Job Title

Job Description

Job title:
Accounting Specialist

The Accounting Specialist is responsible for providing accurate and timely data for fiscal reporting, ensuring financial information is complete and compliant with standards while collaborating with other departments, working under direct supervision. The role analyzes complex financial data to identify trends and opportunities, develops concepts and techniques for improving accounting processes, and executes complex accounting tasks.

Your role:
• Prepare and review manual journal entries and ensure that bookings / accounting is accurately and timely maintained.

• Prepare/review balance sheet reconciliations and ensure all balances are correctly held and that adequate reconciliations are available with appropriate documentation.

• Maintain control, allocation, recording and physical verification processes for Philips fixed assets and Payroll accounting activities.

• Perform and deliver month end closing with quality

• Deliver financial statement analytical review from accounting perspective • Verify compliance with accounting standards and regulations

• Support the local ORUs in providing accurate and timely data for group consolidation & reporting (Month End Close).

• Provide accurate & timely data for fiscal reporting and other requirements.

• Assist in the preparation for and execution of internal and external audits

You're the right fit if:

• Prefer Bachelor's Degree in Accounting, Finance

• Minimum of 2+ years of experience in accounting or a related field, +1 in RTR/GL is preferred

• Strong knowledge of accounting principles and practices

• Proficiency in Microsoft Office, particularly Excel

• Experience with accounting software (e.g., SAP is preferred)

• Good analytical and problem-solving skills

• Ability to handle multiple tasks and meet deadlines

• Workable in English

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.