Philips Internship Finance & Accounting - Consolidation Reporting GC R 

Netherlands, North Holland, Amsterdam 

965337035

Internship: Finance & Accounting - Consolidation and Reporting (GC&R)
Job Description

Internship - not suitable for thesis
minimum until the end of February 2025 is a must
40 hours/week
September 2024

In this role, you will be part of the Group Consolidation and Reporting (GC&R) team which is responsible for consolidation and financial reporting of Royal Philips. As well as annual, quarterly and monthly financial reporting, GC&R also works on significant projects within Royal Philips, such as acquisitions or divestments, plus various other initiatives such as finance knowledge management and improvement projects.

Your responsibilities

• Assist in the planning and co-ordination of the quarterly press release and annual report process, this involves liaising with other teams within Royal Philips (eg: Sustainability, Design, Tax).

• Assist inXBRL (eXtensible Business Reporting Language)filings for theAFM (Autoriteit Financiele Markten - Dutch Authority for the Financial Markets)andSEC (Securities and Exchange Commission).

• Retrieval of data from our financial system and processing this in our reporting tool

• Assist in the monthly internal financial reporting process and analytical reviews.

• Contribute to other ad hoc projects, such as GC&R team projects or process improvements projects.

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

• Currently studying towards Bachelors or Masters in Finance/Accounting, an interest in IFRS and financial reporting

• Good knowledge of Microsoft Office suite (in particular Excel and PowerPoint as well as SAP Analysis for Microsoft Office)

• Team player, with good communication skills and a positive attitude

• Organized, with a structured approach to work and attention to detail; ability to prioritize and to work under pressure

• Fluency in oral and written English

In return, we offer you

Next to that, we are offering a decent internship package:

• 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. €145,- net

• Paid holidays per internship term.

• The opportunity to buy Philips equipment at our Philips shop

Please note that in order to be considered for an internship,Formal documentation (proof of enrollment) will be requested. Students from outside the EU need to fill in an 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.