Job Title

RTR Accounting Specialist

Job Description

Job title:
The Accounting Specialist 50 is responsible for executing the accounting processes, ensuring timely and accurate completion of all activities, and handling the period-end closing process with effective internal controls, working under general supervision. The role reviews account balances to ensure they are correctly supported by reconciliations and documentation, suggests procedures to enhance efficiency and compliance, and analyzes financial data to identify trends and opportunities for improvement. The role collaborates with functional peer groups to ensure effective communication and coordination across teams, prepares detailed financial reports and presentations for management, interacts with stakeholders to provide updates, report findings, and offer recommendations.
 

Your role:
• 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.
 

You're the right fit if:
Minimum required Education:
Bachelor's Degree in Accounting, Finance, Business Administration.

Minimum required Experience:
Bachelor's Degree with more than 5 years of experience in areas such as Accounting, Finance or equivalent.

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.
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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.