Philips Head Internal Control 

Netherlands, North Holland, Amsterdam 

939463572

Head of Internal Control
Job Description

The Head of Internal Control leads the Philips internal control team and internal control processes to ensure compliance with all aspects of Philips’ Internal Control System, the Sarbanes Oxley Act (SOx) and other regulatory requirements.

• Leading an effective internal controls program to safeguard our financial integrity and ensure compliance with SOx, applicable laws and regulations.

• Overseeing our Internal Control process, including setting the scope, supporting the design, documentation, assessing the Company’s internal controls over (non) financial reporting, training and the annual testing plan.

• Leading the global Internal Control team that will perform ICoFR risk assessments, maintaining the Internal Control (SOx) framework, advising on the design and implementation of controls, the remediation of control deficiencies, and equipping the organization with tooling to supervise controls on an ongoing basis as well as training, as well as organizing the quarterly and annual SOx certification process.

• Liaise with external auditors and regulatory authorities to facilitate audits and inquiries as needed.

• Representing Internal Controls in Audit & Risk Committees.

• Preparation of periodic reporting to key stakeholders, senior management and the Audit Committee.

• Drive continuous improvement initiatives to enhance the efficiency and effectiveness of our compliance processes.

• Bachelor’s or master’s degree in accounting or finance.

• Post-master’s degree in Auditing (Qualification as Registered Accountant (Dutch RA), Chartered Accountant or ACCA, CPA equivalent education).

• 12+ years of relevant professional (SOx and Big 4) experience.

• Experience working as Head of Internal Controls in a global matrix company.

• Experience in finance compliance with a proven understanding of IFRS, COSO, SOx and IT general controls.

• Strong experience in people leadership and developing talent.

• Highly motivated and able to lead in a changing environment and always looking for solutions while acting as a partner to the business.