Honeywell

Job Description

Key Responsibilities

Critical activities of the job

Accounting, Control and Compliance

• Overall end-to-end owner of accounting, control and compliance for the assigned entities (High -Significant risk/Manufacturing/ Non-manufacturing multi SBG co codes).
• Ensure entity comply with US GAAP and HON policies.
• Own, manage and co-ordinate end-to-end accounting and control process including the period-end closing activities. Deliver a standard month end close timetable & ensure compliance across entities.
• Troubleshoot system jobs for Month End; identify root cause & timely resolution to deliver close.
• Exposure & understanding of technical accounting (Project, Revenue, cost accounting, assessment & distributions, COPA cycles)
• Ensure foreign transactions including Hedging and translations are properly recorded.
• Own and/or support balance sheet review process. Completion of quarterly variance analysis of the B/S and P/L
• Ensure robust controls in place and drive action to remediate deficiency
• Manage balance sheet account reconciliation processes, ensure recons are delivered with quality and drive closure of aged / unreconciled / invalid items as per policy.
• Coordinate and support Internal audit, external audit and SOX Compliance

Entity Controller:

• Ensuring quality & timely submission of International Tax Packs & Workbooks for 10k & 10Q fillings.
• Oversee the deliverables from GA operations team.

Business Partnership and Process Improvement • Ensure a regular connection with Country Controllership, key stakeholders in finance and business to deliver US GAAP compliant financials.

• Identify and lead process improvement opportunities, lead the project and ensure completion
• Responsible for transitioning Controllership Ops activities & ensuring due diligence on all new Controllership ops transition and new work / growth
• Partner with business on new initiatives and join projects
• Provide financial reports, analysis, explanations and advice based on knowledge of financial info, relevant GAAP & supporting SAP systems to SBU/auditors
• Manage the ad-hoc queries from business / in-country team / other stakeholders.
• Ensure excellent relationships are maintained with internal and external stakeholders for Region / SBG / Group.

Competencies

Specific knowledge, skills and experience needed to successfully undertake duties of the job

Education and Certifications

• Bachelor Degree in Finance or equivalent with strong finance operational background
• Chartered Accountant/ICWA / equivalent with strong academic achievements.

Required Experiences • Min 8-10 years of experience in public accounting and similar industry

• Experience of handling financial statements of companies with international presence and hands on knowledge transition experience preferred

Knowledge and Skills Critical

• Hands on experience with SAP / Systems knowledge of SAP and HFM
• Extensive knowledge of US GAAP
• Knowledge of R2R concepts, processes and best practices
• Good working knowledge of US GAAP, Local GAAP and Sarbanes Oxley
• Good knowledge of internal control framework / SOX at multinational setup
• Process orientated with excellent problem solving skills
• Strong technical and analytical skills
• Familiar with Sarbanes Oxley and Six Sigma
• Project mindset, can identify opportunities and lead the projects.
• Good business acumen including company, legal entity, regulatory and compliance design
• Good communication skills

Responsibilities

Key Responsibilities

Critical activities of the job

Accounting, Control and Compliance

• Overall end-to-end owner of accounting, control and compliance for the assigned entities (High -Significant risk/Manufacturing/ Non-manufacturing multi SBG co codes).
• Ensure entity comply with US GAAP and HON policies.
• Own, manage and co-ordinate end-to-end accounting and control process including the period-end closing activities. Deliver a standard month end close timetable & ensure compliance across entities.
• Troubleshoot system jobs for Month End; identify root cause & timely resolution to deliver close.
• Exposure & understanding of technical accounting (Project, Revenue, cost accounting, assessment & distributions, COPA cycles)
• Ensure foreign transactions including Hedging and translations are properly recorded.
• Own and/or support balance sheet review process. Completion of quarterly variance analysis of the B/S and P/L
• Ensure robust controls in place and drive action to remediate deficiency
• Manage balance sheet account reconciliation processes, ensure recons are delivered with quality and drive closure of aged / unreconciled / invalid items as per policy.
• Coordinate and support Internal audit, external audit and SOX Compliance

Entity Controller:

• Ensuring quality & timely submission of International Tax Packs & Workbooks for 10k & 10Q fillings.
• Oversee the deliverables from GA operations team.

Business Partnership and Process Improvement • Ensure a regular connection with Country Controllership, key stakeholders in finance and business to deliver US GAAP compliant financials.

• Identify and lead process improvement opportunities, lead the project and ensure completion
• Responsible for transitioning Controllership Ops activities & ensuring due diligence on all new Controllership ops transition and new work / growth
• Partner with business on new initiatives and join projects
• Provide financial reports, analysis, explanations and advice based on knowledge of financial info, relevant GAAP & supporting SAP systems to SBU/auditors
• Manage the ad-hoc queries from business / in-country team / other stakeholders.
• Ensure excellent relationships are maintained with internal and external stakeholders for Region / SBG / Group.

Competencies

Specific knowledge, skills and experience needed to successfully undertake duties of the job

Education and Certifications

• Bachelor Degree in Finance or equivalent with strong finance operational background
• Chartered Accountant/ICWA / equivalent with strong academic achievements.

Required Experiences • Min 8-10 years of experience in public accounting and similar industry

• Experience of handling financial statements of companies with international presence and hands on knowledge transition experience preferred

Knowledge and Skills Critical

• Hands on experience with SAP / Systems knowledge of SAP and HFM
• Extensive knowledge of US GAAP
• Knowledge of R2R concepts, processes and best practices
• Good working knowledge of US GAAP, Local GAAP and Sarbanes Oxley
• Good knowledge of internal control framework / SOX at multinational setup
• Process orientated with excellent problem solving skills
• Strong technical and analytical skills
• Familiar with Sarbanes Oxley and Six Sigma
• Project mindset, can identify opportunities and lead the projects.
• Good business acumen including company, legal entity, regulatory and compliance design
• Good communication skills

About Us

Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.