MBA Finance / CA Jobs in Chennai – Senior Accounting Specialist | Philips Careers

Senior Accounting Specialist



Ensure revenue recognition for Health system business involving sale of Equipment, warranty services & software solutions, as per accounting standard (IFRS15). Review balance sheet account reconciliation at enterprise level. Execute monthly ICS/Sox controls on time. Perform month end close for the assigned activities / markets. Support year end audits.

You are responsible for

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.
Preparation of Journal Vouchers, Balance sheet Account Reconciliation (BSARs, GBSR), Internal Controls related documentation
Preparation of judgmental JVs
Month-close activities
Liaise with Market stakeholders on the regular activities / alignment/escalation management
Provide accurate & timely data for fiscal reporting and other requirements.
Identifies opportunities for process improvement and automation
Responsible for managing the performance of 3rd party colleagues
Support year-end audits including, process walkthrough, test of controls, documentation, coordination.
Ensures all business events and transactions are properly recorded and justified
Understanding the complexities involved in Long-term Strategic Partnership (LSP) deals & assisting LSP accountants in recording revenue.
Achieving RTR Goals & Key performance Indicators

To succeed in this role, you should have the following skills and experience

CA/CMA with at least 3-5 years of experience or MBA Finance/ Semi qualified Finance professionals eg: CA, CMA etc with at least 8 years of experience
Hands on experience in Microsoft Office
Knowledge in SAP would be preferred
Ability to manage multiple stakeholders, penchant for bringing new ideas and looking for continuous improvements

In return, we offer you

A challenging, innovative environment with great opportunities to explore. Our benefits are very competitive and designed around your preferences:
A rewarding career in Philips with attractive package. `
A variable bonus based on both Philips results and personal performance
Extensive set of tools to drive your career, such as a personal development budget, free training and coaching
Attractive collective health insurance package
Opportunity to buy Philips shares and products with discount

Location: Chennai


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