Senior Accounting SpecialistsJob Description
About Philips
Philips India Limited is a subsidiary of Royal Philips of the Netherlands, a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology, deep clinical, and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided
Therapy, patient monitoring and health informatics, as well as in consumer health and home care.
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.
Purpose of this Role:
E2E responsible for accounting processes (GL accounting, Month End Close, Balance Sheet Account Reconciliation, RTR related Controls), be the link between Accounting Controllers and 3rd party transactional service provider and drive operational excellence in RTR
Key Areas of Responsibility:
· E2E responsible for accounting processes (GL accounting, MEC, BCSloading, BSAR, RTR related ICS)
· Ensures all business events and transactions are properly recorded and justified
· Be the linking pin with Accounting Controllers to receive input on business events for capturing in books
· Ensures all accounts properly specified/ justified
· Guardian of the close and ensures progress, timeliness and completeness of close process
· Owns Trial Statement Review process
· Supports audits from RTR point of view
· Oversees, monitors and owns Infosys performance
· Drives standardization, simplification and operational excellence in RTR
Key performance Indicators:
· Balance Sheet Account Reconciliation Quality and Timeliness
· Month End Close Quality (BCS quality and timely upload)
· Manual Journals posted
· Process standardization and # of Kaizens made to drive continuous improvement
· Internal Control Standards adherence
Stakeholders:
· Market Accounting Controller
· Market RTR Lead
· Business Partners
· Head of Finance
Educational Qualification:
· UG: Bachelor of Commerce
· PG: Master’s in commerce (preferable)
Work Experience:
- Progressive working experience in General Accounting
- Good in excel, knowledge in SAP
- Ability to work under pressure, should be able to manage multiple stakeholders, penchant for bringing new ideas and looking for continuous
improvements
Key Skills:
· A proactive team player who demonstrates ownership for his/her scope and who shows initiative to solve problems, deliver results and improve performance.
· An experienced accountant with a topofmind understanding of how to apply accounting concepts and knowledge to the realworld challenges.
· Analytically capable of analyzing results to identify issues and provide insight. This means effectively linking the content outcomes of the accounting work to the business context.
· A strong communicator and collaborator who effectively teams up with Market stakeholders in support of delivering on business commitments and control objectives.
· Structured and disciplined in his/her daily work, staying ontopof commitments and timely communicating when not possible so workarounds can be put in place.
In return, we offer you
- A challenging, innovative environment with great opportunities to explore. Our benefits are very competitive and designed around your preferences:
- A rewarding career in Philips with attractive package. `
- A variable bonus based on both Philips results and personal performance
- Extensive set of tools to drive your career, such as a personal development budget, free training and coaching
- Attractive collective health insurance package
- Opportunity to buy Philips shares and products with discount
Why should you join Philips
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum. Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways. Learn more by watching this video.
To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page on our career website, where you can read stories from our employee blog. Once there, you can also learn about our recruitment process, or find answers to some of the frequently asked questionsContact
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