Finance Business Partner Hs and S&rc

1 week ago

Gurgaon, Haryana, India Philips Full time

Job Title:
Finance Business Partner HS and S&RC


Focus on being a business partner for the Market
HS and S&RC leaders and part of the respective Management Team, ensuring financially sound (strategic) decision making and driving financial performance (P&L accountability) for
Health System & Sleep and Respiratory Care.

To ensure financially sound decision making to deliver meaningful interpretation and decision support based on services and analytics from FP&A resources.


Job title:
Finance Business Partner HS and S&RC**
Finance at Philips
As a finance function, we are recognized for driving and accelerating value creation for Philips.

Our mission is to be a better, smarter, and sharper finance function, focused on developing our partnerships, our people, and our operational excellence.

We wish to maintain our robust performance and significant contribution to the organization.

We bring value by improving our financial processes and tools so that we can deliver financial services faster and better.

"Quality First" will be the critical enabler to reach our goals.

The aim is to DRIVE quality and to simplify our five main Hoshin objectives for Finance as
Digital,
Right first time,
Integration,
Value creation, and
Engagement.


The finance work is organized around five domains, including Business Partnering (BP), Financial Planning and Analysis (FP&A), Accounting Operations (Acc.

Ops), Accounting, Reporting and Internal Control (ARIC), and Group Functions, consisting of Tax, Treasury, Investor relations, Internal Audit, M&A, Philips Capital.


You are responsible for

  • To drive growth by setting and achieving financial and strategic targets.
  • To own and manage the strategic & operational (business/financial) planning process (AOP & RoFo) and performance management with the relevant organization and drive for the delivery of the committed results.
  • To ensure appropriate business action & response to changes in financial results, customer preferences and external factors.
  • To drive functional cost towards benchmark levels.
  • Participate in market Health System & Sleep and Respiratory Care MT and drive strategy development and financially sound business decision making with financial analysis, strategy modeling and portfolio management.
  • Ensure correct and timely statutory and fiscal reporting.
  • Ensure optimal funding and financial risk management.
  • Ensure strong and efficient internal control environment.
  • Execute Business and Marketing strategy.
  • Drive financial performance (P&L resp., Mkt. share, growth & profitability).
  • Ensure divestments / investments and M&A transactions in the country/market, including disentanglement / integration.
  • Ensure efficient cross functional infrastructure, engagement and processes are in place (AccOps, fiscal, Supply Chain, IMS, Real Estate / Facilities etc)
  • Manage and develop the finance organization (incl. HR responsibility).

To succeed in this role, you should have the following skills and experience.
-
Chartered Accountant, MBA Finance from a premier institute

  • 15+ years of progressive work experience in area of Business Finance with large MNC
  • Balanced financial experience, including FP&A, A&IC, Commercial and prior business decision support; knowledge of FCPA, GBP.
  • Progressive experience in business and staff management roles.


 Preferred
  • Experience in M&A (valuation, due diligence, integration, and disentanglement).
  • Strong business orientation ability to understand and explain business results and translate into financial consequences.
  • Strong analytical and communication skills; ability to represent the company in front of customers, industry organizations.
  • Functional competencies:
  • Business Acumen
  • Driving Business Value & Performance
  • Influencing Business Decisions
  • Business Strategy Modeling and Portfolio Management
  • Investment Value Creation

In return, we offer you
A meaningful career, with new challenges in our dynamic organization, working in an encouraging multinational and multicultural environment. We are happy to provide you with this opportunity to work with new technologies. You will be surrounded by passionate and committed, colleagues who share your ambition to create outstanding customer experiences. Your work will be ambitious and full of opportunities for growth. Variety and challenge will be part of your daily routines.

Our commitment to inclusion and diversity


At Philips, we provide equal opportunities to all our employees and to all eligible applicants for employment in our company, irrespective of age, color, disability, nationality, race, religion, gender, sexual orientation (LGBTQ +), and all aspects that make individuals unique.

Encouraging diversity and fostering inclusion are key to our mission of improving the lives of 2.5 billion people a year by 2030 through meaningful innovation.

We have fair, transparent, and clear employee policies which promo

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