Honeywell

Diversified industrial conglomerate: aerospace, automation, safety

Assistant Manager Controllership

Financial AccountingPosted on Nov 12

Full-timeBengaluru, Karnataka, IndiaNo salary listedIn-person

About the Job

Requirements

A Bachelor's degree in Finance or equivalent, with a strong finance operational background, is required.
A Chartered Accountant, ICWA, or equivalent qualification with strong academic achievements is required.
At least 8–10 years of experience in public accounting and a similar industry is required.
Team-handling experience is required.
Hands-on experience with SAP and systems knowledge of SAP and HFM are required.
Knowledge of record-to-report concepts, processes, and best practices is required.
Good working knowledge of US GAAP, Local GAAP, and Sarbanes-Oxley is required.
Knowledge of internal control frameworks and SOX in a multinational setup is required.
Strong technical and analytical skills are required.
Strong leadership skills, including coaching, team building, and conflict resolution, are required.
Project mindset, including the ability to identify opportunities and lead projects, is required.
Good business acumen, including company, legal entity, regulatory, and compliance design, is required.
Good communication skills are required.

Responsibilities

Own end-to-end accounting, control, and compliance for assigned entities, including significant-risk, manufacturing, and non-manufacturing multi-SBG-code entities.
Ensure entities comply with US GAAP and Honeywell policies.
Own, manage, and coordinate end-to-end accounting and control processes, including period-end closing activities; deliver a standard month-end close timetable and ensure compliance across entities.
Troubleshoot system jobs for month-end, identify root causes, and resolve issues in time to deliver the close.
Ensure foreign transactions, including hedging and translations, are properly recorded.
Own and/or support balance-sheet reviews and complete quarterly variance analysis of the balance sheet and profit and loss statement.
Ensure robust controls are in place and drive actions to remediate deficiencies.
Manage balance-sheet account reconciliations, ensure reconciliations are delivered with quality, and drive closure of aged, unreconciled, or invalid items in accordance with policy.
Support new SAP implementations and ensure stabilization within three month-ends.
Coordinate and support internal audits, external audits, and SOX compliance.
Oversee deliverables from BPO partners providing general accounting operations; maintain regular connections with BPO partners and key finance and business stakeholders to deliver US GAAP-compliant financials.
Identify and lead process-improvement opportunities, lead projects, and ensure their completion.
Transition Controllership Operations activities and ensure due diligence for new transitions, new work, and growth.
Partner with the business on new initiatives and participate in projects.
Provide financial reports, analysis, explanations, and advice to SBUs and auditors based on financial information, relevant GAAP, and supporting SAP systems.
Manage ad hoc queries from the business, in-country teams, and other stakeholders.
Maintain strong relationships with internal and external stakeholders across the region, SBG, and group.

Desired Qualifications

Experience handling financial statements for companies with international presence and hands-on knowledge-transition experience are preferred.

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
Oversee the deliverables from BPO partners delivering GA operations. Ensure a regular connection with BPO partners, 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.

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

About the Company

Honeywell

Diversified industrial conglomerate: aerospace, automation, safety

Honeywell operates in four main areas—aerospace, building automation, performance materials and technologies (PMT), and safety and productivity solutions (SPS). Its products couple hardware, software, and services, delivering integrated solutions for customers in design, manufacturing, installation, maintenance, and analytics. It stands out through a broad, diversified portfolio, a global presence, and the ability to connect multiple stages of the product lifecycle into one ecosystem. The company aims to help customers operate more reliably and efficiently, reduce costs and environmental impact, and grow recurring revenue by offering solutions, services, and digital platforms that link its hardware and software offerings.

Company size: 10,001+
Company stage: IPO
Headquarters: Charlotte, NC
Founded: 1906

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