Philips

Job Title

Internship: Treasury Operations Specialist

Job Description

Job title:

As a Treasury Operations Intern you will join Treasury department of Royal Philips and contribute a high growth business that will help improve the lives of millions contributing with a global leader in Health Technology.

Location: Amsterdam

Start date: January 1, 2024

Duration: min 7 months

Contract: 40h/week

Your role:

• Participate in Month end accounting closing process.
• Work on IFRS accounting research for Treasury Accounting.
• Understand Financial risk and impact on Treasury controls.
• Preparing Daily PL report and performing daily reconciliations.
• Collect financial data and support treasury team in analyzing financial data.
• Support in bank confirmation process.
• Collaborate with the treasury team working with e-banking administration and access management for new and existing users.
• Work and develop process improvement to avoid mistakes and provide efficient solutions to the e-banking platforms and Treasury processes
• Creating reports to evaluate users’ activities in the platforms.
• Provide solutions and be the point of contact for different internal stakeholders in regards of e-banking

You're the right fit if:

1. Studying towards your Master’s in Finance, Business Economics or Accounting, with a high interest to learn about treasury

2. Having excellent MS Excel skills, able to manage and analyze data (pivot table, vlookup, etc)

3. You're proactive, structured, independent with an analytical eye and detail oriented

4. Knowledge of SAP is valuable

In return we offer you 

• A valuable learning experience in a leading global company that is at the forefront of healthcare technology and innovation. 
• Exposure to high-impact transformation initiatives and the opportunity to contribute to Philips' growth and success. 
• Mentorship and guidance from experienced professionals who are passionate about driving change and fostering your development. 
• A collaborative and inclusive work environment that values diversity and promotes equal opportunities. 
• Competitive compensation and benefits package, 
• Flexibility to balance your internship with your academic commitments. 

This is an addition to:

• 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. €192,- 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 share the outcome of this HireVue interview but will use this as extra selection criteria.

In order to be considered, you have to be registered as a student during the entire internship period. Formal documentation will be requested. Students from outside the EU enrolled at a Dutch university need to fill in a 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.

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 commitment to diversity and inclusion here.

#LI-EU