Honeywell

Diversified industrial conglomerate: aerospace, automation, safety

Assistant Manager Accounting

Financial AccountingConfirmed live in the last 24 hours

Full-timeBengaluru, Karnataka, IndiaNo salary listedIn-person

About the Job

Requirements

Eight or more years of experience for candidates with CA/ICWA or CA Inter/ICWA Inter; or 10 to 12 or more years of experience for Finance or Accounts graduates.
Hands-on experience with SAP general ledger, banking, accounts receivable, and accounts payable processes.
Technical expertise with banking platforms.
Experience with multi-bank and bank-account reconciliations, analysis, and investigation to resolve aged items.
Experience in a large multinational environment.
Strong technical and analytical skills.

Responsibilities

Liaise with businesses, banks, Cash Services, and internal stakeholders.
Manage banking operations to ensure timely delivery and quality.
Monitor cash pooling, country-specific banking requirements, cash funding, and Direct Debit processes.
Ensure foreign transactions and hedges are properly recorded.
Resolve queries and transactions promptly and ensure the general ledger is not aged.
Ensure bank reconciliations are delivered on time and with quality, with no unexplained items.
Execute month-end closing activities.
Initiate and review general ledger entries to ensure the integrity of all transactions and resolve queries.
Design and continuously improve processes, focusing on standardization and simplification.
Drive improvements on identified issues within the defined scope of responsibility.
Participate in new bank implementations and support user acceptance testing and testing in partnership with Treasury and IT teams.
Ensure compliance with relevant GAAP and Honeywell accounting policies.
Participate in external and internal audits.
Participate in process-improvement reviews and projects.
Oversee daily review of MT940 bank statement status files; validate and work with SAP, IT, and bank teams on failure cases, ensuring all bank statements are accurately uploaded and matched against SAP.
Manage the review of Concur employee reimbursement claim reconciliations and approvals.
Authorize payments in the bank portal while adhering to underlying controls and validating supporting documents.
Manage setup of automatic rules in SAP to clear standard bank open line items.
Support controls compliance for Sarbanes-Oxley, process re-engineering, and automation.

Key Responsibilities

Critical activities of the job

Liaising with businesses, banks, Cash Services and internal stakeholders.
Manage banking operations to ensure timely delivery with quality.
Closely monitor cash pooling, country specific banking requirements, cash funding, Direct Debit processes etc.,
Ensure foreign transactions and hedges are properly recorded.
Ensure queries / transactions are resolved timely and GL is not aged
Ensure banking recons are delivered on-time & with quality with no unexplained items.
Execute month end closing activities.
Initiate and review GL entries to ensure integrity of all transactions and resolve any queries.
Design and continuously improve processes focusing on standardization & simplification.
Drive improvement on identified issues within defined scope of responsibility.
Participate in new bank implementation & support UAT, testing in partnership with Treasury & IT teams
Ensure relevant GAAP, HON accounting policies
Participate in external and internal audits.
Participate in process improvement reviews and projects.
Overseeing review of MT940 bank statement status file on daily basis. Validate & work with SAP, IT & Bank teams for failure cases if any, and ensure all bank statements are accurately uploaded and match against SAP
Manage the review of Concur (Employee reimbursement claims) Reconciliation and approvals
Payment authorization in bank portal with proper adherence to underlying controls and validation of supporting documents.
Managing setting up auto rules in SAP to clear standard bank open line items.
Exposure to controls compliance for Sarbanes-Oxley, Process re-engineering & Automation.

Education and Certifications	CA/ICWA or CA Inter/ICWA Inter or MBA Finance and bachelor’s in finance/Accounting
Required Experiences	8+ for CA/ICWA or 10 to 12 + years’ experience for Finance or Accounts graduate.
Knowledge and Skills	Critical Hands on experience with SAP GL, Banking, AR & AP processes. Banking platform technical expertise. Multi Bank / bank account reconciliations, analysis & investigation experience to resolve aged items. Large multinational environment experience with good communication skills Strong technical and analytical skills
Behaviors/Attributes (8 Honeywell or COO Mindset)	Be a Zealot for Growth Be Courageous with Go Beyond Attitude Think Big…Then Make It Happen

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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