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Product Controller

Overview, Education, Careers Types, Skills, Career Path, Resources

Product Controllers manage financial reporting, analyze product profitability, and ensure financial compliance. They play a crucial role in maintaining financial health.

Average Salary

₹7,00,000

Growth

medium

Satisfaction

medium

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Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

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    Financial Accounting
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    Product Knowledge
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    Regulatory Reporting
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    Data Analysis
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    Risk Management
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    Valuation
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    Reconciliation
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    Communication Skills
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    Problem-Solving
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    IT Skills
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    IFRS Knowledge
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    Analytical Skills
Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

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    Analytical Skills
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    Communication Skills
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    Attention to Detail
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    Technical Proficiency
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    Problem-Solving Skills
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    Time Management
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    Adaptability
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    Teamwork
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    Integrity
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    Leadership Skills
Technical Skills

Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

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    Financial Accounting
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    Product Costing
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    Budgeting and Forecasting
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    Financial Analysis
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    Regulatory Compliance
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    Data Analysis and Visualization
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    Internal Controls
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    ERP Systems
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    Communication and Presentation
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    Problem Solving
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    IFRS (International Financial Reporting Standards)
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    US GAAP (Generally Accepted Accounting Principles)
Duties and Responsiblities

Task

95%

Oversee the entire product lifecycle, from ideation to launch, ensuring alignment with market needs and business goals.

92%

Define and communicate the product vision, strategy, and roadmap to stakeholders, including engineering, marketing, and sales teams.

90%

Conduct market research and competitive analysis to identify opportunities and inform product decisions.

88%

Gather and prioritize product requirements from customers, stakeholders, and internal teams.

85%

Create and maintain product documentation, including user stories, use cases, and product specifications.

82%

Collaborate with engineering teams to ensure timely and high-quality product development.

80%

Work with marketing teams to develop and execute product launch plans and marketing campaigns.

78%

Monitor and analyze product performance, identifying areas for improvement and optimization.

75%

Manage the product backlog, ensuring it is prioritized and aligned with business objectives.

72%

Conduct user testing and gather feedback to improve product usability and satisfaction.

70%

Stay up-to-date on industry trends and emerging technologies to inform product strategy.

68%

Provide product training and support to internal teams and customers.

Work Activities

95%

Prepare and analyze financial reports, ensuring accuracy and compliance with accounting standards.

92%

Investigate and explain variances between actual and budgeted financial performance.

90%

Develop and manage budgets, create financial forecasts, and monitor performance against targets.

88%

Implement and maintain internal controls to safeguard company assets and ensure data integrity.

85%

Ensure compliance with financial regulations and reporting requirements in India.

82%

Identify and assess financial risks, and develop mitigation strategies.

80%

Analyze the profitability of different products or services offered by the company.

78%

Manage cost accounting processes, including standard costing and cost allocation.

75%

Provide support during internal and external audits, ensuring timely and accurate information.

72%

Identify and implement process improvements to enhance efficiency and accuracy.

70%

Communicate financial information and insights to stakeholders, including management and investors.

Detailed Work Profile

Interests