Senior Manager, Global Downstream Marketing
Solventum
Marketing Development Fund Manager
Red Hat
full-time
Posted on:
Location Type: Remote
Location: Remote • Massachusetts, North Carolina, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $77,520 - $124,020 per year
Job Level
Mid-LevelSenior
About the role
- Design and maintain the global or regional MDF program structure, policies, and guidelines, ensuring alignment with partner tiers, strategic objectives, and budget allocations.
- Establish annual/quarterly MDF budgets, track accruals, and develop forecasting models in partnership with the Finance team.
- Develop and document clear, concise partner-facing MDF guides, eligible activities, claim processes, and reporting requirements.
- Manage the end-to-end MDF lifecycle, from proposal submission and review to approval, execution, claims submission, and payment processing.
- Review and approve partner MDF proposals and marketing plans, ensuring activities are measurable, meet eligibility criteria, and adhere to brand standards.
- Administer the MDF management platform (E2Open), ensuring data integrity, system functionality, and user accessibility for partners and internal teams.
- Monitor and track MDF utilization, spending velocity, and accruals against budget, generating regular compliance and spend reports for channel leadership.
- Analyze the Return on Investment (ROI) and effectiveness of funded activities, providing data-driven recommendations to optimize future spending and program design.
- Ensure strict financial compliance, maintaining comprehensive audit trails (Proof of Execution/POE) for all fund disbursements.
- Collaborate closely with Global Partner Marketing Managers and Regional Partner Marketing teams to promote the MDF program and educate partners on strategic ways to utilize funds for co-marketing activities (e.g., events, demand generation campaigns, sales enablement).
Requirements
- 3+ years of experience in channel marketing, partner program management, or financial program administration, with direct experience managing a Market Development Fund (MDF) or Co-op fund program.
- Bachelor’s degree in Business Administration, Marketing, Finance, or a related field.
- Strong understanding of budgeting, forecasting, and calculating marketing ROI.
- Exceptional organizational skills and a proven ability to manage complex, multi-stage programs with high attention to detail and deadlines.
- Demonstrated experience working with and administrating E2Open system; proficiency in Salesforce is a must.
- A meticulous approach to process, ensuring strict adherence to financial controls, legal requirements, and audit standards.
- Excellent written and verbal communication skills with the ability to effectively educate and influence both internal stakeholders (Finance, Sales) and external channel partners.
- Ability to synthesize spending data into clear, actionable insights and strategic recommendations.
Benefits
- Comprehensive medical, dental, and vision coverage
- Flexible Spending Account - healthcare and dependent care
- Health Savings Account - high deductible medical plan
- Retirement 401(k) with employer match
- Paid time off and holidays
- Paid parental leave plans for all new parents
- Leave benefits including disability, paid family medical leave, and paid military leave
- Additional benefits including employee stock purchase plan, family planning reimbursement, tuition reimbursement, transportation expense account, employee assistance program, and more!
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
channel marketingpartner program managementfinancial program administrationMarket Development Fund (MDF)budgetingforecastingmarketing ROIdata analysisaudit compliance
Soft skills
organizational skillsattention to detailcommunication skillseducational skillsinfluencing skillsstrategic thinking
