Finance Business Partner – Zone Japan

Job Description

Your role:

Philips Japan is organized both via a Business axis as well as a Market axis. The Finance Business Partner for Zone Japan is responsible for driving and growing business value, to achieve financial and strategic targets and to work closely together with the Business Leaders in Japan to ensure financially sound decision making.

You will manage the strategic & operational (business/financial) planning process and performance management with the relevant organization and drive for the delivery of the committed results. You will also ensure appropriate business action & response to changes in financial results, customer preferences and external factors.

As part of the Health Systems Japan Finance team, you are also responsible for the planning and performance management of the Cost of Organization for Health Systems Japan. In this role you will cooperate with multiple functions within Philips Japan to establish planning of the annual budgeting as well as quarterly forecasting, with the support of a financial planning & analysis resource. You will also ensure appropriate business action & response to changes in financial results or deviations against budget.

In this role you are a key member for the BUs in Japan, reporting to the Head of Finance for Philips Japan and connecting with the leaders and Head of Finance for the Growth Region.

You are responsible for:

• Providing in-depth business insights by forward-looking analysis, and by translating variances in financial and non-financial KPIs for Japan into actions
• Employs financial insights and business acumen to influence business strategy, pro-actively engages business management to achieve short- and long-term goals. Advises on opportunities to accelerate financial performance (growth, cost reduction etc.).
• Visualizing and story telling of business performance vs FC / budget towards Japan Head of Finance, PD Business Leader Japan, Zone Leader Japan and PD Business Leaders in the Growth region.
• Able to explain complex issues and key messages; articulates the financial performance of the entity, providing the business context, opportunities and risks.
• Collaborating with other members of the Japan Finance staff, to achieve financial goals of the Japan zone.
• Working proactively together with the Business Partners and wider organization to deliver reporting, analysis, insights and plans for Cost of Organization of Philips Health Systems Japan.
• Deploying and working effectively with global standard tools. Making sure that changes in the business and financial outlook are properly reflected into reporting systems.
• Initiating the harmonization of reporting, (scenario) analysis, financial planning process, business cases and continuous process improvements.
• Mentoring and coaching the dedicated FP&A analysts working for Philips Health Systems Japan in the shared service center who are supporting the reporting, analysis and forecasting of full P&L (1 resource) and Cost of Organization (shared resource)
• People/team: model Philips competencies and Finance values/ways of working; contributing to high performing team and driving engagement

Key priorities in the role:

• Achieve financial targets of Budget/Forecast (OIT, Sales, Gross Margin, EBIT).
• Implemented best practices with regard to financial planning, reporting, standard tool usage and generation of business insights to drive timely decision making. Adherence to policies and processes.
• Collaboration across Philips Health Systems and implement performance mgt around FTE planning, Marketing budget and other Cost of Organization costs.
• Accomplish both soft and hard goals in key areas of responsibilities and be a trusted partner to the business leader and the management teams.
• Be a role model to other Finance team member contributing to employee engagement.

Your future career:

Philips strongly supports career growth within and outside of Finance. This role provides great opportunities for such career growth, both in Japan and outside of Japan. This role is also considered as potential succession for the Head of Finance position of Philips Japan

Reports to:

• Report directly to the Head of Finance Philips Japan.
• You are part of a team of 20 Finance Professionals within Philips Japan Finance.

You're the right fit if:

• 10+ years of progressive Finance experience, gained in a large matrix organization, preferably international environment.
• Bachelor or Master’s degree in a Business Economics, Finance and/or Accounting orientated study.
• Post-graduate qualification like MBA, MSc, CFA, CPA, CMA is a pre.
• Proven experience as Finance business partner with experience in accounting, financial planning & analysis. Proven ability to marry financial constructs with business knowledge and to partner with general management and functional teams.
• Intellectual capacity to digest complex information, see trends and analysis through data and translate this into concrete actions.
• Strong problem solving capabilities and continuous improvement trackrecord
• A change agent, who initiates, coaches and directs Finance staff teams and stakeholders to or through change, through effective communication and leadership techniques.
• Curious mindset, with excellent communication skills in both Japanese and English.
• Advanced technical skills in Excel, Digital Data Analytics Tools experience (e.g. PowerBI, Tableau) ERP (SAP preferred), and PowerPoint.
• Ability to balance speed and accuracy