Sr. Manager, PP&T (Korean Bilingual)

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. 

 We offer an environment that enables colleagues to demonstrate their capabilities, focus on their work and create value.  At LG, you're encouraged to take a creative and individual approach to challenges with strong emphasis placed on performance and skill—and equal, merit-based opportunities across the board.  We want our colleagues to grow with our global business.  That's why we deliver sure rewards for exceptional performance and offer industry-leading benefits.  Come join the team! 

 The Opportunity:

A results-oriented Bilingual Korean Senior Manager of PP&T (Price, Promotion, and Trade) is sought to lead division's revenue growth and profitability by strategically managing pricing, promotional activities, and trade spend. This role requires working cross-functionally with various departments like Sales, Marketing, Finance, and Product Management to ensure alignment and effective implementation of pricing, trade, and promotional strategies.

Responsibilities:

• Oversees ROI pre-assessment using sales forecasts to guide strategic resource allocation and investment decisions.
• Develop and execute pricing strategies by aligning with product management team to set prices for products across various channels, optimizing price points.
• Analyze market trends and competitive pricing to make informed pricing decisions and to identify opportunities for price optimization.
• Develop and implement promotional strategies that align with business objectives and attract target audiences.
• Monitor and evaluate promotional performance for adjustments based on performance and market trends.
• Develop trade strategies and plans, collaborating with Sales, Marketing, and Finance to ensure alignment with the company's growth and profit objectives.
• Optimize trade spending by analyzing trade promotion executions to uncover opportunities for improved ROI and influencing tangible improvements for key customers.
• Present pricing analysis and recommendations to senior management and influencing decision-making processes.

Education / Experience (Requirements):

• Bachelor’s degree in business, marketing, finance, or other related fields.
• Master's degree (MBA) and/or professional certification (e.g., CPA, CFA) preferred.
• Minimum 8 years of relevant work experience, with a focus on pricing, promotion management, or trade optimization.
• In-depth understanding and experience in developing and implementing various pricing strategies (e.g., cost-based, competitive, penetration, value-based).
• Must have a experience with analytical tools and methodologies for pricing and promotion optimization.
• Proven ability to lead projects, influence cross-functional partners, and build strong relationships with stakeholders, including senior leadership.
• Korean and English Fluency is required; Excellent written and verbal communication skills to present complex data and insights in a clear, concise, and compelling manner.
• Must have experience working with and managing data warehousing systems for accessing and utilizing large datasets.