Finance Business partner -EF & FP&A

Finance Business Partner - EF and FP&A

Location: Gurgaon

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1. 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.

2. 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
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 companyu2019s facilities.Field roles are most effectively done outside of the companyu2019s main facilities, generally at the customersu2019 or suppliersu2019 locations.Indicate if this role is an office/field/onsite 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 healthcare that we all deserve. Do the work of your life to help the lives of others.u2022 Learn more about .u2022 Discover .u2022 Learn more about .If youu2019re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care .