Job title:
Finance Business Partner
Your role:
• Leads the financial planning process for assigned business units, including budgeting, forecasting, and long-term strategic planning, ensuring that all financial plans are aligned with corporate objectives and provide a clear roadmap for achieving financial targets.
• Conducts complex financial analysis, such as profitability analysis, margin analysis, and ROI assessments, to support high-impact business decisions and drive continuous improvement in financial performance.
• Works with limited supervision and broad guidelines, regularly applying independent judgment on matters of significance to drive project success and compliance.
• Acts as a trusted advisor to business leaders by providing strategic financial insights and recommendations, helping to shape business strategies and ensure that financial considerations are fully integrated into decision-making processes.
• Collaborates with cross-functional teams to evaluate the financial impact of business initiatives, such as product launches, market expansions, and cost-reduction programs, ensuring that financial risks and opportunities are fully understood and with compliance to financial accounting principles.
• Contributes to the monthly business review process by coordinating the preparation of financial materials, leading discussions on financial performance, and identifying actions needed to achieve financial goals.
• Evaluates investment business cases, including capital expenditures, R&D projects, and strategic marketing initiatives, ensuring that all financial assumptions are rigorous and that potential returns are aligned with the company's strategic priorities.
• Monitors the financial health of assigned business units by tracking key performance indicators, identifying emerging risks and opportunities, and working with business leaders to develop and implement corrective actions.
• Ensures compliance with internal controls, corporate policies, and regulatory requirements by supporting financial processes, maintaining accurate records, and supporting internal and external audits as needed.
• Leads or participates in initiatives to improve financial processes and systems, identifying opportunities for increased efficiency, accuracy, and effectiveness in financial planning, reporting, and analysis activities.
You're the right fit if:
1. Bachelor's / Master's Degree in Finance, Economics, Business Administration, Accounting or equivalent.
2. Minimum 4 years of experience with Bachelor's in areas such as Business Partnering, Corporate Finance, Accounting Operations, Financial Planning and Analysis or equivalent OR no prior experience required with Master's Degree.
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.
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 healthcare that we all deserve. Do the work of your life to help the lives of others.
• Learn more about our business.
• Discover our rich and exciting history.
• Learn more about our purpose.
If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here.