Job Title
RTR Accounting Specialist
Job Description
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.
In this role, you have the opportunity to make life better
Looking at the challenges the world is facing today Philips’ purpose has never been more relevant. So whatever your role, if you share our passion for helping others, you’ll be working towards creating a better and fairer future for all.
You are responsible for
GL exposure:
Participate extensively in accounts reconciliation projects.
Coordinate with shared services team 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 and shared services team 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.
Participate in period end closing process for one or more entity.
Support in managing relevant internal controls for one or more entity Interacts with Accounting controller, shared services team, and where needed finance business partner to ensure smooth RTR processes and smooth preparation of financial accounts for the entity.
Stat. and tax audits:
Partially support tax team in: The preparation of different Stat. and tax audits (Documents and reports preparation).
Support in the communications with tax authorities.
You are a part of
An organization with an incredible diversity of nationalities, skills, backgrounds, functions and challenges. At Philips we have opportunities for graduates as well as experienced professionals in everything from applied research to marketing and sales in over 100 countries. We’re a fascinating company to be part of, with a strong emphasis on cultural awareness, mutual understanding and out-of-the-box thinking.
To succeed in this role, you’ll need a customer-first attitude and the following
Bachelor's degree preferably in Finance, Accounting, Business Administration. MBA is an advantage.
Minimum 3-6 years of experience in GL, Statutory and tax experience.
Ability to investigate account reconciliations and justifications.
Strong Excell skills and SAP ERP knowledge is preferred.
Ability to build productive internal/external working relationships.
Ability to analyze the total balance sheet and identify improvement.
In return, we offer you
A path towards your most rewarding career. Succeeding in this role in a complex environment will open many doors for your long- term career, in other areas in Philips or otherwise. We also believe that we are at our best as a company when you are at yours as a person. Thus, we offer competitive health benefits, a flexible work schedule and access to local well-being focused activities. Furthermore, Philips University is available to all employees for learning and development opportunities.
How we work at Philips
Our newly-adopted hybrid work concept fuses flexibility with collaboration to deliver great outcomes for our people and our customers. We are embracing an approach wherein we spend more time together than apart – which for full-time employees translates to an average of at least 3 days working from the office and up to 2 days from home – for our hybrid roles.
Hybrid work flexibility means people can meet the changing demands of work and home in the most balanced, productive, and healthy way.
Our hybrid working model is defined in 3 ways:
We believe in the importance of impactful collaboration: There's a certain energy when everyone’s in the same room that can heighten idea generation and creative friction needed for problem-solving.
We embrace flexibility: Choosing where, when and how to work can vary according to task and team schedules. Flexibility isn’t office or online, it means choosing the space that works best for you, your teams and our customers on a case-by-case basis.
We want to be at our best: The way we work and our workspaces are designed to support our well-being, offer career advancement opportunities, and enable us to be at our best.
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 innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year. Ultimately creating a career that no one could have planned for. Even you.
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