Aggregate Spend & Transparency Lead

PhilipsNashville, PA
1d$111,000 - $198,000Onsite

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.

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.
  • 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 are a plus

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

  • generous PTO
  • 401k (up to 7% match)
  • HSA (with company contribution)
  • stock purchase plan
  • education reimbursement
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