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Philips

Freelance financial officer

Posted Jun 27, 2023
Project ID: PHILJP00025953
Location
Eindhoven, Noord Brabant
Hours/week
40 hrs/week
Timeline
5 months
Starts: Jul 17, 2023
Ends: Dec 31, 2023
Payrate range
40 - 64 €/hr

The Philips Intellectual Property & Standards Organization:


On the basis of its substantial investments in R&D Philips generates new technologies and other intellectual property (IP). To safeguard a proper return on these investments Philips Intellectual Property & Standards organization (IP&S) protects the fruits of Philips R&D through intellectual property rights (IPRs).



The IPR portfolio is used to support the Philips product divisions in achieving their business goals. In addition, IP&S actively seeks opportunities to license Philips? technologies to third parties, by which technologies can be shared with many partners and be brought to the market place even quicker.


Moreover, IP&S drives research and development programs in the area of optical storage, content management systems and other areas of interest with the aim to generate technologies, which it actively uses in setting new standards, in the areas of optical storage, content management and health.


IP&S also actively participates in the formulation of formal standards and regulations, like for safety, radiation and other product requirements, in order to safeguard favorable conditions for market access for products sold by Philips? Sectors.


To perform all its tasks IP&S has around 245 IP professionals and 75 support staff located in 19 offices in 11 countries around the world.


IP&S closely co-operates with all Philips businesses, research and development organizations and has extensive contacts with IP agents, IP offices and other governmental bodies in the various countries of the world.


IP&S is currently using an own developed system for the registration of the contracts and all the financials.



Your responsibilities:


You will be working in the IP&S organization as a financial officer contract to cash for multiple license programs. The Contract to cash group is part of the total License Administration Department. The contract to cash group consist currently 3 people. You report directly to the Senior Officer contract to cash of the License Administration Department.





The key areas for responsibility are:


  • Responsible for correct registration of master data of the contracts (including the log files).


  • Collects, verifies and processes data regarding IP usage


  • Register and allocate cash received from third parties


  • Invoicing licensees


  • Collect and register tax credit receipts


  • Produce standard reports


  • Propose improvements in the C2C process and the, currently used, GALA system


  • Responsible for own Balance sheet and P&L accounts for specification and correctness. Timely solving of old items by yourself or set out actions to the responsible people.


  • Incidental business support


  • Execute the ICS-Sox part of the C2C activities



We are looking for:


A financial officer contract to cash with:


  • At least a Bachelor Degree in F&A, Economics or Business Administration or equivalent experience


  • Team player


  • Understanding of /experience working with a financial system is a pre.


  • Pragmatic and hands-on approach


  • Customer service focus


  • Show determination to achieve excellent results


  • Excellent understanding of F&A processes and tools


  • Good communication skills


Knowledge and skills


  • Project management: development and deployment of new tools, processes and procedures


  • Excellent understanding of F&A processes


  • Experience in Accounting and knowledge of legal forms and organizations


  • Analytical thinking


  • English fluently


  • Advanced Excel skills


  • Expertise in Financial analysis

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