Zenith Electronics, LLC Hiring for Director, Finance & New Business Development (LG NOVA) Job at Santa Clara, CA Full Time

Company Background
At LG we make products and services that make lives better, easier, and happier through increased functionality and fun. Put simply, we offer the latest innovations to make “Life Good” – from home appliances, consumer electronics, vehicle components, 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 realize our growth strategies.

We offer an environment that enables colleagues to demonstrate their capabilities, focus on their work, and create value. At LG, you’re encouraged to take a creative and individual approach to challenges with strong emphasis placed on performance and skill—and equal, merit-based opportunities across the board. We want our colleagues to grow with our global business. That’s why we deliver sure rewards for exceptional performance and offer industry-leading benefits including 100% company paid premium medical, dental, and vision benefits, an employer matching 401K, eleven paid holidays per year, and paid-time off; Come join the team!

LG Electronics North America Innovation Center (“LG NOVA”)
LG Electronics recently established North America Innovation Center (“LG NOVA”) in Santa Clara, California, USA., with an ambitious vision to become the nerve center of global innovation. Aiming to create the future of LG with the focus on disruptive and exponential growth, LG NOVA works with global corporations, startups, governments, and technology stakeholders to create new businesses, establish strategic partnerships, and develop a broad ecosystem using the process of “outside-in” innovation.

As Director of Finance and New Business Development, you will serve as strategic partner to the NOVA Incubation lead and broader leadership team, be an active contributor to the development of business strategy, and play a leading role in the creation of business model development for strategic partnerships and relationships with NOVA partners, financial forecasts, and operating performance measures. You will directly oversee financial activities for LG NOVA new businesses, including management reporting, creating projections, and financial planning, reporting and budgeting processes.

Job Responsibilities

• Work closely with the LG NOVA team, including entrepreneurs-in-residence and Incubation lead, to deeply understand our business goals and the potential collaborations with startups.
• Contribute to the creation of business opportunity development and collaborations with LG NOVA startup partners.
• Deliver financial models and supporting analysis for business opportunities with LG NOVA potential partners.
• Create P&L financial projections for LG NOVA new businesses, including headcount planning.
• Partner with LG NOVA engineering and product teams to ensure that technical development costs are accurate and cost synergies are utilized when possible.
• Support due diligence of LG NOVA investment opportunities prior to investments.
• Partner with new business leads within the organization to manage financials across NOVA new business ventures.
• Report up to date financial progress across NOVA new businesses as well as escalates challenges to key stakeholders.
• Oversee the preparation and delivery of financial reports and projections to the SVP of Innovation and other key stakeholders
• Lead the financial evaluation and due diligence of potential growth and investment opportunities.
• Lead the development and implementation of short- and long-term fiscal planning and budgets, with a focus on the overall financial success of the organization
• Report, analyze and interpret financial results and trends
• Implement strategies and systems to improve financial performance.

Requirements

• Masters’ degree in Business Administration, Accounting or Finance required and 12+ years’ of experience in financial management.
• Strong financial modeling experience. Very strong strategy and analytical skills.
• Ability to gather and analyze large quantities of information (both primary and secondary research), and turn them into insightful business recommendations.
• Strong problem stating and problem solving expertise, and fluency at turning ambiguous problem spaces into radical solutions. Must be able to break down problems independently, and work through them.
• Proven capability to influence within an organization, align and negotiate with key stakeholders, and have a strong sense of team accountability
• Strong analytical skills, fluency in performing rigorous financial and broad quantitative analyses and familiarity with accounting & key operational metrics
• Active listening skills and ability to dissect problems in an organized manner and competing priorities
• Crisp positive and can-do communication style. Strong interpersonal skills, personable yet persistent.
• Ability to influence without authority, working with technical and cross-functional teams who do not report into this role to get things done.

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LG Electronics, USA Inc.; LG Mobilecomm USA, Inc., LG Mobile Research USA LLC, and Zenith Electronics LLC provides 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. Further, the Company takes affirmative action to ensure that applicants are employed and employees are treated during employment without regard to any of these characteristics.