The Category Controller, Service & Solution Innovation is responsible for providing strategic financial leadership to the Category Leader, ensuring alignment of financial strategies with Hospital Patient Monitoring’s (HPM’s) goals. The role collaborates with executive management and business unit leaders to develop and execute financial strategies that drive growth, profitability, and sustainability. In addition, you will oversee financial planning, budgeting, and forecasting, and lead to the development of advanced financial models to evaluate strategic options, as well as monitor financial performance, advise senior leadership on risks and opportunities, and ensure rigorous analysis supports all investment decisions.

Your role:

Provides strategic financial leadership and partners with Category Leadership and executive management to align financial strategies with HPM’s goals, ensuring finance is a key driver of business success. Provides expert insights to guide strategic decisions, including market expansions, product launches, and acquisitions.
Lead operational excellence and performance management in the oversight of financial planning, budgeting, and forecasting across multiple business units. Also, monitor key financial metrics, identifies trends, and collaborates with senior leaders to implement corrective actions that drive performance and meet financial targets. Provide insight into recurring revenue business models, including revenue streams, service margins, contract profitability, and portfolio performance by region.
Deliver governance, process improvement and stakeholder engagement by championing financial integrity and compliance, ensuring adherence to governance standards and regulatory requirements. Leads initiatives to enhance financial systems and tools, fosters continuous improvement, and builds strong cross-functional partnerships to integrate financial perspectives into major business decisions.

You are the right fit if:

You’ve acquired 10+ years of experience with Bachelor's OR 8+ years of with Master's in areas such as Business Partnering, Corporate Finance, Financial Planning and Analysis or equivalent. This experience would ideally be in technology, IT services, or managed services – multinational company preferred.
Your skills include financial modeling, financial planning and analysis (FP&A), forecasting, risk management, continuous improvement, strategy development, people management, investment planning, audit planning and scoping, corporate finance, budget management, commercial acumen, and stakeholder partnership. Strong understanding of managed service business models, including subscription services and recurring revenue structures. Deep expertise in revenue recognition and contract accounting.
You have a Bachelor's / Master's Degree in Finance, Economics, Business Administration, Accounting 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 a matrix organization. You also possess effective cross-functional collaboration and stakeholder engagement, with the ability to support data-driven decision-making through effective reporting, risk management, and financial insight.

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.

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