Philips Finance Business Partner DCP in Best, Netherlands

The Finance BP responsibility is to co-manage the Neuro business, industry operations and innovation portfolio and support strategic decisions by means of sound business analysis (bus. modeling, opportunity & risk assessments, scenario analysis, etc.)

• Drive and execute 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.

• Monitor the financial position of the Business, Industry operations and Innovation activities. Identifies risks and opportunities to current financial projections and takes corrective actions where needed (e.g., margin improvement, cost improvements, productivity improvement).

• Coordinate and leads the Monthly Business Review Meeting, RoFo and AOP reviews, reports and analysis.

• Conduct investment business case reviews (e.g. marketing programs, R&D expenses, Capex)

• Manage relationships with other finance pillars, gathering inputs and jointly ensuring financial control

• Business integrity: adherence to FCPA, GBP, revenue recognition. Monitors and controls functional processes and their execution for ICS/SOX compliance. Maintains proper financial documentation

• In case of acquisitions: Oversee financial integration and drive acquisition toward attainment of ROIC goals as identified in the RFA.

Your Challenge

As Finance Business Partner of a fast growing business in Business Group Emerging Businesses in Philips, you will be challenged to drive the creation of value, financial integration and financially sound business decision making in a business group that will be of great influence for the future of Philips. You will partner with the management team, support in organic and inorganic growth together with the Leadership team of the business group to enable fast growth in the next few years to support the BG to grow to the next maturity level.

Your Responsibilities

Objective of the role

Collaborate with the Business Leader and Management team, review business plans, challenge assumptions, steer investments and create business opportunities internationally. You will be instrumental in securing continued value creation in one of the emerging businesses within Philips through winning in a competitive market. In addition you capture the value and synergies of newly acquired business and support growing the portfolio as required.

The business partner for Finance ensures results are delivered and the organization is sustainably integrated in the global Philips network. Being the central coordination and escalation point for all Finance related topics, you will have direct responsibility to coordinate and manage all these activities for the business.

Role description

The Finance Business Partner’s (BP) responsibility is to design and execute the agreed plan for the business and the Finance function. He/she works closely with the relevant levels and functions across the organization.

As Business partner, you drive long-term value creation of the Business:

  • Preparation of long term Business and Segment P&L for annual Strategic Review.

  • Development of long-term growth plans, including value spaces, new propositions and marketing strategies.

  • Long-term margin management: portfolio management (price/mix, product cost price development, impact of industrial footprint impact, underpinned by business cases).

  • Long term resource requirements in Sales & Marketing, Innovation, Advertising, Insource vs Outsource, Capital Expenditures.

Monitor current business performance and drive corrective actions:

  • Monitor performance of product Business, sub-categories and key countries and advise on key business decisions.

  • Translate Strategic Plans into Annual Operational Plans.

  • Challenge and optimize project business cases with follow up via post calculations.

  • Alignment on and achievement of growth, Integral Gross Margins (iGM) and Integral Sales Margins (iSM) targets within Business Market Combinations

  • Contribute to the preparation of rolling forecasts.

  • Manage central spending.

  • Monitor costs prices and industrial results and support value-engineering initiatives (insource vs outsource).

  • Review Fair Value assessments of Business assets

  • Identifies, plans, implements and controls finance and accounting integration work.

  • Develops Finance Workstream charter (scope, deliverables, resources, actions).

  • Identifies & informs about issues; takes corrective actions where needed.

  • Enables measurement & reporting of synergy benefits and integration KPIs.

  • Reports (hierarchically) to Head of Finance of BG Emerging Businesses on financial status, progress, risks, issues, blockages and dependencies.

  • Reports operationally to the GM of the business and participates in the MT of the business.

Your profile


  • Balance value generation with process orientation. Needs to work on both delivering on or excelling above agreed value generation targets while at the same time ensuring a smooth integration using a process orientation. Specific focus will be on business planning, business case preparation and decision support.

  • Work with both CEO of the business and CFO of the business group. Needs to bridge reality of acquired business with vision of acquiring business and develop shared vision and integration strategy with acquired CEO, Philips business CEO / CFO.

  • Deal with uncertainty. Needs to balance the need for certainty with the need for action. Need to be comfortable with complexity and ambiguity and willing to make difficult decisions without complete information and act according to PDCA (plan, do, check, and act).

  • Every acquisition brings a unique business culture. Needs to appreciate (organizational) cultural differences and different management practices, utilize optimum change management methods, and define way forward as part of Philips.

  • Complexity: Needs to be able to work in an effective and impactful way in complex governance models and matrix organization at both Philips and if applicable at acquired business. Can bridge and connect acquired company with applicable resources within Philips organization.

Your Skills and Experiences

  • Solid Philips finance knowledge.

  • Strong process expertise.

  • Inspiring leadership skills: inspiring commitment through communication and interpersonal skills

  • Diplomatic and influencing skills in cross-cultural context; sensitive to (organizational) cultural differences.

  • Strong cross-functional consultative skills

  • Customer orientation

  • Integration experience is considered an asset

  • Having the ability to keep a helicopter view as well as a detailed understanding of the different functional and business (or work stream) issues.

Your Team

The Business Group Emerging Businesses, part of Philips HealthTech, marks the importance of new business creation while aiming to accelerate growth by providing more business development capacity. The Business Group Emerging Businesses will pursue selected new health-related business opportunities supporting us in our goal to boost growth and capture a higher share of the € 100 billion plus opportunity within the Health Technology markets.

Currently, the BG marks a portfolio of two key emerging businesses, being Neurology and Digital & Computational Pathology, at different stages of maturity. It is an end-to-end organizational model with a global footprint. The majority of employees is currently in The Netherlands. The Business Group targets at a very rapid growth with an aggressive go-to-market entry strategy.

Digital & Computational Pathology (DCP) is an internally developed business, which strengthens the integrated oncology space via digitization of the pathology workflow. DCP is a Netherlands-based entity that designs, develops and commercializes a range of non-invasive technologies. The portfolio exists of scanners, software and computational models that enables converting every cancer primary diagnosis (PDx) in Anatomic Pathology worldwide into a digital diagnosis. This complement Philips’ existing portfolio of imaging technologies (e.g. IGT, CT, other) and brings multi-model intelligence together to address the oncology space.

Our offer

We welcome you to a challenging, innovative environment with great opportunities for you to explore. Our benefits are very competitive and designed around your preferences:

  • 25 Days of leave and the possibility to purchase up to 20 extra days off annually

  • A variable bonus based on both Philips results and personal performance

  • Extensive set of tools to drive your career, such as a personal development budget, free training and coaching

  • Solid company pension scheme and attractive collective health insurance package

  • Opportunity to buy Philips shares and products with discount

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 improving 3 billion lives a year by delivering innovative solutions across the health continuum at . Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways.

To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page at on our career website, where you can read stories from our employee blog at . Once there, you can also learn about our recruitment process at , or find answers to some of the frequently asked questions at .