Sr. Pricing & Revenue Strategy Manager

Date: Apr 15, 2024

Location: Irvine, California, US, 92606

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

In coordination with Product Planning, Sales, Marketing, Finance and Kia HQ, develop, present, negotiate and execute pricing and revenue strategies, concepts, proposals, and recommendations for current and future products, which achieve volume/mix targets, and optimize KUS revenue/profitability while accounting for competitive actions, market trends, and company capabilities.  Develop analysis to identify opportunities to optimize new vehicle pricing, profitability and market penetration.  Supervise development and maintenance of feature value table, competitive value trends and competitive product actions.  Lead new vehicle revenue management strategy that achieves KUS and Kia HQ targets.   Manage system that ensures product content is built and priced accurately.  

Major Responsibilities

1st Priority - 30%

Develop and present pricing strategies for current and future models.  Analyze product feature value, margins, revenue, competitive pricing, value trends, volume, and residual targets that best balance internal strategies with external factors.  Price planning to begin at concept stage and continue throughout development with regular checks of value added, margin and volume potential.

2nd Priority - 20%

Develop and present short and mid-term profit targets with cost/FOB recommendations to support KUS and dealer margins.  Ensure pricing accurately accounts for content cost and value. Support negotiations among Kia NA, Kia HQ and KUS with price structure and profit expertise, and recommendations for optimal positioning.  

3rd Priority - 20%

Manage the system that verifies KUS model, trim and option package content, pricing and cost match factory build data to confirm that inputs into the KUS SAP system are aligned with those of Kia HQ, KaGA, and KMX at the OCN level.

4th Priority - 10%

Supervise PIO pricing including competitive value analysis, KUS/dealer margins, and market penetration.

5th Priority - 10%

Supervise value analysis – Manage tracking model report updated monthly and value analysis required with each model pricing action.  Lead periodic update of feature value table and related coordination with Kia HQ counterparts. 

6th Priority - 10%

Supervise accurate and timely execution of vehicle pricing proposals and distribution of pricing information to both internal and external customers.

Education/Certification

  • Bachelor’s degree required.
  • Advanced degree preferred.
     

Overall Experience

  • 8+ years of experience in automotive, product planning, pricing, marketing, finance, or related field

Directly Related Experience

  • Strong analytical skills
  • Expert spreadsheet analysis
  • Distillation of detailed data into executive summary reports 
  • Expert negotiation and presentation 
  • Pricing/Financial analysis background
  • Automotive basic background
     

Skills

Advanced Excel skills
Creative problem solving
Excellent teamwork skills.
Knowledge of MS Access, PowerPoint, Mtab, JD Power PIN, JATO, AutoPlanner beneficial
Precise analytical/mathematical skills critical
Strong verbal and written communication, presentation, interpersonal, and writing skills is required.

Competencies

CHALLENGE - Solving Complex Problems
COLLABORATION - Building and Supporting Teams
CUSTOMER - Serving Customers
GLOBALITY - Showing Community and Social Responsibility
PEOPLE - Interacting with People at Different Levels

Pay Range

$114,529 - $165,084 

Pay will be based on several variables that are unique to each candidate, including but not limited to, job-related skills, experience, relevant education or training, etc.

 

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

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