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  4. Record-to-Report Accounting Controller, META

Record-to-Report Accounting Controller, META

  • Philips
  • Riyadh, Saudi Arabia
  • Posted 15 Oct
  • Verified source
Job type
Full-time
Work mode
Hybrid
Seniority
Senior
Salary
Not stated

Summary

Philips, a health technology company, is hiring a regional Record-to-Report Accounting Controller for META. The role owns monthly, quarterly and annual close, reporting integrity, technical accounting, statutory-to-IFRS reconciliations, internal controls and audit coordination. It also coordinates a distributed accounting team and works with shared service centres and regional business functions. The posting lists Istanbul and Riyadh as locations and says office-based teams work in person at least three days per week. Applicants need a recognized accounting qualification, 10 or more years of multinational controllership experience, strong IFRS knowledge, SAP and advanced Excel.

The posting

As published on philips.com. Pulled from the employer's site and shown as they wrote it.

Job Title

RTR Accounting Controller META

Job Description

You own the integrity of the financial record across every operating reporting unit and legal entity in META region — from local statutory books through to group consolidation. This is a technical controllership role in a very demanding accounting environment: hyperinflationary economies, currency-restricted markets, distributor-led routes to market, and statutory regimes that diverge materially from IFRS.

You will act as the regional point of contact for Record-to-Report, coordinating across Accounting Operations, the Global Hub, shared service centers and outsourced providers.

Your Role:

Reporting integrity:

  • Own the monthly, quarterly and annual close for the region: trial balance review, pre-MEC and MEC topics, and the risk-based Financial Reporting Review. Deliver accurate, timely and complete data for group consolidation.

  • Review financial statements for accuracy and compliance with IFRS and internal accounting policy, and hold the region to reporting deadlines.

  • Monitor Balance Sheet Account Reconciliations, ensuring aged and unsupported items are documented, challenged and cleared.

Technical accounting:

  • Determine the accounting treatment for complex, judgemental and non-routine transactions — including revenue recognition over distributor and indirect channel arrangements, rebates and stocking terms, provisioning, and contract accounting — in consultation with Technical Accounting & Oversight.

  • Manage the statutory-to-IFRS bridge: local GAAP books, statutory audits, tax audits, and local e-invoicing and reporting regimes across the region's jurisdictions.

  • Advise the business early on the accounting consequences of proposed transactions, entity changes and commercial structures, so decisions are taken with the accounting outcome understood upfront.

Controls and risk:

  • Identify risks in the financial process proactively and drive remediation with stakeholders inside and outside Finance.

  • Own the region's internal control framework (ICS), coordinate Finance and internal audits, and close findings on time.

  • Ensure balance sheet exposures are correctly stated, including FX translation, currency-restricted cash positions, accounts receivable provisioning and inventory valuation.

Process and stakeholders:

  • Act as the regional point of contact for Record-to-Report, coordinating across Accounting Operations, the Global Hub, shared service centres and outsourced providers, and driving resolution of upstream issues across the functions such as Supply Chain, Procurement, HR, Commercial and others.

  • Drive standardisation and continuous improvement of accounting processes across the region, reducing manual intervention and close cycle time.

  • Coordinate, develop and hold accountable a distributed accounting team; manage team KPIs and build technical capability across the markets.

You are the right fit if you have:

Essential:

  • A recognized professional accounting qualification — CPA, ACA/ACCA, CA(SA), SMMM or equivalent.

  • Bachelor's / master's degree in accounting, Finance, Business Administration or equivalent.

  • Minimum 10+ years of progressive accounting and controllership experience in a multinational environment, including responsibility across multiple legal entities and jurisdictions.

  • Deep, applied IFRS knowledge — not familiarity alone, but demonstrated judgement on complex and contested treatments.

  • Practical experience in emerging or high-volatility markets: currency devaluation, restricted repatriation, and local statutory regimes that diverge from group reporting.

  • A strong internal controls background and experience managing external and internal audit.

  • Experience coordinating remote or distributed teams and operating through shared service centres or outsourced accounting operations.

  • SAP proficiency and advanced Excel.

  • Fluent written and spoken English, Arabic or Turkish knowledge strong asset.

  • Hands-on and solution driven. You go to the detail yourself when the detail matters.

  • Comfortable holding a position with senior stakeholders when the accounting requires it.

  • Able to translate technical accounting into consequences the business understands and acts on.

Preferred:

  • Big 4 audit background.

  • Hands-on experience with IAS 29 hyperinflationary reporting.

  • Healthcare, medtech or another regulated industry.

  • Experience with distributor and indirect channel revenue models.

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.
Indicate if this role is an office/ role.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't 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 you’re 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 culture of impact with care here.

#LI-EU

#LI-OFFICE

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Closing date

dayshrsminsec

No closing date at the source

The employer's site doesn't give one, so this job can close any day. Check the posting before you count on it.

Check the posting on philips.com

Skills

  • ACCA
  • CPA
  • English
  • External Audit
  • IFRS
  • Internal Controls
  • Microsoft Excel
  • SAP

Philips

Healthcare

All jobs at Philips

ReferenceGH 2B27 98E7 70D5

Always check the employer's original posting for details.

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