Schedule:
Monday - Friday 8am- 5pm |Schedule may vary based on business needs. Additional compensation opportunities may be available.
Benefits:
LG Energy Solution offers a competitive total rewards package, including 100% employer-paid medical, dental, and vision coverage for eligible employees, paid time off, a 401(k) with company match, and additional voluntary benefits. Benefit eligibility and plan details are subject to the applicable benefit plans.
LG Energy Solution Michigan, Inc. is a global leader in advanced lithium-ion battery technology, delivering innovative battery solutions for electric vehicles (EVs) and Energy Storage Systems (ESS). With expanding operations across the United States, we are committed to innovation, quality, safety, and sustainability while powering the future of clean energy. Join our team and help shape the next generation of advanced battery technology.
www.lgenergymi.com
Position Summary:
The Manager, Business Planning is responsible for driving strategic business planning and supporting key management decisions across the organization. This position leads company-wide and cross-functional initiatives related to business strategy, operational performance, new business opportunities, and major projects within the battery industry.
The role also leads strategic initiatives related to U.S. Inflation Reduction Act (IRA) tax credits, including Section 45X Advanced Manufacturing Production Credits, overseeing credit strategy, eligibility assessment, compliance, monetization, and coordination with internal and external stakeholders.
- Lead annual and mid- to long-term business planning activities aligned with the company's strategic objectives and operational priorities.
- Analyze overall business and operational performance and identify key issues, risks, trends, and opportunities requiring management attention.
- Develop business scenarios, forecasts, and strategic analyses to support executive management decision-making and long-term business direction.
- Prepare and coordinate key management reports, business reviews, and executive-level presentations regarding business performance, strategic priorities, and major initiatives.
- Lead and coordinate strategic and project-based initiatives within the battery industry, including new business opportunities, production expansion, customer-related projects, supply chain strategies, investment projects, and regulatory initiatives.
- Serve as a cross-functional coordinator for major business initiatives involving Production, Purchasing, Sales, Finance, Accounting, Tax, Legal, Supply Chain, and other relevant functions.
- Evaluate the business, operational, and financial implications of key strategic initiatives and provide recommendations to management.
- Support feasibility assessments and strategic evaluations for new investments, business expansion, partnerships, and other major corporate initiatives.
- Lead the company's U.S. Inflation Reduction Act (IRA) tax credit strategy and implementation, including Section 45X Advanced Manufacturing Production Credits.
- Lead and coordinate the end-to-end IRA tax credit process, including eligibility assessment, credit calculations, supporting documentation, registration, reporting, due diligence, and credit transfer or monetization activities in partnership with Tax, Finance, Legal, and external advisors.
- Develop strategies to maximize applicable IRA tax credit benefits while maintaining compliance with U.S. tax laws, regulatory requirements, and company policies.
- Develop and maintain management reporting, forecasts, and tracking mechanisms for IRA tax credit generation, utilization, monetization, risks, and financial impact.
- Monitor legislative and regulatory developments related to IRA tax credits and evaluate potential strategic, operational, supply chain, and financial impacts on the company.
- Identify and elevate changes in business operations, production supply chain, or regulatory requirements that may impact IRA tax credit eligibility or financial benefits.
- Coordinate with internal stakeholders, Corporate Headquarters, external tax advisors, auditors, legal counsel, and other professional service providers regarding IRA tax credit matters.
- Establish and maintain appropriate processes, documentation, and internal controls to support the accuracy, compliance, and audit readiness of IRA tax credit claims.
- Manage multiple strategic projects simultaneously, monitor project progress, deliverables, risks, and key milestones, and communicate significant issues and recommendations to management.
- Support ad-hoc strategic analyses and special projects requested by executive management.
- Maintain cleanliness at work-site in accordance with 5S3R Standards:
- Sort, Set in Order, Shine, Standardize, Sustain
- Right Location, Right Quantity, Right Container
- Perform other duties as assigned.
Leadership Responsibilities
- Lead by example by demonstrating LG Energy Solution's Core Values, policies, and standards in all actions and decisions.
- Foster a safe, respectful, and inclusive work environment while holding team members accountable for safety, quality, attendance, performance, and workplace expectations.
- Develop, coach, and mentor team members through regular feedback, performance management, recognition, and professional development.
- Communicate business objectives,