Analyst - RTR

Job Responsibilities:
• Assists with the preparation and organization of invoices, ensuring accurate coding and timely processing in the accounting system to support the accounts payable function.
• Supports the reconciliation of bank statements by collecting and matching transactional data, helping to maintain accurate and up-to-date financial records.
• Provides clerical support during month-end and year-end close processes, including the preparation of journal entries and supporting documentation, working under general supervision.
• Aids in the preparation of internal financial reports by compiling necessary data from various sources, ensuring accuracy and completeness.
• Responds to routine accounting inquiries from internal teams, providing information or escalating issues as needed to ensure efficient operations.
• Collects and organizes receipts, invoices, and other financial documents to support the expense reporting process and ensure compliance with company policies.
• Assists in the preparation of account reconciliations by gathering relevant data, helping to identify discrepancies, and working with senior team members to resolve them.
• Supports the accounts receivable process by helping to prepare and send out invoices, following up on outstanding payments, and updating records accordingly.
• Populates financial spreadsheets with relevant data, supporting the accounting team in the preparation of budgets, forecasts, and other financial analyses.
• Supports the daily operations of the accounting department by performing general administrative tasks, such as data entry, photocopying, and distributing financial reports.
* Performs Balance sheet Accounts Reconciliations

* Capable of Applying Accounting principles for the MJV processes

* Aware of the ERP Concepts of Chart of accounts FInancial Accounting and Profit centre accounting

* Have good command over working with Excel and databases

*Knowledge of AI would be an added Advantage

Minimum required Education:
Graduate in Commerce / Accounting finance / Postgraduate in Commerce/ Accounting / Semi Qualified CA / CMA /MBA in Finance

Minimum required Experience:
2 to 3 years of experience with exposure to SAP

Preferred Skills:
• Accounting

• KPI Monitoring and Reporting
• Data Analysis & Interpretation
• Document Management
• Data Entry
• Management Reporting
• Cash Flow Management
• Financial Acumen

*Reporting

How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

About Philips
Are you ready to do the work of your life to help the lives of others? Learn more about our business, discover our rich and exciting history and learn more about our purpose.
If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care.