Philips Internship FP & Cost Management possible thesis 

Netherlands, North Holland, Amsterdam 

392195006

Internship in FP&A Cost Management (possible with thesis)

Start date:as soon as possible or Q3 2024

6 months

Internship()

32-40 hours

Your role:

Be at the heart of the implementation and standardization of cost management processes and programs. By delivering meaningful, accurate, and timely reporting & analysis on performance-related committed cost savings, you will assist relevant stakeholders with making fact-based decisions and driving actions to achieve the business ambition.

• Performing global cost and productivity savings analytics and reporting progress across financial cycles

• Proactively engaging with submitters of savings initiatives and tracking follow-ups

• Preparing PowerPoint decks on target setting and underpinning processes.

• Ensuring quality, accuracy, and integrity of information stored in our systems, enabling a single source of truth for productivity savings.

• Constantly looking for new opportunities to improve and streamline existing ways of working in analysis and reporting.

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

• Master student in Economics, Finance, Business Analytics, or other relevant field

• Strong Excel and PowerPoint skills

• Fluent in English

• Team-player, result-driven & proactive

• Ability to manage multiple priorities and expectations effectively, work in a fast-paced, dynamic environment

In return, we offer you

• Monthly full-time allowance between €500 - €700 gross, depending on educational level and if you would need to relocate to The Netherlands. If you will perform a part-time internship you will receive the allowance pro-rata.

• Housing compensation, in case of relocating to the vicinity of the office, €300,- net if location is in the vicinity of Amsterdam, €255,- net for all other Philips locations. You need to provide a rental contract of the land lord, and your normal home-work travel distance need to be more than 50 km or travel time (one way trip) need to be more than 1.5 hours.

• Travel compensation, if you are not eligible for a free public transport card; you will receive max. €192,- net

• Paid holidays per internship term.

• The opportunity to buy Philips equipment at our Philips shop

In order to be considered, you have to be registered as a student during the entire internship period. Formal documentation will be requested. Students from outside the EU enrolled at a Dutch university need to fill in a NUFFIC agreement – which needs to be signed by the student and the university.

Please note that the contents of our regular internship assignments are not suitable for professionals (and/or MBA students) with professional work experience.

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