What are the responsibilities and job description for the VP of Product Development position at Rust-Oleum Corporation?
JOB DESCRIPTION
Employer Description
Legend Brands, an industry leader and long standing, stable company, combines over 185 years of experience in providing equipment, accessories and chemicals for professional cleaning, facility maintenance, portable environmental control, fire remediation and water damage restoration.
Job Summary
Under general supervision, the Vice President of Product Development is responsible for leading a team of designers and engineers and overseeing the entire product development lifecycle from ideation to launch. Working closely with cross functional teams ensuring successful delivery of innovative products that meet customer needs and align with the company's goals.
Supervision Responsibility :
Mobile App Developer, Mechanical Engineer, Mfg. Component Designer / Fabricator, Industrial Design Supervisor, Project Engineer, and Sr. Mechanical Engineer.
Essential Duties
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with a disability to perform the essential duties. The list below is intended to be illustrative of the responsibilities of this position and is not all encompassing, nor does it constitute an employment agreement, and the duties may change at any time.
- Develop and deliver innovative products that meet customers' needs, market demand and align with companies' business goals.
- Effectively lead, mentor, and coach a team of product development professionals, providing guidance, support, and development opportunities to ensure team success.
- Collaborate with cross-functional teams including quality, sales, marketing, product management and operations, to ensure alignment with overall business objectives.
- Own and maintain the Product Development Process ensuring thorough yet quick product development launches while following the process including stage gate approvals.
- Manage outside resources in the development process to maximize speed to market and leverage expertise in areas lacking in the department.
- Manage Product Development budget effectively, allocating resources to maximize ROI and achieve business objectives.
- Manage the cost development process early in the development process to track and address any deviations from the initial cost targets. Utilize D365 to develop costed BOMs that are accurate and up to date.
- Report on and achieve Metrics for the Product Development department.
- Lead the PDC team meetings providing timely and accurate updates on a regular schedule including cost updates, Gantt charts and stage gate steps.
- Identify potential product development risks and create a strategy to mitigate them while maintaining project timelines and quality.
- Performs other related duties as assigned.
Minimum Qualifications
The requirements listed below are representative of the education, experience, certification and / or licensure required. An equivalent combination of education and experience to perform the essential duties and meet the necessary employment standards may be considered.
Education and Experience
Certifications / Licenses
Hiring Range
Between $131K - $150K annually
Benefits
Legend Brands offers an excellent benefits package with comprehensive medical, dental, vision, life insurance, disability coverage, leaves of absence, 10 paid holidays, generous paid time off, employer matching 401k PLUS a company-sponsored pension, and more!
Additional Considerations
Salary : $131,000 - $150,000
