Regional Commercial Finance Manager

Job Title

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 make 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

As a Regional Commercial Finance Manager, you will drive commercial process & compliance for the Personal Health business (India Sub-continent)

You are responsible for

• Having an in-depth understanding of customer expectations and Philips offering while guiding Sales on commercial terms




• Establish, implement, and maintain an effective control and follow up for Accounts Receivable from customer to achieve the AOP targets.




• Driving and reviewing the customer account reconciliation by closure of unreconciled items and analyzing the root causes for corrective actions.




• Regular communication for liaising & interacting with various regional sales& product managers.




• Partnering in driving commercial processes to minimize the risks.




• Ensure all commercial parameters set are adhered to improve the customer ROI and experience working with Philips.




• Drive LEAN and standardise best practices across channel/geographies.

  




• Distributor Management System compliance and audit of DMS data to certify the accuracy.




• Onboarding of customers, complete documentation and approvals, closure of non-operational accounts to maintain healthy portfolio.




• Support strategic decisions by means of sound business analysis (business modelling, opportunity & risk assessments, scenario analysis, etc.) and an “outside in” focus.




• Support execution of organizational and performance improvements by means of a convincing strategically aligned and solid factual plan as well as an understanding of market share and competitive position.




• Manage relationships with other finance pillars, gathering inputs and jointly ensuring financial control Key performance indicators.




• To advice on appropriate business action & response to changes in financial results, customer preferences and external factors.




• Responsible for SOX and ICS in Commercial area

You are a part of

You will be part of Philips India Limited Finance organization. You will report to the Director Finance – PH and work closely with the sales and other finance teams.

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

• 
  Degree from The Institute of Chartered Accountants of India
  




• SAP knowledge is mandatory




• At least 2 years of progressive work experience in area of regional commercial finance.




• Ability to work with Cross functional teams and influence colleagues outside own process domain

Looking to get Placed? Try our Placement Guarantee Plan

Get Hired



• Effective listening and communication skills, highly developed interpersonal skills.




• Proactive and hands on attitude, goal oriented and perseverant.




• Team oriented and process driven.




• Fluent communication skills in English (both oral and written) is required

In return, we offer youA 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.

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.
Hybrid work flexibility means people can meet the changing demands of work and home in the most balanced, productive, and healthy way.

Our hybrid working model is defined in 3 ways:
We believe in the importance of impactful collaboration: There's a certain energy when everyone’s in the same room that can heighten idea generation and creative friction needed for problem-solving.
We embrace flexibility: Choosing where, when and how to work can vary according to task and team schedules. Flexibility isn’t office or online, it means choosing the space that works best for you, your teams and our customers on a case-by-case basis.
We want to be at our best: The way we work and our workspaces are designed to support our well-being, offer career advancement opportunities, and enable us to be at our best.

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. Ultimately creating a career that no one could have planned for. Even you.

#LI-PHILIN