Full-Time
Accounting Specialist
Honeywell
10,001+ employees
Diversified industrial conglomerate: aerospace, automation, safety
No salary listed
Pune, Maharashtra, India
In Person
Bachelor's
 Accounting (1) |
|---|
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- CA, CA Inter, or a bachelor's degree in finance or accounting.
- Required experience is 0–2 years for CA, 4–6 years for CA Inter, or 5–7+ years of overall finance experience for a bachelor's degree holder.
- Hands-on experience with SAP general ledger and understanding of accounts receivable and accounts payable subledgers.
- Experience with consolidation platforms such as Hyperion Reporting systems.
- Knowledge of accounting concepts, processes, and best practices.
- Knowledge of Indian GAAP, including Ind AS, and United States GAAP.
- Strong technical and analytical skills.
- Understanding of TDS and FEMA compliance requirements.
- Basic understanding of GST and income tax.
- Knowledge of record-to-report concepts, processes, best practices, value-add initiatives, and execution.
- Banking domain expertise.
- Strong knowledge of Microsoft Office, including Word, Excel, and PowerPoint.
- Knowledge of audit processes is advantageous.
- Prepare standalone financial statements for private entities.
- Assist with statutory, tax, cost, and transfer pricing audits, yearly filings, and other compliance activities.
- Perform month-end close and general ledger accounting, identify nonstandard processes, and drive standardization with Transformation and Operations teams.
- Ensure compliance with relevant Indian GAAP, including Ind AS, company accounting policies based on United States GAAP, and internal procedures.
- Review, prepare, post, and reconcile journal entries for costs, revenue, accruals, provisions, cross-charges, and functional adjustments.
- Prepare monthly account reconciliations using BlackLine.
- Reduce exceptions through root-cause analysis and implement solutions.
- Participate in process-improvement reviews and projects.
- Provide data insights on record-to-report practices and support a standardized approach.
- Drive EDPMS and IDPMS compliance with respective functions and report periodically to leadership.
- Enable transformation opportunities through data and participate in automation and efficiency projects.
- Provide visibility into noncompliance to support compliance and decision-making.
- Maintain a central repository for records, challans, and documents.
- Measure performance against defined metrics using reports and drive decisions and results.
- Support Sarbanes-Oxley, Indian GAAP, and United States GAAP controls compliance.
- Collaborate with Operations, commercial teams, and Business Finance.
- Share data with tax and other relevant teams for assessments and external reviews or proceedings.
- Manage and oversee accounts payable, accounts receivable, general ledger, and financial reporting functions.
- Ensure accurate and timely financial reporting in compliance with accounting policies and regulations.
- Perform month-end and year-end closing activities, including journal entries, account reconciliations, and financial statement preparation.
- Collaborate with cross-functional teams to improve processes and streamline financial operations.
- Assist with budgets, forecasts, and financial analysis.
- Support internal and external audits and ensure compliance with audit requirements.
- Stay updated on accounting standards and regulations and implement changes as necessary
- Excellent communication and interpersonal skills.
- Exposure to managing full close processes for a multinational group.
- Ability to use initiative and take the lead in devising creative solutions.
- Exposure to working with global customers.
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%, backlog neared $20 billion, and guidance increased.
- Building Automation grew 9% organically in Q2 2026, led by data centers.
- July 17, 2026 Johnson Matthey Catalyst Technologies acquisition expands Honeywell's energy-transition and renewable-fuels pipeline.
What critics are saying
- Process Automation fell 1% organically in Q2 2026 amid Middle East project delays.
- June 2026 breakup left Honeywell Technologies with stranded costs and a smaller revenue base.
- Johnson Matthey integration and October 2026 divestitures distract management during a fragile margin reset.
What makes Honeywell unique
- Honeywell Technologies pairs installed-base automation with software-heavy control systems.
- June 2026 spin-off sharpened Honeywell’s focus on buildings, industrials, and process technology.
- Experion Cognition and NHL arena deals showcase sticky, high-switching-cost automation relationships.
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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
↑ 3%1 year growth
↑ 3%2 year growth
↑ 4%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.