Portfolio Manager

1 day ago

Minneapolis, United States Sabrosura Foods Full time
Job DescriptionJob Description

Job Summary:

We are seeking a results-driven Portfolio Manager with exceptional project management to lead the execution of product-related initiatives across our portfolio of leading Hispanic foods brands. Acting as both the project owner and hands-on manager, this role will drive projects from conception to market launch, ensuring alignment with brand strategies, consumer needs, and quality standards. The ideal candidate will possess a proven ability to manage cross-functional teams, streamline processes, and deliver multiple high-impact projects in a fast-paced environment.

Job Responsibilities:

Project Ownership & Management:

  • Serve as the primary project owner for all product-related projects, including innovation, product lifecycle management, cost savings, product modifications and quality improvement efforts.
  • Develop, manage, and execute detailed project plans with clear timelines, budgets, and deliverables.
  • Lead and coordinate cross-functional teams (R&D, Marketing, Sales, Operations, Quality Assurance) to ensure seamless execution of product initiatives.
  • Facilitate weekly project meetings, set functional accountability, and manage follow-ups.
  • Proactively identify project risks and implement mitigation strategies to drive successful project outcomes.
  • Lead projects through the stage gate process, ensuring compliance with all required checkpoints and reviews.
  • Deliver regular progress updates to senior leadership, highlighting key milestones, risks and resolutions.
  • Foster strong relationships with cross-functional partners to drive project success.
  • Act as a champion of project management best practices and provide hands-on support for teams across all functional areas.
  • Create sales materials, product demos, and training resources to equip Sales and Customer Service teams for effective product promotion.

Portfolio management:

  • Product Optimization: Continuously monitor product performance, consumer feedback, and market trends to identify opportunities for improvement (e.g., ingredient adjustments, packaging changes, cost reduction).
  • Product Enhancements: Drive product portfolio enhancements, including line extensions, variations and rationalization of underperforming SKU’s.
  • Master Data Management: Ensure accuracy and consistency in master data management, maintaining all updates to product records.

Strategic Insights:

  • Consumer Insights: Collaborate with the Sales Insights Manager to gather and analyze consumer preferences, behaviors, and trends for data-driven decision making.
  • Competitive Analysis: Regularly assess the competitive landscape to understand market positioning, pricing, and innovation trends among competitors.
  • Portfolio Analysis: Provide strategic recommendations for optimizing the portfolio’s performance, ensuring alignment with business objectives.
  • Perform all other duties as assigned

Required Skills/Abilities:

  • Demonstrated expertise in project management skills including planning, execution, and risk mitigation
  • Strong organizational skills with the ability to manage multiple priorities and meet tight deadlines.
  • Excellent collaboration and communication skills to influence and align cross-functional teams.
  • Strategic mindset with a focus on identifying growth opportunities and improving processes.
  • Results-oriented with a passion for innovation and continuous improvement.
  • Strong understanding of the Hispanic market and cultural insights is highly desirable.
  • Spanish proficiency is a plus.

Education and Experience:

  • Bachelor’s degree in business, Marketing or related fields
  • PMP certification or an MBA is a distinct advantage.
  • 3-5 years of experience in product/portfolio management, preferably within the consumer-packaged goods (CPG) industry.

Physical Requirements:

  • Ability to work in an office setting with prolonged periods of sitting and computer use.
  • Occasional travel to facilities or vendor sites for project oversight.
  • Light physical activity, such as lifting materials (up to 20 lbs.) or setting up product displays.

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