RTR Accounting Specialist

Job Responsibilities:

• Helps in the execution of accounting and period-end closing processes, ensuring all activities are completed accurately and on time and ensures all relevant internal controls are in place and effective.
• Reviews all account balances to ensure they are correctly held and supported by appropriate reconciliations and documentation, implementing corrective actions as needed to address any discrepancies, working under general supervision.
• Implements accounting policies and procedures to enhance efficiency and compliance, recommending changes to unit or sub-unit policies to improve processes and outcomes.
• Analyzes financial data to identify trends, discrepancies, and opportunities for improvement, using analytical skills to make informed recommendations for new procedures and processes.
• Collaborates with functional peer groups to ensure effective communication and coordination, facilitating cooperation and knowledge sharing across teams to achieve common goals.
• Helps to draft detailed financial reports and presentations for management, summarizing key findings and providing actionable insights, ensuring reports are accurate, comprehensive, and easy to understand.
• Interacts 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.
• Tracks the performance of accounting processes, ensuring all activities are completed accurately and on time, identifying areas for improvement and implement changes to enhance efficiency and accuracy.

Minimum required Education:

Bachelor's Degree in Accounting, Finance, Business Administration OR Vocational Education or equivalent.

Minimum required Experience:

No prior experience required with Bachelor's Degree OR minimum 4 years of experience with Vocational Education in areas such as Accounting, Finance or equivalent.

Preferred Skills:

• Continuous Improvement
• Due Diligence
• Knowledge Management
• Accounting
• Risk Assessments
• KPI Monitoring and Reporting
• Data Analysis & Interpretation
• Document Management
• Management Reporting
• Cash Flow Management
• Financial Acumen
• Financial Planning and Analysis (FP&A)

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.

Indicate if this role is an office/field/onsite role.

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 culture of impact with care here.