Job description
Job Title
Finance Sr Manager, FP&AJob Description
Effective Tuesday, January 4, 2022, all U.S.-based employees are required to be fully vaccinated against COVID as a condition of employment at Philips*. Employees may request a reasonable accommodation. *Montana employees are currently excluded from this requirement at this time.
If you are a Colorado resident and this role is a field-based or remote role, you may be eligible to receive additional information about the compensation and benefits for this role, which we will provide upon request. You may contact 888-367-7223, option 5, for assistance.
Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow.
But it’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common: An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions – the kind that make a real difference – when it matters most.
The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.
In this role, you have the opportunity to make life better
Looking at the challenges the world is facing today Philips’ purpose has never been more relevant. So, whatever your role, if you share our passion for helping others, you’ll be working towards creating a better and fairer future for all.
Lead the Philips NAM Commercial FP&A Health Systems processes and work closely together with the Health Systems Equipment Head of Finance and other members of the North America Finance team, to achieve financial goals of the market.
You are responsible for
- Leading Health Systems North America Commercial FP&A Sales & OIT processes and deliverables.
- Working proactively together with the Business Partners and wider Finance organization to deliver reporting, analysis, insights and plans.
- Providing in-depth business insights by forward-looking analysis, and by translating variances in financial and non-financial KPIs for Market and BMCs into actions
- Visualizing and storytelling of variances in Actuals / FC / AOP towards NAM CFO and FP&A Commercial Group.
- Initiating and leading process improvement and embedding Digital tools into the NAM market.
- Mentoring and coaching the FP&A analyst in charge in Health Systems OIT and Sales.
- Building an internal network with Market Heads of Finance, other Finance pillars, other functions and the E2E community
- Collaborating with other members of the North America Finance staff, to achieve financial goals of the market.
- Deploying and working effectively with global standard tools, and represent adequately requirements for the NAM markets for any new FP&A developments.
- Making sure that changes in the business are properly reflected into reporting systems.
- Initiating and designing FP&A processes within a domain or region
- Initiating the harmonization of reporting, (scenario) analysis, financial planning process, business cases and continuous process improvements.
You are part of
The Philips North America (NAM) FP&A team of 13 finance professionals across multiple sites and geographi,es. In this role you report to the Philips NAM FP&A Commercial lead.
To succeed in this role, you’ll need a customer-first attitude and the following
- A minimum of 7 years of progressive experience and roles in Finance, FP&A, financial control, management reporting and analysis, preferably within an international environment.
- Bachelor or Master’s degree in a Business Economics, Finance and/or Accounting orientated study.
- Post-graduate qualification like MBA, MSc, CFA, CPA, CMA preferred.
- Proven depth of end-to end business knowledge, financial analytics and strategic insight.
- Experience in coaching, mentoring and day to day operational oversight of team members.
- Proven ability to marry financial constructs with business knowledge and to partner with general management and functional teams.
- Intellectual capacity to digest complex information, see trends and analysis through data and translate this into concrete actions.
- A change agent, who initiates, coaches and directs Finance staff teams and stakeholders to or through change, through effective communication and leadership techniques.
- Curious mindset, with excellent communication skills.
- Advanced technical skills in Excel, Digital Data Analytics Tools experience (e.g. PowerBI, Tableau) ERP (SAP preferred), and PowerPoint.
- Experience in lean techniques, from root cause analysis to development and implementation of sustainable countermeasures.
- Ability to balance speed and accuracy.
- Willing to take ownership and lead transformation initiatives, rallying stakeholders, onshore and offshore team and customers in the journey.
In return, we offer you
The position is viewed as an exciting assignment and an ideal stepping stone towards senior roles in the organization. We will support your personal and professional development with the opportunity to further advance your career in a company that believes in offering its employees the challenges and opportunities they need to grow professionally and personally. We welcome you to a challenging, innovative environment with great opportunities for you to explore.
U.S. work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa.
Company relocation benefits will not be provided for this position. For this position, you will reside in or within commuting distance to Cambridge, MA.
How we work at Philips
Our newly adopted hybrid work concept fuses flexibility with collaboration to deliver great outcomes for our people and our customers. We are embracing an approach wherein we spend more time together than apart – which for full-time employees translates to an average of at least 3 days working from the office and up to 2 days from home – for our hybrid roles.
Hybrid work flexibility means people can meet the changing demands of work and home in the most balanced, productive, and healthy way.
Our hybrid working model is defined in 3 ways:
We believe in the importance of impactful collaboration: There's a certain energy when everyone’s in the same room that can heighten idea generation and creative friction needed for problem-solving.
We embrace flexibility: Choosing where, when, and how to work can vary according to task and team schedules. Flexibility isn’t office or online, it means choosing the space that works best for you, your teams, and our customers on a case-by-case basis.
We want to be at our best: The way we work, and our workspaces are designed to support our well-being, offer career advancement opportunities, and enable us to be at our best.
Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year. Ultimately creating a career that no one could have planned for. Even you.
Visit our careers website to explore what it’s like working at Philips, read stories from our employee blog, find information about our recruitment process and answers to some frequently asked questions.
#LI-PH1
Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.
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