Position
Manager, Product Innovation R&D (Tarrytown, NY)
Department:
Marketing
Prestige Consumer Healthcare is a company that focuses on product innovation and quality in the over-the-counter healthcare and women’s health categories to better improve the lives of our customers and their world. For generations, our trusted brands have helped consumers care for themselves and their loved ones. We are the largest independent provider of over-the-counter products in North America, and we are constantly improving and creating products that match the ever-changing lifestyles and needs of people and families everywhere.
JOB SUMMARY:
The manager, in collaboration with their marketing partner, will have ownership of the new product roadmap across multiple company categories: pain relief, digestive care, and cough/cold. Their key areas of focus include:
- New Product Roadmap Development: The manager will collaborate with Marketing to strategically plan and develop the multiyear product roadmap, ensuring alignment with business goals and consumer needs while reducing technical and timeline risk.
- New Product Execution: Manage internal and external teams in the development of product formulation from ideation through scale-up activities in collaboration with manufacturers to ensure new products launch on time across the multiyear roadmap.
- Internal Team Development and External Collaboration: They will lead and coach an internal Research and Development (R&D) team, as well as collaborate with external R&D partners. This involves fostering innovation, driving product development, and ensuring successful execution.
- Project Specific Lead: They will lead specific projects from start to finish as the R&D lead.
Overall, the manager will play a pivotal role in driving product innovation in a cross-functional team environment, improving the lives of our consumers, and ensuring the company meets financial goals.
MAJOR RESPONSIBILITES/ACTIVIES:
- Responsible for R&D leadership of multiple product lines/categories within PCH portfolio
- Ensure R&D multiyear pipeline meets business financial goals with appropriate timelines.
- Lead, coach, and mentor internal R&D team ensuring the team has the necessary skills and expertise to achieve project goals.
- Participate in consumer research to understand the needs of the consumer.
- Collaborate with Marketing to ideate new products.
- Develop and manage product plan and budget using internal and external resources.
- Lead the identification and evaluation of new technologies to incorporate into new products.
- Ideate novel consumer claims and work together with Legal and Regulatory on substantiation.
- Manage internal and external team in development of product formulation.
- Lead technical scale-up activities in collaboration with manufacturers.
- Collaborate with project management to ensure projects launch on time.
- Develop relationships with raw material suppliers and other external companies to support R&D
- Negotiate Development Agreements with external partners.
- Provide minimal R&D support to currently marketed products and manufacturing.
- Collaborate with Procurement to negotiate and optimize product cost of goods.
QUALIFICATIONS:
- Bachelor’s degree in a scientific or engineering discipline
- 10+ years of relevant work experience in Product Development
- Preferred experience in consumer healthcare innovation
- Preferred experience in oral dose formulation
- Successful track record of leading cross-functional teams
- Capable of quickly gathering high-level understanding of complex technical issues
- Excellent organizational, diplomatic, and problem-solving skills
- Enjoys working in a fast-paced entrepreneurial environment.
- Excellent communication and presentation skills
- High proficiency in computer skills, including Microsoft Office
- Travel up to 15% mainly in North America.
LANGUAGE SKILLS:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
MATHEMATICAL SKILLS:
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
REASONING ABILITY:
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit. The employee frequently is required to talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.
WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
No Sponsorship: Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
#HybridWork: We follow a Hybrid work schedule. All applicants must be able to work in our Tarrytown office Tues/Wed/Thurs (remote on Mon/Fri).
Salary range: $120K to $150K
Work Hours: 40 hours per week.
Prestige is an Equal Opportunity Employer
Search Firm Representatives - Please read carefully:
PRESTIGE CONSUMER HEALTHCARE does not accept unsolicited assistance from search firms. Please, no phone calls or emails. All resumes sent by search firms to any employee at Prestige Consumer Healthcare via-email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of Prestige Consumer Healthcare. No fee will be paid in the event the candidate is hired by Prestige Consumer Healthcare as a result of the referral or through other means. Thank you for your cooperation.