Statutory Accounting Manager

Job Title

Job Description

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.

Responsibilities

• Monitors & prepares Statutory financials as per local GAAP/IFRS.
• Keeps him/herself updated with changes on statutory & tax rules and regulations; assesses business impact. 
• Manager Global Statutory audits from Chennai Hub.
• Ensures that non-recurring transactions are properly accounted, documented and that they pass their audit reviews. Establishes (local) policies & procedures for statutory accounting & reporting, including statutory accounts.
• Designs & adjusts statutory processes, procedures, document flow & controls. Supports statutory audits. Fulfills requests from regulatory & tax authorities. 
• Ensures that non-recurring transactions are properly accounted for and documents are properly stored.
• For Holding: Supports with footnote information on the Annual Report.
• Support Process transition from various markets.

Knowledge and Skills required

• Handled international statutory Accounting or Audit activities
• Preferably used any stat accounting tool
• Experienced in process transitions
• Need to handle Balance sheet reconciliation
• Review Trial balance
• Prepare financial statements
• Understanding of GAAP/IFRS
• Good in project management skills.

Soft Skills Required

• Good communication and presentation skills
• Good in stake holder management
• Ability to work independently
• Highly driven, energetic, flexible, resourceful & ability to multitask
• Clarity of thoughts and vision
• Ability to ideate and bring solutions to the table
• Adherence to timelines, without sacrificing quality of output
• Hands on and detail oriented, with a strong ability to co-ordinate across different Geographies and with different stakeholders at Exec and Director levels  
• Straightforward, honest and succinct communicator. Can organize, clarify and communicate complex ideas quickly, succinctly and accurately.
• Creative. Demonstrated ability to think innovatively connecting the dots where others cannot when it comes to consumer/ customer and user data to create business building insights

Work Experience

• 6+Experience in Finance domain, with at least 2+ year of experience post CA qualification
• Should have experience in stat accounting process, can be from organizations like Shell, Big 4s, Caterpillar etc. 
• Having exposure in process transitions and project management