[Hiring] Global Cost Analyst @Philips

Role Description

The Global Cost Analyst is responsible for leading financial planning for assigned business units or markets, including budgeting, forecasting, and strategic planning to ensure alignment with corporate objectives. In this role, you will conduct complex financial analyses, such as profitability and ROI assessments, to inform high-impact decisions and improve financial performance, as well as act as a strategic advisor to business leaders, providing financial insights to shape business strategy, with limited supervision. In addition, it also evaluates investment business cases, monitors financial health, ensures compliance with internal controls, and leads initiatives to improve financial processes and systems.

This temporary project-based position will support assigned work until no later than October 29, 2027.

• Leads the financial planning process for assigned business units, including budgeting, forecasting, and long-term strategic planning.
• Conducts complex financial analysis, such as profitability analysis, margin analysis, and ROI assessments.
• Acts as a trusted advisor to business leaders by providing strategic financial insights and recommendations.
• Collaborates with cross-functional teams to evaluate the financial impact of business initiatives.
• Contributes to the monthly business review process by coordinating the preparation of financial materials.
• Evaluates investment business cases, ensuring that all financial assumptions are rigorous.
• Ensures compliance with internal controls, corporate policies, and regulatory requirements.
• Leads or participates in initiatives to improve financial processes and systems.

Qualifications

• 2+ years of experience with a Bachelor's in areas such as Business Partnering, Corporate Finance, Accounting Operations, Financial Planning and Analysis, or equivalent.
• No prior experience required with a Master's Degree.
• Ability to work with limited supervision and broad guidelines.
• Experience in monitoring financial health of assigned business units.
• Bachelor's / Master's Degree in Finance, Economics, Business Administration, Accounting, or equivalent.

Requirements

• Ability to successfully perform minimum Physical, Cognitive, and Environmental job requirements with or without accommodation.

Benefits

• Pay range: $97,000 to $154,000.
• Annual incentive bonus, sales commission, or long-term incentives may be offered.
• Eligible to participate in Philips Total Rewards benefits program, including:
• Generous PTO
• 401k (up to 7% match)
• HSA (with company contribution)
• Stock purchase plan
• Education reimbursement
• Much more

Company Description

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 improve the lives of others.