Philips Sr. M&A Integration & Disentanglement Program Manager in Cambridge, Massachusetts
If you are a Colorado resident and this role is a field-based or remote role, you may be eligible to receive additional information about the compensation and benefits for this role, which we will provide upon request. You may contact 888-367-7223, option 5, for assistance.
In this role you, have the opportunity to
Directly contribute to the realization of Philips becoming a leading Health Tech player by executing strategic projects that are related to portfolio optimization (Mergers & Acquisitions and Divestments). You have the opportunity to prepare and support the post-merger integration and disentanglement activities to ensure a smooth transition from or to Royal Philips. Utilizing the skills you have developed as a project/program manager with business background, you will directly support and execute the key decisions being made at the highest levels of the organization.
You are responsible for
Supporting the setting up & resourcing the Integration and Disentanglement project structure (inc. external advisors) and managing expert teams for all functions and market/country teams involved;
Responsible for delivery of the integration strategy (Platinum) and disentanglement strategy (Seperation Memorandum) and project execution;
Member of the divestment/ acquisitions deal-team to support realization of a transaction in all its facets;
Managing disentanglement & integration budgets, data room activities (divestments) including Midaxo tool;
Within the broader SMAP team, support M&A Due Diligence efforts or advise on Strategy Projects where applicable;
Ensure the granular planning and execution of the value creation among work streams;
Support aftercare and Ensure value creation and business objectives of the acquired targets together with the business clusters;
Supporting aftercare of a divestment and negotiation of (transitional) service agreements;
Support and coach the Business Integration/Disentanglement Lead on integration/disentanglement objectives and leveraging the Philips organization; to deliver on the post-merger integration strategy for the RFA/disentanglement plan;
Monitor business and financial performance and take all necessary corrective actions to ensure that the overall business and financial performance targets are met by the applicable business during the integration/disentanglement process;
Act as an intermediary between the M&A Functional Experts and the acquired/divested business and sector, country, and corporate functions;
Drive and lead the activities aimed at delivering continuous improvement across the projects;
You are a part of:
The SMAP team (Strategy, Mergers & Acquisitions and Partnerships) structured around 3 hubs located in Amsterdam, Boston and Shanghai. The M&A team has global responsibility for all Philips M&A and Divestment activities and consists of top-level M&A specialists with wide ranging backgrounds, nationalities and competencies. This position is based in Cambridge.
In this role, you should have the following skills and experience:
You already have hands-on experience and knowledge of at least 2 different commercial and/or operational roles (cross functional) and overall business experience of at least 5-7 years.
Besides that, you have:
Master’s degree, MBA, or other post graduate work or relevant work experience required;
Experienced project leader, successfully managed multiple projects (3-7) in varying stages at the same time, who is capable of operating on senior management levels;
Drive for results, and focus on customers to get the deal done;
Deliver in a disciplined manner the project as per agreed time-lines while being able to identify critical issues in all functions and negotiate & deal with all experts involved to resolve the matter;
Strong team player with a pragmatic approach and good communication and negotiation skills;
Stress resistant, task driven inc. execution of deal related administration;
Strong analytical, problem solving and troubleshooting skills;
Excellent communications and interpersonal skills;
Experience with disentanglements and/or post-merger integrations is a plus;
Strong business acumen, Project Management and Six Sigma experience / certification a plus;
Lean experience /certification a plus;
Willingness to travel (project dependent; average over a year 25%); willingness to have flexible work schedule depending on project geography (early morning/late evenings etc.)
In return, we offer you
We welcome you to a challenging, innovative environment with great opportunities for you to explore.
Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum. Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways.
To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page on our career website, where you can read stories from our employee blog. Once there, you can also learn about our recruitment process, or find answers to some of the frequently asked questions.
It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person’s relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.
As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.
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