Job Title
Internship: Technical Accounting and Oversight (Non-thesis)
Job Description
Start date: January 15, 2025
Duration: 4 to 6 months with a possibility to extend
Working hours: 24 to 32 hours per week
In this role, you have the opportunity to
Join the Technical Accounting and Oversight team (TA&O) specialists in performing research on particular accounting matters related to the International Financial Reporting Standards (IFRS) and gain experience working on various projects, both in collaboration with the team and independently.
You are responsible for
Assisting TA&O specialists in performing research on particular accounting matters relating to the International Financial Reporting Standards (IFRS)
Organize and help facilitate training events for the finance community
Prepare accounting PowerPoint presentations for various stakeholders
Help in performing financial reporting reviews
Revision of Philips accounting manual
You are a part of
The Technical Accounting and Oversight (TA&O) team within Accounting, Reporting and Internal Control (ARIC) in Royal Philips. The TA&O team is responsible for the establishment and communication of the accounting policies of Royal Philips and for keeping these policies up to date.
To succeed in this role, you should have the following skills and experience
Studying towards a Bachelor’s or Master’s degree in Accounting or Finance
Background knowledge in accounting, with basic training in IFRS as part of your education
Excellent knowledge of PowerPoint and Excel
Team player with ability to work under pressure with tight deadlines
Strong communication skills and a can-do, positive mindset
Fluent in written and spoken English
In return, we offer you
The unique opportunity to contribute to the accounting knowledge within our organization while working as part of an international team and collaborating on many cross-team projects. We welcome you to grow personally and professionally, and become a part of the Royal Philips talent network!
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 perform a part-time internship, you will receive an 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 landlord, 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 products at our Philips shop
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 company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
IMPORTANT:
Part of our selection procedure is a HireVue online interview recording. We are not able to correspond the outcome of this HireVue interview but will use this as extra selection criteria.
Notes:
Please note that to be considered for an internship, you need to be registered as a student during the entire internship period. Formal documentation of which may be requested at any time. 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.
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