Sr. Director, Product Development

Company: Funko
Location: Everett
Posted on: May 23, 2023

Job Description:

Funko OverviewWelcome to the Funko-verse, a world built on pure imagination, a land governed by the philosophy that stories matter, a universe comprised of characters from countless fandoms, a galaxy of once upon a times and happily ever afters.But what does Funko do?Funko is a purveyor of pop culture and licensed-focused collectibles company. Funko currently holds thousands of lenses and the rights to create tens of thousands of characters - one of the largest portfolios in the pop culture and collectibles industry. Funko's Pop! Vinyl is the number one stylized vinyl collectible on the market, selling millions of figures to fans around the world.Job Summary:As Senior Director of Product Development, you will be responsible for leading the Product Development and Packaging Design & Engineering teams at Funko. You will be responsible for the end-to-end roadmap, prioritization, and communication of Funko's product creation. This role leads enterprise-wide initiatives and partners with functional and cross functional teams to identify and implement organizational initiatives to ensure company meets its strategic goals and continues growth. Must be an effective collaborator, who will organize, lead, and facilitate cross-functional project teams, develop recommendations for innovating end-to-end enterprise process and work closely with key senior leaders to effectively implement change. The ideal candidate will set the vision, strategy, and priorities for the Product Development team, while fostering relationships with cross-functional leadership. Working with other senior executives on long-range business growth strategies, you will develop a Product Development strategy and cultivate optimization in cost, risk, and lead-times for global distribution while providing industry-leading best practices. Ideal candidates will have a role-up-sleeves attitude with experience in a fast-moving consumer goods (FMCG) environment, solid understanding in the creative and product development processes including operations, sourcing, procurement, and planning. A strong leader who can prioritize well, communicate clearly and compellingly and who understands how to drive a high level of focus and excellence.You will also have responsibility for in-season product development, leveraging your industry expertise in manufacturing and cost drivers to maximize merchandise productivity and profitability, and to drive meaningful progress on company sustainability and goals.Essential Functions:

• Provide direction and inspire the team to ensure the development and product creation process is synergized with a focus on the results
• Lead in the execution of key product including owning short to mid-term (1-3 years strategy execution and operation direction
• Manage multiple teams lead by Directors, Senior Managers, and/or Managers
• Participate in the annual budget process and manage the departments needs according to the approved budget
• Overseas work and strategy of department teams and ensures alignment with cross-functional business teams and overall business goals and strategies
• Manage enterprise-wide cross functional teams across multiple complex projects
• Coach and mentor team members to ensure consistent team development and growth
• Has a strong leadership understanding, strategic aptitude & ensure Product Development team delivers on-time products
• Has functional in-depth knowledge of product development life-cycle
• Ability to motivate and influence others to achieve success and provide career mentorship and growth development opportunities for direct reports Qualifications:
  • Bachelor's degree in Product Development, Design, Engineering or Equivalent (In lieu of a degree additional yrs. direct experience may be considered)
  • 10+ years of related experience as a leader in a fast-moving consumer goods (FMCG) environment, such as apparel, footwear, and manufacturing.
  • Experience managing and leading multiple teams
  • In depth knowledge of product creation systems and tools
  • Experience in strategic project planning and implementation including business requirement generation and process analysis & design
  • Strong leadership skills with experience in managing and developing cross functional teams
  • Experience in developing strong relationships with top senior executives to gain their sponsorship and partnership
  • Effective analytical, problem-solving and communication skills, with the ability to influence stakeholders, lead and partner across functions and teams.
  • Ability to manage and prioritize competing priorities and projects.Salary InformationThe base salary range for this position in the selected city is $150,375- $200,500annually.Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.What Funko OffersFunko offers a competitive compensation package with full benefits and a 401(K) plan with matching contributions from the company. Most importantly, we offer a creative work environment with people who love pop culture just as much as you do. Can't wait to gush about your latest binge? Neither can we! Looking for a place where your favorite pop culture t-shirt will receive the compliments it deserves? We know how you feel!Funko is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.Work EnvironmentThe noise level in the work environment is usually moderate. While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand and walk. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.This position is based in Everett, Washington.

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