Full-Time
Entity Controller
Honeywell
10,001+ employees
Diversified industrial conglomerate: aerospace, automation, safety
No salary listed
Pune, Maharashtra, India
In Person
Bachelor's, Master's, MBA
 Accounting (1) |
|---|
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- CA with 3-5 years of experience
- Semi qualified Chartered Accountant / equivalent with good academic achievements 7-10 years experience
- BCom, MCom, MBA with relevant experience
- Min 3-10 years of experience with exposure to accounting and reporting
- Experience of project accounting and inventory accounting of big size entities with international presence and hands on knowledge transition experience preferred
- Good to have Ind AS experience and expert knowledge
- Hands on experience with SAP / Systems knowledge of SAP and HFM
- Extensive knowledge of US GAAP & IGAAP
- 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
- Good technical and analytical skills
- Good business acumen including company, legal entity, regulatory and compliance design
- Good communication skills
- Strong, proven Customer / Service orientation mindset
- Ability to multi-task at different levels and work on simultaneously on multiple priorities
- Project Accounting and Inventory Accounting for listed entity including good understanding technical accounting (Project, Revenue, cost accounting, Standard cost working, assessment & distributions, COPA cycles, project settlements)
- Support in preparation of financial statements on quarterly basis by preparing the Sales Bifurcation/ Project accounting reconciliation/ Inventory provision walks / Unbilled AR provisions etc.
- Act as entity Controller for the small and mid-size entities and prepare Support in financial statements and audit co-ordination
- Exposure of IND AS, FEMA and relevant laws prevalent in India to ensure smooth Audit completion of the assigned areas.
- Ensure entity complies with HON policies.
- Own and/or support balance sheet review process. Completion of quarterly variance analysis of the B/S and P/L. Perform preparation of account reconciliations in blackline and drive better control.
- Ensure timely preparation/submission of all statutory compliance reportings.
- Overall end-to-end owner of accounting, control and compliance for the assigned small entities including review of account reconciliation and TB review.
- Reduce the time for local reporting and number of additional entries.
- Ensure a regular connection with extended team, key stakeholders in finance and business to deliver US GAAP & IGAAP compliant accounting/ reports.
- Maintain transparent accounting practices and ensure excellent relationships are maintained with internal and external stakeholders. Timely communication and collaboration with relevant stakeholders on the accounting matters.
- Identify & propose process improvement/automation opportunities.
- Provide financial reports, analysis, explanations and advice based on knowledge of financial info, relevant GAAP & supporting SAP systems to SBU/auditors.
- Support implementation of Treasury, Tax and Controllership initiatives
- Identify and lead process improvement opportunities, lead the project and ensure completion.
- Manage the ad-hoc queries from Auditors / other stakeholders.
Honeywell designs and sells technologies across four areas: aerospace, building automation, performance materials and technologies, and safety and productivity solutions. Its products combine hardware, software, and services such as aircraft systems, building controls, specialty chemicals, materials, sensors, software, and personal protective equipment to improve efficiency, safety, and performance. The company differentiates itself through a large, diversified global portfolio and by providing end-to-end integration across design, manufacturing, installation, maintenance, and analytics. Its goal is to help customers operate more reliably and efficiently, reduce costs and environmental impact, and grow recurring revenue by offering connected solutions and digital platforms that link hardware and software.
Company Size
10,001+
Company Stage
IPO
Headquarters
Charlotte, North Carolina
Founded
1906
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Simplify's Take
What believers are saying
- Q2 2026 orders rose 16%, lifting Honeywell Technologies backlog above $20 billion.
- Building Automation grew 9% on data center and healthcare demand in Q2 2026.
- Rhombus, TCS, and NHL deals expand Honeywell's AI building-security and autonomy pipeline.
What critics are saying
- Process Automation sales fell 6% in Q1 2026 amid Middle East project delays.
- Honeywell Aerospace cut 2026 growth guidance to 4%-5% on August 5, 2026.
- Separation costs and divestitures removed roughly $400 million revenue, risking slower hiring and churn.
What makes Honeywell unique
- Honeywell Technologies owns sticky installed bases across buildings, industrial controls, and software workflows.
- Honeywell Forge and Experion Cognition bundle OT data, AI analytics, and autonomy features.
- The June 29, 2026 breakup created cleaner businesses and sharper capital allocation.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Company Match
Flexible Work Hours
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
Educational Assistance
Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↑ 4%2 year growth
↑ 5%Honeywell shares tumbled roughly 5% to $231 on Tuesday, underperforming all major industrial peers following weak investor reception at its Chicago event. The decline stems partly from the poor debut quarter of spun-off Honeywell Aerospace, now trading as HONA, which prompted UBS to cut its price target. Honeywell's Q2 results showed reported revenue of $9.72 billion, down 6.1% year-over-year due to the aerospace separation. Whilst CEO Vimal Kapur raised full-year adjusted earnings guidance and positioned the company as a "leading pure-play automation company", the complex optics failed to convince investors. Meanwhile, peer 3M rose 1% after delivering a clean earnings beat with 8.2% organic growth in Safety & Industrial and raising its full-year guidance.
Honeywell has completed its split into three separate public companies, with Honeywell Technologies retaining the HON ticker and Honeywell Aerospace beginning trading on 29 June. The advanced-materials operation became Solstice Advanced Materials in October 2025. CNBC's Jim Cramer views Honeywell Aerospace as an interesting long-term opportunity, comparing the breakup to General Electric's multi-year split. He suggests targeted companies can eventually achieve higher valuations than their parent conglomerates, though it may take several quarters for markets to recognise this value. Honeywell Technologies reported second-quarter sales of $5.2 billion, up 3% overall and 4% organically. Orders increased 16%, creating a backlog exceeding $20 billion. Building Automation revenues grew 9% on data centre and healthcare demand, whilst Industrial Automation sales rose 4%.
Kenneth J. West, President and CEO of Process Technologies at Honeywell International, sold 17,032 shares of common stock for $4.2 million on 27 July 2026, according to an SEC filing. The shares were sold at $243.77 each. The transaction involved West exercising stock options with an exercise price of $200.61 and immediately selling the shares. Following the sale, West reduced his direct common stock ownership by 89%. West retains 2,132 shares held directly, 373 shares held indirectly through a 401(k) plan, and 4,867 derivative securities in the form of employee stock options. His total beneficial ownership is valued at $618,860 based on Honeywell's closing price of $247.05 on 28 July 2026. Honeywell is a diversified technology and manufacturing conglomerate with a market capitalisation of $78.3 billion.
Honeywell International reported 4% organic sales growth in Q2 2026, driven by Building Automation and Industrial Automation. The company posted adjusted earnings per share of $1.95, up 10% year-over-year, whilst segment margins expanded by 100 basis points to 19%. Orders grew 16% organically, with ending backlog rising 9%. Free cash flow reached approximately $500 million for the quarter. The company raised its full-year outlook, now expecting organic sales growth of 3% to 4% and adjusted EPS of $8.20 at midpoint. Free cash flow conversion is forecast at approximately 95% for 2026. Process Automation Technologies sales declined 1% organically, though this exceeded original expectations. Honeywell's divestitures of Productivity Solutions and Services and Warehouse and Workflow Solutions are expected to reduce 2026 revenue by approximately $400 million.
Honeywell International reported $5.19 billion in revenue for the quarter ending June 2026, marking a 49.9% year-over-year decline. The figure exceeded the consensus estimate of $4.98 billion by 4.19%. Earnings per share came in at $1.95, down from $5.50 a year earlier, but beat the $1.80 estimate by 8.33%. Key segments showed mixed results. Industrial Automation generated $1.5 billion in net sales, down 36.9% year-over-year but above the $1.45 billion estimate. Building Automation segment profit reached $542 million, surpassing the $526.58 million forecast. Aerospace Technologies segment profit of $1.13 billion fell short of the $1.17 billion estimate. Honeywell shares have declined 48.8% over the past month.