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Senior Manager -LSP Financial Performance (Cambridge, MA - Hybrid)

Company: Philips
Location: Cambridge
Posted on: May 9, 2024

Job Description:

Work with the NAM Business Development Team to develop complex customer arrangements and ensure Philips financial and accounting requirements are achieved. Act as a trusted resource for internal evaluation of the profitability of these customer arrangements. Be the primary finance representative in customer contracting and negotiations.

Your role

Oversee and manage the financial aspects of assigned customers in the post-sale (delivery) phase including operationalizing the contract in CRM tool, monthly/annual invoicing and true ups and maintaining and updating the financial models.

Work closely with Accounting to ensure Philips books are complete and accurate based on activity of assigned customers.

Work closely with the cross-functional leads to ensure operational readiness with each partnership.

Partner with Philips Capital to manage balance sheet exposure of assigned contracts

Prepare and distribute financial reporting packages to customers on a regular cadence.

Act as the Philips Finance representative for partnerships.

Be able to construct and articulate the enterprise-wide financial view when new business opportunities are presented.

Ensure the agreements are properly executed from an external Audit perspective.

You're the right fit if

10+ years of proven and well-rounded finance experience, covering a full range of finance fields

University degree in Business, Economics, Finance, or Accounting; MBA or other advanced degree required

Strong eye for business, able to understand and explain the impact of (market) developments on business results and then translate into financial consequences

Success in a global, quickly transforming environment

Driving decision making in fast-paced international environments.

Good understanding of tools and systems (EFR, VIPP) Knowledge and adherence of FCPA, GBP, ICS/SOX

Good analytical skills and convincing communication skills: the ability to represent the Business across other BG's and functions

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 commitment to diversity and inclusion here.



It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person's relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.

As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.

Equal Employment and Opportunity Employer/Disabled/Veteran

Keywords: Philips, Cambridge , Senior Manager -LSP Financial Performance (Cambridge, MA - Hybrid), Accounting, Auditing , Cambridge, Massachusetts

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