Business Planning Analyst

LG • Buffalo Grove, IL, United States • $200k - $250k / year • 1w ago

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 & Air Solution, Home Entertainment, Vehicle Components Solutions, and Business 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.

What we can offer:

A crafted employee experience designed to foster professional growth, a focus on health & well-being and an internal community that will set you up for success.

The Opportunity:

We are currently seeking a Business Planning Analyst to join our dynamic team in Buffalo Grove, IL as part of our Home Appliance R&D Team!

The Business Planning Analyst is primarily responsible for coordination of overall business planning including financial and operational management area. In addition, this role works closely with NJ accounting/planning department and facilitates the budget/expense process.

As the job title, you will:

Accounting:
1. Prepare financial reports (Monthly, Quarterly, Annual) and coordinate with the accounting team.
2. Analyze and monitor all financial and budget-related items to track and manage all expenses within the budget plan.
3. Create daily expense vouchers and serve as a first approver for all invoices for HA R&D Lab.
4. Report variance and trend analysis of financial results versus forecast and target using general ledgers.
5. Collect budgets and reports for annual business planning and budgeting and communicate with respective teams in the US and HQ.
Planning and Facility Operation:
1. Support HA R&D Lab in administrative matters and coordinate department workshops, events, etc.
2. Updating/creating internal policies, guidelines, and procedures for activities for HA R&D Lab.
3. Other duties as assigned.
Inventory Management:
1. Tracking all inventories in/out status including approval process.
2. Monitor the proper level of inventory retention.
3. Conduct all destruction-related processes.

Qualifications:

Prefer to have knowledge of financial planning & analysis concepts.
Proactive and confident with excellent interpersonal skills.
Advanced proficiency using MS Office programs (PowerPoint, Excel, Word, Outlook).

At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics.

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 skill set, 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.

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