Portfolio Manager

Posted 14 Days Ago
Be an Early Applicant
Elizabeth, NJ, USA
Hybrid
95K-125K Annually
Mid level
Food • Sales
The Role
The Portfolio Manager supports suppliers and executives in executing marketing strategies, managing pricing, product introductions, and analyzing brand performance.
Summary Generated by Built In
Join the team at New Jersey’s largest wine and spirits distributor! At Allied Beverage Group, we’re proud of our dynamic, family-based culture and our role in keeping the beverage industry moving. If you're looking for a great company with great people—this is the place to be!

Overview
 
The Portfolio Manager acts as the liaison and support for suppliers and key ABG executives to execute marketing strategies of existing brands, introduction of new products, assessment of opportunities in the market and analysis of brand performance.
 
Responsibilities
  • Acts as advocate for suppliers at monthly marketing meetings including making presentations on 90 day pricing calendars, reporting results of new product introductions, reporting results on previous months’ priorities and choosing the upcoming month’s priorities.
  • Responsible for pricing, programming, new items and billing for assigned suppliers.
  • Responsible for meeting targets on gross profit goals and profit margins on brands assigned.
  • Prepares and proofs prices structures on new items and price increases on existing items.
  • Coordinates with Purchasing and Pricing personnel on all aspects of new products with respect to item maintenance and inventory requirements.
  • Communicates with Purchasing on all Special Programming, change in rotation, and extraordinary Retail Incentive Programs (RIPs), so that inventory levels are adequate for sales.
  • Works closely with Finance on bill backs, depletion allowances, floor stock adjustments, close outs, and supplier banks.
  • Communicates with sales force on brand initiatives via sales meetings, market blitzes, field work-withs, and visitation of key accounts.
  • Prepares for and attends all supplier review meetings.
  • Works with Desk Top Publishing and marketing assistants to develop sales support materials, like Holiday Brochures and monthly cover themes for Price Book.
  • Reports on market trends and competitive activity to ABG sales and brand suppliers.
  • Monitors slow moving inventory and coordinates with sales and operations to sell product balance.

Qualifications

  • BA with 3 years industry experience (or equivalent) – preferably in sales and/or marketing
  • Must have industry knowledge of state and federal (BATF and ABC) regulations
  • Computer literacy in AS400 and Diver (report writing level)
  • Computer literacy in Office Windows (Word, Excel, Power Point)
  • Presentation, Planning, Organization, and Analytical skills;
  • Attention to detail and accuracy

Compensation and Benefits
 
The anticipated salary range for this position is $95,000 to $125,000, depending on qualifications such as experience, education, and skillset.
 
In addition to salary,  this role is eligible for a discretionary bonus and offers a comprehensive benefits package including Medical, Dental, Vision, 401K plan with company match, Life Insurance, Long Term Disability, Flexible Spending Account, Employee Assistance Program, Pet Insurance Plan and more.

Why You Will Love Allied Beverage Group

Industry Leader – We are New Jersey’s Largest Wine and Spirits Distributor
Culture – We may be a big corporation, but we are still family owned and we like to think that influences our work environment. We promote a culture based on trust, respect and collaboration
State of the Art Facility – We opened a brand-new corporate office and distribution center in Elizabeth, NJ in 2019
Your Continued Growth – Our company encourages our employees to reach high, live up to their potential, and advance in their careers. We offer over 9,000 professional development courses that employees can take at any time
Competitive Pay and Quality Benefits – Allied Beverage Group offers competitive pay commensurate with experience along with a comprehensive benefits package
Allied Perks! – Associate recognition, discounts with several vendors and more


The Company is dedicated to ensuring a safe and secure environment for our team members and visitors. To assist in achieving that goal, we conduct a drug and background check for all new team members post-offer and prior to the start of employment. The Immigration Reform and Control Act requires that verification of employment eligibility be documented for all new employees by the end of the third day of work.

Allied Beverage Group participates in the E-Verify program to confirm employment eligibility of all new hires in the United States.

EEO and AI Disclosure Statement
 
Allied Beverage Group is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information, or any other legally protected characteristics.
 
As part of our recruitment process, Allied Beverage Group uses artificial intelligence (AI) tools to support the initial review of applications. These tools are designed to assist our recruiters in identifying qualifications and experience that align with the requirements of each role. The tools do not make hiring decisions. All final decisions are made by our recruitment team and hiring managers.
 
We are committed to fair and equitable hiring practices. If you have questions about this process or need an accommodation, please contact Human Resources.

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The Company
HQ: Elizabeth, NJ
791 Employees
Year Founded: 1933

What We Do

Allied Beverage Group, LLC (“Allied”), as it is known today, is a family owned company created by the historical mergers of The Baxter Group, Inc., F&A Distributing Company, and The Jaydor Corporation as well as the August 2017 combination with Breakthru Beverage New Jersey. Allied's predecessor companies were leaders of the wholesale wine and spirits industry in New Jersey dating back to the Repeal of Prohibition in the early 1930s. Allied has emerged as New Jersey's largest and most comprehensive wine and spirits distributor and ranks among the ten largest such distributors in the United States. Allied represents the product lines of the world's leading suppliers of beverage alcohol and related products as it services the needs of New Jersey's licensed package stores, restaurants, hotels, taverns and clubs. Allied's state of the art distribution facility and offices are located in Elizabeth, NJ. The company also has offices and cross dock facilities in Swedesboro, NJ.

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