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Philips FP&A ISC Entrepreneur & OEM analyst in Chennai (ex Madras), India


Job Title: FP&A ISC Entrepreneur & OEM analyst

Job location: Chennai

Reports to: FP&A ISC Lead

Job Summary

As our new FP&A ISC Entrepreneur & OEM analyst within our FP&A Integrated Supply Chain team, we offer you a great opportunity to be at the core of driving operations performance management via the execution and standardization of key FP&A ISC processes, to support the FP&A finance development in a new exciting organization. Support harmonization and improvement projects within the ISC domain.

You will be responsible for the planning and analysis processes for Entrepreneur and OEM entities and support ISC (Integrated Supply Chain) management in driving performance, with meaningful analytics and active participation in projects and strategic transformations.

We offer you a challenging Finance role in the ISC FP&A team in Chennai with a global scope. You will act in a young, dynamic and international team which is designed as the FP&A organization for the future. You will have exposure to Markets, Businesses and the Integrated Supply Chain management, as well as your counterparts in all FP&A centers of Excellence

You are responsible for

You will work closely with the ISC teams and partnering with Entrepreneur and OEM business partner

  • Works proactively with the Finance Business Partner (for Entrepreneur and Hong Kong site) to provide fast and sharp business support to businesses and different local functional teams (Supply Chain, Procurement).

  • As a supply FP&A prime for Entrepreneur/OEM flows, supporting local function teams to deliver supply targets within OEM stream of Domestic Appliances.

  • Provide in depth forward looking financial analysis with business insights translated from financial indication and also non-financial inputs collected from local function owners, these cover procurement saving, supply cost reduction, tooling asset investment efficiency, OEM Recoverage reporting etc .

  • Work with different operational function/cost owners in OEM sites to deliver Annual Operation Plan and Quarterly Rolling Forecast.

  • Building an internal network with close link with local site function owners, businesses and other FP&A finance pillars including Infosys at Chennai, India.

  • Participate in different processes improvement projects and co-ordinate the implementation in local site function teams and other related teams working for Entrepreneur/OEM.

  • Provide FCP calculations for OEM products flowing through Entrepreneur ORU, including detailed breakdown & calculation of all individual FCP elements (BOM, tool quote, obsolescence, Allowances, etc)

  • Responsible for correct and timely Industry Ops finance deliverables as part of regular planning cycles Strategic plan, Annual Operating Plan and forecast.

  • Together with Entrepreneur/OEM BP ensures quick follow-up to ad-hoc questions from the business

To succeed in this role, you should have the following skills and experience

  • Working experience in supply chain and or operations domain preferably in an international environment

  • Works on problems of diverse scope where analysis of data requires evaluation of identifiable factors.

  • Demonstrates good judgment in selecting methods and techniques for obtaining solutions.

  • Networks with senior internal and external personnel in own area of expertise and ability to influence external counterparts and internal partners

  • Proven ability to marry financial constructs with business knowledge and to partner with general and functional teams

  • Strong affinity with LEAN processes and tools

  • Ability to set priorities and cope with tight deadlines

  • Accountability for timeliness and accuracy of core deliverables (planning, analysis & reporting process and MEC related activities). Planning/forecast reliability. Scoping (business size, impact, breadth).

  • Advanced technical skills in Excel, ERP (SAP preferred) and PowerPoint Experience with reporting & analytical tools

  • Can quickly translate business reporting/modelling ideas into highly automated digital solutions

  • Strong data management skills, can easily transform big data into actionable insights for management

  • Fluent in English


  • Bachelor or Master’s degree in a Business Economics, Finance and/or Accounting orientated study. CA/CPA/ICWAI/CMA/MBA Finance preferred


  • 4 to 7 years of working experience with financial control, management reporting and business analyses, preferably within an international environment

In return, we offer you

A meaningful career, with new challenges in our dynamic organization, working in an encouraging multinational and multicultural environment. We are happy to provide you with this opportunity to work with new technologies. You will be surrounded by passionate and committed, colleagues who share your ambition to create outstanding customer experiences. Your work will be ambitious and full of opportunities for growth. Variety and challenge will be part of your daily routines.

Why should you join Philips Domestic Appliances?

Philips’ Domestic Appliances business is a global leader with EUR 2.3 billion in sales in 2019 in kitchen appliances, coffee, garment care and home care appliances, with successful products such as the Airfryer, Perfect Care Steam Generators, Automatic Coffee Machines with LatteGo and SpeedPro Max Aqua vacuum cleaner, and many more that are used by millions of people every day across the world.

In January 2020, Philips announced that it would be considering new ownership options for Domestic Appliances, as it is not a strategic fit for the company’s future as a health technology leader, and committed to finding the right home for the business to ensure that it is set up for continued success serving customers, leveraging the Philips brand and driving growth across the markets that it serves.

In its 128-year history as a leading innovator, Philips has had to reinvent itself a number of times to remain competitive. This has involved several high-profile divestments, resulting in the company’s successful track record in managing complex change of this scale. Such transformations offer unique opportunities for employees to ‘make their mark’ and gain expertise in a specific and dynamic environment - those who can deliver results while navigating and contributing to changes will gain unique skills and perspective that will prove valuable for the rest of their careers.

Our Purpose

We help people Turn Houses into Homes

At Philips Domestic Appliances, we improve the lives of people at home through meaningful innovation .

Our products and services help you to lead healthier and happier lives every day. We enable people to transform their houses into homes, where they can connect and take care of each other.

We create sustainable solutions; we make conscious choices caring for people’s homes and our planet.

We are a best place to work for people who share our passion and DAre to pursue our purpose, we create the team a s diverse as the homes we care for .

We DAre to be more than a company of innovation; we want to become a company of inspiration