Product Economics Manager (12 Months Secondment)

Vodafone; Newbury; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading international telecommunications company is seeking a Product Economics Manager to drive growth in revenue and margin. You will engage with product teams to improve commercial performance and create essential toolkits for efficient scaling. Ideal candidates will have strong commercial modelling skills and experience in B2B environments. This role offers a competitive package, including a yearly bonus and generous leave.

Benefits

Yearly bonus: 10%

Annual leave: 28 days + bank holidays

Private pension with matching contributions

Private medical and dental care

Qualifications

• Ability to make commercial assumptions and input into business cases.
• Experience leading and influencing senior leaders.
• Ability to simplify complex information.

Responsibilities

• Engage with local markets and product teams throughout the product lifecycle.
• Design and maintain a toolkit for product scaling.
• Conduct cost benchmarking analysis across products.

Skills

Commercial modelling and analysis skills

Excellent communication and stakeholder management

Tenacious self-starter

Experience in a Commercial, Pricing or Finance role

Outstanding Microsoft Excel skills

Knowledge of telecoms products

Education

Degree in Business Management or related discipline

Job description

Overview

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What you'll do

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 it is a 12 months opportunity.

• 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 identify 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
• Setting cost targets to ensure products can be sold profitably and competitively
• 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 eg a structured cost catalogue, unit costs, cost guardrails. Define the contents ensuring they are relevant to stakeholders and consistent across products
• Be the subject matter expert for the toolkits and provide stakeholder communications

Who you are

• 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 a with 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
• 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

• Yearly bonus: 10%
• Annual leave: 28 days + bank holidays + the opportunity to buy/sell/carry over 5 days/year
• Charity days: 5 days/year
• Maternity leave: 52 weeks: the first 13 weeks are fully paid, followed by 26 weeks of half pay
• Private pension: You can contribute up to 5% of your basic pay with 2:1 matching from Vodafone up to 10%.
• Access to: private medical, private dental, free health assessments, share save scheme
• Additional discounts: Vodafone retail, gym, cinema, cycle to work, season ticket loan

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 are 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 the Vodafone careers site for guidance.

Together we can.

Vodafone is committed to attracting, developing and retaining the very best people by offering a motivating and inclusive workplace in which talent is truly recognised and rewarded. We are committed to promoting Inclusion for All with the belief that diversity plays an important role in the success of our business. We actively encourage everyone to consider becoming a part of our journey.