LG Electronics

Senior Sales Account Manager

LG Electronics$100K — $130K *
Troy, MI 48085In-Person
Manufacturing & Automotive
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Engineering, Business or a related technical discipline.
  • Minimum of 10 years of account management experience in the automotive industry.
  • Ability to travel up to 10% for customer site visits and meetings, with a valid driver's license required.

Responsibilities

  • Act as the main liaison between customers and global HQ.
  • Manage programs through the full commercial life cycle from sourcing to mass production.
  • Negotiate pricing and lead cost reduction discussions.
  • Generate and submit quotes, including cost breakdowns and profitability analyses.
  • Collaborate with HQ to track monthly revenue and project profitability.
  • Conduct reviews of contracts and General Terms & Conditions.
  • Set up new customers in internal systems and maintain pricing files.

Benefits

  • No-cost employee premiums for medical, dental, vision, and prescription benefits.
  • Immediate vesting of company matching contributions in a 401(k) Retirement Plan.
  • Generous Paid Time Off policy, including company holidays and combined sick/vacation time.
  • Performance-based Short-Term Incentives depending on the role.
  • Access to mental health resources and personal fitness goal incentives.
  • Paid parental leave and support for families with children facing developmental challenges.
  • Group Rate Life and Disability Insurance.
Full Job Description
LG Magna e-Powertrain USA, Inc. is a newly established US subsidiary headquartered in South Korea, formed through a joint venture by LG Electronics Vehicle Solution and Magna International, created to bring new synergies based on LG's electric vehicle component capabilities and Magna's experience in the traditional automotive industry. Located in Southeast Michigan, LG Magna USA provides engineering, sales, and quality solutions for developing various electric vehicle products such as drive motors, power conversion devices, and related integrated systems. LG Magna USA, as part of the global LG Magna team, strives to become the global No.1 e-Mobility solution partner by providing the highest value technologies and products, securing profitable growth together with customers, and contributing to a sustainable society. Our team takes pride in driving progress by developing innovative solutions for electric vehicle industry customers. Powered by a culture of passion, teamwork, customer focus, initiative, and creativity, we are pushing the boundaries every day. With the philosophy that "people are the source of corporate competitiveness," we are committed to actively seeking out top talent and investing in career growth and development to retain exceptional people. We invite people to join our mission to create innovative solutions leading the trend in creating an eco-friendly, clean future through the electric vehicle industry, to drive a better life.

Applicants must be currently authorized to work in the United States on a full-time basis.
The employer will not sponsor applicants for a work visa.

Overall Responsibilities:

Our Senior Sales Account Manager position is a collaborative and highly impactful role that will be responsible for all commercial deliverables, tasks, and negotiations for assigned accounts. A successful candidate will be an experienced, self-driven and results-oriented engineer with a passion for sales account management to support our various OEM Business. The Sales Account Manager role requires the ability not only to understand Account Management but also, Accounts Receivable and Supply Chain Management tasks. This position's responsibilities include: leading commercial issues and negotiations with the OEM buyer, resolving pricing discrepancies and payment issues, and supporting the resolution of supply chain issues. As the Sales Account Manager you will be required to work in cross functional teams which include customers, global HQ, development engineering, suppliers, quality and manufacturing plants.

Major Tasks Listed Below:
  • Act as the main point of contact between our customers and global HQ
  • Manage programs/projects through the full commercial life cycle (i.e. sourcing to mass production) including the management engineering changes for commercial and timing impact
  • Lead Commercial and Price negotiations which include annual cost reduction negotiations
  • Lead quote generation and submission through business case development and approval processes to ensure understanding of cost breakdowns and profitability analysis
  • Collaborate with HQ team to track & report Monthly revenue, Profitability of projects, Business plan, inform leadership of impact of demand changes
  • Conduct Contract and General Terms & Conditions (GT&C) reviews
  • Set up new customers in our internal system and update and maintain a master price file
  • Oversee and maintain supplier portal management
  • Ensure tooling requirements are met and proper invoicing is generated for on-time approvals and installation
  • Support the Supply Chain Management team to ensure supplier readiness and escalation of supply chain issues. Especially, the resolution of supply chain shortages and other issues that would impact launch timing
  • Manage all prototype, pre-production, mass production, accessory and service requirements
  • Lead the submission process for sales administration approval to ship all non-mass production material

Qualifications:
  • Bachelor's Degree in Engineering, Business or other related technical discipline
  • Minimum of 10 years of experience of account management in the automotive industry
  • Ability to travel up to 10% to customer sites and for business meetings is required. A valid drivers' license is required for local travel.

Preferred Qualifications:
  • Prior account management experience with an Electric Vehicle (EV) Tier 1 supplier
  • Proficiency in supplier and customer portals such as GM SupplyPower
  • Knowledge of commercial issue management such as: pre-production components, contract negotiations, purchasing orders, pricing, tooling, engineering changes and supply chain development
  • Ability to be Self-driven, results oriented with a strong sense of initiative in tackling complex tasks
  • Ability to learn quickly with the willingness and flexibility to learn and adapt to company working culture and processes
  • Excellent written/verbal communication and organizational skills
  • Ability to understand customer needs and to probe for answers, and then determine a solution and advocate that solution to the customer
  • Ability to work with customers and internal stakeholders and make sure all deliverables are met
  • Capacity to identify risks and raise issues to relevant stakeholders
  • Superior attention to detail
  • Ability to work under pressure and to maintain deadlines
  • Skill in MS Office skills (Excel, PowerPoint, and Word)

Applicants must be currently authorized to work in the United States on a full-time basis.
The employer will not sponsor applicants for a work visa.


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.

About LG Electronics

LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of the LG Corporation, the fourth-largest chaebol in South Korea, and its global sales reached US$55.91 billion in 2014. It comprises four business units: Home Entertainment, Mobile Communications, Home Appliances & Air Solutions and Vehicle Components, with Starion India as its main production vendor for refrigeration and washing machines in the Indian sub-continent. LG Electronics acquired Zenith in 1995 and controls 37.9 percent of LG Display as of 2013. Since 2008, LG Electronics remains the world's fourth-largest LCD television manufacturer. The company has 128 operations worldwide, employing 83,000 people.
Learn more about LG Electronics

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