POSITION SUMMARY :
The Senior Product Manager role is responsible for managing the commercial performance of tekmar branded and OEM products through its lifecycle.
Key responsibilities include curation of the portfolio strategy, new product development & commercialization, and financial performance.
The Sr. product manager is also responsible for the development of Intercompany products in support of the Smart & Connected strategy of Watts Water Technologies.
Product Manager roles within Watts are viewed as development roles for general management tracks.
PRINCIPAL RESPONSIBILITIES AND DUTIES :
Accountable for the development and execution of the tekmar branded and OEM product portfolio strategy, including value proposition, value delivery model, product roadmaps and product lifecycle (new product development through obsolescence)
Accountable for maximizing performance of product line(s) as measured via orders / sales growth, profitability and cash-flow generation
Responsible for adherence to product line base cost targets to ensure fit with overall global plan while ensuring investments in technology, marketing, etc.
are adequate to accomplish product line goals
Accountable for ensuring products developed follow standard unified guidelines across Watts business units and creates synergies within other business unit platform
Accountable for the development and execution of New Product Development launch NPD plans, including but not limited to coordination of internal and external resources, investment budgets, marketing campaigns / content, and sales plans
Responsible for major reviews including Business Plans, Strategy Plan, Annual Operating Plan, and other periodic estimates that are required by the business.
Inputs will include financial projections (orders, sales and profitability by product line) and specific commitments for growth from commercial programs and new product development launches
Works with sales and marketing team to develop / improve product line go-to-market strategy and ensure sufficient and effective sales resource and channel partner strategy / management
Understands market need, trends and competitor intelligence for the given Product Line(s). Design, develop, track, and update competitive intelligence and market penetration database
Focal point for global intelligence / expertise on competition, standards and policy position
Creates and / or supports the creation of training materials and lead training sessions to educate customers and Watts sales personnel on product technical features and benefits Travel is required to support training activities
EMPLOYEE CORE COMPETENCIES :
We are committed to attracting and managing the best talent globally. We seek to attract and promote employees who demonstrate an ability and willingness to :
Collaborate Across Workgroups
Deliver High Quality Work
Drive for Results
Initiate Positive Change
Focus on the Customer
Provide technical expertise
EDUCATION, EXPERIENCE AND REQUIRED SKILLS :
Bachelor’s Degree in engineering (Mechanical preferred) and / or Marketing degree with strong technical understanding mainly in HVAC applications for over 3+ years
MBA is preferred
MANAGEMENT / SUPERVISON :
Required to manage multiple direct reports ranging from Product Specialists to other Product Managers
Ensure company policies are followed
Enforce company safety policies
REQUIRED QUALIFICATIONS, SKILLS & EXPERIENCE :
5+ years of related Product Management experience ideally within target markets relating to the specific product line (HVAC) with proven successful track record
Proven success in developing and implementing both strategic and financial business plans
3+ years with proven leadership ability to lead virtual teams and work across a Global matrix organization
Strong influencing skills; Ability to Inspire, influence, mentor / coach and build a high-performance cross-functional team in a matrix organization
Excellent written and verbal communication skills; ability to effectively discuss both commercial and technical aspects of a project to all stakeholders, including executive level communication
Outstanding interpersonal skills with an emphasis on building strong team relationships
Strong process development / deployment skills within an organization.
Proactive, creative work style and a self-starter
Excellent computer skills required; advanced level in MS Office, Visio, Adobe Acrobat
Solid organizational skills including attention to details and multitasking skills
Strategic thinker and visionary with a passion for new technologies.
Customer-centric; must be able to understand how customers value the product features and able to perform Voice of customer.
Excellent project management skills and ability to lead a team with multiple cross platforms
Position is required to be physically in Vernon, BC Canada.
DESIRED SKILLS AND EXPERIENCE :
Understanding of IoT-connected systems and comfortable with new emerging technologies
Understanding of electronics and high-tech manufacturing processes
Relevant technical experience in Residential or Commercial HVAC systems with a focus on Automation and Control Systems
Sales Channel Management experience is a plus
Leading New Product Development programs within a structured multi-disciplinary process such as Stage Gate
PHYSICAL REQUIREMENTS AND WORKING ENVIRONMENT :
Ability to travel into the United States and in Europe (up to 30%)
Position - located in Vernon, British Columbia, Canada
Must have a valid BC Driver’s License
Works in an office / laboratory environment and in a manufacturing setting
Ability to move throughout the manufacturing and office areas
Alternate between sitting, standing, lifting of items and moving with in work area.
Must be able to manipulate equipment used in performance of tasks
May occasionally be required to perform job duties outside the typical office setting.
EMPLOYEE CORE COMPETENCIES :
1. Collaborate Across Workgroup
2. Initiate Positive Change
3. Deliver High Quality Results
4. Focus on the Customer
5. Develops Self & Others