Strategic Finance Business Partner

IPG Photonics Corporation; Marlborough (MA); On-site; USD 156,000 - 216,000; Full time

Benefits offered by this job

Health insurance

401(k) plan with company matching

Stock Purchase Plan

Tuition Reimbursement

Employee Assistance Program

Job summary

IPG Laser GmbH seeks a Director-level Medical BU Controller to act as the strategic Finance Business Partner to the SVP, Global Laser Systems & President, Medical. The role centers on turning finance support into proactive, strategic partnership across the Medical BU, driving financial leadership, planning, and performance management.

You will lead reporting transformation, KPI development, and cross-functional collaboration with Operations, FP&A, and Controllership to improve global reporting

Qualifications

• 12–15 years of progressive experience in Finance, Controlling, FP&A, or business finance leadership roles.
• Strong background in financial modeling, scenario analysis, and decision support.
• Business partnering with senior stakeholders and BU leadership.
• Manufacturing, industrial, or operations-focused environments; medical industry differentiator.
• Translate complex financial and operational data into clear business insights.
• Advanced Excel and strong experience with financial systems, ERP platforms, and reporting tools.
• Experience working in complex, matrixed, and global environments.
• Strong communication and influencing skills with senior leaders.

Responsibilities

• Serve as strategic Finance Business Partner to Medical BU leadership teams.
• Provide scenario analysis, financial modeling, and decision support for strategic initiatives.
• Deliver data-driven insights to influence business strategy and operational decisions.
• Own monthly financial reporting and KPI dashboards for the Medical BU.
• Develop and track operational and financial KPIs and BU P&L development.
• Lead cost analysis, margin improvement, and profitability management initiatives.

Skills

Financial modeling

Scenario analysis

Business partnering

KPI dashboards

Cost analysis

Profitability

Tools

Navision ERP

ERP systems

Job description

We are seeking a Director level Medical BU Controller to act as the strategic Finance Business Partner to the SVP, Global Laser Systems & President, Medical.

This role is central to strengthening financial leadership within IPG’s newly defined business segment structure and advancing the transition from reactive finance support to proactive, strategic partnership with the business.

The position combines financial leadership, strategic modeling, and operational partnering to support business decision-making, BU performance management, KPI tracking and BU P&L development.

Key Responsibilities

• Strategic Finance Business Partnering
• Serve as the primary finance partner to the Medical BU leadership teams
• Provide scenario analysis, financial modeling, and decision support for strategic initiatives
• Deliver data-driven insights to influence business strategy and operational decisions
• BU Financial Performance & Reporting
• Own and enhance monthly financial reporting and KPI dashboards for the Medical BU
• Develop and track key operational and financial KPIs
• Drive KPI development, performance management, and management reporting to improve business visibility and accountability
• Ensure clear visibility into BU performance drivers and improvement opportunities
• Lead cost analysis, margin improvement, and profitability management initiatives across the business units
• BU P&L Development & Reporting Transformation
• Act as an active contributor to the BU reporting project, supporting development of BU-level P&Ls
• Help establish standardized, scalable reporting frameworks across business units
• Partner with FP&A, Controllership and Operations to improve reporting consistency globally
• Planning & Forecasting
• Collaborate closely with FP&A on:
  • Annual budgeting
  • Quarterly forecasting cycles
  • Long-range planning
• Support budgeting, forecasting, and long-range planning processes for the Medical BU
• Operational & Cross-Functional Collaboration
• Partner cross-functionally with Operations, Supply Chain, Manufacturing, FP&A, and Controllership teams to support the Medical business performance and decision-making
• Partner with Operations, Supply Chain, and Finance teams to:
  • Evaluate cost reduction opportunities
  • Improve manufacturing and operational efficiency
  • Support operational excellence initiatives
• Continuous Improvement & Strategic Initiatives
• Support the shift from “firefighting” to strategic financial planning across the business
• Identify value creation opportunities and drive financial discipline across BUs
• Drive process improvement, reporting standardization, and finance transformation initiatives
• Contribute to ERP and reporting transformation initiatives

Location: Marlborough, Massachusetts

Reporting Direct to Global Operations Controller with strong dotted line to SVP, Global Laser Systems & President, Medical

Requirements

• 12–15 years of progressive experience in Finance, Controlling, FP&A, or business finance leadership roles
• Strong background in:
  • Financial modeling, scenario analysis, and decision support
  • Business partnering with senior stakeholders and business unit leadership
  • Manufacturing, industrial, or operations-focused environments; experience in the medical industry is a differentiator
• Proven ability to translate complex financial and operational data into clear business insights and recommendations
• Strong analytical, problem-solving, and strategic thinking skills with high attention to detail
• Advanced Excel and strong experience with financial systems, ERP platforms, and reporting tools
• Experience with Microsoft Finance & Supply Chain/Navision ERP is preferred
• Experience working in complex, matrixed, and global environments
• Strong communication and influencing skills, with the ability to challenge constructively and build credibility with senior leaders

What We Offer

• Strategic leadership role with high visibility across global operations
• Direct impact on shaping BU financial structure and reporting
• Opportunity to work closely with executive leadership
• Involvement in transformational initiatives (ERP, reporting, BU structure)

Employment Type

Exempt

Wage Information

MA: $156,196 - $215,550

US Benefits Information

Pay Range:

The pay range on this posting applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location posted, the applicable range could differ. Actual starting pay is determined by a number of factors including relevant skills, qualifications, and experience.

Other Compensation: Employees in this role are eligible for additional rewards which could include:

• Annual Discretionary Bonus or Sales Bonus as Applicable

Benefits Provided: All Regular* US employees receive:

• Paid vacation time accrued based on years of service

*Prorated for reduced hour schedules

Additional Benefits Offered: IPG also offers access to:

• Medical, dental, and vision insurance plans with options for HSA/FSA
• Dependent Care FSA
• Paid Basic Life and AD&D Insurance
• Short-term and Long-term Disabilityinsurance
• 401(k) plan with Company matching
• Employee Stock Purchase Plan (ESPP)
• Tuition Reimbursement Program
• Employee Assistance Program (EAP)
• Adoption Assistance
• Pet Insurance
• Bright Horizons Backup Care
• Bright Horizons College Coach

*Benefits eligibility may differ by program for reduced hour schedules

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