Job Description

Job Title Accounting Operations ManagerPhilips 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\xe2\x80\x99s not just what we do, it\xe2\x80\x99s who we are. We are 80,000, wonderfully unique individuals, with two things in common. and a relentless determination to deliver on our customers\xe2\x80\x99 needs. It\xe2\x80\x99s what inspires us to create meaningful solutions \xe2\x80\x93 the kind that make a real difference \xe2\x80\x93 when it matters most.The world and our customers\xe2\x80\x99 needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That\xe2\x80\x99s 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 betterLooking at the challenges the world is facing today, Philips\xe2\x80\x99 purpose has never been more relevant. So whatever your role, if you share our passion for helping others, you\xe2\x80\x99ll be working towards creating a better and fairer future for all.We are looking for an experienced Accounting Operations Manager to join our team.You are responsible for:

• Staying updated with changes on statutory rules and regulations (working closely with our external partners) to be able to assess business impact
• Translate IFRS/GAAP to Local GAAP via statutory adjustments
• Provide accurate, completed & timely data for statutory reporting, fiscal reporting and other requirements
• Manage on local level Operating Model for Statutory Reporting/CIT (TOM)
• Contact point for our external partner and local authorities (if applicable) Manages Statutory and Periodic Internal Audits.
• First contact point for external auditors (if applicable).
• Fulfills requests from regulatory & tax authorities- provide support during fiscal audits.
• Co-ordination with Accounting Operation, Tax Group, MTM, CTM on any other statutory accounting related activities
• Constantly look for improvement opportunities in the area of direct responsibility, but not limited to and drive implementation (compliance, quality and process efficiency)
• Complete Internal Controls work according to Internal Control Standards (ICS) tool on a timely and accurate basis and supervise ICS tasks carried out by other members
• Drive standardization/harmonization of Statutory Accounting ways of working across regions
• Develop KPI\xe2\x80\x99s/measurements to effectively measure and monitor out performance across regions
• Ensuring right availability of talent with adequate knowledge
• Responsible for timely compliance and quality of Indirect Tax (VAT, GST etc.) filings as per local regulations.
• Ensure that the financial statements present a correct, fair and updated representation of indirect tax liabilities/assets and risks.
• To ensure adequate control over the Indirect tax process across the organization and ensure Internal control framework through ICS is correct deployed, answered and reviewed
• Ensure all stakeholders in Indirect tax process (Group tax, Infosys, Other AccOps Pillars, Other third party providers, IT) are engaged and aligned to ensure smooth operations of Indirect tax process
• To ensure Indirect tax process and Organization in the geographies in scope comply to Overall Strategy of Accounting Operations/ Indirect tax and initiate and drive changes as needed

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

• ACCA / Bachelor\xe2\x80\x99s Degree in Accounting or Finance
• Min. 10 years of accounting experience
• Familiar with local tax and statutory requirements
• Good technical knowledge of IFRS
• Local GAAP qualification (CPA equivalent) a plus
• Good interpersonal and stakeholders management skills
• Independent and Self-motivated
• And a Team Player

How we work at PhilipsOur 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 \xe2\x80\x93 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.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\xe2\x80\x99s 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\xe2\x80\x99t 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\xe2\x80\x99s 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.Visit our careers website to explore what it\xe2\x80\x99s like , read stories from our , find information about our and answers to some .By submitting your resume and related information in the manner set out in this job post, you consent for Philips and Philips\xe2\x80\x99 authorized nominee to collect, process, transfer and store your personal data for purpose of the application for the above-mentioned job opportunity. Further, in the event you provide any personal information of another data subject as referee, you confirm that the relevant data subject consented to the disclosure of such personal data to Philips and Philips\xe2\x80\x99 authorized nominee. For more information and details on our Privacy Policy, please visit .

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