Finance Business Partner, PH ASEAN

Job Title

Job Description

Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow.

But it’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common: An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions – the kind that makes a real difference – when it matters most.

The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever-evolving health and well-being needs.

In this role, you have the opportunity to make life better

Looking at the challenges the world is facing today, Philips’ purpose has never been more relevant. So whatever your role, if you share our passion for helping others, you’ll be working towards creating a better and fairer future for all.

You are responsible for

• Sign off the financials of the commercial organization.
• Responsible for the strategic and operational planning process.
• Drive decisions on sales channels, ROI, investments in Market Share, (turn-key) project assessments, and support in financing solutions.
• Responsible for BMC / performance cockpit and drives the delivery of the business and financial plans.
• Drive analysis of business performance: sales, pricing, margin, credit management, and costs (incl. Marcom spend).
• Identifying, addressing, and tracking business issues.
• Business integrity: adherence to FCPA and GBP in cooperation with Legal & HR.
• Enabling functions supervisory responsibility: control actual expenses, recharge hosted heads ensuring SLA structure is in place, performing true-ups according to contractual agreements, planning future costs, and preparing tax backup documentation for external costs.
• LSP controller capabilities: optimal funding and financial risk assessment (sensitivity analysis, cost/benefit analysis, net present value calculations), project accounting understanding, knowledge of tax implications of different financing solutions, contract law basic knowledge.
• When Philips' presence is too small, BP acts as finance manager for the location covering internal control and financial and statutory responsibility, supply chain management, representation role to 3rd parties: fiscal, auditors, customers, and suppliers.
• Contribute to regional and country Finance teams to enhance performance.
• To drive and grow business value in the market by setting and achieving financial and strategic targets.
• To own and manage the strategic and operational (business / financial) planning process and performance management within the commercial organization and drive for the delivery of the committed result.

You will be part of the APAC Finance Organization managing Personal Health business.

To succeed in this role, you’ll need a customer-first attitude and the following

• Experience in achieving financial targets of Annual Operating Budgets.
• Good understanding of various facets of the Finance function spectrum.
• Strong Business Partnering and Stakeholder management experience.
• Experience in complex matrix organizations will be an advantage.
• Bachelor's Degree in Business or Finance.

How we work at Philips
Our newly-adopted hybrid work concept fuses flexibility with collaboration to deliver great outcomes for our people and our customers. We are embracing an approach wherein we spend more time together than apart – which for full-time employees translates to an average of at least 3 days working from the office and up to 2 days from home – for our hybrid roles.

Why should you join Philips?

Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year.