Analyst - RTR

4 Hours ago • Upto 2 Years

Job Summary

Job Description

As an Analyst - RTR at Philips, you will be responsible for ensuring accurate and timely accounting, including balance reviews, reconciliations, and compliance with IFRS. Your tasks will include preparing and reviewing journal entries, balance sheet account reconciliations, and internal controls documentation. You will also participate in month-end close activities, liaise with stakeholders, provide data for fiscal reporting, and prepare documentation for audits. Furthermore, you will manage third-party colleagues, contribute to continuous improvement projects, and provide commentary on variance analysis. The role involves achieving RTR goals and key performance indicators.
Must have:
  • Ensure accurate and timely accounting
  • Verify compliance with accounting standards (IFRS)
  • Prepare & Review of JVs, BSARs, GBSR, Internal Controls related documentation
  • Good in Microsoft excel
  • Knowledge in 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 2 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

Over the past decade we have transformed into a focused leader in health technology.

At Philips, our purpose is to improve people’s health and well-being through meaningful innovation. We aim to improve 2.5 billion lives per year by 2030, including 400 million in underserved communities.

We see healthcare as a connected whole. Helping people to live healthily and prevent disease. Giving clinicians the tools they need to make a precision diagnosis and deliver personalized treatment. Aiding the patient's recovery at home in the community. All supported by a seamless flow of data.

As a technology company, we – and our brand licensees – innovate for people with one consistent belief: there’s always a way to make life better.


Visit our website: http://www.philips.com/
Follow our social media house rules https://www.philips.com/a-w/about-philips/social-media.html

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