Smithfield Foods

Business Manager

Smithfield Foods • $95K — $130K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business or related field and 5+ years of relevant experience, or equivalent education and experience.
  • 2+ years of team management or project leadership experience.
  • Understanding of the Consumer-Packaged Goods industry dynamics.
  • Familiarity with customer-focused selling techniques, including IRI and Neilsen data.
  • Willingness to travel 30% of the time.
  • Strong critical thinking and problem-solving skills.
  • Excellent written and verbal communication skills.

Responsibilities

  • Manage the P&L for a major product group, ensuring profitability and budget adherence.
  • Serve as the primary contact for the Sales team, communicating product specifications and pricing.
  • Oversee product and price management, including negotiating pricing agreements.
  • Evaluate market research and advertising initiatives to drive product success.
  • Act as the category expert, providing insights and guidance on product performance.
  • Foster a positive employee experience through leadership and coaching.

Benefits

  • Comprehensive total rewards package including health and wellness benefits.
  • Opportunities for professional development and career advancement.
  • Supportive work environment that values teamwork and collaboration.
Full Job Description
If you are currently employed at Smithfield, please log into Workday and submit your application through the Jobs Hub.

THE VALUE YOU'LL BRING:

The position summary states the general nature and purpose of the job. Overall accountabilities are defined in this section.

As a Business Management Team member, you will play a pivotal role in steering the profitability of a specific category within our business. Whether it is bacon, ham, fresh pork, or another of our diverse categories, you'll collaborate cross-functionally with our sales team and plant operations to ensure we deliver the finest products to our customers and consumers.

In this position, you will develop and execute comprehensive plans and programs for a distinct product, brand, or significant market segment. You'll oversee the profitability and financial performance of a specific product category, taking full ownership of the category's P&L. Additionally, you will drive the creation and enhancement of new and existing products, aligning with our company's business and marketing goals.

WHAT YOU'LL DO:

The below statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. May perform other duties as assigned.
  • Financial Responsibilities: You will be responsible for meeting the overall company price and volume budgets for the fiscal year within outlined parameters, ensuring that volumes are met within targeted growth. You will manage all pricing activities to maximize profit potential, while also meeting product group/product line profitability objectives based on the specified budget. Additionally, you will oversee the total P&L for a major product group, which includes managing sales volume, sales dollars, cost of goods, gross margin, shuttle and storage expenses, plant variances, direct marketing expenses, net contribution, and profit before taxes.
  • Sales and Communication: You will serve as the primary contact for the Sales team, where you will communicate product specifications, inventory levels, pricing, costing, and lead time requirements. You will be responsible for developing strong communication with other functional areas and departments.
  • Product Management: You will be responsible for Product and Price Management, negotiating, reviewing, and approving pricing and trade agreements. You will participate in and evaluate market research, promotions, public relations, and advertising initiatives. You will attend product reviews to compare the execution of written specifications and gain insight into what drives variances and yield to the standards.
  • Expertise: You will be considered the category expert over a specific segment of the business.
  • Leadership: Drives a positive employee experience through leadership by way of employee development and coaching.


WHAT WE'RE SEEKING:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals to perform the essential functions.
  • Bachelor's Degree from an accredited four-year college or university in Business or related field and 5+ years' relevant experience, or equivalent combination of education and experience, required.
  • 2+ years of demonstrated experience in team management/development or project leadership, required.
  • Must understand the dynamics of the Consumer-Packaged Goods industry.
  • Must have a solid understanding of customer focused and fact-based selling techniques, which may include IRI, Neilsen and Perishable Group data.
  • Energized by travel 30% of the time.
  • Strong critical thinking and problem-solving skills.
  • High level of written and verbal communication skills, organizational planning, teamwork, analytical reasoning, and adaptability.
  • Knowledge and experience with Microsoft Excel, Word, PowerPoint.
  • Ability to work well with others in fast paced, dynamic environment.
  • Ability to be respectful, approachable and team oriented while building strong working relationships and a positive work environment.


OTHER SKILLS THAT MAKE YOU STAND OUT:
  • SAP experience, preferred.
  • Experience managing product with short shelf life


PHYSICAL DEMANDS & WORK ENVIRONMENT:

The physical demands described here are representative of those an employee should possess to successfully perform the essential functions of this job. The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Capable of sitting for extended periods of time.
  • Must be able to lift up to 15 pounds at times.
  • Frequently required to sit; stand; walk; reach with hands and arms.
  • Specific vision abilities required include close vision, distance vision, peripheral vision and depth perception.
  • Able to travel as needed.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The expected pay range for this position is $95,000 - $130,000 annually.
Smithfield Foods provides pay ranges that reflect its good faith estimate of the salary or hourly wage the company reasonably expects to pay for a position at the time of hire. Individual compensation will be determined based on several factors, including but not limited to, the scope and responsibilities of the role, location of the position, the candidate's qualifications and experience, internal equity, external market pay for comparable positions and budget considerations. At Smithfield Foods, base pay represents only one aspect of the comprehensive total rewards package. Learn more about our benefits package here.
Relocation Package AvailableNo

About Smithfield Foods

Smithfield Foods is a meat processing company that produces and markets a variety of fresh and packaged meats. The company was founded in 1936 and is headquartered in Smithfield, Virginia. Smithfield Foods operates in the United States and internationally, and its products are sold under a number of well-known brands. The company is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact. Smithfield Foods is a subsidiary of WH Group, a Chinese meat processing company.
Learn more about Smithfield Foods
Size
54,000 employees
Industry
Founded
1936

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