
IDFC•2h ago
Foundit
Product Manager
Mumbai, India
Full Time
Mid Level
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 is a prominent financial services group in India, offering diverse banking and investment solutions across various sectors.
Mumbai, India
Posted on Foundit