Principal Industry Product Manager - Construction

Oracle

About The Position

As a Principal Industry Product Manager (IC4) – Construction, you will operate as a senior individual contributor responsible for defining and driving the build of key construction capabilities within NetSuite ERP. This role owns the strategy and execution direction for delivering a construction-ready ERP solution with strong emphasis on: Construction accounting Project financial management Industry compliance Contractor and subcontractor workflows The objective is clear: make NetSuite the most desired ERP platform for construction firms, including general contractors, subcontractors, and builders. You will define what must be built natively in NetSuite to compete effectively against construction-focused platforms while preserving NetSuite’s core financial strength. Success is measured by vertical ARR growth, improved competitive win rates, adoption of new construction capabilities, and clarity of industry positioning. Core Responsibilities (IC4 Scope) Construction Product Strategy & Build Leadership Define and own the product strategy for Construction within NetSuite ERP. Lead the definition and prioritization of new capabilities required to support construction accounting and project financial management. Translate contractor and builder operational complexity into scalable ERP functionality. Partner with Engineering to drive execution of high-impact vertical enhancements. This role defines what gets built — and why. Deep Construction Domain Expertise Serve as the internal SME across: Job costing and cost-to-complete forecasting Work-in-progress (WIP) reporting Percentage-of-completion revenue recognition AIA progress billing and retention management Change order tracking and financial impact analysis Subcontract management and pay applications Project-based budgeting and forecasting Equipment cost allocation and utilization Multi-project and multi-entity consolidation Compliance and audit readiness in construction accounting Understand how ERP must integrate with field project management systems (e.g., Procore). Construction Accounting & Compliance Focus Strengthen NetSuite’s capabilities in: ASC 606 revenue recognition for construction WIP schedules and financial transparency Bonding and surety reporting requirements Cash flow forecasting by project Audit-ready financial controls Ensure the solution meets regulatory and industry compliance expectations. Competitive Differentiation Identify capability gaps versus construction-focused systems (e.g., Procore, Sage Intacct Construction, Viewpoint). Define where NetSuite should build, partner, or integrate. Establish NetSuite’s point of view on ERP + AI for construction financial intelligence. AI-Driven Innovation Define and drive AI-enabled construction use cases, including: Predictive cost overruns Margin risk detection by project Automated WIP variance analysis Change order financial impact modeling Cash flow risk forecasting Cross-Functional Influence Lead through influence across Engineering, Sales, Marketing, and Customer Success. Support strategic construction deals where product credibility is required. Operate autonomously with limited oversight consistent with IC4 expectations.

Requirements

Undergraduate degree in a relevant field.
10+ years of experience in product management or industry solution leadership.
Deep expertise in construction accounting and contractor financial operations.
Strong understanding of job costing, WIP, revenue recognition, and compliance requirements.
ERP background required; NetSuite experience strongly preferred.
Demonstrated success translating industry requirements into scalable product capabilities.
Strong executive communication and stakeholder influence skills.

Nice To Haves

Experience working with Procore or similar construction project management systems.
Exposure to Oracle Construction products (Primavera, Textura, Aconex).
Experience in mid-market and upper mid-market contractor environments.
MBA or equivalent business education.

Responsibilities

Define and own the product strategy for Construction within NetSuite ERP.
Lead the definition and prioritization of new capabilities required to support construction accounting and project financial management.
Translate contractor and builder operational complexity into scalable ERP functionality.
Partner with Engineering to drive execution of high-impact vertical enhancements.
Serve as the internal SME across: Job costing and cost-to-complete forecasting, Work-in-progress (WIP) reporting, Percentage-of-completion revenue recognition, AIA progress billing and retention management, Change order tracking and financial impact analysis, Subcontract management and pay applications, Project-based budgeting and forecasting, Equipment cost allocation and utilization, Multi-project and multi-entity consolidation, Compliance and audit readiness in construction accounting
Understand how ERP must integrate with field project management systems (e.g., Procore).
Strengthen NetSuite’s capabilities in: ASC 606 revenue recognition for construction, WIP schedules and financial transparency, Bonding and surety reporting requirements, Cash flow forecasting by project, Audit-ready financial controls
Ensure the solution meets regulatory and industry compliance expectations.
Identify capability gaps versus construction-focused systems (e.g., Procore, Sage Intacct Construction, Viewpoint).
Define where NetSuite should build, partner, or integrate.
Establish NetSuite’s point of view on ERP + AI for construction financial intelligence.
Define and drive AI-enabled construction use cases, including: Predictive cost overruns, Margin risk detection by project, Automated WIP variance analysis, Change order financial impact modeling, Cash flow risk forecasting
Lead through influence across Engineering, Sales, Marketing, and Customer Success.
Support strategic construction deals where product credibility is required.
Operate autonomously with limited oversight consistent with IC4 expectations.