Lead - GBS RTR (Record to Report)
Key areas of accountability:
- The incumbent will be responsible for leading the Overall RTR Process Organization from the Global Hub (India & China), will be leading multiple Process Leads (organized as COE) to complete financial accounting activities & ensure high-quality delivery with seamless collaboration across Vendors, Oversight Team & Business/Market Finance.
- The incumbent will be responsible for Performance Outcomes & periodic review of Third Party Vendor who are supporting Hub RTR Organization
- The incumbent will be responsible for Group Internal & Statutory audits for the Organization.
- Incumbent with working closely with Business/Zone Finance and global process owners to ensure all financial accounting activities of the RTR process are executed with appropriate controls and end-to-end view
- Work closely with Vendors, Business/Market Finance and global process owners to build capabilities for executing centralised financial accounting processes, which allows the company to leverage its size, and improve both the efficiency & effectiveness (Productivity & Quality) of the finance organization.
- Aligns with internal control compliance for reliable financial reporting; and compliance with all financial regulations.
- Responsible for standardization and simplification of processes including digitization & RPA.
- Responsible for leading and partnering on transformational initiatives.
- Ensuring Compliance with Philips Standard Processes (PEPF). Drive improvements in Quality & achievement of KPIs at the Global level.
- Pre-empts and Investigates data irregularities and drives corrective sustainable actions proactively
- Takes decisions on administrative or operational matters for Finance processes and ensures effective achievement of Performance objectives.
- Drives improvement projects, upstream and downstream of finance processes with support from IT and other enablers
- Closely work with the Finance Leadership Team to establish strategic plans and objectives.
- Will be responsible for leading & developing high-quality team. Ensure Knowledge Transfer & management, Cross Training.
- Regularly interacts with executives and/or major customers. Interactions frequently involve special skills, such as negotiating with customers or management or attempting to influence senior-level leaders regarding matters of significance to the organization
Technical/Functional Competencies:
- 15+ years of relevant experience in successfully driving Finance Process Organisation in Captive Shared Service/Global Business Services Organization. Last 5+ yrs should be in a Top Leadership position influencing a large group of people
- Demonstrate commercial mindset and strong business acumen, proven ability to deliver actionable insights in complex and global business set-ups
- Experience of having managed a large size (100+) of experienced finance professionals
- He/She should be a Program/Project & Change Management expert
- Advanced technical skills in Excel, ERP (SAP preferred) and PowerPoint
- Experience with reporting & analytical tools, like Power BI, Qlikview, Qliksense,Business-Intelligenceenvironments, SQL, etc.
- Strong affinity to LEAN processes and tools
Behavioural Competencies:
- Strong influencing ability, effective communication, and with proven collaboration mindset
- Strong people-focus, adept at inspiring, coaching and mentoring high energy and high capability finance team.
- Can easily adapt to a fast-paced change environment.
- Proactive and action-oriented, continuous improvement mindset
- Not averse to deep-dive hands-on where needed.
- Ability to make decisions in ambiguous situations and in the absence of complete information.
- Strong customer centricity