Controller Job in Toronto/Gta, Ontario Canada
To support Philips commitment to become a global leader in home healthcare solutions.
This position is responsible for the creation and execution of the Home Monitoring Finance Plan for Canada including Lifeline and new ventures such as Telehealth Solutions. The Controller leads the Finance organization by planning, directing and controlling the business planning and financial analysis processes. This includes strategic reviews, budgets, rolling forecasts and monthly/quarterly/annual performance reporting. The Controller also provides decision making support guidance to the HM Management Team on all matters of the business including the introduction of new products and services as well as due diligence and post-merger [financial] integration related to a business acquisition. The Business Controller acts as sounding board for the GM. Ensures that the business acts appropriately on changes in the external environment, and manages related change processes.
Keeps track of the financial market position and competitiveness of the products of the business.
• Partner with GM and senior management team in developing long-term business strategies, including marketing and sales strategies and plans, business development initiatives, and organizational development strategies. This includes specifically the analysis and evaluation of various scenarios and options as well as supporting the senior management team in the decision making process.
• Takes responsibility for the management of financial risks of the business.
• Plans, directs and controls the business planning process. Comprising: strategic reviews, budgets, rolling forecasts and monthly performance reporting.
• Leads the financial monitoring of the business and the implementation of corrective actions.
• Plans, evaluates and approves financial decisions (investments, acquisitions, restructuring proposals, etc.) for the business, based on the creation of value (value based management).
• Ensures that appropriate pricing mechanisms are in place tuned to the competitive position of the business and influencing managerial behavior appropriately.
• Ensures that the appropriate information systems are in place for the financial management of the business.
• Manages the finance team of the business, ensuring appropriate development of staff. Matching capabilities to job requirements.
• Ensures that proper business controls are maintained in the business and that the business adheres to the Philips code of conduct. Is responsible for the functioning of the audit committee of the business.
Act on behalf of the GM in his absence.
• MBA, CMA, CA, CGA, or equivalent combination of education and experience
• Minimum of 5+ years experience leading and managing financial teams and developing, implementing and executing Finance strategies
• Previous experience in managing the financial activities of a medical device and service delivery organization
• Minimum of 10+ years of progressive financial management experience
• Knowledge of financial tools and processes and a deep understanding of relevant accounting principles
• Strong analytical and financial modeling skills
• Excellent interpersonal, communication and presentation skills required to function at a high level with other senior managers, board members, customers, and other external parties
• Excellent business acumen, including strategic planning, operational analysis and business planning
• Ability to work within a complex, matrix global business environment
• Merger and acquisition experience will be considered an asset
• Experience in the health insurance or telecommunications sector will be an asset
• Minimum 5 years financial experience in the health care field (hospitals, public/private home care, pharmaceutical) would be ideal
Technical Know-How, Management Breadth, Human Relation
• Breadth of professional experience/knowledge to handle broad business/organizational issues; tackling specialist problems from a strategic perspective to pre-empt long-term issues; development of new processes and procedures
• Develop assess business strategies
• Capital budgeting
• Principles of company taxation
• International taxation
• Transfer Pricing
• MA process knowledge
• Knowledge of core business processes (IT, Logistics)
Problem Solving and Accountability Skills
• Complex financial and organizational issues
• Development of Finance policy within BL/BU in a pro-active manner
• Strategic planning analysis
• Business and financial planning
• Strategic cost management
• Financial management accounting
• Business controls and quality improvement initiatives
• Business Planning and Performance management
• Financial Management
• Core business processes
• Mergers Acquisitions (valuation, due diligence, integration)
General Skills and Knowledge:
• Strong leadership beyond finance department; ability to act as GM in GM’s absence
• General business advice and insight as member of the Senior Executive Team
• Ability to think strategically; to consider broad-scope issues, alternatives and impacts from a business
• Identification and financial evaluation of potential acquisitions in the Home Healthcare Solutions arena
• A dynamic and highly motivated individual with superior analytical capabilities
• Strong leadership, supervisory and teamwork capabilities
• Strong strategy development and planning capabilities
• Compilation and monitoring of key financial and operating metrics
• Bilingual is an asset
SAP working knowledge/implementation – an asset
Philips is and Equal Opportunity Employer
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