Accounting Specialist
Published date: 2026/11/07
- Location: Chennai, Tamil Nadu, India
Job TitleAccounting Specialist
Job Description
About PHILIPS:
Philips 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’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common. An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions – the kind that make a real difference – when it matters most.
The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.
About Philips Global Business Services (GBS)
Philips Global Business Services delivers excellence in the execution of business services, enabling an agile repeatable framework to leverage market opportunities that contribute to extending our leadership as a Health Technology company. Our people are a key part of the transformation program in Philips and at GBS, you become part of a global team of professionals that form the backbone of this journey.
In this role, you have the opportunity to
This role gives a full insight into the book closure activity of Philips and how it interacts with downstream and upstream activities. You will play a key role in bringing in the consolidated numbers for publishing
You are responsible for
• Ensure that the accounting is done accurately and on time.
• Review that all balances are correctly held and that adequate reconciliations are available with appropriate documentation
• Verify compliance with accounting standards and regulations based on IFRS
• Preparation & Review of JVs, BSARs, GBSR, Internal Controls related documentation
• Month-close activities
• Liaise with Market stakeholders on the regular activities / alignment/escalation management
• Provide accurate & timely data for fiscal reporting and other requirements.
• Prepare & share documentation/samples for audit
• Responsible for managing 3rd party colleagues on transactional activities.
• Responsible for Continuous Improvement projects and drive standardization as per goals.
• Provide commentary for the variances in Trial Statement Review & lead TSR calls as & when required
• Achieving RTR Goals & Key performance Indicators
Job Description
About PHILIPS:
Philips 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’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common. An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions – the kind that make a real difference – when it matters most.
The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.
About Philips Global Business Services (GBS)
Philips Global Business Services delivers excellence in the execution of business services, enabling an agile repeatable framework to leverage market opportunities that contribute to extending our leadership as a Health Technology company. Our people are a key part of the transformation program in Philips and at GBS, you become part of a global team of professionals that form the backbone of this journey.
In this role, you have the opportunity to
This role gives a full insight into the book closure activity of Philips and how it interacts with downstream and upstream activities. You will play a key role in bringing in the consolidated numbers for publishing
You are responsible for
• Ensure that the accounting is done accurately and on time.
• Review that all balances are correctly held and that adequate reconciliations are available with appropriate documentation
• Verify compliance with accounting standards and regulations based on IFRS
• Preparation & Review of JVs, BSARs, GBSR, Internal Controls related documentation
• Month-close activities
• Liaise with Market stakeholders on the regular activities / alignment/escalation management
• Provide accurate & timely data for fiscal reporting and other requirements.
• Prepare & share documentation/samples for audit
• Responsible for managing 3rd party colleagues on transactional activities.
• Responsible for Continuous Improvement projects and drive standardization as per goals.
• Provide commentary for the variances in Trial Statement Review & lead TSR calls as & when required
• Achieving RTR Goals & Key performance Indicators
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