Job Information
Philips RTR Accounting Specialist in Suzhou, China
Job Summary
The Accounting Specialist 40 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. The role communicates with stakeholders to provide updates, report findings, and evaluates internal control processes for effectiveness and compliance. The role helps to create detailed financial reports and presentations, and monitors accounting processes, identifying areas for improvement, and implementing changes to enhance efficiency and accuracy.
Job Description
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.
Complete Internal Controls work in accordance with the Internal Control Standard (ICS) tool on a timely and accurate basis.
Assist in the preparation for and execution of internal and external audits
Required Qualifications and Skills
Bachelor's Degree in Accounting, Finance
Minimum of +3 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 work independently and as part of a team
Ability to handle multiple tasks and meet deadlines
Good organizational and time management skills
Fluent in English, Japanese is preferred
How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
Indicate if this role is an office/field/onsite role.
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.