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Pricing & Residual Value Specialist

Date: Nov 16, 2021

Location: Irvine, California, US, 92612

Company: Kia America, Inc.

At Kia, we’re creating award-winning products and redefining what value means in the automotive industry. It takes a special group of individuals to do what we do, and we do it together. Our culture is fast-paced, collaborative, and innovative. Our people thrive on thinking differently and challenging the status quo. We are creating something special here, a culture of learning and opportunity, where you can help Kia achieve big things and most importantly, feel passionate and connected to your work every day.

Kia provides team members with competitive benefits including premium paid medical, dental and vision coverage for you and your dependents, 401(k) plan matching of 100% up to 6% of the salary deferral, and time off starting at 14 days per year. Kia also offers company lease and purchase programs, company-wide holiday shutdown, paid volunteer hours, and premium lifestyle amenities at our corporate campus in Irvine, California.

Status

Exempt

Summary

Under the direction of the Senior Manager, Pricing Strategy and Residual Management, and in coordination with the product managers, this role is responsible for assisting with setting the pricing strategy for future Kia products.  This entails rigorous analysis of Kia’s performance in the context of industry trends to develop competitive MSRP positioning of future Kia models while balancing profitability and volume requirements.

 

This role will also support residual value functions within Kia America (KUS), reporting on Kia’s residual value performance, supporting consulting projects with vendors, and analyzing residual impact of product packaging/pricing scenarios.
 

Major Responsibilities

Priority

Major Responsibility %
1st Support development of MSRP positioning proposals for future Kia products 30%
2nd Report on residual value performance and perform ad hoc analysis of residual impact of product packaging/pricing scenarios 30%
3rd Track and analyze price/value competitiveness of all future Kia products throughout development 20%
4th Support consulting projects with residual value organizations 20%

 

Education/Certification

  • Bachelor degree or equivalent work experience required

Overall Experience

  • 3+ years’ experience in automotive pricing, product planning, marketing research, engineering or related field required

Directly Related Experience

  • Automotive enthusiast with pricing or planning experience preferred
  • Analysis of large quantities of complex data
  • Industry, consumer and technical analysis
  • Development of presentation materials

 

Other Requirements:

  • Occasional travel may be required domestically and/or internationally.
  • May need to work additional hours outside of normal business hours as required by the job, including weekends or holidays.
  • Perform other duties as assigned.

Skills

Understanding of higher-level mathematical concepts critical
Ability to perform/understand statistical analysis preferred
Advanced Excel and PowerPoint skills
Familiarity with IHS, JATO, JDP PIN, Polk, mTab beneficial
Program coordination experience
Excellent communication and presentation skills required (written and oral).
Ability to multi-task, juggle competing demands, prioritize and work with other team members at all levels within the company.

Competencies

Adapting to Change
CHALLENGE - Solving Complex Problems
Championing Customer Needs
COLLABORATION - Building and Supporting Teams
Communicating Effectively
CUSTOMER - Serving Customers
Delivering High Quality Work
Entrepreneurial Thinking
GLOBALITY - Showing Community and Social Responsibility
Managing Resources
PEOPLE - Interacting with People at Different Levels

 

Equal Employment Opportunities

KUS provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex, including pregnancy and childbirth and related medical conditions, gender, gender identity, gender expression, age, legally protected physical disability or mental disability, legally protected medical condition, marital status, sexual orientation, family care or medical leave status, protected veteran or military status, genetic information or any other characteristic protected by applicable law.  KUS complies with applicable law governing non-discrimination in employment in every location in which KUS has offices.  The KUS EEO policy applies to all areas of employment, including recruitment, hiring, training, promotion, compensation, benefits, discipline, termination and all other privileges, terms and conditions of employment.

 

Disclaimer:  The above information on this job description has been designed to indicate the general nature and level of work performed by employees within this classification and for this position.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.


Nearest Major Market: Irvine California
Nearest Secondary Market: Los Angeles

Job Segment: Pricing, Engineer, Consulting, Statistics, Operations, Engineering, Technology, Automotive, Data