Market Facing RTR SpecialistJob Description
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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.
In this role, you have the opportunity to
Ensure revenue recognition for equipment business, as per accounting standard (IFRS15). Review balance sheet account reconciliation at enterprise level. Execute monthly ICS/Sox controls on time. Perform month end close for the assigned activities / markets. Support year end audits.
You are responsible for
- Execution and take responsibility for ICS/SOx controls to make it effective. Take corrective actions and documentation for audit purposes.
- Proactively identify control deficiencies and work with business to mitigate deficiencies / risks.
- Review of JVs, BSARs, GBSR, Internal Controls related documentation
- Preparation of judgmental JVs
- Month-close activities
- Liaise with Market stakeholders on the regular activities / alignment/escalation management
- Provide accurate & timely data for fiscal reporting and other requirements.
- Justification of end balance and documentation of aged / manual items
- Identifies opportunities for process improvement and automation
- Responsible for managing the performance of 3rd party colleagues
- E2E responsible for all accounting processes
- Support year-end audits including, process walkthrough, test of controls, documentation, coordination.
- Ensures all business events and transactions are properly recorded and justified
- Achieving RTR Goals & Key performance Indicators
You are a part of
RTR Market Facing Team, where you will be taking end to end ownership for the Organization Reporting units assigned to you. You will be playing a critical role in interfacing between the Market stakeholders and the various COEs within RTR.
To succeed in this role, you should have the following skills and experience
- CA/CMA with at least 3-5 years of experience or MBA Finance/ Semi qualified Finance professionals eg: CA, CMA etc with at least 8 years of experience
- Hands on experience in Microsoft Office
- Knowledge in SAP would be preferred
- Ability to manage multiple stakeholders, penchant for bringing new ideas and looking for continuous improvements
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 questions.Contact
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