Sr. Product Manager

Watts Regulator Company; Massachusetts; Hybrid; USD 140,000 - 156,000; Full time

Benefits offered by this job

Medical and dental coverage

Retirement benefits

Family building benefits

Paid holidays and PTO

Professional development reimbursement

Fitness reimbursements

Employee discount programs

Job summary

Watts is seeking a Sr. Product Manager in North Andover, MA to drive the commercial performance of a product portfolio through its lifecycle.

You will shape portfolio strategy, lead new product development and commercialization, and work with cross-functional teams to deliver growth. The role reports to the Director of Product Management, is hybrid, and requires travel for training and external engagements; the successful candidate will have a strong track record in product management, strategic

Qualifications

• 8+ years of Product Management experience with a proven track record.
• Leadership to manage virtual teams across a matrix.
• Strong influencing, presentation, and communication skills.
• Experience with strategic and financial business planning.
• Willingness to travel as required.

Responsibilities

• Develop and execute product portfolio strategy including roadmaps.
• Maximize product line performance via orders, sales, profitability.
• Manage cost targets and investments for tech and marketing.
• Lead NPD launches with internal/external resources and budgets.
• Contribute to business plans and growth commitments.
• Collaborate with sales/marketing on GTM and channel strategy.

Skills

8+ years product management

Leadership to lead virtual teams

Strong influencing skills

Excellent presentation and comunicação

Cross-functional collaboration

Self-starter / proactive

Proven strategic / financial planning

Microsoft Office skills

Education

Bachelor's degree in Engineering/Marketing or related field

MBA is a plus

Job description

SCOPE OF POSITION:

The Sr. Product Manager role is responsible for managing the commercial performance of a given product portfolio through its lifecycle. Key responsibilities include curation of the portfolio strategy, new product development & commercialization and financial performance. This position reports to the Director of Product Management. This position is hybrid and is based in North Andover, MA.

RESPONSIBILITIES AND DUTIES:

• Accountable for the development and execution of 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 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

QUALIFICATIONS:

• Bachelors degree, Engineering/Marketing or related field experience, MBA is a plus


• 8+ years of related Product Management ideally within target markets relating to the specific product line with proven successful track record


• Proven success in developing and implementing both strategic and financial business plans


• Proven leadership ability to lead virtual teams and work across a matrix


• Sales Channel and or Management experience


• Relevant engineering experience


• Must have strong influencing skills


• Excellent presentation and communication skills


• Outstanding interpersonal skills with an emphasis on building strong team relationships


• Proactive, creative work style and a self-starter


• Willingness to travel, as required.


• Strong computer skills (Microsoft Office suite) required

General Applicable Company Competencies:

• Commitment to Watts’ values of integrity, accountability, continuous improvement and innovation, and transparency.


• Punctuality and dependability.


• Ability to be flexible and adapt to changing work priorities and stressful conditions.


• Adherence to all personnel policies, procedures, and standards of process as implemented by Watts.


• Maintain productive and collaborative relationships with other Watts employees.


• Adherence to Watts’ seven cultural beliefs: Growth Mindset, Customer-Focused Innovation, Constant Communication, Clear Goals, Collaborate Globally, Be Inclusive, and Take Action.

Working Conditions:

While performing the job duties, you will be working in an office environment. You will be required to work in the office at the No Andover, MA location three days per week (Monday – Wednesday) and can work remotely two days per week (Thursday and Friday).

Physical Requirements:

• Specific physical abilities required for this position include, but are not limited to: Ability to remain seated at a desk or workstation for extended periods.


• Ability to perform repetitive tasks like typing on a keyboard or using a mouse for extended periods.


• Ability to physically move around the office, organize or transport files, packages, or other office-related materials.


• Ability to read documents, use a computer, and perform data entry tasks.


• Ability to communicate clearly with management and coworkers, particularly in meetings or phone calls.


• Ability to operate standard office equipment such as computers, printers, phones, and copiers.


• Ability to occasionally lift and carry light objects, such as office supplies, documents, or small equipment.

Pay Range:

The expected salary range for this position is 140,000-156,000 annually. Actual compensation will be dependent upon individual skills, experience, qualifications, and applicable law. Nothing in this job description restricts Watts’ right to assign or reassign duties, responsibilities, and working hours/conditions to this position at any time. This position is “at will,” which means that either the employee or Watts may terminate the employment relationship at any time, with or without notice, and for any lawful reason.

#LIHybrid Watts in it for you: Please note that the following benefits apply only to permanent roles and do not apply to internship roles. Competitive compensation based on your skills, qualifications and experience Comprehensive medical and dental coverage, retirement benefits Family building benefits, including paid maternity/paternity leave 10 paid holidays and Paid Time Off Continued professional development opportunities and educational reimbursement Additional perks such as fitness reimbursements and employee discount programs Learn more about our benefit offerings here: https://tapintowattsbenefits.com/ How we work: At Watts, our culture is team-oriented and supportive. Employees here genuinely care about the quality of their work, and about each other. Our people are the heart of who we are and contribute to our longevity and continued success. And this is a place where you can have a big career. No matter your role, there are opportunities for learning and development, and your daily contributions make a meaningful impact on the lives of people who use our products and on the future of water. Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources. Watts Water is a global leader of quality water solutions for residential, industrial, municipal, and commercial settings. Our family of brands offers some of the most varied product lines in the world, with world-class, water-related solutions focused on: Drainage and Water Reuse HVAC and Hot Water Plumbing and Flow Control Water Quality and Rainwater Harvesting We are a $1.9 billion global company, listed on the New York Stock Exchange (NYSE) with a presence in five (5) continents and twenty-four (24) countries, and an employee population that speaks over eighteen (18) languages. As a people-first company, we prize enriching and caring for all who work here not only through words but through actions. This includes executing our Diversity, Equity, and Inclusion (DEI) strategy, and providing our employees with meaningful career growth opportunities, a positive and safe work environment, and affirmation that they are heard, valued, and respected. We are proud to be an organization that believes that a safer world is a more sustainable world – a belief that we proudly reflect in each of our technologies and solutions and our environmental and social commitments, such as our partnership with Planet Water Foundation. Learn more about the Watts way, here. Specialties Plumbing, HVAC, Water Quality, and Gas Headquarters Americas & Corporate Headquarters: North Andover, Massachusetts, USA Asia-Pacific, Middle East & Africa (APMEA) Headquarters: Shanghai, China Company Size About 5,000 employees Website http://www.watts.com/ http://www.wattsindustries.com/ http://www.wattsasia.com/ Industry Machinery Founded 1874