Aggregate Spend & Transparency Lead

Philips • Malvern, PA

2d • $111,000 - $198,000 • Onsite

About The Position

As the Aggregate Spend & Transparency Lead, you will lead healthcare spend transparency reporting and transparency compliance for Philips in North America, ensuring timely, accurate, and complete aggregate spend reporting while shaping global strategies.
Though Malvern, PA is our preferred location (as this is where the hiring manager is located), we are open to considering applicants from Nashville, TN or Cambridge, MA.
Your role:
Own and manage the aggregate spend reporting process in North America, ensuring compliance with U.S. transparency regulations, including Open Payments (Sunshine Act).
Serve as an expert and leader in transparency reporting, working cross-functionally with Compliance, Legal, Finance, and IT to integrate and improve reporting systems. You will also, conduct data analysis and benchmarking, providing insights into Philips’ reporting and competitor trends to inform leadership decisions.
Monitor and interpret regulatory changes, ensuring Philips remains compliant with evolving laws and industry’s best practices. Additionally, you will develop and deliver training and communications to ensure employees and stakeholders understand and comply with transparency reporting requirements.
How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
This is an office role.
About Philips:
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody, everywhere, has access to the quality of healthcare that we all deserve. Do the work of your life to help improve the lives of others.
Learn more about our business.
Discover our rich and exciting history.
Learn more about our purpose.
Learn more about our culture.

Requirements

• 5+ years of experience in Aggregate Spend Compliance, including understanding of transparency reporting requirements (e.g., U.S. Sunshine Act, state-specific regulations, or international equivalents).
• Led aggregate spend programs or initiatives and are skilled in handling large data sets to extract key insights, as well as experience in regulatory analysis, reporting systems management, and cross-functional collaboration in a matrixed environment.
• Bachelor’s Degree in Finance, Business, Healthcare Administration, or a related field
• US work authorization is a precondition of employment.
• For this position, you must reside in or within commuting distance to Malvern, PA, Nashville, TN or Cambridge, MA.

Nice To Haves

• Master’s or certifications in compliance

Responsibilities

• Own and manage the aggregate spend reporting process in North America, ensuring compliance with U.S. transparency regulations, including Open Payments (Sunshine Act).
• Serve as an expert and leader in transparency reporting, working cross-functionally with Compliance, Legal, Finance, and IT to integrate and improve reporting systems.
• Conduct data analysis and benchmarking, providing insights into Philips’ reporting and competitor trends to inform leadership decisions.
• Monitor and interpret regulatory changes, ensuring Philips remains compliant with evolving laws and industry’s best practices.
• Develop and deliver training and communications to ensure employees and stakeholders understand and comply with transparency reporting requirements.

Benefits

• Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level