Jobs · Information Technology · Pennsylvania

R&D Project Manager (Malvern, PA)

Philips · Malvern, PA · 5 days ago
Information Technology$83k–$131k/yrFull-time

About the role

This role serves as a financial and operational partner to R&D and Finance leadership, driving financial planning, forecasting, reporting, and Non-Recurring Engineering (NRE) expenditure management across innovation projects.

Responsibilities

  • Drive the execution and operating rhythm for R&D budget planning, forecasting, and monthly reporting across labor and non-labor expenses.
  • Gather and validate inputs, maintain repeatable financial tracking processes, and deliver accurate, timely information to the Finance Partner for AOP, forecast cycles, month-end reviews, and leadership reporting.
  • Maintain day-to-day R&D financial operations including budget tracking, purchase order (PO) creation and management, cost monitoring, accrual tracking, and financial data maintenance across systems.
  • Prepare and maintain financial dashboards, operational reports, and cost analyses to support R&D project tracking, financial visibility, and operational decision-making.
  • Develop, maintain, and track detailed Non-Recurring Engineering (NRE) cost plans and project expenditures.
  • Collaborate with Finance, R&D, Project Management, and IT teams to improve financial processes, reporting efficiency, data quality, and automation capabilities.
  • Own the implementation and continuous improvement of financial processes, controls, tools, and reporting standards to enhance operational efficiency, compliance, and data accuracy.

Requirements

Requires 2+ years of relevant experience supporting financial planning, budgeting, forecasting, and reporting activities, preferably within R&D, engineering, or project-based environments. Experience with R&D Cost Management (labor and non-labor), including NRE cost tracking, data analysis & interpretation, and management and operational reporting is preferred. Advanced Excel skills (pivot tables, lookups, financial models, data reconciliation) are required. A Bachelor's Degree in Electrical Engineering, Electronic Engineering, Mechanical Engineering, Computer Science Engineering, Information Technology, Business Administration, Project Management, Program Management, or Vocational Education in Project Management is preferred, or 6+ years of related experience.

Qualifications

Must be able to perform the following physical, cognitive, and environmental job requirements with or without reasonable accommodation. Skilled in stakeholder collaboration & communication, particularly with R&D, Project Management, and Finance teams.

Skills

  • R&D Cost Management (labor and non-labor)
  • Data analysis & interpretation
  • Attention to accuracy and data integrity
  • Enterprise Resource Planning (ERP) Systems and financial reporting tools
  • Management and Operational Reporting
  • Month-end and forecast cycles
  • Process Improvement & Financial Controls
  • Digital Dashboards and Data Visualization
  • Automation and Productivity Tools

Benefits

Details about our benefits can be found here.

Pay

The pay range for this position in Malvern, PA is $83,000 to $131,000. 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.

Schedule

This is an office role. The company requires full-time presence in the company’s facilities.

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