Manager, PP&T

Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations.  Our diverse portfolio includes Home Appliance Solutions, Media Entertainment Solutions, Vehicle Solutions, and Eco Solutions.  Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment.  Join us and become a part of a company that is shaping the future of technology.  At LG, we strive to make Life Good for Everyone.  

What we can offer_:_ 

A crafted employee experience designed to foster professional growth, a focus on health & well-being and an internal community that will set you up for success. 

 We offer an environment that enables colleagues to demonstrate their capabilities, focus on their work and create value.  At LG, you're encouraged to take a creative and individual approach to challenges with strong emphasis placed on performance and skill—and equal, merit-based opportunities across the board.  We want our colleagues to grow with our global business.  That's why we deliver sure rewards for exceptional performance and offer industry-leading benefits.  Come join the team! 

 The Opportunity:

A results-oriented Bilingual Korean Senior Manager of PP&T (Price, Promotion, and Trade) is sought to lead division's revenue growth and profitability by strategically managing pricing, promotional activities, and trade spend. This role requires working cross-functionally with various departments like Sales, Marketing, Finance, and Product Management to ensure alignment and effective implementation of pricing, trade, and promotional strategies.

Responsibilities:

• Oversees ROI pre-assessment using sales forecasts to guide strategic resource allocation and investment decisions.
• Develop and execute pricing strategies by aligning with product management team to set prices for products across various channels, optimizing price points.
• Analyze market trends and competitive pricing to make informed pricing decisions and to identify opportunities for price optimization.
• Develop and implement promotional strategies that align with business objectives and attract target audiences.
• Monitor and evaluate promotional performance for adjustments based on performance and market trends.
• Develop trade strategies and plans, collaborating with Sales, Marketing, and Finance to ensure alignment with the company's growth and profit objectives.
• Optimize trade spending by analyzing trade promotion executions to uncover opportunities for improved ROI and influencing tangible improvements for key customers.
• Present pricing analysis and recommendations to senior management and influencing decision-making processes.

Education / Experience (Requirements):

• Bachelor’s degree in business, marketing, finance, or other related fields.
• Master's degree (MBA) and/or professional certification (e.g., CPA, CFA) preferred.
• Minimum 8 years of relevant work experience, with a focus on pricing, promotion management, or trade optimization.
• In-depth understanding and experience in developing and implementing various pricing strategies (e.g., cost-based, competitive, penetration, value-based).
• Must have a experience with analytical tools and methodologies for pricing and promotion optimization.
• Proven ability to lead projects, influence cross-functional partners, and build strong relationships with stakeholders, including senior leadership.
• Korean and English Fluency is required; Excellent written and verbal communication skills to present complex data and insights in a clear, concise, and compelling manner.
• Must have experience working with and managing data warehousing systems for accessing and utilizing large datasets.

Recruiting Range$148,000—$158,000 USD

Benefits Offered Full-Time Employees:

• No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits.
• Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options.
• Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time.  
• Performance based Short-Term Incentives (varies by role).
• Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.
• Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities.
• Group Rate Life and Disability Insurance.

Benefits Offered Temporary/Contractors:  

• Eligible for the relevant benefit programs offered through our partner agencies.

Privacy Notice to California Applicants

Applicants who need assistance or a reasonable accommodation during the hiring process may contact our team by phone at: 973-477-7090 or support@lg4me.freshdesk.com. This email and phone number will only reply to accommodation requests and is not intended for general employment inquiries.

All qualified applicants will be considered for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.

In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies where applicable, the salary range listed may not reflect all geographic differentials applied_._