Job Title
Lead - GBS RTR (Record to Report)
Job Description
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 70,000, 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.
Job Summary:
In this role, you are expected to ensure proactive and timely analysis in the business or market to support the business partner in decision-making. Works together with Finance Business Partners on core deliveries to ensure that they are delivered in a timely and duly manner, (re) designs finance processes to fit business needs and ensures that the business-related changes are properly reflected in the businesses.
Key areas of accountability:
The incumbent will be responsible for leading the Overall RTR Process Organization from the Global Hub (India & China), will be leading multiple Process Leads (organized as COE) to complete financial accounting activities & ensure high-quality delivery with seamless collaboration across Vendors, Oversight Team & Business/Market Finance.
The incumbent will be responsible for Performance Outcomes & periodic review of Third Party Vendor who are supporting Hub RTR Organization
The incumbent will be responsible for Group Internal & Statutory audits for the Organization.
Incumbent with working closely with Business/Zone Finance and global process owners to ensure all financial accounting activities of the RTR process are executed with appropriate controls and end-to-end view
Work closely with Vendors, Business/Market Finance and global process owners to build capabilities for executing centralised financial accounting processes, which allows the company to leverage its size, and improve both the efficiency & effectiveness (Productivity & Quality) of the finance organization.
Aligns with internal control compliance for reliable financial reporting; and compliance with all financial regulations.
Responsible for standardization and simplification of processes including digitization & RPA.
Responsible for leading and partnering on transformational initiatives.
Ensuring Compliance with Philips Standard Processes (PEPF). Drive improvements in Quality & achievement of KPIs at the Global level.
Pre-empts and Investigates data irregularities and drives corrective sustainable actions proactively
Takes decisions on administrative or operational matters for Finance processes and ensures effective achievement of Performance objectives.
Drives improvement projects, upstream and downstream of finance processes with support from IT and other enablers
Closely work with the Finance Leadership Team to establish strategic plans and objectives.
Will be responsible for leading & developing high-quality team. Ensure Knowledge Transfer & management, Cross Training.
Regularly interacts with executives and/or major customers. Interactions frequently involve special skills, such as negotiating with customers or management or attempting to influence senior-level leaders regarding matters of significance to the organization
Technical/Functional Competencies:
15+ years of relevant experience in successfully driving Finance Process Organisation in Captive Shared Service/Global Business Services Organization. Last 5+ yrs should be in a Top Leadership position influencing a large group of people
Demonstrate commercial mindset and strong business acumen, proven ability to deliver actionable insights in complex and global business set-ups
Experience of having managed a large size (100+) of experienced finance professionals
He/She should be a Program/Project & Change Management expert
Advanced technical skills in Excel, ERP (SAP preferred) and PowerPoint
Experience with reporting & analytical tools, like Power BI, Qlikview, Qliksense, Business-Intelligence environments, SQL, etc.
Strong affinity to LEAN processes and tools
Behavioural Competencies:
Strong influencing ability, effective communication, and with proven collaboration mindset
Strong people-focus, adept at inspiring, coaching and mentoring high energy and high capability finance team.
Can easily adapt to a fast-paced change environment.
Proactive and action-oriented, continuous improvement mindset
Not averse to deep-dive hands-on where needed.
Ability to make decisions in ambiguous situations and in the absence of complete information.
Strong customer centricity
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.
Our commitment to inclusion and diversity
At Philips, we provide equal opportunities to all our employees and to all eligible applicants for employment in our company , irrespective of age, color, disability, nationality, race, religion, gender, sexual orientation (LGBTQ +), and all aspects that make individuals unique. Encouraging diversity and fostering inclusion are key to our mission of improving the lives of
- 5 billion people a year by 2030 through meaningful innovation. We have fair, transparent, and clear employee policies which promote diversity and equality, in accordance with currently applicable law. For, we believe that life is better when #youareyou.
Why should you join Philips
Working at Philips is more than a job. It's 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.
