Tax Accounting and Reporting Manager

Tax Accounting and Reporting – Manager

Job Title

Tax Accounting and Reporting – Manager

Job Description

You are responsible for

This position allows you to use your financial reporting and tax accounting knowledge to ensure the financial integrity and transparency of the Royal Philips IFRS consolidated tax position and related reporting processes. The role requires a multi-disciplinary approach to ensure all stakeholders work together to produce timely and accurate reporting. While performing on current commitments, the successful candidate will look for ways to continuously improve the tax accounting processes impacting the accounting and tax teams at a global scale.

You will be part of the team responsible for:

• Hands-on preparation of our financial and management reports on a monthly and quarterly basis, as well as the preparation of relevant tax disclosures included in our Annual Report and our Country Activity and Tax Report,
• Overseeing and reviewing the tax positions as prepared by our local and regional tax teams to ensure correct, complete, and timely tax accounting and reporting in accordance with IFRS, guide local teams in finalizing the reporting in the tax tool.
• Performing periodical Tax forecasting process, carry out Deferred Tax assets (DTA) recognition process, and provide Tax (P&L and Cash) guidance for mid to long term.
• Interacting and discussing tax reporting topics with internal stakeholders (FP&A, Group consolidation, Investor relations) and external stakeholders including the auditor. 
• Identify and drive continuous improvements in the tax accounting and reporting tool (Hyperion Tax Provision)

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

Central Tax Accounting Group is looking for dynamic and energetic candidates with strong analytical skills and a strong financial reporting and data management background:

Knowledge required:

• Master’s degree in accounting / finance / economics, or CPA / CA level qualification
• 2+ years’ relevant experience in-house Direct tax reporting experience. Experience of working in a similar role at a client for a Big 4 will be considered.
• Ability to manage multiple deliverables and stakeholders’ expectations along with deadlines (month, quarter and year end and Annual Report deadlines),
• Experience with, or a keen interest in, Tax technology / IT systems (experience with Tax accounting tool- Hyperion Tax Provision tool will be an added advantage),
• IFRS

How we work at Philips

Our hybrid work concept fuses flexibility with collaboration to deliver great outcomes for our people and our customers. We are embracing an approach wherein we spend more time together than apart – which for full-time employees translates to an average of at least 3 days working from the office and up to 2 days from home – for our hybrid roles.

Hybrid work flexibility means people can meet the changing demands of work and home in the most balanced, productive, and healthy way.

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.

Experience Level

Mid Level