Senior Pricing & Promotions Manager (Media Entertainment Solutions)

LG Electronics; Englewood Cliffs (NJ); On-site; USD 140,000 - 180,000; Full time

Benefits offered by this job

Medical insurance

401(k) with match

Paid time off

Short-term incentives

Mental health resources

Parental leave

Job summary

LG Electronics in Englewood Cliffs, NJ is seeking a Senior Pricing & Promotions Manager for Media Entertainment Solutions to lead pricing strategies and promotional plan initiatives across key channels. You will work with Sales, Product Management, Sales Finance, Supply Chain, and retailers to optimize revenue, market share, and profitability.

The ideal candidate has a Bachelor's degree and 10+ years in consumer electronics, strong analytical and financial modeling skills, advanced Excel, and

Qualifications

• Bachelor's degree required.
• 10+ years consumer electronics industry experience preferred.
• Strong analytical and financial modeling skills.
• Experience with pricing, promotions, and budget management.
• Advanced Excel and data analysis capabilities.
• Excellent communication, presentation, and negotiation skills.
• Ability to manage multiple projects with strong attention to detail.
• Proven ability to work cross-functionally and influence decision-making.

Responsibilities

• Plan long-term promotional roadmaps considering supply availability, channel inventory levels, competitive activities, and financial objectives.
• Review promotional requests and provide recommendations that support profitability.
• 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 program, including review and approval of funding requests and management of budgets.
• Perform promotional cost analysis, forecasting, and profitability simulations.
• Communicate roadmap updates, price sheets, and sales communications weekly/monthly.

Skills

Pricing strategy

Promotions

Budget management

Analytical skills

Financial modeling

Excel

Communication

Negotiation

Education

Bachelor's degree

Job description

Senior Pricing & Promotions Manager (Media Entertainment Solutions)

Englewood Cliffs, NJ

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.

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

$140,000 - $180,000 USD

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 investmentoptions.
• 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.

Applicants who need assistance or a reasonable accommodation during the hiring process may contact our team by phone at: 973-477-7090 or [e-mail]. This email and phone number will only reply to accommodation requests and is not intended for general employment inquiries.

All qualified applicants will be considered for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.

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.

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in LG Electronics’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.