Field Contract Finance Manager
Samsung Group, Ottershaw, Surrey
Field Contract Finance Manager
Salary not available. View on company website.
Samsung Group, Ottershaw, Surrey
- Full time
- Permanent
- Onsite working
Posted 1 week ago, 14 Jul | Get your application in now before you're too late!
Closing date: Closing date not specified
Job ref: 988072027aa74c90a5f4c8b7e975c74d
Location ref: Ottershaw, Surrey
Full Job Description
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., 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
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
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