Asst Mgr Financial Services

Honeywell

Job Location:

Bengaluru - India

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Description

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.
Support in new SAP implementation & ensure stabilization within 3 month ends
Coordinate and support Internal audit external audit and SOX Compliance

Business Partnership and Process Improvement

Ensure a regular connection with 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.

Qualifications

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 Team handling experience 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 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 Strong leadership skills including coaching team building and conflict resolution. Strong people influence skills Project mindset can identify opportunities and lead the projects. Good business acumen including company legal entity regulatory and compliance design Good communication skills
Behavioral Attributes ( 8 Honeywell behaviors or COO attributes)	Have a passion for winning Act with urgency Be a zealot for growth Build exceptional talent

Required Experience:

Manager

DescriptionAccounting Control and ComplianceOverall 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 ac...

Description

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.
Support in new SAP implementation & ensure stabilization within 3 month ends
Coordinate and support Internal audit external audit and SOX Compliance

Business Partnership and Process Improvement

Ensure a regular connection with 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.

Qualifications

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 Team handling experience 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 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 Strong leadership skills including coaching team building and conflict resolution. Strong people influence skills Project mindset can identify opportunities and lead the projects. Good business acumen including company legal entity regulatory and compliance design Good communication skills
Behavioral Attributes ( 8 Honeywell behaviors or COO attributes)	Have a passion for winning Act with urgency Be a zealot for growth Build exceptional talent

Required Experience:

Manager

Key Skills

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About Company

Honeywell

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 ... View more

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