Analyst - P2P (ICA)

Job Title Analyst - P2P (ICA) Job Description Mission  The ORU AS is responsible for recording the financial transactions between different entities within Philips, covering invoice posting, accruals, journals, and reconciling all intercompany-related activities for all entities serviced out of Finance Chennai. This role translates complex business events into accurate and comprehensive accounting treatments while safeguarding the accounting process and taking corrective actions as necessary    Key Goals  No accounting errors,  Adherence to KPIs and controls, No audit findings,  MJV, MEC, BSAR and continuous improvements      Key Areas of Responsibility  Primarily responsible for managing/monitoring the Intercompany Reconciliation process  Ensure ICA Invoice posting and Clearing are performed accurately and on time Ensure effective execution of internal controls of ICA process Preparing and approving all BSAR in Blackline as per BSAR directives and ensuring the actions are tracked and resolved Attending to all business queries and requests /reports Ensuring timely completion of  month-end and year-end activities Participate in ICA MEC Connect and ensure closure of actions Support Internal audit, Statutory Group Audit and Local Audits Adherence to ICA KPI and Problem solving for all deviations. Support the Continuous Improvement projects and drive standardization as per goals Ensuring the quality and completeness of the ICA accounting processes as per standards Participate and support the Standardization and Harmonization of the ICA Process Liaise with Market stakeholders on the regular activities/alignment/escalation management Key Contacts - Collaboration Accounting Controller Order management/Supply chain management team Treasury KPENV ARIC Group Consolidation & Reporting Local Market Upstream and Downstream Process  RTR Zone AS/Lead/Director  Business Process Expert     ICA/ORU AS is a financial role with preferred skills in the area of  Set priorities and consistently adhere to them  Continuous improvement mind set  Knowledge in financial reporting and internal controls  Analytical skills  People/networking  Communicate effectively   Stakeholder management to achieve the process goals  Work experience in SAP and MS Office  Committed Team Player, contributing to collective success  To succeed in this role, you should have the following skills and experience B Com, /M Com/MBA with CA Inter/CMA inter 3+ yrs of End-to-End ICA experience. How we work together We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.   About Philips Are you ready to do the work of your life to help the lives of others? Learn more about our business , discover our rich and exciting history and 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 culture of impact with care .