Finance Business partner -EF & FP&A

Finance Business Partner - EF and FP&A

Location: Gurgaon

• Enabling Function Responsibilities
  

Annual Operating Plan (AOP) Management

• Drive bottom-up planning for all enabling functions, consolidating detailed functional requirements.
• Align top-down targets with function heads, market expectations, and global directives.
• Allocate AOP budgets to respective ORUs (Operating Reporting Units) based on agreed ratios.
• Ensure timely handshake with ORUs on allocated budgets and secure alignment.
  

Month-End and Quarter-End Activities

• Perform month-end closing tasks, including journal entries, cross-charges, billing, reconciliations, and preparation of templates/reports.
• Conduct comprehensive cost analysis for categories such as payroll, open POs, and insurance.
• Review month-end provisions and prepare function-level analytics.
• Develop and deliver enabling function reports, highlighting AOP vs. Actual variances to function heads and global teams.
• Maintain cost control on India enabling functions through regular checks and analytics.
• Prepare Quarterly Board Deck for the Board of Directors, including financial performance, P&L analysis, market share, and key highlights.
• Support internal and statutory audits by providing accurate documentation and timely responses.
  

Compliance & Governance

• Regularly review Delegation of Authority (DOA), policies, approval matrix, and RBAM matrix.
• Review and approve PR/POs as per financial authority.
• FP&A Responsibilities
• Act as a key FP&A partner, preparing month-end performance reports (e.g., business-wise, modality-level P&L reviews).
• Perform detailed P&L and margin analysis, including AOP vs. Actual comparison, monthly Latest View (LV), and quarterly rolling forecasts.
• Prepare analytical reports and insights for CFO and senior management to support strategic decision-making.
  

Qualification

• CA / MBA (Finance) with a minimum of 7 years of post-qualification experience
• CA qualification is mandatory
  

How We Work Together

About Philips

• Learn more about our business.
• Discover our rich and exciting history.
• Learn more about our purpose.