Description

Job Title
Accounting Specialist, IGTD (Plymouth, MN)

Job Description

As an Accounting Specialist, IGTD (Image-Guided Therapy Devices) you will support a growing business unit within a complex $4B+ healthcare organization. In this role, you'll execute accounting processes, manage period-end close activities, and ensure accurate reconciliations and documentation under general supervision. You'll collaborate across teams to prepare financial reports, analyze data for trends, and recommend improvements for efficiency and compliance. The ideal candidate brings strong accounting expertise, a flexible mindset, and the ability to manage ambiguity in a dynamic environment. With a background in the medical device industry (preferred), you excel in continuous improvement, risk assessments, due diligence, and cross-functional collaboration-especially while supporting project-based initiatives.

Your role:

• Support core accounting operations by managing journal entries, month-end close, reconciliations, and compliance across multiple ERP systems-including contributing to an SAP migration-while ensuring accuracy and adherence to SOX and internal controls.
• Lead specialized finance areas such as intercompany accounting, cash management, foreign currency forecasting, tax support, and fixed asset maintenance, working closely with cross-functional teams to ensure accurate records and efficient operations.
• Deliver financial insights through data analysis, master data integrity, reconciliations, and reporting-communicating findings to stakeholders to drive continuous improvement.

You're the right fit if:

• You've acquired 3+ years' experience in accounting with Bachelor's Degree OR minimum 4+ years of experience with Vocational Education in areas such as Accounting, Finance or equivalent.
• Your skills include end-to-end accounting processes, financial statement integrity, and hands-on experience with SAP (required) and QuickBooks (preferred). You bring solid Excel, analytical skills, and financial acumen across areas like FP&A, fixed assets, and cash flow management.
• You have a Bachelor's Degree in Accounting, Finance, Business Administration OR Vocational Education or equivalent.
• You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position .
• You are an excellent communicator - persuasive, assertive, and proactive in solving problems and coordinating priorities across stakeholders. You can work independently with minimal oversight, adapt quickly in dynamic environments, collaborate effectively with cross-functional teams and consistently take initiative to identify and implement process improvements that drive efficiency, clarity, and results.

How we work together

We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company's facilities. Field roles are most effectively done outside of the company's main facilities, generally at the customers' or suppliers' locations.

This is an office role.

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 improve the lives of others.

• Learn more about our business .
• Discover our rich and exciting history.
• Learn more about our purpose.
• Learn more about our culture.

Philips Transparency Details

The pay range for this position in Plymouth, MN is $64,000 to $102,000.

The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.

In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives, may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here .

At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.

Additional Information

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Plymouth, MN.

This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.

Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.