Philips Looking for Enterprise IT Mergers & Acquisitions Analyst (SAP FICO ) at Chennai, Tamil Nadu Full Time

Job Title

Enterprise IT Mergers & Acquisitions Analyst (SAP FICO )

Job Description

#LI-PHILIN

About PHILIPS:
Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow.

But it’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common. An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions – the kind that make a real difference – when it matters most.

The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.

About Philips Global Business Services (GBS)

Philips Global Business Services delivers excellence in the execution of business services, enabling an agile repeatable framework to leverage market opportunities that contribute to extending our leadership as a Health Technology company. Our people are a key part of the transformation program in Philips and at GBS, you become part of a global team of professionals that form the backbone of this journey.

Job Description:
Job Responsibilities:
 Worked as a SME in E2E software global development & implementation projects

 Translates business requirements into user stories and validate Functional Requirement Specifications in accordance with approved IT Architecture.

 Provides feedback on the efficiency and effectiveness of the business processes.

 Develops and provides required user training for the implemented application.

 Collaborate with Business, IT Business Partners, Architects and Tech Leads to elaborate on the requirements.

 Understands how the IT solution supports the Business Process E2E. Has process and IT landscape expertise on Sector level, BG, Markets or Functions.

 Responsible to promote out of the box functionality to the BPE and Business community.

 Develop user stories/ wireframes (both functional and system operational requirements), maintain product backlog and work with client on elaboration and ambiguity resolution.

 Prior to UAT validates that solution meets business requirements.

 Responsible to validate test plan and functional test cases and sign off acceptance of the product

 Coaches the functional consultants including partners resources

 Promptly escalate issues, which affect product delivery and quality that are beyond scope of influence.

 Responsible for Software Quality, Compliance & Regulatory aspects of the solution.

 Ensure seamless business operations support (third line support) when needed.

 Responsible for designing use cases and acceptance criteria.

 Drive business process harmonization using industry best practices.

 Should be able to look beyond the current scope of work and be able to propose newer IT business propositions to stake holders and also recommend innovations to platform providers.

 Responsible to drive UAT and testing of functionality.

 Responsible to support Delivery Manager on Regulatory and compliance aspects of the project.

Technical Knowledge and Skills required:
 SAP FICO (Certification is preferred)

 Good understanding of integration & touch point with other modules

Soft Skills Required:
 Good communication and presentation skills

 Worked in business/client facing role

 Highly driven, energetic, flexible, resourceful & ability to multitask

 Clarity of thought and vision

 Ability to ideate and bring solutions to the table

 Adherence to timelines, without sacrificing quality of output

 Hands on and detail oriented, with a strong ability to co-ordinate across different Geographies and with different stakeholders

 Ability to manage multiple functions at same point of time

 Cross domain: clearly articulates problem statements to evolve solutions across domains.

 Innovation: is a creative thinker, develops new concepts and solutions across domains.

 Acts independently to determine methods and procedures on new or special assignments. May supervise the activities of others.

Work Experience:
 15 + years

 SAP FICO experience of at-least 12+ years

 SAP FSCM experience of at-least 1-2 years with strong functional knowledge

 At-least three full end to end implementation experience mandatory

 Expertise in all domains in SAP FICO – New GL including Document Splitting, Asset Accounting, Accounts Receivable and Payable, Automatic Payment processing, Payment method workbench, Period End Closing, Electronic Bank Statement processing, Lockbox processing, Check processing, Rebate and Accrual processing, Revenue Recognition, Results Analysis, General controlling, basic knowledge in Project system, General Controlling for CO related settings; Cost Element and Cost Center Accounting – Planning, Budgeting, Assessment, Distribution etc.; Internal Order Accounting – Planning, Budgeting, Settlement etc.; Product Costing – Planning, Cost Object Controlling, Actual Costing, Material Ledger; CO-PA – Profitability Segments and Characteristics, Planning, Flow of Actual Values, Reports

 Expertise in the FSCM modules – Credit Management – Master Data, Credit Limit Request, Credit Limit Check, DCD, Exposure updates, Handling standing enhancements; Collections Management – Master Data and Organizational Structure, Strategies, Worklist generation and handling, Ways of establishing contacts with customers; Dispute Management – Status and Profile Management, Case type definitions, Workflows; Biller Direct; Integration between AR and FSCM modules;

 Experience in translating high level solutions into detailed technical design

Academics:
 Bachelor’s degree with CA or CWA or MBA (Finance)

In return, we offer you

A meaningful career, with new challenges in our dynamic organization, working in an encouraging multinational and multicultural environment. We are happy to provide you with this opportunity to work with new technologies. You will be surrounded by passionate and committed, colleagues who share your ambition to create outstanding customer experiences. Your work will be ambitious and full of opportunities for growth. Variety and challenge will be part of your daily routines.

How we work at Philips

Our newly adopted hybrid work concept fuses flexibility with collaboration to deliver great outcomes for our people and our customers. We are embracing an approach wherein we spend more time together than apart – which for full-time employees translates to an average of at least 3 days working from the office and up to 2 days from home – for our hybrid roles.

Hybrid work flexibility means people can meet the changing demands of work and home in the most balanced, productive, and healthy way. Hybrid work flexibility means people can meet the changing demands of work and home in the most balanced, productive, and healthy way.

Our hybrid working model is defined in 3 ways:
We believe in the importance of impactful collaboration: There’s a certain energy when everyone’s in the same room that can heighten idea generation and creative friction needed for problem-solving.

We embrace flexibility: Choosing where, when and how to work can vary according to task and team schedules. Flexibility isn’t office or online, it means choosing the space that works best for you, your teams and our customers on a case-by-case basis.

We want to be at our best: The way we work and our workspaces are designed to support our well-being, offer career advancement opportunities, and enable us to be at our best.

Why should you join Philips?

Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year. Ultimately creating a career that no one could have planned for. Even you.

Notice for Philips Job Seekers

It has come to our attention that a group of unknown fraudsters are reaching out to people on LinkedIn and other websites, offering fake employment opportunities and charging a fee in the name of Philips. We have noticed that these emails are using fake domain addresses as opposed to Philips’s domain (Philips.com). Please note that Philips has a merit-based employee selection practice mentioned on our official website (www.philips.co.in). We do not charge / accept any amount or security deposit from job seekers during the selection process or while inviting candidates for an interview. To find out more, please read : https://www.philips.co.in/a-w/about-philips/public-notice.html