employees
Year Founded: 1969

What We Do

Samsung Electronics is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, we are transforming the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, medical devices, semiconductors and LED solutions. Samsung is also leading in the Internet of Things space through, among others, our Smart Home and Digital Health initiatives. Since being established in 1969, Samsung Electronics has grown into one of the world’s leading technology companies, and become recognized as one of the top 10 global brands. Our network now extends across the world, and Samsung takes great pride in the creativity and diversity of its talented people, who drive our growth.

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