Account Manager I

Driving better future mobility

VS (Vehicle component Solutions) Company (https://www.lg.com/global/mobility) of LG Electronics focuses on commercializing environmentally responsible automotive components and core solutions based on LG’s proprietary technologies. A leading provider of core components for global car manufacturers, VS Company is supporting the emerging trend of the vehicle industry.

Account Manager I

Responsibilities:

Account Management

• Customer setup and identify requirements to meet their production expectations
• Understand what is needed from time of sourcing to mass production to ensure on-time safe launch
• Commercial negotiations 
• Annual cost reduction negotiations
• Understanding the breakdowns of quotes
• Submit quotes in customer format & expectations
• Tooling Requirements & Invoicing
• ED&T Invoicing & Payment Follow Up
• Supplier Portal Management Admin
• Contact / General Terms & Conditions (GT&C) review & understanding
• Understand the packaging process and customer requirements (including labels)
• Update and maintain a master price file
• Main point of contact between customers and HQ
• Manage engineering changes (timing & cost)
• Create monthly and yearly forecasts to support internal targets for profitability
• Understand customer revenue variances and be able to clearly explain revenue to management (monthly, quarterly, annually)

Finance/Accounting 

• Understand Account Receivable process
• Compile and submit all monthly statements to Customer/Client
• Track all tooling and ED&T payments   
• Process approval for all Credit & Debit requests
• Manage Account Accruals to accurately communicate revenue
• Experienced and results-oriented
• Participate in meetings with the OEM, suppliers or other organizations necessary and report to Sales Manager
• Communicate and coordinate commercial work between OEM, Suppliers, and HQ in Korea
• Other duties as assigned

• Bachelor’s degree
• 4+ years of automotive experience
• Experienced in Microsoft Office applications (Excel, PowerPoint, Outlook, Teams)
• Excellent written and verbal skills: In-person and virtual meetings via phone and e-mail/messaging/video conference tools (e.g. Outlook, Teams, Webex, text messaging)
• Problem-solving skills necessary to lead discussions with internal/external stakeholders (e.g., customers, HQ) and develop successful resolutions of complex issues
• Ability to think outside the box, identify opportunities for continuous improvement, and manage competing priorities/multitask when necessary
• Demonstrated clear/concise written communication skills to compile reports, respond to inquiries/requests, and explain processes/procedures
• Flexibility to work early/late hours for business meetings
• Travel: up to 5% domestic (e.g. warehouse, customer, and regional office locations throughout U.S.) and international (e.g. N. America (outside the U.S.), Asia, Europe
• Physical Requirements: Ability to lift and carry boxes weighing between 10–20 lbs.

• Knowledge of automotive electronics

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