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Accounting Controller
Accounting Controller
locationsCairo time typeFull time posted onPosted Today job requisition id540751
Job Title
Accounting Controller
Job Description
Ensure the integrity of the financial and management performance, and to support the implementation of standardized and efficient processes.
Your role:
Taking co-responsibility with the Business Partner(s) (BP) over the integrity of financial and management reporting, and work to proactively advise the BP on the impact of accounting standards on different business scenarios.
Interacting closely with the business to proactively advise on accounting requirements for business events in order to drive better business decisions by making early determinations on the impact of accounting guidance.
Proactively identifying risks to the financial processes, and works with stakeholders inside and outside of Finance to address identified risks and financial process issues.
Determining accounting treatment for events and transactions of a complex, unique, and/or judgmental accounting nature, as well as to apply new/revised accounting policies in consultation with Technical Accounting and Oversight (TA&O).
Required to review the trial balance (TB) and closing topics (Pre-MEC(“Preliminary Month-End Closure”)) in the monthly process, and lead the risk based Financial Reporting Review (FRR).
Proactively monitoring the Balance Sheet Account Reconciliations, Month-End Closure Process and Finance and Internal Control audits. This includes working across finance and nonfinance teams to address and close issues timely, review account documentation, and ensure reporting timelines are met.
As being the main point of contact for the business over the RTR processes, responsible to collaborate with the BP to ensure business requirements are captured and that stakeholders are updated on the status of KPIs and on resolution of accounting and process issues.
Leading resolution of RTR issues, and will coordinate both RTR (AS, Global Hub, other AccOps pillars and Infosys) and with non-RTR counterparts (e.g. BP, Supply Chain, Purchasing, HR, etc.) to drive resolution of issues and to build stronger processes.
Building knowledge over business requirements, financial accounting processes and the underlying Market/BG processes within the Finance and non-Finance community, and keep the organization updated on business developments relevant to accounting processes and accounting integrity.
Supporting statutory and fiscal reporting process
In case of managerial position, managing the team KPI's, hold the team accountable for targets and support development of individuals in the team
Managing processes by using LEAN tools, and use LEAN methods to address process issues and problems to address root causes and not just address the symptoms of the identified issue.
Driving continuous improvement in the processes by regularly performing Kaizens, and by locally driving global improvement initiative.
You will be part of the accounting organization in META region. This role will report to the RTR Accounting Manager META and will be responsible from supporting processes in UAE and KSA .
You are the right fit if
Bachelors degree in a Finance and Accounting orientated study, MBA is a strong asset.
Accounting formal education, superior level degree (RA, RC, CPA)
Minimum 5 years of related experience.
Developed communication skills, (Written and Oral)
Strong and formal IFRS knowledge
Fluent in English addition to local language,
Experience in MENA region is a strong asset.
Strong Excel skills and SAP knowledge preferred
Strong knowledge of internal control processes and systems
Preferably having audit or consulting experience from “Big 4” firms.
How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
Indicate if this role is an office/field/onsite role.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
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If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion .
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At Philips, we believe that every human matters. As a global health-tech leader, we focus on improving people’s health and wellbeing through meaningful innovation. The people who work here share our passion and are motivated to bring this purpose to life.
For more than 130 years, we have been creating technologies and innovations that improve people's lives and support healthcare practitioners. Headquartered in the Netherlands and operating in more than 100 countries globally, we focus our advanced technology and deep clinical and consumer insights on Precision Diagnosis, Image Guided Therapy, Enterprise Informatics, Monitoring/ Connected Care, Sleep & Respiratory Care and Personal Health.
We’re committed to building a diverse and inclusive workplace culture where people feel heard, valued and connected. Because we know the possibilities are unlimited when people feel empowered to grow and succeed together.
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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