Aggregate Spend & Transparency Lead

1 Month ago • 5 Years + • $113,400 PA - $151,200 PA

Job Summary

Job Description

The Aggregate Spend & Transparency Lead will be responsible for leading healthcare spend transparency reporting and compliance for Philips in North America. This includes ensuring accurate and timely reporting, shaping global strategies, working cross-functionally with various departments, conducting data analysis, monitoring regulatory changes, and developing training. The role requires expertise in transparency reporting and the ability to manage large datasets. The position is office-based and requires a presence at least 3 days a week. This role is crucial for maintaining compliance with U.S. transparency regulations.
Must have:
  • 5+ years of experience in Aggregate Spend Compliance.
  • Experience with U.S. Sunshine Act and related regulations.
  • Experience leading aggregate spend programs or initiatives.
  • Bachelor’s degree in a related field.
Perks:
  • Generous PTO
  • 401k (up to 7% match)
  • HSA (with company contribution)
  • Stock purchase plan
  • Education reimbursement

Job Details

Job Title

Aggregate Spend & Transparency Lead

Job Description

Aggregate Spend & Transparency Lead:

Lead healthcare spend transparency reporting and transparency compliance for Philips in North America, ensuring timely, accurate, and complete aggregate spend reporting while shaping global strategies.

Your role:

  • Own and manage the aggregate spend reporting process in North America, ensuring compliance with U.S. transparency regulations, including Open Payments (Sunshine Act).

  • Serve as an expert and leader in transparency reporting, working cross-functionally with Compliance, Legal, Finance, and IT to integrate and improve reporting systems.

  • Conduct data analysis and benchmarking, providing insights into Philips’ reporting and competitor trends to inform leadership decisions.

  • Monitor and interpret regulatory changes, ensuring Philips remains compliant with evolving laws and industry’s best practices.

  • Develop and deliver training and communications to ensure employees and stakeholders understand and comply with transparency reporting requirements.

You're the right fit if:

  • You have 5+ years of experience in Aggregate Spend Compliance, including understanding of transparency reporting requirements (e.g., U.S. Sunshine Act, state-specific regulations, or international equivalents).

  • You have led aggregate spend programs or initiatives and are skilled in handling large data sets to extract key insights.

  • Your skills include regulatory analysis, reporting systems management, and cross-functional collaboration in a matrixed environment.

  • You hold a bachelor’s degree in Finance, Business, Healthcare Administration, or a related field (Master’s or certifications in compliance are a plus).

  • You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position

How we work together

We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

This is an office role.

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 of healthcare that we all deserve. Do the work of your life to help improve the lives of others.

Philips Transparency Details

The pay range for this position in Cambridge, MA and Stamford, CT is $113,400 to $151,200

The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.    

In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered.  Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more.  Details about our benefits can be found here

At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case. 

Additional Information

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

Company relocation benefits will not be provided for this position.  For this position, you must reside in or within commuting distance to Stamford, CT or Cambridge, MA.

This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates.  Interested candidates are encouraged to apply as soon as possible to ensure consideration.

Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.

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About The Company

At Philips, we believe that every human matters. As a global health-tech leader, we focus on improving people’s health and wellbeing through meaningful innovation. The people who work here share our passion and are motivated to bring this purpose to life.For more than 130 years, we have been creating technologies and innovations that improve people's lives and support healthcare practitioners. Headquartered in the Netherlands and operating in more than 100 countries globally, we focus our advanced technology and deep clinical and consumer insights on Precision Diagnosis, Image Guided Therapy, Enterprise Informatics, Monitoring/ Connected Care, Sleep & Respiratory Care and Personal Health.Together, we deliver better care for more people because we believe that every human matters.

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