Job Opportunity for Graduates at Philips

Overview:

Philips is hiring an experienced Accounting Specialist PTP at their Chennai location. In this role, you have the opportunity to live your passion for finance and accounting and develop your expertise in this area.

The complete details of this job are as follows:

Roles and 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

Skill 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 with 2 years experience
• Up to date standard knowledge of corporate and local accounting rules will be advantageous
• Computer literacy – 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

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