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Job Summary
The Accounting Specialist is responsible for providing accurate and timely data for fiscal reporting, ensuring financial information is complete and compliant with standards while collaborating with other departments, working under direct supervision. The role analyzes complex financial data to identify trends and opportunities, develops concepts and techniques for improving accounting processes, and executes complex accounting tasks. The role communicates with stakeholders to provide updates, report findings, and evaluates internal control processes for effectiveness and compliance. The role helps to create detailed financial reports and presentations, and monitors accounting processes, identifying areas for improvement, and implementing changes to enhance efficiency and accuracy.

Job Description
Prepare and review manual journal entries and ensure that bookings / accounting is accurately and timely maintained.
Prepare/review balance sheet reconciliations and ensure all balances are correctly held and that adequate reconciliations are available with appropriate documentation.
Maintain control, allocation, recording and physical verification processes for Philips fixed assets and Payroll accounting activities.
Perform and deliver month end closing with quality
Deliver financial statement analytical review from accounting perspective
Verify compliance with accounting standards and regulations
Support the local ORUs in providing accurate and timely data for group consolidation