Job Title

Job Description

Ensure the integrity of the financial and management performance, and to support the implementation of standardized and efficient processes.

Your role:

• Taking co-responsibility with the Business Partner(s) (BP) over the integrity of financial and management reporting, and work to proactively advise the BP on the impact of accounting standards on different business scenarios.

• Interacting closely with the business to proactively advise on accounting requirements for business events in order to drive better business decisions by making early determinations on the impact of accounting guidance.

• Proactively identifying risks to the financial processes, and works with stakeholders inside and outside of Finance to address identified risks and financial process issues.

• Determining accounting treatment for events and transactions of a complex, unique, and/or judgmental accounting nature, as well as to apply new/revised accounting policies in consultation with Technical Accounting and Oversight (TA&O).

• Required to review the trial balance (TB) and closing topics (Pre-MEC(“Preliminary Month-End Closure”)) in the monthly process, and lead the risk based Financial Reporting Review (FRR).

• Proactively monitoring the Balance Sheet Account Reconciliations, Month-End Closure Process and Finance and Internal Control audits. This includes working across finance and nonfinance teams to address and close issues timely, review account documentation, and ensure reporting timelines are met.

• As being the main point of contact for the business over the RTR processes, responsible to collaborate with the BP to ensure business requirements are captured and that stakeholders are updated on the status of KPIs and on resolution of accounting and process issues.

• Leading resolution of RTR issues, and will coordinate both RTR (AS, Global Hub, other AccOps pillars and Infosys) and with non-RTR counterparts (e.g. BP, Supply Chain, Purchasing, HR, etc.) to drive resolution of issues and to build stronger processes.

• Building knowledge over business requirements, financial accounting processes and the underlying Market/BG processes within the Finance and non-Finance community, and keep the organization updated on business developments relevant to accounting processes and accounting integrity.

• Supporting statutory and fiscal reporting process

• In case of managerial position, managing the team KPI's, hold the team accountable for targets and support development of individuals in the team

• Managing processes by using LEAN tools, and use LEAN methods to address process issues and problems to address root causes and not just address the symptoms of the identified issue.

• Driving continuous improvement in the processes by regularly performing Kaizens, and by locally driving global improvement initiative.

You will be part of the accounting organization in META region. This role will report to the RTR Accounting Manager  META and will be responsible from supporting processes in  UAE and KSA .

You are the right fit if

• Bachelors degree in a Finance and Accounting orientated study, MBA is a strong asset.

• Accounting formal education, superior level degree (RA, RC, CPA)

• Minimum 5 years of related experience.

• Developed communication skills, (Written and Oral)

• Strong and formal IFRS knowledge

• Fluent in English, Arabic l language is an advantage.

• Experience in MENA region is a strong asset.

• Strong Excel skills and SAP knowledge preferred

• Strong knowledge of internal control processes and systems

• Preferably having audit or consulting experience from “Big 4” firms.

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.

this role is an office/ 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.

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