Accounting Specialist

Job title:
Accounting Specialist
 

#LI-PHILIN

About PHILIPS:

Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow.

But it’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common. An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions – the kind that make a real difference – when it matters most.

The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.

About Philips Global Business Services (GBS)

Philips Global Business Services delivers excellence in the execution of business services, enabling an agile repeatable framework to leverage market opportunities that contribute to extending our leadership as a Health Technology company. Our people are a key part of the transformation program in Philips and at GBS, you become part of a global team of professionals that form the backbone of this journey.

In this role, you have the opportunity to

This role gives a full insight into the book closure activity of Philips and how it interacts with downstream and upstream activities. You will play a key role in bringing in the consolidated numbers for publishing

You are responsible for

• Ensure that the accounting is done accurately and on time.
• Review that all balances are correctly held and that adequate reconciliations are available with appropriate documentation
• Verify compliance with accounting standards and regulations based on IFRS

• Preparation & Review of JVs, BSARs, GBSR, Internal Controls related documentation
• Month-close activities

• Liaise with Market stakeholders on the regular activities / alignment/escalation management

• Provide accurate & timely data for fiscal reporting and other requirements.
• Prepare & share documentation/samples for audit

• Responsible for managing 3rd party colleagues on transactional activities.   
• Responsible for Continuous Improvement projects and drive standardization as per goals.   

• Provide commentary for the variances in Trial Statement Review & lead TSR calls as & when required
• Achieving RTR Goals & Key performance Indicators 

To succeed in this role, you should have the following skills and experience

• CA/CMA fresher or MBA Finance/ Semi qualified Finance professionals eg: CA, CMA etc with at least 5+ years of experience
• Good in Microsoft excel
• Knowledge in SAP is an added advantage
• Ability to manage multiple stakeholders, penchant for bringing new ideas and looking for continuous improvements

In return, we offer you

A meaningful career, with new challenges in our dynamic organization, working in an encouraging multinational and multicultural environment. We are happy to provide you with this opportunity to work with new technologies. You will be surrounded by passionate and committed, colleagues who share your ambition to create outstanding customer experiences. Your work will be ambitious and full of opportunities for growth. Variety and challenge will be part of your daily routines. 

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.
• Learn more about our business.
• Discover our rich and exciting history.
• Learn more about our purpose.
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 here.