RTR Team Lead - GRC

Job Title

RTR Team Lead - GRC

Job Description

Job title:
The RTR Team Lead is responsible for spearheading the development and execution of accounting strategies, ensuring they align with corporate goals and regulatory requirements. The role oversees the financial closing process, managing the preparation and consolidation of financial statements, and ensuring compliance with International Financial Reporting Standards (IFRS). The role implements robust internal controls, conducts detailed financial analyses, and provides actionable insights to senior management. The role directs key financial processes, collaborates with cross-functional teams, and ensures adherence to regulatory requirements.

Your role:

• Accountable for the integrity of the financial statements of the ORUs and ensure the related internal control framework within the region

• Ensures consistent application of R2R processes in line with prescribed global standards

• Manage stakeholders in the region and strengthen the relationships with the business

• Assist RTR Lead to deploy global transformation project

• Review processes, identify, access, and execute the process improvement for accounting/financial reporting

• Lead the team to deliver month end closing with quality

• Lead the team to deliver financial statement analytical review from accounting perspective

• Leads discussions with the BP (Pre-MEC, MEC TS, evaluation of business events, structuring of contacts)

• Lead the team to harmonize the preparing, reviews and signs off on monitoring controls (BSAR, BSR, TSR, ICS)

• Accountable to drive and deliver on performance targets within the scope of the region.

• Drive continuous improvement and end-to-end process simplification for the Record to Report (RTR) process.

• Lead process optimization initiatives, streamline workflows, and foster a culture of continuous improvement within the RTR function.

• Identify opportunities to simplify RTR processes, enhance efficiency, and implement sustainable improvements in daily operations.

You're the right fit if:

• Bachelor’s degree in finance or Accounting

• At least 2 years’ experience in relevant position

• At least 8 years of relevant experience with 5+ years’ GL accountant or F&PA experience in finance, preferably controlling or accounting in multinational companies.

• Proven strength in running GL & reporting functions, setting up principles and processes, preferred to be in MNCs.

• Master level capabilities required in Process improvement and Project & Change management

• Advanced level capabilities required in Managing controls and Analytics & systems

• Advanced level capabilities required in Financial Accounting & Reporting and competencies in Influencing business decisions

• Excellent communication skills, with the ability to liaise with a variety of stakeholders.

• Strong negotiation and relationship building skills, excellent conflict management skills.

• Experience with lean practices and metrics.

• Good command of English, both oral and written.

• Knowledge of SAP is a MUST.

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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 culture of impact with care here.