Product Manager
Sensata · Sofia · €35,954–€49,437 (stated in the posting)
The Product Manager is responsible for the cost planning of a product portfolio and alignment of strategy of the product with Segment leaders and operational teams. The role requires the ability to develop roadmaps on new and existing products that align with the company’s strategic, operational, and financial objectives.General Responsibilities
- Oversees the development of actionable product roadmaps by integrating inputs from cross-functional stakeholders in our business objectives & product strategy.
- Oversees product positioning in the marketplace, including rationalizing pricing strategy based on market conditions.
- Develop product strategy and optimize product portfolio, providing planning and project prioritization
- Contributes to the pricing strategy through the product life cycle
- Owns the balanced scorecard for their product line and drives the development and execution of the roadmap to improvement
- Addresses operational issues associated with quality, delivery and production.
- Anticipating and communicating issues, recommending corrective action, and taking independent remedial actions and reporting outcomes
Experience / Qualifications
- A university degree required (i.e. Bachelors degree) or equivalent relevant work experience.
- Must be a team player able to work in a fast-paced environment with demonstrated ability to handle multiple competing tasks and demands
- Strong communication skills; oral, written and presentation
- Strong organization, planning and time management skills to achieve results
- Strong personal and professional ethical values and integrity
- Holds self-accountable to achieving goals and standards
- Proficient in Microsoft Office programs (Outlook, Word, PowerPoint, and Excel)
- Strong interpersonal & collaboration skills to work effectively with all levels of the organization including suppliers and/or external customers
Product Cost Management & Financial Acumen
- Strong understanding of product cost drivers, including materials, labor, overhead, logistics, tooling, and supplier costs.
- Experience with cost analysis, BOM reviews, and multi-year cost roadmaps.
- Ability to develop and validate business cases for cost reduction initiatives.
Cost Reduction & Value Engineering
- Proven experience identifying, quantifying, and delivering cost reduction opportunities.
- Ability to assess implementation risks and validate savings.
Change & Portfolio Management
- Experience evaluating the financial impact of product changes and prioritizing initiatives based on business value and return on investment.
- Ability to build implementation roadmaps that maximize savings while minimizing operational disruption.
Cross-Functional Collaboration
- Experience working closely with Engineering, Operations, Sourcing, Procurement, Supplier Development, and Finance teams.
- Familiarity with product lifecycle and change management processes.
Global Leadership & Stakeholder Management
- Proven ability to influence cross-functional teams without direct authority.
- Experience leading global initiatives across multiple regions and cultures.
- Strong stakeholder management skills with the ability to align business, technical, and financial priorities.
Preferred Experience
- Track record of delivering measurable cost reduction results.
- Experience presenting cost strategies and business cases to senior leadership.
Gross Annual Salary Range:
35,954.00 EUR - 49,437.30 EURThe salary range is published in line with the EU Pay Transparency Directive and relevant country legislation.
Starting Salary
The starting salary offered will be based on objective, gender-neutral criteria , (e.g internal equivalency, relevant skills, experience, qualifications etc.). Applicants will not be asked for salary history.
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