Internship: Finance & Accounting - Consolidation and Reporting (GC&R)

Internship: Finance & Accounting - Consolidation and Reporting (GC&R)

Job title:
In this role, you will be part of the Group Consolidation and Reporting (GC&R) team which is responsible for consolidation and financial reporting of Royal Philips. As well as annual, quarterly and monthly financial reporting, GC&R also works on significant projects within Royal Philips, such as acquisitions or divestments, plus various other initiatives such as finance knowledge management and improvement projects.

Your role:

• Assist in the planning and co-ordination of the quarterly press release and annual report process, this involves liaising with other teams within Royal Philips (eg: Sustainability, Design, Tax).
• Assist in XBRL filings for the AFM and SEC.
• Retrieval of data from our financial system and processing this in our reporting tool.
• Assist in the monthly internal financial reporting process and analytical reviews.
• Contribute to other ad hoc projects, such as GC&R team projects or process improvements projects.

You are a part of

The Group Consolidation and Reporting (GC&R) team, which is a part of ARIC (Accounting, Reporting and Internal Control). The team is responsible for consolidation and financial reporting of Royal Philips. The team is based at the Philips Center in Amsterdam and has a size of around 20 people. We are an international team and we warmly welcome newcomers.

You're the right fit if:

• Currently studying towards Bachelors or Masters in Finance/Accounting, an interest in IFRS and financial reporting
• Good knowledge of Microsoft Office suite (in particular Excel and PowerPoint as well as SAP Analysis for Microsoft Office)
• Team player, with good communication skills and a positive attitude
• Organized, with a structured approach to work and attention to detail; ability to prioritize and to work under pressure
• Fluency in oral and written English

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.

• Monthly full-time allowance between €500 - €700 gross, depending on educational level. If you will perform a part-time internship you will receive the allowance pro-rata.
• Housing compensation, in case of relocating to the vicinity of the office, €300 net if location is in the vicinity of Amsterdam, €255 net for all other Philips locations. You need to provide a rental contract of the landlord, and your normal home-work travel distance needs to be more than 50 km or travel time (one way trip) needs to be more than 1.5 hours.
• Travel compensation, if you are not eligible for a free public transport card; you will receive max. €192 net
• Paid holidays per internship term.
• The opportunity to buy Philips equipment at our Philips shop

About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.

Over 125 years ago, Frederik and Gerard Philips started a small light bulb company in Eindhoven. Little did they realize that it would become a global force of innovation, committed to improving billions of lives worldwide. But it did.

Today, Philips is a world leading health technology company with a vision to make life better for people worldwide through meaningful innovation. Making good on this promise depends on our passionate, inspirational, collaborative and diverse team.

We have over 80,000+ brilliant people around the world but are always looking for more. Like-minded, motivated, focused minds to join us in creating a healthier, more connected society while transforming themselves personally and professionally.

Working at Philips is more than a job. It's an experience filled with unexpected moments that will transform you in lasting and positive ways. Help us improve the world for the better while building a career that no one could have planned for. Even you.