Samsung Electronics
Website:
samsung.com
Job details:
Job Summary
The Senior Finance Manager will provide strategic leadership across finance, accounting, taxation, treasury, audit, legal risk management, and corporate governance for Samsung SDS’s logistics operations in India. The role involves driving financial planning, profitability, cost optimization, working capital management, statutory compliance, and corporate reporting while mitigating legal and contractual risks associated with third-party logistics (3PL), freight forwarding, and supply chain operations. The position will coordinate closely with regional headquarters, the Korea head office, internal departments, auditors, and external legal advisors to support business growth and ensure regulatory compliance.
Roles & Responsibilities
- Lead annual budgeting, business planning, monthly rolling forecasts, and long-term financial modelling for the India logistics business.
- Oversee financial and management accounting, general ledger, balance sheet reconciliations, treasury, taxation, legal matters, and settlement functions.
- Analyse profitability by customer, transport lane, and warehouse location, identifying opportunities to optimize procurement, carrier spending, and network costs.
- Manage billing operations, freight payment settlements, credit control, overdue receivables, and intercompany transactions to improve working capital and cash flow.
- Ensure timely month-end and year-end financial closing in accordance with applicable Ind-AS and IFRS requirements.
- Prepare financial performance reviews, MIS reports, and financial analysis for regional headquarters and the Korea head office to support management decision-making.
- Ensure compliance with Indian GST, customs duties, corporate income tax, transfer pricing, and other applicable tax regulations.
- Manage cross-border transfer pricing documentation, assessments, and intercompany logistics transactions.
- Oversee cash-flow forecasting, fund management, banking relationships, and foreign exchange risk management.
- Coordinate with internal departments and external consultants on tax assessments, regulatory matters, and statutory requirements.
- Lead statutory, financial, tax, internal, and corporate audits, ensuring accurate documentation and timely completion.
- Coordinate with external auditors, including Big Four firms, and internal audit teams from regional headquarters and Korea.
- Manage audits relating to Ind-AS, IFRS, income tax, GST, transfer pricing, and internal control processes.
- Establish and monitor internal controls, including SOX and process-audit requirements, and implement corrective and preventive actions to address audit observations and compliance gaps.
- Draft, review, and negotiate commercial contracts, MOUs, NDAs, bonds, indemnities, and other legal documents in accordance with company policies.
- Review legal notices, claims, demands, and related correspondence, coordinating appropriate responses and follow-ups.
- Manage commercial disputes, cargo transit claims, maritime and aviation claims, insurance claims, and commercial arbitration.
- Coordinate with external legal counsel to address litigation, contractual disputes, and other legal matters.
- Ensure compliance with applicable customs regulations, FEMA, local labour laws, and relevant logistics-sector regulatory requirements.
- Establish governance and risk-control frameworks to identify and mitigate financial, operational, legal, and reputational risks.
- Work closely with regional headquarters, the Korea head office, branch management, and departmental heads to ensure effective coordination.
- Provide timely financial updates and reporting on closing results, overdue receivables, tax matters, and overall business performance.
- Collaborate with finance, operations, legal, and other departments to support business objectives, strengthen internal controls, and improve operational efficiency.
Mandatory Requirements
- CA or ACCA qualified.
- 15–25 years of relevant professional experience in finance, accounting, taxation, audit, and legal/compliance management, preferably within logistics, 3PL, freight forwarding, or supply chain operations.
- Strong knowledge of financial planning, budgeting, forecasting, profitability analysis, working capital, treasury, and corporate reporting.
- Practical knowledge of Indian GST, customs duties, corporate income tax, transfer pricing, and applicable statutory regulations.
- Experience managing statutory, internal, tax, and financial audits, including Ind-AS and IFRS reporting requirements.
- Knowledge of commercial contracts, claims management, legal risk mitigation, and corporate governance.
- Understanding of logistics-specific legal and commercial requirements, including Incoterms, Bills of Lading, customs regulations, and carrier liabilities.
- Advanced proficiency in SAP/ERP systems, Microsoft Excel, and PowerPoint.
- Strong cross-functional collaboration, stakeholder management, negotiation, and leadership capabilities.
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