Account Manager I

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 Lifes 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 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 us and become a part of a company that is shaping the future of LG we strive to make Life Good for Everyone.

The Opportunity:

Driving better future mobility

VS (Vehicle component Solutions) Company ( of LG Electronics focuses on commercializing environmentally responsible automotive components and core solutions based on LGs proprietary technologies. A leading provider of core components for global car manufacturers VS Company is supporting the emerging trend of the vehicle industry.

Account Manager I

Responsibilities:

Account Management

• Customer setup and identify requirements to meet their production expectations
• Understand what is needed from time of sourcing to mass production to ensure on-time safe launch
• Commercial negotiations
• Annual cost reduction negotiations
• Understanding the breakdowns of quotes
• Submit quotes in customer format & expectations
• Tooling Requirements & Invoicing
• ED&T Invoicing & Payment Follow Up
• Supplier Portal Management Admin
• Contact / General Terms & Conditions (GT&C) review & understanding
• Understand the packaging process and customer requirements (including labels)
• Update and maintain a master price file
• Main point of contact between customers and HQ
• Manage engineering changes (timing & cost)
• Create monthly and yearly forecasts to support internal targets for profitability
• Understand customer revenue variances and be able to clearly explain revenue to management (monthly quarterly annually)

Finance/Accounting

• Understand Account Receivable process
• Compile and submit all monthly statements to Customer/Client
• Track all tooling and ED&T payments
• Process approval for all Credit & Debit requests
• Manage Account Accruals to accurately communicate revenue
• Experienced and results-oriented
• Participate in meetings with the OEM suppliers or other organizations necessary and report to Sales Manager
• Communicate and coordinate commercial work between OEM Suppliers and HQ in Korea
• Other duties as assigned

Qualifications:

Required:

• Bachelors degree
• 4 years of automotive experience
• Experienced in Microsoft Office applications (Excel PowerPoint Outlook Teams)
• Excellent written and verbal skills: In-person and virtual meetings via phone and e-mail/messaging/video conference tools (e.g. Outlook Teams Webex text messaging)
• Problem-solving skills necessary to lead discussions with internal/external stakeholders (e.g. customers HQ) and develop successful resolutions of complex issues
• Ability to think outside the box identify opportunities for continuous improvement and manage competing priorities/multitask when necessary
• Demonstrated clear/concise written communication skills to compile reports respond to inquiries/requests and explain processes/procedures
• Flexibility to work early/late hours for business meetings
• Travel: up to 5% domestic (e.g. warehouse customer and regional office locations throughout U.S.) and international (e.g. N. America (outside the U.S.) Asia Europe
• Physical Requirements: Ability to lift and carry boxes weighing between 1020 lbs.

Preferred:

• Knowledge of automotive electronics

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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 investmentoptions.
• 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.

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At LG we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race color creed religion gender age sexual orientation national origin disability veteran status or any other characteristic protected by state federal or local law. Consistent with our commitment to providing equal opportunity and embracing diversity LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics.

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.