Job Responsibilities:
• Provides accurate and timely data for fiscal reporting and other requirements, ensuring all financial information is complete and compliant with internal and external standards, collaborating with other departments to gather necessary data.
• Analyzes complex financial data to identify trends, discrepancies, and opportunities for improvement, using analytical skills to make informed recommendations for new procedures and processes, working under direct supervision.
• Develops concepts and techniques for improving accounting processes, leveraging expertise to contribute to the development of best practices, sharing insights and innovations with the team.
• Executes complex accounting tasks creatively and effectively, applying knowledge and skills to resolve issues independently, taking initiatives to address challenges and find solutions.
• Communicates with internal and external stakeholders to provide updates on financial status, report findings, and offer recommendations, ensuring clear and concise communication to facilitate understanding and action.
• Evaluates internal control processes to ensure they are effective and compliant with standards, implementing changes as needed to strengthen controls and reduce risk.
• Creates detailed financial reports and presentations for management, summarizing key findings and providing actionable insights, ensuring reports are accurate, comprehensive, and easy to understand.
• Tracks accounting processes to ensure they are running smoothly and efficiently, identifying areas for improvement and implement changes to enhance efficiency and accuracy.
Minimum required Education:
CA/CMA/ACCA/MBA/Bachelor's Degree in Accounting, Finance, Business Administration or equivalent.
Preferred Certification:
Certified Public Accountant (CPA), Chartered Accountant (CA), Certified Management Accountant (CMA) or equivalent.
Preferred Skills:
• Continuous Improvement
• Accounting
• KPI Monitoring and Reporting
• Data Analysis & Interpretation
• Document Management
• Data Entry
• Management Reporting
• Cash Flow Management
• Financial Acumen
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.
Skills Required
- CA, CMA, ACCA, MBA, or bachelor's degree in Accounting, Finance, Business Administration, or equivalent
- Certified Public Accountant, Chartered Accountant, Certified Management Accountant, or equivalent certification
- Accounting and financial analysis experience
- KPI monitoring and reporting
- Management reporting
- Cash flow management
Philips Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Philips and has not been reviewed or approved by Philips.
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Retirement Support — Retirement support is positioned as a standout, including a strong 401(k) match (often described at 7%) alongside pensions in some contexts.
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Flexible Benefits — Flexible benefits are emphasized through choice in health insurance options and a broad “Total Rewards” approach that combines compensation, health and wellness, and work-life support.
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Leave & Time Off Breadth — Leave and time off breadth appears strong, with generous paid time off and policies covering parental leave, caregiving responsibilities, volunteering, and family medical leave.
Philips Insights
What We Do
As a leading health technology company, it is our purpose to improve people’s health and well-being through meaningful innovation. Our goal is to improve 2.5 billion lives per year by 2030. We're always looking for ways to make life better – not only for our customers, but also for everyone working here. That's why we're taking steps to create an environment where we all acknowledge and embrace our differences and uniqueness and listen to and value each other's views. When people feel cared for and listened to, they bring their best qualities to work, leading to better collaboration, communication, innovation and success.
