RTR Accounting Specialist - Philips

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.