Philips India Limited is a subsidiary of Royal Philips of the Netherlands, a leading health technology company focused on improving peoples health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment, and home care. Philips leverages advanced technology, deep clinical and consumer insights to deliver integrated solutions.
The company is a leader in diagnostic imaging, image guided therapy, patient monitoring and health informatics as well as in consumer health and home care.
VACANCY DETAILS :
Post name : Senior Accounting Specialist.
Qualification : CA Inter/CMA Inter/CA/CMA/MBA.
Experience : 03-05 yrs for CA/CMA
08 yrs for CA Inter/CMA Inter/MBA.
Location : Chennai.
JOB DESCRIPTION :
Ensure revenue recognition for equipment business, as per accounting standard(IFRS 15). 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.
RESPONSIBILITIES :
1. Execution and take responsibilities for ICS/SOX controls to make it effective. Take corrective actions and documentation for audit purposes.
2. Proactively identify control deficiencies and work with business to mitigate deficiencies/risks.
3. Review of JV's, BSARs, GBSR, Internal controls related documentation.
4. Preparation of judgmental JV's.
5. Month -close activities.
6. Liaise with Market Stakeholders on the regular activities/alignment/escalation management.
7. Provide accurate and timely data for fiscal reporting and other requirements.
8. Justification of end balance and documentation of aged /manual items.
9. Responsible for managing the performance of 3rd party colleagues.
10. E2E responsible for all accounting processes.
11. Support year-end adults including process walkthrough test of controls documentation, coordination.
12. Ensure all business events and transactions are properly recorded and justified.
13. Achieving RTR Goals and key performance Indicators.
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