PHILIPS is Hiring: Analyst – RTR | Freshers Can Apply | Chennai Location

Kickstart your career with a global healthcare leader! Philips is currently hiring freshers and early professionals for the role of Analyst – Record to Report (RTR) in Chennai, offering a unique opportunity to grow within a dynamic and innovation-driven organization.

📌 Job Role: Analyst – RTR (Record to Report)

🏢 Company: PHILIPS

🌍 Location: Chennai, Tamil Nadu

🕒 Experience: 0 to 2 Years

📚 Qualification:

• B.Com / M.Com graduates

• Freshers and candidates with up to 2 years of experience in R2R processes are welcome

✅ Key Skills Required:

• Solid Microsoft Excel skills (VLOOKUP, Pivot Tables, Charts, Formulas)

• Working knowledge of SAP (ERP System)

• Ability to coordinate with cross-functional teams and manage multiple stakeholders

• Passion for process optimization and continuous improvement

• Strong analytical and communication skills

💼 Roles & Responsibilities:

• Ensure accurate and timely processing of financial transactions as per internal SLAs

• Perform monthly, quarterly, and annual book closures under the R2R framework

• Handle account reconciliations, journal entries, and reporting

• Collaborate with internal stakeholders across finance, operations, and audit teams

• Support internal controls and SOX compliance

🎯 How to Crack the Philips Analyst – RTR Interview: Pro Tips & Insights

📖 1. Understand the R2R Process Deeply

Record to Report (R2R) is more than just closing books. Learn about:

• End-to-end finance operations (recording, reconciliation, reporting)

• Importance of compliance and internal controls

• Tools used in financial reporting like SAP, Oracle, or Power BI

🧠 2. Brush Up on Core Accounting Concepts

Expect questions around:

• Journal entries

• Trial balance vs. general ledger

• Reconciliation techniques

• Month-end and year-end processes

🛠️ 3. Excel & SAP Practice

• Be ready to showcase your Excel skills live (pivot tables, advanced formulas)

• Learn basic SAP navigation, T-Codes like FB50, FBL3N, FS10N, etc.

👥 4. Soft Skills Matter

• Situational questions on teamwork, stakeholder management, or conflict resolution

• Communication clarity is a big plus for global teams

📈 5. Follow Philips Core Values

• Innovation and you

• Caring

• Integrity

• Teamwork

Aligning your answers with their values can create a strong impression.

🔥 Exclusive Tips (You Won’t Find Elsewhere!)

• 📌 Use STAR Method for answering behavioral questions (Situation, Task, Action, Result)

• 📌 Learn Philips’ Digital Transformation Strategy – show that you’re aligned with their future goals

• 📌 Bring Ideas: Talk about one small improvement you would suggest in an R2R process (like automating reconciliations or using macros)

• 📌 Follow Philips Careers on LinkedIn – sometimes interviewers ask if you follow the brand

📚 Useful Resources to Prepare:

• LinkedIn Learning: Excel for Accountants

• Coursera: Introduction to SAP by openSAP

• YouTube: Philips India Campus Recruitment Experiences

• Reddit & Quora Threads: “How I Got Into Philips Finance”

📝 How to Apply:

Apply directly through the Philips Careers Page or stay tuned to trusted job portals like JobSearchers for verified listings.