R&D Project Manager (Malvern, PA)

Philips
United States
Workplace: OnsiteFull timeUSD 83,000 - 131,000 annuallyFunction: Program & Project Management (PMO)Experience: 2+ yearsEducation: bachelorsSkills: ["Stakeholder collaboration","Communication","Data interpretation","Process improvement","Financial controls"]

Own financial planning, forecasting, reporting, and Non-Recurring Engineering (NRE) expenditure management for R&D innovation projects. Drive repeatable budget tracking across labor and non-labor spend, monitor costs and variances, and support month-end close with accurate reporting. Build and maintain dashboards and cost analyses, collaborate across R&D, project management, IT, and Finance to improve processes, and continuously enhance controls, data quality, and reporting efficiency.

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Philips
Philips
2 months ago

R&D Project Manager (Malvern, PA)

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Source: Company careers pageValidated by: Fursa AI
Last checked: 27 days agoStatus: Live

Job Summary

Own financial planning, forecasting, reporting, and Non-Recurring Engineering (NRE) expenditure management for R&D innovation projects. Drive repeatable budget tracking across labor and non-labor spend, monitor costs and variances, and support month-end close with accurate reporting. Build and maintain dashboards and cost analyses, collaborate across R&D, project management, IT, and Finance to improve processes, and continuously enhance controls, data quality, and reporting efficiency.
Location: United States
Workplace: Onsite
Employment Type: Full time
Job Function: Program & Project Management (PMO)
Seniority: Manager level

Key Responsibilities

  • •Drive the operating rhythm for R&D budget planning, forecasting, and monthly reporting across labor and non-labor expenses.
  • •Monitor R&D spending, project costs, resource utilization, and budget performance to identify variances, risks, and cost optimization opportunities.
  • •Manage day-to-day R&D financial operations including budget tracking, purchase order (PO) creation/management, accrual tracking, and financial data maintenance.
  • •Perform monthly, quarterly, and annual financial reporting with variance analysis and month-end close support, maintaining dashboards and cost analyses.
  • •Collaborate with Finance, R&D, project management, and IT to improve financial processes, reporting efficiency, data quality, and automation; implement continuous improvement of financial processes and controls.

Pay and Benefits

Salary: USD 83,000 - 131,000 annually
Perks:Paid Leave401kHsaEquity

Key Requirements

  • •2+ years of experience supporting financial planning, budgeting, forecasting, and reporting, preferably in R&D, engineering, or project-based environments.
  • •Experience with FP&A, management reporting, cost control, financial modeling, accounting, or financial operations such as budget tracking and variance analysis.
  • •Experience with R&D cost management (labor and non-labor), including NRE cost tracking.
  • •Bachelor’s degree in one of the listed engineering/IT/business/program management fields (or vocational education in project management) OR 6+ years of related experience.
  • •Strong stakeholder collaboration and communication with R&D, project management, and Finance teams.
Experience:2+ yearsR&DEngineering
Education:Bachelor's
Skills:Stakeholder collaborationCommunicationData interpretationProcess improvementFinancial controls
Tech Stack:ERPPower BITableauPower AutomateMicrosoft Power PlatformExcel

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Philips
Global health technology company focusing on diagnostic imaging, patient monitoring, and consumer health products. Philips develops medical devices, healthcare informatics, and solutions to improve patient care and personal well-being.
Industry: HealthTech
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Amsterdam, Netherlands
Founded: 1891
Glassdoor
Glassdoor: 3.8
WebsiteLinkedIn