Key Account Manager

Key Account Manager

Guildford Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage key accounts, develop promotional plans, and forecast sales.
  • Company: Join LG, a global leader in innovative home solutions and technology.
  • Benefits: Enjoy competitive salary, private healthcare, 25 days annual leave, and staff discounts.
  • Why this job: Be part of a dynamic team that values creativity, collaboration, and personal growth.
  • Qualifications: Degree preferred; proven sales experience and commercial acumen required.
  • Other info: Flexible working hours and a supportive environment for career development.

The predicted salary is between 36000 - 60000 ÂŁ per year.

At LG, we deliver products and services that make lives better, easier and happier through increased functionality and fun. We offer the latest innovations to make “Life Good” – from home appliances, consumer electronics and mobile communications to business innovations in digital signage, air conditioning, solar and LED lighting. As a global leader, we strive for greatness in product leadership, market leadership and people leadership to realise our growth strategies.

We strongly believe that our people’s competitive spirit, proactive leadership, and expertise helps drive the company forward. As such, LG is the right place for you if:

  • You are a smart cookie. You like to dig into the data and find creative solutions.
  • You are motivated and driven. You thrive on a challenge and want to be No. 1.
  • You are a people person. You like helping people out and you want to understand where they’re coming from.
  • You’re honest and you will speak up (politely of course), but you do it because you care and because it’s the right thing to do.

This is a fantastic opportunity to join our Home Solutions (HS) Sales Team as Key Account Manager. As a Key Account Manager you will be responsible for managing a dedicated channel group of partners providing and building promotional business plans, providing accurate forecasting of sales; planning account activities including effective product displays, agreeing merchandising and in-store training and negotiating range pricing and promo opportunities. In addition, you will develop effective relationships with all relevant functions both with your customer and with internal teams.

Role & Responsibilities

  • Identify opportunities for LG to develop revenue streams through the Independent, Buying Groups and Hybrid Online retailer channel.
  • Formulate and agree Joint Business Plan for all customers aligned to Sales Targets and KPIs.
  • Formulate and agree product and promotional business plans for all customers aligned to internal targets and KPIs – this will then need to be agreed with the customer and monitored/reported on a regular basis.
  • Plan account activities including effective product displays, services, promotional plans, store merchandising, staff training programmes and sales incentives.
  • Develop effective customer contacts with all relevant functions - commercial, buying, supply chain, store support and operations.
  • Negotiate range pricing and promotional opportunities within the account – record and implement according to company guidelines.
  • Monitor the customer through accurate forecasting, sales in and sales out information, budgetary control and general cost management – these need to be recorded and kept up to date.
  • Work with Demand Planning and Sales Admin to ensure the timely and smooth running of all customer deliveries.
  • Ensure sales forecasts and sales targets are achieved.
  • Effectively share Weekly market intelligence on own customer base and competitor activity.
  • Maintain accurate and up to date records and report all aspects of business to Channel Head/Sales Director and other relevant Departments.

Skills, Education & Experience

  • Educated to degree level desirable.
  • Proven track record of Sales Experience.
  • Proven track record of success required.
  • Proven commercial acumen and ability to achieve commercial objectives.
  • Experience of working within a performance management environment – KPIs and Service Level Agreements.
  • Able to be flexible and develop quality, customer-focussed targets and service.
  • Highly focused and capable of sustaining a fast pace in a dynamic environment.
  • A self-starter, able to work with little or no supervision and direction.
  • Complete finisher - able to be resilient to drive issues through to a successful customer focused solution.
  • Good judgement - able to make practical and realistic decisions within scope of responsibility.
  • Able to solve business and customer related issues.
  • Be equally comfortable generating operational ideas and solutions and delivering and implementing action plans.

Working Hours

37.5 hours per week; however, flexibility required in order to fulfil role and responsibilities.

Salary Range

Competitive.

Benefits

  • Pension.
  • Private Healthcare for Employee & Family.
  • 25 Days’ Annual Leave (+ Public Holidays).
  • Staff Discount.
  • Subsidised Cafeteria.

Equal Ops Statement

LG Electronics U.K. Ltd is an equal opportunities employer. We welcome applications from all suitable persons regardless of race, sex, disability, religion/belief, sexual orientation or age.

Right to Work

Please note: to be considered for this role, applicants must already possess the right to work legally in the United Kingdom.

Key Account Manager employer: LG Electronics UK

At LG, we pride ourselves on being an exceptional employer, offering a vibrant work culture that fosters innovation and collaboration. As a Key Account Manager in our Home Solutions Sales Team, you will benefit from competitive salaries, comprehensive private healthcare for you and your family, and generous annual leave, all while working in a dynamic environment that encourages personal and professional growth. Join us in our commitment to making life good, where your contributions are valued and your career aspirations can flourish.
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Contact Detail:

LG Electronics UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Key Account Manager

✨Tip Number 1

Familiarise yourself with LG's product range and recent innovations. Understanding the specifics of their home appliances and consumer electronics will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the company.

✨Tip Number 2

Network with current or former employees of LG, especially those in sales roles. They can provide valuable insights into the company culture and expectations for a Key Account Manager, which can help you tailor your approach.

✨Tip Number 3

Prepare to discuss your experience with KPIs and performance management. Since this role requires a strong focus on achieving sales targets, be ready to share specific examples of how you've successfully met or exceeded goals in previous positions.

✨Tip Number 4

Showcase your problem-solving skills by preparing case studies or scenarios where you've effectively resolved customer issues or improved sales processes. This will highlight your ability to think critically and act decisively, which is crucial for a Key Account Manager.

We think you need these skills to ace Key Account Manager

Sales Experience
Commercial Acumen
Negotiation Skills
Account Management
Forecasting and Budgeting
Customer Relationship Management
Analytical Skills
Problem-Solving Skills
Project Management
Communication Skills
Flexibility and Adaptability
Performance Management
Team Collaboration
Attention to Detail
Self-Motivation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant sales experience and achievements. Use metrics to demonstrate your success in previous roles, especially in managing accounts or driving revenue growth.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Key Account Manager role at LG. Mention specific aspects of the job description that resonate with you and explain how your skills align with their needs.

Showcase Your People Skills: Since the role requires strong interpersonal skills, provide examples in your application of how you've successfully built relationships with clients or colleagues. Highlight your ability to negotiate and collaborate effectively.

Demonstrate Data-Driven Decision Making: Emphasise your analytical skills by discussing how you've used data to inform your sales strategies or account management decisions. This aligns well with LG's focus on data-driven solutions.

How to prepare for a job interview at LG Electronics UK

✨Show Your Data Skills

As a Key Account Manager, you'll need to dig into data and find creative solutions. Be prepared to discuss your experience with data analysis and how you've used it to drive sales or improve customer relationships in the past.

✨Demonstrate Your People Skills

This role requires you to be a people person. During the interview, share examples of how you've built strong relationships with clients or colleagues, and how you've navigated challenging conversations while maintaining professionalism.

✨Prepare for Negotiation Scenarios

Negotiating range pricing and promotional opportunities is key in this position. Think of past experiences where you've successfully negotiated terms and be ready to role-play a negotiation scenario during the interview.

✨Understand LG's Products and Market

Familiarise yourself with LG's product offerings and market position. Being able to discuss how you can contribute to their growth strategies will show your genuine interest in the company and the role.

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