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Job TitleRTR 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 its not just what we do, its 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. Its 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. Thats why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.



Position: Accounting Specialist


Location: SuZhou


Your Challenge

This position is responsible for to support Accounting Controller and RtR Lead to manage overall RTR and reporting activities and taking the full accounting review and control.
Duties and responsibilities include:


Ensure accounting policy adherence and standardization
Deliver sound accounting judgment and decisions
Prepare/review balance sheet reconciliations
Prepare/review for internal control based on Philips ICS/Sox framework
Deliver month end closing with quality
Deliver financial statement analytical review from accounting perspective
Review processes, identify, access and execute the process improvement for accounting/financial reporting
Connect with assistant BP/BP and business team, for update/new business case, to update/create related accounting working instructions
Leads discussions with the BP (Pre-MEC, MEC TS, evaluation of business events, structuring of contacts)
Reviews and signs off on monitoring controls (BSAR, BSR, TSR, ICS)
Executes all JBA activities; consults with TA&O as needed
Monitors E2E R2R and takes corrective actions
Prepare and review manual journal entries

Requirements:

Bachelor degree in Finance or Accounting
Experience: At least 3 years experience in relevant position
At least 6 years of relevant experience with 4+ years GL accountant or F&PA experience in finance, preferably controlling or accounting in multinational companies.
Proven strength in running GL & reporting functions, setting up principles and processes, preferred to be in MNCs.
Master level capabilities required in Process improvement and Project & Change management
Advanced level capabilities required in Managing controls and Analytics & systems
Advanced level capabilities required in Financial Accounting & Reporting and competencies in Influencing business decisions
Excellent communication skills, with the ability to liaise with a variety of stakeholders.
Strong negotiation and relationship building skills, excellent conflict management skills.
Experience with lean practices and metrics.
Good command of English, both oral and written.
Knowledge of SAP is a MUST



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 everyones 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 isnt 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. Its 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.