Senior Director Reporting Policies

Senior Director Reporting Policies

As a specialist in IFRS this is an excellent opportunity for you to use what you have got and contribute to change in establishing and communicating the accounting policies of the Philips Group. Whatever your role, you’ll be helping implement BoM decisions, measure our performance, set company-wide standards and drive corporate initiatives. You may be involved in the creation of corporate products as diverse as our Annual Report, our brand image or a high-quality talent pool. But in every case, your activities will touch those of colleagues throughout Philips, as well as customers and stakeholders outside.

Corporate Control is the Corporate Staff department of Royal Philips Electronics with responsibility for the financial and management accounting activities of the company. Within Corporate Control the Policies & Directives Group is responsible for the establishment and communication of the accounting policies of the Philips Group.

 Responsibilties:

• Developing and/or updating accounting policies and finance directives and preparing related instructions on the basis of external developments (new standards) and internal business requirements.
• Advising reporting units on the application and interpretation of accounting policies.
• Reviewing internal reporting to ensure compliance with the Philips Accounting Policies and directives, SEC rules and IFRS.
• Participating in working groups dealing with complex accounting matters.
• Assisting in preparation of selected sections of the external financial statements
• Monitor and understand current and future changes in IFRS and assess the impact on Philips.
• Business partner in more complex accounting matters in areas of Mergers and Acquisitions, Divestments, revenue recognition, etc. Developing and Providing training courses for finance staff on complex accounting issues and new policies and directives
• Participating in working groups dealing with complex accounting matters
• Managing a team of specialists and ensuring their future goals in the organization.

Requirements

• Academic background in accounting with relevant professional qualification (Registered Accountant, CPA or equivalent) 
• At least 10 years of experience in financial reporting and/or auditor role (Big 4 background preferred)
• In-depth knowledge of accounting standards and active interest in new developments in this area
• Strong communication skills and an ability to communicate effectively with non-accountants
• Team player with ability to work under high pressure.
• Understanding of and sensitivity to business environment
• Ability to develop training courses that will useful to the people in the organization and ability to present effectively to different levels of finance professionals in the organization

Interested?
You can apply to this position by using the form below.
For further information please contact: Piet Jan Boringa +31 033 450 7160