Finance Business Partner

Job Title

Finance BP, Hongkong

Job Description

Job Responsibilities:
• Leads 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.
• Conducts 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.
• Works with limited supervision and broad guidelines, regularly applying independent judgment on matters of significance to drive project success and compliance.
• Acts 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.
• Collaborates 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.
• Contributes 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.
• Evaluates investment business cases, including capital expenditures, R&D projects, and strategic marketing initiatives, ensuring that all financial assumptions are rigorous and that potential returns are aligned with the company's strategic priorities.
• Monitors 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.
• Ensures compliance with internal controls, corporate policies, and regulatory requirements by supporting financial processes, maintaining accurate records, and supporting internal and external audits as needed.
• Leads or participates in initiatives to improve financial processes and systems, identifying opportunities for increased efficiency, accuracy, and effectiveness in financial planning, reporting, and analysis activities.

Minimum required Education:
Bachelor's / Master's Degree in Finance, Economics, Business Administration, Accounting or equivalent.
 

Qualifications

Required

• Bachelor degree or above, major in Finance, Accounting, Economics, or a related discipline
• Approximately five to eight years of progressive finance experience, including demonstrable business partnering with commercial or sales teams
• Strong command of financial planning, analysis, and management reporting in a commercial environment
• Working knowledge of pricing and margin mechanics, and comfort supporting deal and tender decisions under time pressure
• Professional working proficiency in English and Cantonese; Mandarin is a strong advantage given the Greater China reporting line
• Excellent communication, presentation and influencing skills, able to build bridges between people
• Hands on, pro-active, solution driven, very accurate but with sense of big picture
• Profound understanding of accounting principles including Finance compliance requirements

Preferred

• CPA, ACCA, CIMA, or an equivalent professional qualification, or an MBA
• Experience in healthcare, medical technology, or another regulated industry
• Familiarity with Hong Kong public tender processes and distributor or dealer commercial models
• Experience with AI
• Prior experience in a matrixed multinational, partnering across a regional and local reporting structure
  
  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 5 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.
  About Philips
  Are you ready to do the work of your life to help the lives of others? Learn more about our business, discover our rich and exciting history and learn more about our purpose.
  If you’re 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.