Manager Finance, Ultrasound & EI (Cambridge, MA)

Philips•Cambridge, MA

1d•Hybrid

About The Position

The Manager Finance, Ultrasound & Enterprise Informa, is responsible for partnering with the Finance Business Partner and business leaders to deliver on the business’s financial objectives and commitments across the Commercial Market/Country. This commercially focused role monitors financial performance, analyzes results and defines corrective actions. The role supports strategic and tactical planning as well as annual and quarterly financial forecasts. Additionally, you will evaluate and shape commercial opportunities to ensure profitable growth and maintain compliance with financial policies and procedures.

Requirements

5+ years and a Bachelor’s degree or 3+ years with Masters’ degree in areas such as Business Partnering, Corporate Finance, Financial Planning and Analysis or equivalent.
Progressively relevant finance experience gained in a large multinational environment or the Big 4 (EY, Deloitte, KPMG or PWC), highly preferred.
Commercial background (required)
Ability to partner with management at all levels
Ability to lead major projects and initiatives
Intellectual capacity to digest complex information, see trends & analysis through data
Ability to balance speed and accuracy, while working with multiple internal and external stakeholders to prepare deliverables.
Bachelor’s degree or Master’s degree in Finance, Economics, Business Administration, Accounting or equivalent.
Strong communicator and collaborator who works effectively across matrix organizations.
Analytical thinking with the ability to lead actionable growth opportunities and pragmatic approach to problem solving.

Responsibilities

Support the financial planning and analysis of the North America commercial operations of two business units - Ultrasound (ULS) and Enterprise Informatics (EI). This entails supporting development of the annual operating plan, quarterly forecasts and financial business cases.
Work cross-functionally to analyze the results and build forecasts, understanding the financial risks, mitigation strategies and, to identify opportunities.
Provide financial insights and guidance to enable leadership to drive profitable growth.
Support profitability through detailed planning and tracking of cost drivers (headcount, incentives, allocated costs) and through identifying variances and taking actions to mitigate unfavorable impacts.
Drives continuous improvement of financial processes, tools, and systems by identifying gaps and contributing to cross-functional initiatives.
Ensures adherence to internal controls, corporate governance policies, and regulatory requirements, while identifying areas for improvement in financial practices.
Supports the structuring of commercial opportunities and the evaluation of proposals to ensure profitability targets are achieved.
Collaborates closely with Contracts, Legal and business leadership to shape the financial terms and conditions of commercial agreements.
Evaluates commercial proposals (commercial quote reviews) for financial profitability and collaborates with the sales and contracting teams to ensure agreements protect Philips’ interests (finance terms & conditions).
Collaborate closely with Financial Planning & Analysis (FP&A) and Accounting to ensure the accuracy and completeness of financial reporting, evaluate financial results and build reporting presentations.
Supports the design and execution of complex financial models to assess strategic options such as market entry, while partnering on cross-functional initiatives, ensuring financial goals are integrated into broader business strategies.