Senior Analyst (Rebate Specialist) – RTR
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Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job Title
Senior Analyst (Rebate Specialist) RTRJob Description
Job Title: Senior Analyst (Rebate Specialist) RTR
Location: Chennai
About the Job:
As Senior Analyst/Rebate Specialist you will join Philips Accounting Operations team and responsible for providing accurate and timely data for fiscal reporting ensuring financial information is complete and compliant with standards while collaborating with other departments working under direct supervision. The role analyzes complex financial data to identify trends and opportunities develops concepts and techniques for improving accounting processes and executes complex accounting tasks. The role communicates with stakeholders to provide updates report findings and evaluates internal control processes for effectiveness and compliance. The role helps to create detailed financial reports and presentations and monitors accounting processes identifying areas for improvement and implementing changes to enhance efficiency and accuracy.
On daily basis you will have a chance to take an active role in helping to form our centralized Record to Report team and the accounting and reconciliation activities that relate to Rebates process globally for Personal Health business. This work all supports our existing teams of Pricing Officers/Rebates Managers and Finance Business Partners who are responsible for rebates accrual settlements and release along with the ICS controls.
Your role:
Creates and maintains rebate agreements manages accrual booking and settlement activities and hence are input providers for Control execution
Provides data for queries raised for PH rebate reconciliations
Support to process settlement or release
Download/Provide selected sample data
Calculates and processes cash discounts and bonuses
Issue Credit Notes/Debit Notes to settle the rebates
Close cooperation with Finance Business Partners Accounting Controllers Pricing Officers/Rebates Managers
Preparing monthly/quarterly/yearly rebate eligibility reports to share with finance and sales teams to track rebate eligibility and performance of sales to the customer over the period
Ensure all business events and transactions are properly recorded and justified
Perform Reconciliation/BSAR and work on the unreconciled items with Rebates BPE IT Business for clearing
Support MEC queries and resolve issues
Provide accurate & timely data for fiscal reporting and other requirements
Support Internal Audit Statutory Group Audit and Local audits including process walkthrough test of controls documentation coordination
Collaborate well with all the business stakeholders for smooth flow of business and migrations
End to end responsible for migration (Vistex Non-Vistex Adesso any other tool)
Drive improvements in rebates process automation
Youre the right fit if:
Bachelors degree or equivalent or vocational Education in finance accounting business administration economics
Minimum 3 to 6 years of experience in Accounting/RTR; Rebates process is considered a plus
Experience in SAP system is a must knowledge of Vistex is considered a plus
Analytical skills proficient in MS Excel
Fluent English - both written and spoken
Excellent communication skills
Customer service focus
Determination to achieve excellent results
Possibility of shift work
How we work together
We believe that we are better together than apart. For our office-based teams this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the companys facilities.
Field roles are most effectively done outside of the companys main facilities generally at the customers or suppliers locations.
Indicate if this role is an office/field/onsite role.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters and we wont stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
Learn more about our business.
Discover our rich and exciting history.
Learn more about our purpose.
If youre interested in this role and have many but not all of the experiences needed we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here.
#LI-PHILIN
Required Experience:
Senior IC
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About Company
Philips has been revolutionizing lighting for over 125 years. We pioneered the world changing development of electric light and LED, and are now leading the way in intelligent lighting systems. Our deep understanding of how lighting positively affects people, enables us to deliver inn ... View more
