Philips PtP Specialist in Seoul,

Monitor the execution of the entire Purchase to Pay (P2P) process. Coordinate P2P process in Philips, liaising with Philips Businessess and and Infosys as appropriate.

Investigate, propose and execute the implementation of further P2P process improvements. Manage/coordinate local accounts payable and expenses activities.

Helpdesk for P2P related questions of Infosys or local organizations. Is first point of contact and support in escalations. Address issues where necessary.

Deliver relevant information for proper execution of the process by Infosys. Initiate and participate in projects or actions to improve the overall performance quality of the P2P process.

Provide relevant reporting to both Fin Ops and sector management

You are responsible for

  • E2E responsible for execution of all relevant purchase to pay (PtP) processes for South Korea in compliance with directives and in an effective way

  • Executor responsible for the ICS(Internal Control System / 내부통제시스템) controls relating to the PtP processes

  • First point of contact for audits (internal/external)

  • Supports obtaining collateral (담보) on new and existing customers

  • Supports cash concentration accounts at month-end

  • Manages legal/doubtful accounts to third party collection agency

  • Manages IRMD (Insurance and Risk Management Department) for all sectors and communicate with insurance company

  • To meet local FX(Foreign Exchange) requirements, centralized outgoing payment to oversea third party suppliers require some preparation

  • Reconciles In-house bank balance on a monthly basis and execute hedge exposures on DS

  • Confirms FX deals with headquarter dealingroom and local banks

To succeed in this role, you should have the following skills and experience

  • Bachelor's Degree in Business Administration or Accounting with at least three years of relevant experience in the sphere (K-title: Daeri – Kwajang)

  • Up to standard knowledge of corporate and local accounting rules, being able to apply those in daily life

  • Profound knowledge of relevant end-to-end processes, having relationships with the Purchasing, Infosys, controllers, AccOps peers

  • Experienced in managing multiple projects whilst adhering to strict deadlines

  • Pragmatic & logical thinker with an eye for detail and an analytical mind

  • Decisive, self-motivated and able to work independently.

  • Proactive and ability to analyze, investigate, find root causes and interact with proper channels for solutions and communication purposes.

  • Ability to communicate in English and interact in a multi-cultural environment.

Why should you join Philips?

Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum at . Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways. Learn more by watching this video .

To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page at on our career website, where you can read stories from our employee blog at . Once there, you can also learn about our recruitment process at , or find answers to some of the frequently asked questions at .