About This Role
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 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
What You’ll Do
Define, produce and maintain a cost toolkit
Provide regular, actionable, economic insight and recommendations
Act as economics subject matter expert for agreed including providing cost insights, training on toolkits
Set cost targets to maximise commercial performance
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
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
Benefits
Hybrid work model
Bonus on top of the gross salary
Meal voucher (Ticket Restaurant), additional to gross salary.




Adaptable working hours from Monday to Thursday, and an intensive schedule on Fridays
Intensive Summer Schedule during July and August
Up to 20 days per year of 100% remote work from other locations
Private Health and Life Insurance for employees
25 vacation days, plus December 24th and 31st off
Optional Pension Plan
Access to an online learning platform for continuous training
REF:
Not a perfect fit?
Concerned you may not meet every requirement? Vodafone is committed to creating an inclusive workplace where everyone can thrive. If you are excited about this role but your experience does not align exactly with every aspect of the job description, you are encouraged to apply. You may be the right candidate for this or another opportunity, and the recruitment team will support you in exploring where your skills fit best.
VOIS Equal Opportunity Employer Commitment
Vodafone recognises and celebrates the value of diversity in building a workforce that reflects the customers and communities it serves. No form of discrimination is tolerated. This includes, but is not limited to, discrimination based on race, colour, age, veteran status, gender identity, gender expression, sexual orientation, pregnancy, maternity or parental status, ethnicity, disability, religion or belief, political affiliation, trade union membership, nationality, citizenship, indigenous status, medical condition, HIV status, neurodiversity, social origin, cultural background, marital or civil partnership status, or socio-economic background.
Join Us
At Vodafone, we’re working hard to build a better future. A more connected, inclusive and sustainable world. As a dynamic global community, it's our human spirit, together with technology, that empowers us to achieve this.
We challenge and innovate in order to connect people, businesses, and communities across the world. Delighting our customers and earning their loyalty drive us, and we experiment, learn fast and get it done, together.
With us, you can truly be yourself and belong, share inspiration, embrace new opportunities, thrive, and make a real difference.
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📌 Specialist Product Commercial Lead (Madrid)
🏢 Vodafone
📍 Madrid