[New Job Vacancy] FP&A Analyst – Senior Manager job in Philips, (Chennai, Tamil Nadu) – Jobs in Chennai, Tamil Nadu

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Job Opening details:-
Company Name :-
Position Name :-
FP&A Analyst – Senior Manager
Company Location :-
Chennai, Tamil Nadu
Job Category :
 General jobs

Full Job Description :-
Job Title
FP&A Analyst – Senior Manager
Job Description
Job Title: FP&A Senior Manager
Job Location: Chennai
About Philips
Philips India Limited is a subsidiary of Royal Philips of the Netherlands, a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology, deep clinical, and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided
Therapy, patient monitoring and health informatics, as well as in consumer health and home care
About Financial Planning and Analysis (FP&A)
The Financial Planning & Analysis function in India is responsible for timely, accurate and actionable insights for effective decision making in Royal Philips plc globally, across markets, business verticals and functions. In addition, FP&A is in the midst of digital transformation through automation, driving innovation in improving forecasting and prediction capabilities, insightful data analytics, and modelling and scenario building for top leadership decision support.
In a vibrant work culture fueled by innovation, learning and trying out new ideas, while constantly enhancing our data analytics capabilities, our world class team actively engages in continuous learning and career development opportunities in a truly global environment in this health technology leader
In this role, you have the opportunity to provide dedicated FP&A PPA support to the Business
You are responsible for:
Providing financial analysis and reports on the business performance including: Month End Closing, Annual Operating Plan, Quarterly forecasts, and Strategic Plan, with focus on P&L analytics
Participating in various x-BG/Market Finance improvement projects. Actively contributes to realizing process improvements
Understanding financial operating systems and tools. Accountable for the quality, accuracy and integrity of information stored in our systems. Work towards harmonizing analytics and reports.
Providing guidance to financial and non-financial stakeholders on FP&A related matters and provide training on new reports, analytics, reporting/ planning instructions, tools, changes, etc.
Analyzes and reports on business performance by means of: Monthly performance, AOP, product/market/customer/integral profitability, Quarterly Forecasting, RoFo, Strategic Review, cost control.
Target Setting / Remuneration, Pricing/margin analysis, etc. Performs forward-looking ad-hoc analysis, such as project & strategy evaluation, benchmarking, Price/Volume mix, scenario analysis, etc.
Prepares, attends, minutes and keeps track of follow ups regarding performance and strategy meetings. Takes initiative to bring relevant financial issues to the attention of his/her relevant stakeholders.
Participates in various x-BG/Sector/Market Finance improvement projects. Understands systems and tools. Ensures quality, accuracy and integrity of information stored in our systems, enabling a single source of truth.
To succeed in this role, you should have the following skills and experience
Bachelor or Master’s degree in a Business Economics, Finance and/or Accounting orientated study. CA/CPA/ICWAI/MBA Finance preferred.
Minimum 8 years of relevant progressive working experience and roles in e.g. Finance, FP&A, financial control, management reporting and analysis, preferably within an international environment.
Intellectual capacity to digest complex information, see trends & analysis through data
Advanced technical skills in Excel, ERP (SAP preferred) and PowerPoint
Experience with reporting & analytical tools, like SPSS, Business-Intelligence environments, SQL, etc.
Delivers meaningful, accurate and timely reporting, analysis and planning support for senior analysts, managers and FP&A stakeholders.
Strong affinity with LEAN processes and tools
Curious mind-set, with excellent communication skills
Guide other analysts in preparing their deliverables
Ability to balance speed and accuracy
Works with multiple internal and external stakeholders to prepare FP&A deliverables
Takes pro-active ownership and accountability for independent analytical work or process coordination and improvement.
Exercises judgment within defined procedures and practices to determine appropriate action
In return, we offer you
A challenging, innovative environment with great opportunities for you to explore. Our benefits are very competitive and designed around your preferences:
A competitive salary.
A variable bonus based on both Philips’ results and personal performance;
A solid company pension scheme and an attractive health insurance package;
The opportunity to buy Philips shares and products at a discount.
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 improving 3 billion lives a year by delivering innovative solutions across the health continuum. Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways. Learn more by watching this video.
To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page on our career website, where you can read stories from our employee blog. Once there, you can also learn about our recruitment process, or find answers to some of the frequently asked questions.

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