New

Account Manager I

LG Electronics USA
parental leave, paid time off, 401(k)
United States, Michigan, Troy
1835 Technology Drive (Show on map)
Mar 14, 2025
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. 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 Job Responsibilities: - Experienced and results-oriented Sales Account Manager is needed. - Participate in meetings with the OEM, suppliers or other organizations necessary and report to Sales Manager. - Communication and coordination commercial work between OEM, Suppliers, as HQ in Korea. Account Management * Customer Setup and Requirements to meet their production expectations * Understand what is needed from time of sourcing to mass production to ensure on time 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 Managemetn Admin * Contact / General Terms & Conditions (GT&C) review & Understanding * Understand the packaging process and customer requirements (including labeling) * Update and maintain a master price file * Main point of contact between our customers and HQ * Manage engineering changes (timing & cost) * Understand customer revenue variances to explain revenue to managment (monthly, quartely, annually) Finance/Accounting Roles (Action taken by CFO team but has to Collaborate with them) * 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 Other duties may apply Qualifications: Required: * Bachelor's degree * 4+ years of automotive experience * Ability to travel up to 5% (International & Domestic) * Ability to work early/late hours for business meetings Preferred: Knowledge of automotive electronics is preferred 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.