Philips Internship 2025: Finance & Accounting
Are you looking to kickstart your career in finance and accounting with a globally recognized company? Philips is offering an exciting internship opportunity 2025 for international students in Finance & Accounting – Consolidation and Reporting (GC&R). This opportunity is offered in Amsterdam that will provide hands-on experience in financial reporting, consolidation, and much more to interested students.
About the Internship
- Location: Amsterdam (Hybrid Work Mode)
- Type: Full-time Internship (40 hours/week)
- Start Date: February 2025
- Suitability: Not suitable for thesis purposes
As an intern, you’ll join the Group Consolidation and Reporting (GC&R) team, responsible for managing Royal Philips’ financial reporting and consolidation. You’ll contribute to quarterly and annual reports, assist with projects like acquisitions, and support process improvement initiatives.
Benefits of Joining Philips as an Intern
As an intern, you’ll gain invaluable experience working in a high-performing finance team within a global organization. Benefits include:
- Monthly Allowance: €500–€700 (gross) based on your education level and relocation status.
- Housing Compensation: Up to €300 net per month for students relocating to Amsterdam.
- Travel Compensation: Up to €145 net if you’re ineligible for free public transport.
- Paid Holidays: For the internship term.
- Philips Equipment Discounts: Access to buy Philips products at discounted prices.
Your Responsibilities as an Intern at Philips
- Coordinate tasks for quarterly press releases and annual reports.
- Assist with regulatory filings (e.g., XBRL for AFM and SEC).
- Process financial data using reporting tools.
- Support monthly internal financial reporting and analytical reviews.
- Participate in ad-hoc projects and process improvement initiatives.
Eligibility Criteria
To be considered for this internship, you should meet the following requirements:
- Currently pursuing a Bachelor’s or Master’s degree in Finance/Accounting with an interest in IFRS and financial reporting.
- Proficiency in Microsoft Office, especially Excel and PowerPoint (SAP Analysis knowledge is a plus).
- Strong communication skills and a positive, team-oriented attitude.
- Well-organized and detail-oriented with the ability to work under pressure.
- Fluent in English (oral and written).