Senior Pricing & Promotions Manager (Media Entertainment Solutions)
LG ElectronicsStep 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. Summary Responsible for developing and executing category pricing strategies and promotional plan initiatives that drive profitable sales growth and support business objectives across key retail, e-commerce, club, and distribution channels. Leads pricing and promotional planning and financial analysis to optimize revenue, market share, and profitability throughout the product lifecycle. Partners closely with Sales, Product Management, Sales Finance Management, Supply Chain, and retailer stakeholders to establish competitive pricing, evaluate promotional opportunities, and ensure execution. Provides business insights and recommendations through financial modeling, profitability analysis, and performance tracking to support strategic decision-making and achieve corporate growth objectives. Responsibilities Plan and manage long-term promotional roadmaps taking into consideration supply availability, channel inventory levels, competitive activities, and financial objectives. Review and evaluate promotional requests from the Sales organization and provide recommendations that support positive profitability while avoiding channel conflicts. Develop new product launch pricing strategies, account-specific pricing structures, and margin negotiations across all channels. Serve as the primary point of contact for the Sales organization regarding pricing and promotions. Lead promotion and margin negotiations with all accounts. Oversee MDF (Market Development Fund) program, including review and approval of funding requests and management of monthly and annual budgets. Perform promotional cost analysis, financial forecasting, and profitability simulations to support promotion planning and budget management. Partner with cross-functional teams to prepare and communicate roadmap updates, price sheets, SPIFF bulletins, and other sales communications on a weekly and monthly basis. Maintain a high level of accuracy, organization, and attention to detail while managing multiple priorities in a fast-paced environment. Demonstrate strong interpersonal, communication, negotiation, and relationship management skills when working with internal and external stakeholders. Provide leadership, coaching, and strategic direction to support organizational performance and talent development. Qualifications Bachelor's degree is required 10+ years advanced experience and previous consumer electronics industry experience preferred. Strong analytical and financial modeling skills. Experience with pricing strategy, promotions, and budget management. Advanced Excel and data analysis capabilities. Excellent communication, presentation, and negotiation skills. Ability to manage multiple projects and deadlines with strong attention to detail. Proven ability to work cross-functionally and influence decision-making across organizations. Must have strong work ethic and ability to work beyond business hours as needed to meet weekly/monthly deadlines. #LI-DR1 Recruiting Range $140,000&…