Philips Finance Business Partner in Cambridge, Massachusetts

Finance Business Partner Role that is focused on the Enterprise Imaging, part of Healthcare IT, and the Software Customer Service (SCS) groups. Support SCS in implementing financial reviews, controls and checks and balances. Support strategic decisions by means of sound business analysis (bus. modeling, opportunity & risk assessments, scenario analysis, etc.) and an “outside in” focus. Drives and executes organizational and performance improvements by means of a convincing strategically aligned and solid factual plan as well as an understanding of market share and competitive position. Monitors the financial position of the BU's product families. Identifies risks and opportunities to current financial projections and takes corrective actions where needed (e.g., margin improvement). Coordinate and leads the BU’s Monthly Business Review Meeting, RoFo and AOP reviews, reports and analysis across his/her BU.

  • Business Partner that partners with the leadership teams and is involved in all strategic decision making with financial impact. Primary focus is Enterprise Imaging and Software Customer Service.

  • Drive business performance by identifying and tracking savings and growth opportunities, together with the Business Unit teams and the Markets.

  • Review and approve business cases for investments and large managed service deals and make sure they support the long-term financial goals of the company.

  • Support the EI-CI and HIT controller in ad-hoc analysis or project work.

  • Drive the quarterly and annual forecast cycles for the controllable cost, together with FP&A.

  • Drive the monthly and quarterly reporting cycle for MPRs, together with FP&A.

  • Automate and simplify all forecasting models and reporting models and outsource to FP&A.

  • Control the R&D costs; forecast and review spend, capitalization and amortization, together with the R&D leadership team.

  • Ensure business integrity with adherence to FCPA and GBP in cooperation with HR and Legal.

  • Ensure the accurateness of the balance sheet by doing annual impairment tests on development assets and monthly BS reviews with the Accounting Ops for Foster City, Andover and Best.

What we are looking for:-

  • Minimum of 5-7 years of overall professional experience.

  • Minimum of Masters Degree, ideally with MBA or related degree.

  • Results driven candidate that has problem solving skills and sound business decision making skills.

  • Profound understanding and ability to translate financial concepts and accounting principles (IFRS), such as, revenue recognition, capitalization and amortization rules.

  • Excellent emotional intelligence with superior interpersonal, listening and communication skills.

  • Excellent analytics skills, excel modeling skills and understanding of financial systems.

Philips is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex (including pregnancy), sexual orientation, gender identity, national origin, genetic information, creed, citizenship, disability, protected veteran or marital status.

As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.

#LI-AV1