Principal Product Manager - Engineering & Construction

IFSItasca, IL
$200,000 - $225,000Hybrid

About The Position

Engineering & Construction is entering an era that is AI-enabled, data-driven, autonomous, and increasingly intelligent. This role sits at the center of that transformation. As a Product Manager for E&C, you will define and drive products that optimize operations, improve efficiency, and deliver measurable business impact for industrial customers. You will own the end-to-end product lifecycle, from discovery to adoption to scale, acting as the strategic bridge between customer needs, engineering execution, and commercial outcomes. Leading with a start-up mindset, you will set vision and direction, validate with customers and industry stakeholders, prioritize ruthlessly, and deliver scalable solutions aligned with IFS’s AI-first strategy.

Requirements

  • Proven experience (6+ years) in Product Management within SaaS, platform, or enterprise software environments.
  • Experienced and knowledgeable in the domain of Engineering & Construction, hands-on experience in the industry
  • Demonstrated ability to define and execute product strategy, vision, and measurable outcomes.
  • Hands-on experience in customer discovery, prototyping, and validating solutions.
  • Proven track record of launching and scaling products from concept to adoption, delivering measurable customer value.
  • Exceptional communication, stakeholder management, and prioritization skills.
  • Data-informed decision-making mindset, using analytics, experimentation, and evidence to guide direction.
  • AI-curious

Nice To Haves

  • Experience in developer platforms, application frameworks, data services, or AI/ML-enabled enterprise applications.
  • Prior exposure to commercial responsibilities such as pricing, monetization, or P&L ownership.
  • Experience working in global, distributed organizations and partnering across geographies.

Responsibilities

  • Define and execute a clear product vision and roadmap aligned with company strategy and measurable customer outcomes.
  • Identify high-impact opportunities through market, customer, competitive, and industry analysis.
  • Build strong investment cases focused on value creation, adoption, scalability, and differentiation.
  • Drive growth across core and AI revenue streams.
  • Align strategy across related products or components within the portfolio.
  • Lead end-to-end discovery with Research and Design.
  • Engage directly with customers to understand workflows, operational challenges, and desired outcomes.
  • Co-create and validate solutions with customers
  • Establish continuous feedback loops from discovery through to adoption.
  • Use qualitative and quantitative insights to refine direction and ensure ROI.
  • Ruthlessly prioritize based on measurable value.
  • Leverage AI/ML and automation to enhance operational decision-making and optimize workflows.
  • Lead functional prototyping and early validation to ensure feasibility and market fit.
  • Champion an AI-first mindset across Product, Design, and Engineering, ensuring AI is applied intentionally where it creates meaningful customer and commercial value.
  • Identify high-impact opportunities to embed AI into workflows, decision support, automation, and user experiences, not as a feature add-on, but as a core capability
  • Own the lifecycle from concept through launch and scale
  • Bridge functional, technical, and commercial requirements to ensure smooth transition from prototype to adopted product.
  • Clarify priorities, remove blockers, and drive measurable progress toward customer outcomes.
  • Maintain transparency and alignment across Engineering, Design, Product Marketing, Support, Sales, Go-to-Market and Customer Success.
  • Balance competing priorities while contributing to commercial performance and product P&L considerations
  • Define and communicate clear product differentiation and value proposition.
  • Contribute to pricing and packaging strategy to maximize growth and market impact.
  • Work with Product Marketing and GTM teams to ensure successful launches and strong market positioning
  • Personally support customer and partner presentations to drive credibility and adoption.
  • Own adoption as a core metric, ensuring delivered capabilities are intuitive, usable, and deliver real operational impact.

Benefits

  • Salary Range: $200,000 - $225,000 plus bonus
  • Flexible paid time off, including sick and holiday
  • Medical, dental, & vision insurance
  • 401K with Company contribution
  • Flexible spending accounts
  • Life insurance and disability benefits
  • Tuition assistance
  • Community involvement and volunteering events
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