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Philips

Head of Finance Indian Subcontinent

Philips is hiring a Head of Finance Indian Subcontinent in Gurugram, India. Level rates it ; you can apply on Philips.

Level's read on this job

  • On Level's scale, this finance role is Little AI ●○○○: aI is not part of the work.
  • Level classifies it as an executive role.
  • Level lists 809 other open roles at Philips.
  • The role was posted in the last few days.

AI in this role

Job Title

Head of Finance Indian Subcontinent

Job Description

Job title: Head of Finance Indian Subcontinent

Location: Gurgaon, Bharti Worldmark

Your role:

The Head of Finance Indian Subcontinent is a critical role as India is a key growth market that requires strong finance leadership from both a finance business partner perspective, as well as a license to operate / compliance perspective.

The main remit of the role is to drive sustainable business value and robust financial governance across the zone. The job incumbent will act as a strategic Finance Business Partner to the Zone Leader and Leadership team, translating business, market regulatory, and operational developments into clear financial insights, disciplined decision-making, and executable performance actions.

Job Responsibilities:

  • Leads the strategic financial direction of the zone, ensuring that financial strategies are aligned with the overall corporate vision and driving the long-term growth and profitability of the organization.

  • Serves as a key member of the zone leadership team, providing expert financial guidance and strategic insights to influence critical business decisions, shape corporate strategy, and achieve financial objectives.

  • Drives the strategic and operational financial planning process for the zone, including AOP support to the business, rolling forecasts, scenario planning, and performance / business reviews.

  • Drives revenue growth, margin expansion, cost productivity and profitable market share development across businesses, customer segments, and sales channels.

  • Supports key commercial decisions on pricing, tender strategy, sales channels, customer lifetime value, strategic deals, partnerships, financing solutions, and investment allocation.

  • Ensures a strong and efficient internal control environment and high quality of financial statements across the zone.

  • Drives month-end close discipline, reporting quality, standardization, automation and simplification across finance processes.

  • Drives working capital discipline across receivables, inventory, order book quality, revenue recognition, and cash acceleration initiatives.

  • Leads cross-functional teams in the development of financial models and business cases for high-impact projects, ensuring that all assumptions are rigorously tested and that recommendations are aligned with the company’s long-term strategic priorities.

  • Ensures the organization’s financial practices adhere to the highest standards of integrity, compliance, and corporate governance, working closely with audit, compliance, and legal teams to manage financial risks and address regulatory requirements.

  • Leads finance transformation and organizational improvements, including digital finance, analytics and process simplification.

  • Builds and maintains strong relationships with key stakeholders, including senior executives, board members, and external partners, ensuring that financial perspectives are integrated into all major business decisions and that the finance function is viewed as a strategic partner.

  • Develops a high-performing zone finance organization, with clear accountabilities, succession planning and capability building.

  • Mentors and develops finance managers and specialists within the organization, fostering a culture of excellence, accountability, and continuous learning, and ensuring that the finance team is equipped to support the company’s growth and innovation objectives at the highest levels.

You're the right fit if:

  • Bachelor's / Master's Degree in Finance, Economics, Business Administration, Accounting or a related discipline. A professional finance qualification would be a plus.

  • Deep understanding of medtech / health systems / health technology.

  • 8+ years of broad-based finance leadership experience, including operational, commercial, and strategic finance roles in a complex matrix organization.

  • Strong experience across FP&A, business partnering, accounting, internal control, statutory reporting, tax, treasury, audit, and commercial finance domains.

  • Experience in regional, zonal or global business partnering roles.

  • Experience having built engaged teams, and developed talents and succession plans.

  • Demonstrated growth and transformation mindset.

  • Able to influence across a complex matrix.

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 improve the lives of others.

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 here.

This requisition is expected to stay active for 30 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.

How we rate this

Head of Finance Indian Subcontinent at Philips rates 38 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

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