Tomorrow Jobs Vacancy in Chennai

Job Description

Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow.

But it’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common. An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions – the kind that make a real difference – when it matters most.

The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.

In this role, you have the opportunity to make life better
Looking at the challenges the world is facing today Philips’ purpose has never been more relevant. So whatever your role, if you share our passion for helping others, you’ll be working towards creating a better and fairer future for all.

Secures an accurate bookkeeping and reconciled balance sheet within corporate deadlines for Philips, and coordinates with Infosys to ensure that bookings / accounting is accurately and timely maintained and verifies compliance with accounting standards and regulations (PAP, IFRS, local regulations).

• Execution and take responsibility for ICS/Sox controls to make it effective. Take corrective actions and documentation for audit purposes.
• Proactively identify control deficiencies and work with business to mitigate deficiencies / risks.
• Review of JVs, BSARs, GBSR, Internal Controls related documentation
• Preparation of judgmental JVs
• Verify compliance with accounting standards and regulations based on IFRS
• Month-close activities
• Liaise with Market stakeholders on the regular activities / alignment/escalation management
• Provide accurate & timely data for fiscal reporting and other requirements.
• Justification of end balance and documentation of aged / manual items
• Identifies opportunities for process improvement and automation
• Responsible for managing the performance of 3rd party colleagues
• E2E responsible for all accounting processes
• Support year-end audits including, process walkthrough, test of controls, documentation, coordination.
• Ensures all business events and transactions are properly recorded and justified
• Responsible for Continuous Improvement projects and drive standardization as per goals.
• Provide commentary for the variances in Trial Statement Review & lead TSR calls based on role
• Achieving RTR Goals & Key performance Indicators

How we work at Philips
Our newly-adopted hybrid work concept fuses flexibility with collaboration to deliver great outcomes for our people and our customers. We are embracing an approach wherein we spend more time together than apart – which for full-time employees translates to an average of at least 3 days working from the office and up to 2 days from home – for our hybrid roles.
Hybrid work flexibility means people can meet the changing demands of work and home in the most balanced, productive, and healthy way.

Our hybrid working model is defined in 3 ways:
We believe in the importance of impactful collaboration: There’s a certain energy when everyone’s in the same room that can heighten idea generation and creative friction needed for problem-solving.
We embrace flexibility: Choosing where, when and how to work can vary according to task and team schedules. Flexibility isn’t office or online, it means choosing the space that works best for you, your teams and our customers on a case-by-case basis.
We want to be at our best: The way we work and our workspaces are designed to support our well-being, offer career advancement opportunities, and enable us to be at our best.

Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year. Ultimately creating a career that no one could have planned for. Even you.