Director of Finance - Image Guided Therapy (Cambridge, MA)

Job Title

Job Description

The Director of Finance, Image-Guided Therapy (IGT) will provide strategic leadership for the finance business partnership function, ensuring alignment of financial strategies with overall company goals. The role collaborates with executive management and business unit leaders to develop and execute financial strategies that drive growth, profitability, and sustainability. The role oversees financial planning, budgeting, and forecasting, and leads the development of advanced financial models to evaluate strategic options. Also, monitors financial performance, advises senior leadership on risks and opportunities, and ensures rigorous analysis supports all investment decisions.

Your role:

• Provides strategic leadership and vision for the finance business partnership function, aligning financial strategies with the company’s overall goals and ensuring that the finance team is a key driver of business success. Collaborates closely with executive management and business unit leaders to develop and execute financial strategies that support growth, profitability, and long-term sustainability, ensuring that financial insights are integral to strategic decision-making. Oversees the financial planning, budgeting, and forecasting processes for multiple business units, ensuring that financial plans are robust, data-driven, and aligned with the company’s strategic objectives.

• Lead the creation of advanced financial models to evaluate key strategic options like market expansion, acquisitions, and new products, ensuring all assumptions are thoroughly tested. It also improves financial tools and processes by identifying issues, suggesting upgrades, and leading cross-functional efforts to boost efficiency and accuracy. Also, responsible for preparing clear, high-level financial presentations for executives and the board, helping guide important decisions, as well as to evaluate and prioritize major investments, offering expert financial advice to ensure alignment with the company’s long-term goals.

• Leads initiatives to improve financial processes, systems, and tools across the organization, fostering a culture of continuous improvement and leveraging technology to enhance financial planning and reporting. Champions financial integrity and compliance across the organization, ensuring adherence to corporate governance standards, internal controls, and regulatory requirements, while proactively addressing any financial risks. Builds and maintains strong relationships with key stakeholders across the organization, including operations, sales, marketing, and R&D, to ensure that financial perspectives are integrated into all major business decisions and initiatives.

You are the right fit if:

• You’ve acquired 8+ years and a Bachelor’s degree or 6+ years with Masters’ degree in areas such as Business Partnering, Corporate Finance, Financial Planning and Analysis or equivalent.  Also, progressively relevant finance experience gained in a large multi-national environment, preferred.

• Your skills include the ability to partner with management at all levels and to lead major projects and initiatives, intellectual capacity to digest complex information, see trends & analysis through data, ability to balance speed and accuracy, while working with multiple internal and external stakeholders to prepare deliverables

• You have a Bachelor’s degree or Master’s degree in Finance, Economics, Business Administration or equivalent.

• You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.

• You’re a strong communicator who works effectively across matrix organizations. Analytical thinking with the ability to lead actionable growth opportunities and pragmatic approach to problem solving.

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 company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations. 

This is an office 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 of healthcare that we all deserve. Do the work of your life to help improve the lives of others.

• Learn more about our business.

• Discover our rich and exciting history.

• Learn more about our purpose.

• Learn more about our culture.

Philips Transparency Details  

The pay range for this position in Cambridge, MA is $163,000 to $259,000. 

The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.     

In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives, may be offered.  Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more.  Details about our benefits can be found here.   

At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.   

Additional information:

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa. 

Company relocation benefits will not be provided for this position.  For this position, you must reside in or within commuting distance to Cambridge, MA.

This requisition is expected to stay active for 45 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.

Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.