In this role, you have the opportunity to
Drive the RTR Process for organization units assigned to you with an objective to secure an accurate bookkeeping and reconciled balance sheet within corporate deadlines for Philips, and coordinates with Infosys to ensure that bookings / accounting is accurately and timely maintained and verifies compliance with accounting standards and regulations (PAP, IFRS, local regulations).
You are a part of
Accounting Operations RTR Team in India directly and part of the Finance organization for Indian Market. India is a key growth market for Philips
You are responsible for
Coordinate with Infosys to ensure that bookings / accounting is accurately and timely maintained.
Review that all balances are correctly held and that adequate reconciliations are available with appropriate documentation.
Verify compliance with accounting standards and regulations (PAP, IFRS, local regulations)
Maintain control, allocation, recording and physical verification processes for Philips fixed assets and Payroll accounting activities.
Support the local ORUs and Infosys in providing accurate and timely data for group consolidation & reporting (Month End Close)
Provide accurate & timely data for fiscal reporting and other requirements.
Complete Internal Controls work in accordance with the Internal Control Standard (ICS) tool on a timely and accurate basis.
Responsible for accounting processes for one or more ORUs
Manages period end closing process for one or more ORUs
Manages relevant internal controls for one or more ORUs
Interacts with Accounting controller, Infosys and where needed finance business partner to ensure smooth RTR processes and smooth preparation of financial accounts for one or more ORUs
To succeed in this role, you should have the following skills and experience
A professional qualification in Finance (CA or MBA Finance from Premier institution)
3-5 years of experience in Finance Operations, preferably in RTR in a multi-unit, multi-location company.
Sound inter-personal skills
Stakeholder management skills
Why should you join Philips?
Working at Philips is more than a job. It is a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the .
Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways.