IDFC
IDFC•2h ago
Foundit

Product Manager

Mumbai, India
Full Time
Mid Level

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Full Job Description

Role Overview

The Product Manager – JLG will support the business unit by overseeing product-level P&L tracking, cost governance, MIS reporting, and operational controls. This role involves managing purchase orders, invoice processing, financial planning, and coordinating with internal stakeholders to ensure effective management.

Primary Responsibilities

  • Analyze product profitability and manage comprehensive P&L reports.
  • Collaborate with Finance, Procurement, and business teams to validate cost drivers.
  • Perform deep-dive cost analysis to identify variances, risks, and opportunities for improvement.
  • Create detailed performance reports and presentations for management review.
  • Maintain strict budget discipline by monitoring expenses and key metrics.
  • Handle Purchase Order (PO) issuance and invoice validation workflows.
  • Coordinate with vendors and accounts teams to ensure timely payments and accurate reconciliations.

Secondary Responsibilities

  • Design, develop, and maintain dynamic MIS dashboards for business performance tracking.
  • Leverage data analytics to generate actionable insights that drive strategic decisions.
  • Support daily business activities (BAU), project reviews, and cross-functional initiatives.
  • Promote process automation and reporting enhancements through advanced analytics.
  • Partner with stakeholders to align on data integrity, reporting standards, and operational needs.

Ideal Candidate Profile

  • Demonstrable expertise in P&L management, financial analytics, and cost structure optimization.
  • Advanced proficiency in Excel and data analysis tools with a meticulous attention to detail.
  • Familiarity with end-to-end PO and invoice management processes.
  • Excellent problem-solving abilities coupled with strong stakeholder communication skills.
  • Adept at working autonomously within fast-paced, dynamic environments.

Educational Requirements

Bachelor's or Master's degree in Finance, Commerce, Economics, Business Administration, or a related field is required.

Experience Level

  • 2–4 years of professional experience in Business Finance, FP&A, MIS, Business Analytics, Product Finance, or similar roles.
  • Proven track record in P&L analysis, cost management, procurement coordination, and business reporting.
  • Demonstrated hands-on expertise with Excel for advanced data manipulation and analytics.

Job Details

Location: Mumbai, India
Type: Permanent Job

Company

IDFC

IDFC

IDFC is a prominent financial services group in India, offering diverse banking and investment solutions across various sectors.

Mumbai, India
Posted on Foundit