New Job Opening For Students in UK
Organization Name : Phillips
Post Name : Finance Analyst
Employment Type : Full Time
Qualification : Any Graduate
Industry : Private
Work Hours : 8 Hours
Job Experience : Fresher
Salary : GBP 3000 To GBP 3500 Per Month
Location : Farnborough, England, United Kingdom, GU14 6XW
Koninklijke Philips N.V. is a Dutch multinational conglomerate corporation that was founded in Eindhoven, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is still in Eindhoven. Philips was formerly one of the largest electronics companies in the world, currently focused on the area of health technology, with other divisions being divested.
The company was founded by Gerard Philips and his father Frederik, with their first products being light bulbs. in its name, due to its refocusing from consumer electronics to healthcare technology.
Philips is organized into three main divisions: Personal Health (formerly Philips Consumer Electronics and Philips Domestic Appliances and Personal Care), Connected Care, and Diagnosis & Treatment (formerly Philips Medical Systems). The lighting division was spun off as a separate company, Signify N.V.
The company started making electric shavers in 1939 under the Philishave brand, and post-war they developed the Compact Cassette format and co-developed the Compact Disc format with Sony, as well as numerous other technologies. As of 2012, Philips was the largest manufacturer of lighting in the world as measured by applicable revenues.
Philips has a primary listing on the Euronext Amsterdam stock exchange and is a component of the Euro Stoxx stock market index. It has a secondary listing on the New York Stock Exchange. Acquisitions include that of Signetics and Magnavox.
Financial analysts are responsible for tracking a company’s financial performance against a plan, analyzing business performance and market conditions to create forecasts, and helping senior management make tactical and strategic decisions by providing periodic reports. However, not all financial analysts work with financial institutions or help their employers make investments. For example, a company may hire a financial analyst to measure the effectiveness of various marketing campaigns relative to cost.
Most financial analyst roles require a degree in accounting, economics, statistics, or business administration. Though not required, a CPA or an MBA may be preferred. A financial analyst should be very good with numbers and solving problems, and should be familiar with the workings of the economy, tax laws, and money markets.
Financial analysts are responsible for financial planning, analysis and projection for companies and corporations. They forecast future revenues and expenditures to establish cost structures and determine capital budgeting for projects. Senior-level financial analysts work with CFOs and other executive-level team members to set company-wide investment direction and policies.
Provide analytical, forecasting, reporting, and project support to senior management
Produce monthly reports, which include key metrics, financial results, and variance reporting
Spearhead the annual and quarterly budgeting and forecasting processes
Identify opportunities for performance improvement across the organization
Maintain knowledge and keep abreast of new investment regulations or policies
Develop models that help with decision-making
Expert-level analytical and financial modeling skills
Great presentation skills
Ability to influence and persuade
Knowledge of ERP systems and related technologies
Strong understanding of Sarbanes-Oxley
Excellent time management and organizational ability
Ability to multitask and meet constant deadlines
Willingness to work long hours, when necessary