Job Description

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Job Title

Analyst - P2P (ICA)
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Job Title: Analyst - P2P

Mission

The ORU AS is responsible for recording the financial transactions between different entities within Philips, covering invoice posting, accruals, journals, and reconciling all intercompany-related activities for all entities serviced out of Finance Chennai. This role translates complex business events into accurate and comprehensive accounting treatments while safeguarding the accounting process and taking corrective actions as necessary

Key Goals

No accounting errors, Adherence to KPIs and controls, No audit findings, MJV, MEC, BSAR and continuous improvements

Key Areas of Responsibility

Primarily responsible for managing/monitoring the Intercompany

Reconciliation

process


Ensure

ICA Invoice posting and Clearing

are performed accurately and on time


Ensure effective execution of internal controls of ICA process


Preparing and approving all BSAR in Blackline as per BSAR directives and ensuring the actions are tracked and resolved


Attending to all

business queries

and requests /reports


Ensuring timely completion of month-end and

year-end activities

Participate in

ICA MEC Connect

and ensure closure of actions


Support

Internal audit, Statutory Group Audit and Local Audits

Adherence to ICA KPI and Problem solving for all deviations.


Support the

Continuous Improvement

projects and drive standardization as per goals


Ensuring the quality and completeness of the ICA accounting processes as per standards

Participate and support the Standardization

and Harmonization of the ICA Process


Liaise with Market stakeholders on the regular

activities/alignment/escalation management

Key Contacts - Collaboration

Accounting Controller


Order management/Supply chain management team


Treasury


KPENV


ARIC Group Consolidation & Reporting


Local Market


Upstream and Downstream Process


RTR Zone AS/Lead/Director


Business Process Expert

ICA/ORU AS is a financial role with preferred skills in the area of

Set priorities and consistently adhere to them


Continuous improvement mind set


Knowledge in financial reporting and internal controls


Analytical skills


People/networking


Communicate effectively


Stakeholder management to achieve the process goals


Work experience in SAP and MS Office


Committed Team Player, contributing to collective success

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.

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.


o Learn more about our business .


o Discover our rich and exciting history .


o 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 .