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Philips Internship: Technical Accounting and Oversight (Non-thesis) in Amsterdam, Netherlands

Start date: July 1 / July 15 2024

Duration: 7 months, with a possibility to extend

Working hours: 32-40 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 (preferred) 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 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

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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