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Job Information

Philips Senior Manager Internal Control in Eindhoven, Netherlands


In this role, you have the opportunity to

Drive the assessment of risks and internal control over financial reporting (ICOFR). Key activities include performing ICOFR risk impact assessment on new or existing processes, developing and maintaining Corporate SOX framework, advising on the design and implementation of controls, support the remediation of control deficiencies and support on the remediation of design gaps for a process. This is a challenging role, requiring adherence to deadlines, communication skills and a flexible approach.

You are responsible for

  • Help create value for the finance organization by designing efficient solutions to drive operational efficiencies, compliance with company policies, and thereby reducing risk of material financial reporting misstatements.

  • Administration of the quarter and annual Sarbanes-Oxley certification process.

  • Represent Internal Controls in selected Audit & Risk Committees

  • Participate in system and project implementations which have Internal Control /SOx implications.

  • Work closely with different levels of management and business process owners to ensure key controls are timely identified and embedded in the process, tested, and operating effectively.

  • Monitor and advice process owners on action plans for remediation of deficient controls on a timely basis.

  • Perform root cause analysis and design efficient and effective remediation plans.

  • Work closely with process/control owners to ensure that audit findings are timely resolved.

  • Contribute to the preparation of periodic reporting to key stakeholders such as senior management.

  • Identify opportunity to increase efficiency and continuously improve on the existing internal control framework.

  • Develop and maintain strong relationships with Head of Finance, Business Process/Control Owners and Internal Audit to determine key risk areas that needs process improvement.

  • Assist in developing practical approaches and solutions that address internal control compliance challenges and issues.

  • Assist to drive change, implement process improvements, and be a valued business partner

You are a part of

Global Internal Control Team (ICT), which is the global responsible for securing compliance with Philips’ Internal Control System and the Sarbanes Oxley Act (SOx), as well as, for driving and executing strategic programs in the Internal Control domain with a view to always maintain the robustness of the Philips internal control framework.

ICT is part of Accounting, Reporting & Internal Control (ARIC) within Philips Finance organization.

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

  • Bachelor’s or Master’s degree in Accounting or Finance.

  • Certified Public Accounting (CPA) or Certified Internal Audit (CIA) is a plus.

  • A minimum of 8 years of professional experience.

  • Previous experience as Auditor (gained preferably in one of the Big 4 public accounting firms).

  • Strong knowledge of IFRS.

  • Experience in finance compliance is a must.

  • Ability to identify, document and evaluate key financial and business control processes within a global organization.

  • Ability to comprehend the relationship between different control procedures and objectives and the impact on overall internal control framework.

  • Strong analytical skills.

  • Knowledge of MS Office (i.e. Word, Excel and PowerPoint), knowledge of internal control compliance tool is a plus.

  • Fluent in English, both written and verbal.

  • High motivation and ablility to manage in a changing environment.

  • Confident communicator with strong interpersonal skills, effective in dealing with people at all levels.

  • Comfortable working in a team and independently, willing and able to take on responsibility.

In return, we offer you

A path towards your most rewarding career. We will support your personal and professional development with the opportunity to further advance your career in a company that believes in offering its employees the challenges and opportunities they need to grow professionally and personally.

We also believe that we are at our best as a company when you are at yours as a person. Thus, we offer competitive health benefits, a flexible work schedule and access to local well-being focused activities.

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 . 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 on our career website, where you can read stories from our employee blog . Once there, you can also learn about our recruitment process , or find answers to some of the frequently asked questions .