Finance Business Partner (Mississauga, Canada)

Job Title

Finance Business Partner (Mississauga, Canada)

Job Description

The Finance Business Partner leads financial planning for assigned business units or markets, including budgeting, forecasting, and strategic planning to ensure alignment with corporate objectives. The role conducts complex financial analyses, such as profitability and ROI assessments, to inform high-impact decisions and improve financial performance. The role acts as a strategic advisor to business leaders, providing financial insights to shape business strategy, with limited supervision. The role also evaluates investment business cases, monitors financial health, ensures compliance with internal controls, and leads initiatives to improve financial processes and systems.

Your role:

• Lead the financial planning process for assigned business units, including budgeting, forecasting, and long-term strategic planning, ensuring that all financial plans are aligned with corporate objectives and provide a clear roadmap for achieving financial targets. You will conduct complex financial analysis, such as profitability analysis, margin analysis, and ROI assessments, to support high-impact business decisions and drive continuous improvement in financial performance. You will have the ability to work with limited supervision and broad guidelines, regularly applying independent judgment on matters of significance to drive project success and compliance.

• Act as a trusted advisor to business leaders by providing strategic financial insights and recommendations, helping to shape business strategies and ensure that financial considerations are fully integrated into decision-making processes, as well as collaborate with cross-functional teams to evaluate the financial impact of business initiatives, such as product launches, market expansions, and cost-reduction programs, ensuring that financial risks and opportunities are fully understood and with compliance to financial accounting principles. Additionally, you will contribute to the monthly business review process by coordinating the preparation of financial materials, leading discussions on financial performance, and identifying actions needed to achieve financial goals, while evaluating investment business cases, including strategic marketing initiatives, ensuring that all financial assumptions are rigorous and that potential returns are aligned with the company's strategic priorities.

• Monitor the financial health of assigned business units by tracking key performance indicators, identifying emerging risks and opportunities, and working with business leaders to develop and implement corrective actions, while ensuring compliance with internal controls, corporate policies, and regulatory requirements by supporting financial processes, maintaining accurate records, and supporting internal and external audits as needed. Also, lead or participate in initiatives to improve financial processes and systems, identifying opportunities for increased efficiency, accuracy, and effectiveness in financial planning, reporting, and analysis activities.

You are the right fit if:

• You’ve acquired 5+ years of experience with Bachelor's in areas such as Business Partnering, Corporate Finance, Accounting Operations, Financial Planning and Analysis or equivalent OR 2+ years of experience with Master's Degree.

• Your skills include Data Entry, Financial Modeling, FP&A, Forecasting, Reporting, Risk Management, Advanced Excel skills and Continuous Improvement. You also bring experience in Strategy Implementation and Development, Investment Planning, Corporate Finance, and Budget Management. With strong commercial acumen and a focus on building effective stakeholder partnerships, you support smart financial decisions and help drive business success.

• You have a Bachelor's / Master's Degree in Finance, Economics, Business Administration, Accounting or equivalent.

• You’re a good communicator who works effectively across matrix organizations, also possesses analytical thinking with the ability to problem-solve, observes trends & analysis through data, ability to balance work with speed and accuracy, while working with multiple internal and external stakeholders to prepare deliverables.

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.

Philips Transparency Details

The pay range for this position in Mississauga, Canada is $70,000 to $110,000.

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, DC Pension, Flex Dollars (for HSA/PSA/RRSP), stock purchase plan, education reimbursement and much more. Details about our Canada 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

Canadian 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 Mississauga, CA.

Philips Canada is committed to treating all people in a way that allows them to maintain their dignity and independence. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.