Product Economics Manager

Vodafone Group; City Of London; On-site; GBP 65,000 - 85,000; Full time

Job summary

A leading international telecommunications company is seeking a Product Economics Manager in City Of London. The role involves driving growth in revenue and margin across global product portfolios by analyzing product economics and optimizing commercial performance. Ideal candidates will have strong commercial modeling skills and a degree in Business Management or a quantitative discipline. This position offers a collaborative environment and the opportunity to make a significant impact.

Qualifications

• Experience in a B2B environment with complex ICT or Telco solutions.
• Demonstrated practical experience in a complex organization.
• Comfortable working with ambiguity and defining new approaches.

Responsibilities

• Build and maintain product cost models.
• Conduct cost benchmarking analysis across products and vendors.
• Provide economic insight to stakeholders across teams.

Skills

Strong commercial modelling and analysis skills

Excellent communication and stakeholder management

Ability to make complex information simple

Experience in a Commercial, Pricing or Finance role

Outstanding Microsoft Excel skills

Education

Degree in Business Management or quantitative discipline

Job description

Join Us

At Vodafone, we’re not just shaping the future of connectivity for our customers – we’re shaping the future for everyone who joins our team. When you work with us, you’re part of a global mission to connect people, solve complex challenges, and create a sustainable and more inclusive world. If you want to grow your career whilst finding the perfect balance between work and life, Vodafone offers the opportunities to help you belong and make a real impact.

What you’ll do

Role purpose:

A high-impact and influential role in the Vodafone Business Group Products and Services team. The product economics manager has a crucial part to play in our strategy to drive significant growth in revenue and margin, across our global product portfolios. Working across product lines and markets, you will build and share detailed understanding of product economics and identify opportunities to improve commercial performance. You will also design, create, and maintain a toolkit to enable Vodafone business products and services to be scaled across markets quickly, efficiently and with maximum commercial impact.

This role reports into the Product Economics Senior Manager and will:

Engage with local markets (OpCo’s), product teams, technology, operations, and commercial strategy to support and influence the commercial design for products throughout the lifecycle.

• This includes:
• Building and maintaining product cost models
• Identifying and documenting cost owners
• Understanding supplier contracts and business rules which have an impact on our cost base and product economics and identifying opportunities to leverage
• Visualising cost components and the levers driving changes in both cost and price
• Providing requirements into market benchmarking and customer research to ensure it is actionable commercially and analyse outputs
• Conducting cost benchmarking analysis across products and vendors
• Providing guidance and consultancy particularly on cost
• Build deep commercial product expertise including knowledge of suppliers, commercial terms, competitors, market trends, and technology
• Undertake regular analysis of unit and product economics and:
• Provide economic insight to key stakeholders across central and local market teams
• Highlight material cost changes and implications
• Make recommendations to maximise profitability
• Assess the product economics of scaling and sunsetting
• Identify opportunities to standardise, drive commercial innovation, and create efficiencies both within and across product lines.
• Leverage insights from OpCos and external sources to drive best practice
• Create and maintain a toolkit to be used by the central and local market teams e.g. a structured cost catalogue, unit costs, cost guardrails.

Who you are

Core competencies, knowledge and experience:

• Strong commercial modelling and analysis skills. Including the ability to make commercial assumptions, input into business cases, and visualise data
• Excellent communication and stakeholder management. Demonstrable experience of leading and influencing recommendations / projects with senior leaders.
• Ability to make complex information simple
• A tenacious, self-starter who is confident working with cross functional, virtual teams in a global environment and with a strong appreciation of new product launches. Comfortable working with ambiguity and able to define new approaches and ways of doing things
• Experience in a Commercial, Pricing or Finance role, involving complex ICT or Telco solutions and ideally in a B2B environment
• All competencies expected with demonstrated practical experience in a complex organisation

Must have technical / professional qualifications:

• Educated to degree level in Business Management or other quantitative discipline (e.g. Maths, Economics, Engineering)
• Outstanding Microsoft Excel skills
• Knowledge of telecoms products

Not a perfect fit?

Worried that you don’t meet all the desired criteria exactly? At Vodafone we are passionate about empowering people and creating a workplace where everyone can thrive, whatever their personal or professional background. If you’re excited about this role but your experience doesn’t align exactly with every part of the job description, we encourage you to still apply as you may be the right candidate for this role or another opportunity.

What’s in it for you

Who we are

We are a leading international Telco, serving millions of customers. At Vodafone, we believe that connectivity is a force for good. If we use it for the things that really matter, it can improve people's lives and the world around us. Through our technology we empower people, connecting everyone regardless of who they are or where they live and we protect the planet, whilst helping our customers do the same.

Belonging at Vodafone isn't a concept; it's lived, breathed, and cultivated through everything we do. You'll be part of a global and diverse community, with many different minds, abilities, backgrounds and cultures. We're committed to increase diversity, ensure equal representation, and make Vodafone a place everyone feels safe, valued and included.

If you require any reasonable adjustments or have an accessibility request as part of your recruitment journey, for example, extended time or breaks in between online assessments, please refer to https://careers.vodafone.com/application-adjustments/ for guidance.

Together we can.