Philips RTR Accounting Specialist in Shanghai, China
To ensure general ledger are in line with PRC GAAP/Philips Accounting Manual, especially the accruals are made with sufficient supporting documents and comply with Philips accounting manual and PRC GAAP. Local Business assets and liability are in correct record and sufficient control.
Deliver timely and sound assessment of accounting treatment for specific business cases
Approve judgmental manual accounting journal vouchers based on various business cases (if needed)
Perform balance sheet account reconciliations (“BSAR”), coordinate/follow up with other finance pillars and/or business team in connection with long ageing pending items/overdue reconciliation items, and continuous improvement of the quality of BSAR according to requirement of Philips directives. Monthly review meeting with Accounting Controller/Business partner for prepared BSAR;
Month-end and year-end closing including review of trial balances, investigate business rational for trail balance amount fluctuations. Implement process check with Infosys & Local Business to ensure data accuracy and avoid month end BCS manual adjustment.
Ensure monthly-end and year-end BCS upload completion according to the global timeline with no delay.
To ensure the VAT and/or other tax or surcharges have been correctly recorded/accrued from accounting perspective
Assist in implementing procedures that comply with ICS Guidelines. Assist in executing ICS control with sufficient documentary supporting evidence. Ensure green score for AccOps RTR responsible controls.
Continuous end-to-end accounting process improvement