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Samsung SDS · 1 month ago

Cost Control Specialist

Newberry, SC

Full-time

Onsite

Entry, Mid Level

2+ years exp

Samsung SDS is a leading company in the technology sector, seeking a Cost Control Specialist to support its Finance department. This role involves maintaining the integrity of the fixed asset register, analyzing capital expenditures, and assisting with cost control initiatives to ensure accurate financial reporting and compliance with accounting standards.

Information ServicesInformation Technology

Responsibilities

Collect, analyze, and report on cost data by cost center, department, and project

Assist in preparing cost variance analysis (budget vs. actual) with commentary for management

Support cost forecasting and budgeting activities, including identifying trends and cost-saving opportunities

Work with operations, supply chain, and other departments to monitor cost drivers and improve efficiency

Provide financial analysis to support capital investment proposals and business cases

Maintain and update the fixed asset register, ensuring accurate capitalization, depreciation, and disposals

Review and approve fixed asset purchases and ensure compliance with company policies

Track and reconcile capital expenditures (CAPEX) against approved budgets and Work Breakdown Structure (WBS) codes

Support fixed asset audits, physical verifications, and reconciliations with operations teams

Prepare fixed asset roll-forward schedules and assist with month-end and year-end close processes

Ensure compliance with corporate accounting policies, GAAP/IFRS, and internal controls related to asset management

Assist in month-end close activities related to costing and fixed assets

Prepare journal entries, reconciliations, and supporting documentation

Provide ad hoc analysis and reporting to management as needed

Support compliance with internal and external audits

Qualification

Fixed asset managementCost analysisGAAP/IFRS knowledgeERP systems proficiencyAdvanced Excel skillsAnalytical skillsMeet deadlinesAttention to detailCommunication skillsOrganizational skills