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LG Electronics · 3 months ago

Bilingual Senior Manager, Pricing, Promotion & Trade (English/Korean)

Englewood Cliffs, NJ

Full-time

Onsite

Senior Level, Lead/Staff

$103K/yr - $175K/yr

8+ years exp

LG Electronics is a global leader in technology dedicated to creating innovative solutions for a better life. They are seeking a results-oriented Bilingual Senior Manager of Pricing, Promotion & Trade to lead the division's revenue growth and profitability by strategically managing pricing, promotional activities, and trade spend while collaborating cross-functionally with various departments.

Consumer ElectronicsElectronicsHardwareTelecommunications

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

Qualification

Pricing strategiesPromotion managementTrade optimizationAnalytical toolsData warehousing systemsKorean fluencyEnglish fluencyLeadershipCommunication skillsCross-functional collaboration

Required

Bachelor's degree in business, marketing, finance, or other related fields

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 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

Preferred

Master's degree (MBA) and/or professional certification (e.g., CPA, CFA) preferred

Benefits

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.