Bangalore, IND
1 day ago
Sr Controllership Analyst
Key Responsibilities Critical activities of the job 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. • Coordinate and support Internal audit, external audit and SOX Compliance Entity Controller: • Ensuring quality & timely submission of International Tax Packs & Workbooks for 10k & 10Q fillings. • Oversee the deliverables from GA operations team. Business Partnership and Process Improvement • Ensure a regular connection with Country Controllership, 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. Competencies Specific knowledge, skills and experience needed to successfully undertake duties of the job 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 • 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 • Extensive knowledge of US GAAP • 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 • Familiar with Sarbanes Oxley and Six Sigma • Project mindset, can identify opportunities and lead the projects. • Good business acumen including company, legal entity, regulatory and compliance design • Good communication skills Key Responsibilities Critical activities of the job 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. • Coordinate and support Internal audit, external audit and SOX Compliance Entity Controller: • Ensuring quality & timely submission of International Tax Packs & Workbooks for 10k & 10Q fillings. • Oversee the deliverables from GA operations team. Business Partnership and Process Improvement • Ensure a regular connection with Country Controllership, 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. Competencies Specific knowledge, skills and experience needed to successfully undertake duties of the job 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 • 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 • Extensive knowledge of US GAAP • 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 • Familiar with Sarbanes Oxley and Six Sigma • Project mindset, can identify opportunities and lead the projects. • Good business acumen including company, legal entity, regulatory and compliance design • Good communication skills 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 Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable. Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.
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