Strategic Pricing & Promotions Leader

LG Electronics, Inc.

Englewood Cliffs (NJ)

On-site

USD 140,000 - 180,000

Full time

18 hours ago
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Benefits offered by this job

No-cost employee premiums for you and 
401(k) Retirement Savings Plan
Generous Paid Time Off
Performance based incentives
Mental health resources
Parental leave support

Job summary

LG Electronics, Inc. is seeking a senior pricing and promotions lead to develop and execute category pricing strategies across retail, e-commerce, club, and distribution channels.

You will drive pricing decisions through financial modeling and cross-functional collaboration with Sales, Product Management, Supply Chain, and Finance. This role requires a bachelor’s degree and 10+ years in consumer electronics pricing, with strong Excel and data analysis skills.

Qualifications

  • Bachelor's degree is required.
  • 10+ years advanced experience in consumer electronics industry 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.

Responsibilities

  • Plan and manage long-term promotional roadmaps considering 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.

Skills

Pricing strategy
Financial modeling
Excel
Data analysis
Negotiation
Cross-functional collaboration
Presentation

Education

Bachelor's degree

Tools

Excel

Job description

LG Electronics, Inc. is seeking a senior pricing and promotions lead to develop and execute category pricing strategies across retail, e-commerce, club, and distribution channels.

You will drive pricing decisions through financial modeling and cross-functional collaboration with Sales, Product Management, Supply Chain, and Finance. This role requires a bachelor’s degree and 10+ years in consumer electronics pricing, with strong Excel and data analysis skills.

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