Senior Manager Business Planning (Korean Bilingual)

HIGHLIGHTSHybridFull-TimeBusiness Planning LOCATIONTroy MIStep 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 Lifes 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.LG Magna e-Powertrain USA Inc. is a newly established US subsidiary headquartered in South Korea formed through a joint venture by LG Electronics Vehicle Solution and Magna International created to bring new synergies based on LGs electric vehicle component capabilities and Magnas experience in the traditional automotive industry. Located in Southeast Michigan LG Magna USA provides engineering sales and quality solutions for developing various electric vehicle products such as drive motors power conversion devices and related integrated systems.LG Magna USA as part of the global LG Magna team strives to become the global No.1 e-Mobility solution partner by providing the highest value technologies and products securing profitable growth together with customers and contributing to a sustainable society.Our team takes pride in driving progress by developing innovative solutions for electric vehicle industry customers. Powered by a culture of passion teamwork customer focus initiative and creativity we are pushing the boundaries every day. With the philosophy that people are the source of corporate competitiveness we are committed to actively seeking out top talent and investing in career growth and development to retain exceptional people.We invite people to join our mission to create innovative solutions leading the trend in creating an eco-friendly clean future through the electric vehicle industry to drive a better life.Overall ResponsibilitiesThis Senior Manager of Business Planning role leads business planning forecasting budgeting cash flow management risk analysis and executive reporting to support strategic and operational decisions. The position is part of the leadership team and will analyze market intelligence financial operational and workforce data to develop accurate financial models and performance insights to strengthen reporting processes and communicate business results. The role will be integral in communicating the business outlook to local management and our Korean headquarters and the parent company.Major Tasks Listed BelowProvide market and business intelligence on automotive and EV industry trends OEM customer outlooks competitive developments and other relevant market dynamics to support strategic decision-making.Analyze customer programs vehicle and production volumes pricing profitability and other key business drivers within an automotive or B2B manufacturing environment.Incorporate market customer competitive and industry insights into mid- and long-term business planning forecasting and strategic growth initiatives.Assess business opportunities risks and sensitivities through scenario analysis to inform investment decisions resource allocation and mitigation strategies.Develop and maintain short- medium- and long-term business plans budgets forecasts cash flow plans and risk outlooks.Analyze and forecast financial economic operational and workforce data to provide timely data-driven insights for strategic and operational decision-making and business scenario planning.Lead complex financial analyses and business plan evaluations providing management with recommendations that support company objectives and performance improvement.Serve as a cross-functional business partner bringing a customer and commercial perspective to align Sales Engineering Purchasing Operations and Finance on business priorities and execution.Prepare and deliver comprehensive management reports and presentations on business operations financial performance forecasts and outlooks in English and Korean.Develop and implement improved processes procedures and methods for financial analysis reporting performance tracking and presentations monitor their effectiveness and support KPI and organizational development.Monitor revenue expenditures and financial performance maintain accurate records of assets liabilities and other transactions including deferred revenue in accordance with the companys revenue recognition policy.QualificationsBachelors degree in finance Accounting Business Administration Economics or a related field.Minimum of eight years of professional finance experience.Fluency in English and Korean conversational or higher level of expertise is desirable to interpret the law and regulation in both US and Korea.Demonstrated ability to provide market and business intelligence and translate customer competitive and industry insights into strategic business plans forecasts and growth initiatives.Strong understanding of B2B manufacturing business drivers including customer programs pricing profitability volume revenue cost structure and operational performance.Advanced skills in mid- and long-term business planning forecasting opportunity assessment risk analysis and scenario modeling built on the analysis financial and business data.Ability to evaluate business plans investment opportunities resource requirements sensitivities and risks and develop clear recommendations for management decision-making.Knowledge of budgeting cash flow planning financial performance tracking revenue recognition principles and the maintenance of accurate financial records.Strong analytical and problem-solving skills with the ability to interpret complex data identify trends and key business drivers and convert findings into actionable insights.Advanced proficiency in financial modeling forecasting data analysis and reporting tools including Excel spreadsheet and PowerPoint presentation software.Ability to develop and improve processes procedures performance measures reporting methods and analytical approaches to support KPI improvement and organizational development.Demonstrated ability to lead cross-functional initiatives and collaborate effectively with Sales Engineering Purchasing Operations Finance Korean headquarters.Preferred QualificationsMaster of Business Administration or a relevant professional credential such as Project Management Professional Certified Public Accountant Chartered Financial Analyst or another recognized finance certification.Working knowledge of International Financial Reporting Standards and U.S. Generally Accepted Accounting Principles.Experience with business intelligence or enterprise planning systems such as SAP.Strong knowledge of the automotive industry including OEM customers vehicle programs production volumes market trends competitive dynamics and relevant industry developments.Strong customer and commercial orientation with the ability to understand business priorities and align stakeholders around strategic objectives and execution.Applicants must be currently authorized to work in the United States on a full-time basis.The employer will not sponsor applicants for a work visa.Benefits Offered Full-Time EmployeesNo-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 401k 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 TemporaryContractors Eligible for the relevant benefit programs offered through our partner agencies.Privacy Notice to California ApplicantsApplicants who need assistance or a reasonable accommodation during the hiring process may contact our team by phone at 973-477-7090 orsupportlg4me.freshdesk.com. 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.