Job Description

#LI-PHILIN 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 itu2019s not just what we do, itu2019s who we are. We are 80,000, wonderfully unique individuals, with two things in common. and a relentless determination to deliver on our customersu2019 needs. Itu2019s what inspires us to create meaningful solutions u2013 the kind that make a real difference u2013 when it matters most. The world and our customersu2019 needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. Thatu2019s 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 live your passion for finance and accounting and develop your expertise in this area. Your responsibilities: Perform electronic and manual bank payments Process payroll and tax payments, Perform bank reconciliations, Perform month-end close activities, Monitor invoice payment deadlines, prepare remittances and control the execution of payments Prepare and submit documentation for internal controls (maintaining deadlines and good quality), Administer invoice approval workflow, including seeking direct approval from business operations Be in contact with the local banks in case of any issues, Handle internal customer inquiries and inquiries from outsourcing partners or authorities, Deliver services timely and in line with agreed controls, policies and procedures, Update work instructions, Other ad-hoc AP duties as required Position Qualifications You are a part of Our Globalu00A0Business Services APAC Hubu00A0in Chennai where we centralize ouru00A0business processes.u00A0Our focus is on supporting faster workflows and collaboration across departments,u00A0to enable leaner operations and improved results. 1000+ strong and growing,u00A0ouru00A0Global Business Services supporting our operations in 50 countries supported on a daily basis. To succeed in this role, you should have the following skills and experience University graduate or the last year of studies (Finance / Accounting / Economics) Previous experience in a similar Accounts Payable environment within an organization or SSC/BPO environment will be advantageous Up to date standard knowledge of corporate and local accounting rules will be advantageous Computer literacy u2013 Excel, Word and other large enterprise systems advantageous (e.g. SAP, Oracle etc.) Fluent English. Other European languages are welcome. Well-developed communication skills and problem solving attitude Ability to multi-task and work in a fast-paced environment Time management skills and discipline (accuracy and organizational skills are essential) Ability to work in teams and deadlines In return, we offer you A meaningful career, with new challenges in our dynamic organization, working in an encouraging multinational and multicultural environment. We are happy to provide you with this opportunity to work with new technologies. You will be surrounded by passionate and committed, colleagues who share your ambition to create outstanding customer experiences. Your work will be ambitious and full of opportunities for growth. Variety and challenge will be part of your daily routines.u00A0 How we work at Philips Our 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 u2013 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 u2013 for our hybrid roles. Hybrid work flexibility means people can meet the changing demands of work and home in the most balanced, productive, and healthy way. 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: There\'s a certain energy when everyoneu2019s in the same room that can heighten idea generation and creative friction needed for problem-solving. Choosing where, when and how to work can vary according to task and team schedules. Flexibility isnu2019t office or online, it means choosing the space that works best for you, your teams and our customers on a case-by-case basis. 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. Itu2019s 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. Notice for Philips Job Seekers It has come to our attention that a group of unknown fraudsters u00A0are reaching out to people on LinkedIn and other websites, u00A0offering fake employment opportunities and charging a fee in the name of Philips. We have noticed that these emails are using fake domain addresses as opposed to Philips domain (Philips.com). Please note that Philips has a merit-based employee selection practice mentioned on our official website (). We do not charge / accept any amount or security deposit from job seekers during the selection process or while inviting candidates for an interview. To find out more, please read :

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