Strategic Finance Business Partner

IPG Photonics Corporation

Marlborough (MA)

On-site

USD 156,000 - 216,000

Full time

5 days ago

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Benefits offered by this job

Medical, dental, and vision

401(k) with company match

ESPP

Tuition reimbursement

Paid vacation

EAP

Job summary

IPG Photonics Corporation seeks a Director level Medical BU Controller to act as the strategic Finance Business Partner to the SVP, Global Laser Systems & President, Medical. This role combines financial leadership with strategic modeling and operational partnering to drive BU performance.

You will lead monthly reporting, KPI dashboards, and P&L development; partner with FP&A, Controllership, and Operations; and guide planning, budgeting, and long-range forecasting across the Medical BU.

Qualifications

12–15 years of progressive experience in Finance, Controlling, FP&A, or business finance leadership roles.

Responsibilities

Strategic Finance Business Partnering with Medical BU leadership.
Own and enhance monthly financial reporting and KPI dashboards for the Medical BU.
Develop and track operational and financial KPIs.

Skills

Financial modeling

Scenario analysis

Business partnering

Strategic thinking

Advanced Excel

ERP systems

Tools

Navision ERP

Excel

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: