Group Accounting and Reporting Internship

Posted 5 Days Ago
Be an Early Applicant
Amsterdam, NLD
In-Office
Internship
Internet of Things • Appliances • Manufacturing
The Role
Supports consolidated financial statement preparation and analysis for internal and external reporting. Reviews accounting information for IFRS compliance, advises business units on accounting treatment, assists internal control updates and quarterly reporting, and contributes to accounting research, manuals, presentations, and training. The intern also supports data analysis and digitalization projects using MS Access, SQL, and Power BI.
Summary Generated by Built In

About Signify


Through bold discovery and cutting-edge innovation, we lead an industry that is vital for the future of our planet: lighting. Through our leadership in connected lighting and the Internet of Things, we're breaking new ground in data analytics, AI, and smart solutions for homes, offices, cities, and beyond.


At Signify, you can shape tomorrow by building on our incredible 125+ year legacy while working toward even bolder sustainability goals. Our culture of continuous learning, creativity, and commitment to diversity and inclusion empowers you to grow your skills and career.


Join us, and together, we’ll transform our industry, making a lasting difference for brighter lives and a better world. 


More about the role


We’re looking for a Group Accounting and Reporting Internship to join our Group Accounting and Reporting (GA&R) in Amsterdam.

Working for Signify means being creative and adaptive. Our culture of continuous learning and commitment to diversity and inclusion creates an environment that allows you to build your skills and career. Together, we’re transforming our industry.

As the world leader in lighting, we’re constantly ahead of the curve. Through our leadership in connected lighting and the Internet of Things, we’re breaking new grounds in data analytics, AI, and smart homes, offices, cities and more!

Signify is one of the few companies in the world to achieve carbon neutrality and our next sustainability goals are even bolder: doubling our positive impact on the environment and society by 2025.

As a Group Accounting and Reporting Intern, you’ll be responsible for the preparation and analysis of consolidated information. The team serves as an oversight body, helping our organization in aligning business and financial reporting requirements. As such, the team works closely together with the Markets, Business Groups, group functions and our R2R team to deliver quality internal and external financial reporting.  You will also have the opportunity to be part of Internal Control team and gain insight into various areas of business by learning about the end-to-end processes, risks and controls within those areas.

We’re on the lookout for forward-thinking innovators with a passion for sustainability. If you match this description, get in touch!

What you’ll do
  • Preparing and analyzing consolidated financial statements that are used for internal (Monthly) and external purposes (Quarterly/Half-yearly/Annually).

  • Being the authority on the Signify Accounting Principles and external reporting matters, i.e. Finance Reference Toolset (incl. new IFRS) and Financial Codebook.

  • Pro-actively carry out reviews on the consolidated financial information ensuring that transactions are reported consistently with the applicable accounting standards (oversight).

  • Providing support to Markets, BGs and group functions on the appropriate accounting treatment for transactions.

  • Providing support to Internal Control Team with ad hoc analysis and quarterly reporting to senior management.

  • Support in the internal control framework updates.

  • Support with data analysis through “MS Access/SQL and PowerBI” in our digitalization projects.

Your qualifications

  • A motivated student who is currently studying towards a bachelor's or a master’s in accounting (basic training in IFRS is part of your education).  

  • Some experience in previous internships in the same field (preferred but not required).

  • Excellent knowledge of windows applications, and most important well-developed power point and excel skills.

  • Fluency in oral and written English. 

  • Team player mindset with the ability to work under pressure. 

  • Contribute to the GA&R specialists’ assignments in performing research on particular accounting matters relating to IFRS; 

  • Assist in the revision of Signify accounting manual and in preparing accounting presentations in PowerPoint.

  • Add your own value to training events.

What you’ll get in return…

  • Continuous mentoring and feedback throughout your internship. 

  • Internship allowance; the exact amount depends on your situation (also towards rented accommodation or public transportation). 

  • Paid leave on the basis of 1 day per month. 

  • Extensive set of tools to drive your career, such as a personalized learning platform. 

  • Opportunity to purchase products in the staff shop at reduced prices. 

  • We’re offering multiple opportunities for career development, like mentoring, coaching and stretch assignments, with strong international exposure for dynamic profiles. Learning is fundamental to our culture. Through continuous learning, we are transforming the industry. You have the chance to learn every day, acquire new skills and perspectives through customized online programs, and on-the-job experiences. 

  • As an intern, you will be part of the intern program in the Netherlands, consisting of several events, trainings and networking opportunities with your peer students. Join us and shine brighter together! 

Who we are

Signify is the world leader in lighting. We provide professional customers and consumers with quality, energy-efficient LED lighting. And our lights, when connected, bring data to devices, apps and people – redefining what light can do and how you use it. Today, our innovations, such as LiFi – internet connectivity through light – and UV-C, solar and horticultural lighting, contribute to a safer, smarter, more sustainable world.

We’re operating in 74 countries with 32,000 people worldwide.

Notes

  • EU/EER students: In order to be considered for this internship, you need to be registered as a student during the entire internship period. Formal documentation of this may be requested at any time.

  • Non-EU students in Dutch Universities: You need to be registered as a student and your university needs to sign the Nuffic Agreement. The internship needs to be a compulsory part of your studies (receive ECTS in turn). In case of non-compulsory internship, you need to have a letter from the university in which it states that your internship contributes to your personal development, what your learning goals are  and what tasks you will undertake during your internship. The letter has to be signed and stamped by your university.

  • Non-EU students in non-Dutch Universities: You need to be registered as a student and the internship should be a compulsory part of your studies. Also, you need to be able to get the official approval of your university for this internship (Nuffic agreement).

Please apply only if you can meet the aforementioned requirements.


Everything we’ll do for you


You can grow a lasting career here. We’ll encourage you, support you, and challenge you. We’ll help you learn and progress in a way that’s right for you, with coaching and mentoring along the way. We’ll listen to you too, because we see and value every one of our 27,000+ people. We believe that a diverse and inclusive workplace fosters creativity, innovation, and a full spectrum of bright ideas. With a global workforce present in 70+ countries, we are dedicated to creating an inclusive environment where every voice is heard and valued, helping us all achieve more together. 


Come join us, and together we can light up the future.


Skills Required

  • Currently studying toward a bachelor's or master's degree in accounting
  • Basic training in IFRS as part of the accounting education
  • Previous internship experience in accounting or a related field
  • Excellent knowledge of Windows applications, especially Microsoft Excel and PowerPoint
  • Fluency in written and spoken English
  • Ability to work as a team member and under pressure
  • Remain registered as a student throughout the internship
  • Meet applicable EU/EER, Nuffic agreement, university approval, and compulsory internship requirements
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Eindhoven
11,796 Employees

What We Do

Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers, and the Internet of Things. Our Philips products, Interact systems and data-enabled services deliver business value and transform life in homes, buildings and public spaces. In 2023, we had sales of EUR 6.7 billion, approximately 32,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for seven consecutive years and have achieved the EcoVadis Platinum rating for four consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page

Similar Jobs

NBCUniversal Logo NBCUniversal

Controller

AdTech • Cloud • Digital Media • Information Technology • News + Entertainment • App development
Hybrid
Amsterdam, NLD

Airwallex Logo Airwallex

Manager, Payments/Scheme Economics

Artificial Intelligence • Fintech • Payments • Business Intelligence • Financial Services • Generative AI
In-Office
Amsterdam, NLD
2700 Employees

Adyen Logo Adyen

Senior Forward Deployed Engineer - Data Platform

Fintech • Payments • Financial Services
Easy Apply
Hybrid
Amsterdam, NLD
4771 Employees

Celonis Logo Celonis

Senior Value Engineer - AI & Process Optimization (Copenhagen)

Big Data • Information Technology • Productivity • Software • Analytics • Business Intelligence • Consulting
Hybrid
Amsterdam, NLD
3000 Employees

Similar Companies Hiring

Fortune Brands Innovations Thumbnail
Manufacturing
Deerfield, IL
10000 Employees
Amalgamated Sugar Thumbnail
Food • Greentech • Agriculture • Industrial • Manufacturing
Boise, Idaho
768 Employees
Ford Energy Thumbnail
Automotive • Software • Energy • Utilities • Manufacturing • Renewable Energy
US

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account