Financial Accountant

Samsung Electronics East Africa is Hiring.

ACCOUNTANT (FINANCE & TAX)- FINANCE DIVISION

Are you passionate about Technology?
We are looking for people with Creative Intelligence and results -driven, challenging and disciplined, innovative and practical, Inspiring and good team players and with ability to navigate an organization.

Samsung Electronics is a global leader in technology, opening new possibilities for people everywhere by creating new and meaningful device experiences. Through relentless innovation and discovery, we are transforming the worlds of TVs, smartphones, wearable devices, tablets and digital appliances such as refrigerators, washing machines and air conditioners.

In East Africa, Samsung Electronics East Africa markets all Samsung Electronic products within the region as well as having a presence in over 13 of the East and Central African countries.

Job Purpose;

The role will be responsible finance & accounting management, tax management and service support ensuring compliance with local, state and federal laws and regulations.

The candidate will play a crucial role in tax management, planning, managing audits, and minimizing tax liabilities while ensuring the accuracy of each filing.

The ideal candidate should have a solid background in finance and accounting preparation, planning, financial reporting, and excellent analytical skills.

Key duties & Responsibilities;

Finance & Accounting Management

• G/L Management – PL & BS management (open items, overdue items, timely and accurate posting, possibility of duplicate payments
• A/R Management – AR aging, information management, bad debt AR management, top 10% management, AR reconciliations, inter-subsidiary AR/AP reconciliation
• Credit Management – Credit rating, LC management, Customer hedging, credit determination.
• A/P Management – Vendor registration, AP terms and payment, approvals
• F/A Management – Cost centre allocation, transfers, scrap, class change, impairment and depreciation management, tax WTD calculation
• Closing – Periodic cost posting Depreciation, accruals, AR/AP netting), PL verification and BS balance validations

Service Support

• Service administration - Claim and compensation support, service performance management, warranty claim and cost management
• Parts operation - parts AR and credit management, parts logistics and cost performance and management

Tax Management

• Designing and implementing a suitable tax management process for the organization, which includes an analysis of the financial impact on the company on all tax issues.
• Manage tax provision and tax compliance process
• Follow industry trends and track changes related to taxes.
• Conducting policy and compliance audits, which will include liaising with internal and external auditors.
• Tax audit processes and procedures and develop risk management controls and systems
• Prepare reports and present recommendations
• Develop and implement best practice standards and secure sustainable effectiveness of operational controls on tax issues
• Establishing and maintaining the tax risk framework and operating procedure
• Monitor and report on the implementation of tax recommendations and compliance with statutory and contractual obligations.

Knowledge; Skills and Experience required for this Role

• BSc in Business, Finance or a related field
• Proven experience in Finance & Accounting Management
• Tax Experience working for the Big 4 Audit Firms will be an added advantage
• Knowledge of overseeing tax and compliance issues
• Creative / analytical thinking, problem solving
• Ability to understand broader business issues
• Planning and organizational skills
• Communication and presentation skills
• Proven experience in developing structured plans and processes
• In-depth knowledge of ERP such as SAP HANA 4
• Knowledge of Data Protection Laws

If you believe, you are the right candidate and can clearly demonstrate your ability to meet the criteria given above, please submit your application with your CV
on
or before October