LG Electronics USA, Inc. Financial Planning Manager - Bilingual (Korean/English) in Englewood Cliffs, New Jersey
Financial Planning Manager - Bilingual (Korean/English)
Location Englewood Cliffs, New Jersey
Department (Org 2) HE Business Planning S20389
Job Requisition 21830
At LG we make products and services that make lives better, easier and happier through increased functionality and fun. Put simply, we offer the latest innovations to make “Life Good” – from home appliances, consumer electronics, vehicle components and mobile communications to business innovations in digital signage, air conditioning, solar and LED lighting. As a global leader, we strive for greatness in product leadership, market leadership and people leadership to realize our growth strategies.
Talk about a mantra. Life’s Good with LG!
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!
We are currently seeking a Financial Planning Manager to join our dynamic team in Englewood Cliffs, NJ as part of the Home Entertainment Team!
Performance Management of all measurable Financial KPIs set by the Division.
In-depth gap analysis to identify root cause and develop action items to improve based on financial data.
Develop, interpret, and implement financial tools to perform periodic and scenario-based profit simulations to assist top management with strategic decision-making process.
Ensure appropriate month-end closing process and determine profitability through in-depth analysis and clear communication.
Oversee annual business planning process to establish subsidiary & consolidated profitability targets through cross-departmental communication with respective teams in US and Headquarter.
Develop, maintain, and analyze financial models - annual/monthly budgeting, variance analysis, periodic forecasts of fiscal year and rolling periods.
Develop and Manage weekly/monthly reports as required by management to enable effective financial and operational decision-making.
Collaborate with LG Stakeholders including Sales, Marketing, Service, to plan Merchandising projects
Coordinate with Agencies, Fixture Manufacturers, Installation providers and 3rd party field team to execute Merchandising projects
Optimize Merchandising by evaluating store level execution, identifying areas of improvement and communicating issues.
Manage in store behaviors that drive performance to target, market Share and other sales measurements to deliver on assigned goals.
Support Sell-Through with assisted selling, additional displays and special events to drive LG mind share and market share
Develop and maintain business relationships with retail partner teams and build LG advocacy
Monitor Compliance with 3rd party field team of retail visit execution including frequency, quality, and reporting
Bachelor's degree is required
Minimum 6 years of relevant experience is required
Working knowledge of financial planning & analysis concepts (budgeting processes, identifying trends, evaluating ROI)
Must be highly detail-oriented with excellent oral and written communication skills
Ability to manage multiple initiatives and competing priorities
Financial modeling skill using Microsoft Excel for pricing and promotions strategies
Knowledge of Hyperion Essbase, Oracle ERP Sales and TM modules
Bilingual (Korean, English) is required
LG Electronics, USA Inc.; LG Mobilecomm USA, Inc., LG Mobile Research USA LLC, and Zenith Electronics LLC provides 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. Further, the Company takes affirmative action to ensure that applicants are employed and employees are treated during employment without regard to any of these characteristics.