Analyst - RTR

36 Minutes ago • Upto 4 Years

Job Summary

Job Description

As an Analyst - RTR at Philips, you will be responsible for ensuring accurate and timely accounting processes. This includes reviewing and verifying account balances, ensuring compliance with IFRS standards, and preparing necessary documentation. You will be involved in month-end close activities, liaising with stakeholders, and providing data for fiscal reporting. Additionally, you will manage transactional activities with third-party colleagues and contribute to continuous improvement projects. The role requires achieving RTR goals and key performance indicators, and providing commentary for variances in Trial Statement Review.
Must have:
  • Ensure accurate and timely accounting.
  • Verify account balances and reconciliations.
  • Prepare and review financial documentation.
  • Participate in month-end close activities.
  • Liaise with market stakeholders.
  • Provide data for fiscal reporting.
  • Prepare documentation for audits.
  • Manage third-party colleagues.
Good to have:
  • Experience in Microsoft Excel.
  • Knowledge of SAP.

Job Details

Job Title

Analyst - RTR

Job Description

About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.


• Learn more about our business.
• Discover our rich and exciting history.
• 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 commitment to diversity and inclusion here.

You are responsible for

  • Ensure that the accounting is done accurately and on time.
  • Review that all balances are correctly held and that adequate reconciliations are available with appropriate documentation
  • Verify compliance with accounting standards and regulations based on IFRS
  • Preparation & Review of JVs, BSARs, GBSR, Internal Controls related documentation
  • Month-close activities
  • Liaise with Market stakeholders on the regular activities / alignment/escalation management
  • Provide accurate & timely data for fiscal reporting and other requirements.
  • Prepare & share documentation/samples for audit
  • Responsible for managing 3rd party colleagues on transactional activities. 
  • Responsible for Continuous Improvement projects and drive standardization as per goals. 
  • Provide commentary for the variances in Trial Statement Review & lead TSR calls as & when required
  • Achieving RTR Goals & Key performance Indicators

To succeed in this role, you should have the following skills and experience

  • B Com, M Com with 0 to 4 yrs of R2R experience.
  • Good in Microsoft excel
  • Knowledge in SAP
  • Ability to manage multiple stakeholders, penchant for bringing new ideas and looking for continuous improvements

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About The Company

At Philips, we believe that every human matters. As a global health-tech leader, we focus on improving people’s health and wellbeing through meaningful innovation. The people who work here share our passion and are motivated to bring this purpose to life.For more than 130 years, we have been creating technologies and innovations that improve people's lives and support healthcare practitioners. Headquartered in the Netherlands and operating in more than 100 countries globally, we focus our advanced technology and deep clinical and consumer insights on Precision Diagnosis, Image Guided Therapy, Enterprise Informatics, Monitoring/ Connected Care, Sleep & Respiratory Care and Personal Health.Together, we deliver better care for more people because we believe that every human matters.

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