Account Manager I at LG Electronics

Troy, Michigan, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Feb, 26

Salary

0.0

Posted On

18 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Account Management, Commercial Negotiations, Problem-Solving, Written Communication, Microsoft Office, Automotive Experience, Customer Requirements Understanding, Forecasting, Finance/Accounting Knowledge, Supplier Portal Management, Engineering Change Management, Flexibility, Travel, Packaging Process Understanding, Tooling Requirements, Invoicing

Industry

Computers and Electronics Manufacturing

Description

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. The Opportunity: Driving better future mobility VS (Vehicle component Solutions) Company (https://www.lg.com/global/mobility) of LG Electronics focuses on commercializing environmentally responsible automotive components and core solutions based on LG’s 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: • Bachelor’s 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 10–20 lbs. Preferred: • Knowledge of automotive electronics #LI-HYBRID 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 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.

Responsibilities

The Account Manager I is responsible for managing customer accounts, ensuring production expectations are met, and facilitating commercial negotiations. This role also involves maintaining communication between customers and HQ, managing engineering changes, and creating forecasts to support profitability targets.