Accounting Specialist

3 weeks ago


Chennai, India Philips Full time
Job TitleAccounting Specialist

Job Description

About Philips

Philips India Limited is a subsidiary of Royal Philips of the Netherlands, a leading health technology company focused on improving peopleâs 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

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.â¯Â Â 

  • Responsible forâ¯Continuous Improvement projects and drive standardization as per goals.â¯Â Â 

  • 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 with at least 3-5 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 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. Itâs 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

#L1-PHILIN

#GBS


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