Director of Product Development in Elmsford, NY at Party City

Date Posted: 4/7/2021

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Elmsford, NY
  • Experience:
    Not Specified
  • Date Posted:
    4/7/2021

Job Description

Job Overview

The Product Development Director is a member of a Category POD team who, together with the Category Director is responsible for creating and driving the category strategy and execution. Working through a team of merchants & product developers and with the support of inventory, financial, marketing and analytics experts, is responsible for the establishment of a category business plan inclusive of the determination of financial targets and an execution strategy. This position has full P&L responsibility for the category performance which is a contributing factor in the overall financial performance of the Company. To be successful in this role, the Product Development Director must have the ability to collaborate across all levels and functions and have demonstrated the ability to lead and develop a direct report team.

Responsibilities and Duties

  • Responsible for the product development process from ideation thru manufacturing/production
  • Identify product trends & develop new products that are competitively priced & commercially viable
  • Influences, builds & leads execution of overall Category vision, objective sand goals
  • Responsible for the development and enablement of talent to achieve career goals
  • Business development through analysis of data and marketplace knowledge
  • Drives & executes the product strategy

Job Requirements

Skills & Competencies Required:

Business Acumen:

In depth experience in the product development lifecyle is a required along with the experience of developing financial plans for product performance. A strong understanding of gross margin and inventory turn metrics as a key factor in building a financial plan is required. ability to research and identify customer needs and market trends is necessary.

Problem Solving:

Strong data analytics skills with the ability to provide solutions to market and customer needs is a primary responsibility of this role. In addition, the ability to identify customer needs and market trends is necessary in order to lead in the marketplace.

Strategic Agility-Understands key relationships relevant to achieving short & long-range objectives. Uses data analysis and business acumen to make good decisions.

Champions Change-Not satisfied with the status quo. Offers compelling ideas to advance the business. Leads change from the front.

Develops Others-Develops Talent by setting stretch goals and assignments. Coaches and provides feedback. Builds great teams and prepares others to achieve career aspirations through the career lattice.

Qualifications

  • College Degree Required
  • 6+Years of product Development experience
  • Experience Leading a team preferably product managers
  • Advance Excel & Microsoft Office Skills
  • Ability to travel between the Elmsford NY and Rockaway NJ Offices; Domestic and international travel minimal, but as needed.