Assistant Manager Finance

Honeywell International, Inc.; Pune District; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Honeywell International, Inc. is seeking an Assistant Manager, Finance - Projects to join the India Finance team in Pune.

The role partners with Regional General Manager and India leadership to drive project financials, FP&A, and internal controls, supporting AOP/STRAP processes and periodic forecasts. You will lead audits coordination, provide data-driven insights, and ensure timely closure of financial results for the Projects LOB.

Qualifications

• CA/ICWAI/CPA/CMA with 8+ years of experience in Accounting/Finance.
• Strong knowledge of Commercial / Operations finance & Financial Planning & Analysis.
• Excellent Excel, presentation skills and ability to interact with global teams.

Responsibilities

• Drive financial results for Project Business with Reporting, FP&A, and Internal Controls.
• Support AOP/STRAP and forecasts, ensuring solid midterm and short-range outlooks.
• Coordinate audits with HAIL and Internal Audit teams and address queries.
• Review bids for customer, margin and service considerations and drive monthly reviews.
• Manage Working Capital improvements and perform variance analyses for decision making.

Skills

SAP

Hyperion

Excel

PowerPoint

Education

CA/ICWAI/CPA/CMA

Job description

Honeywell International is a $36 billion diversified Fortune 100 leader with more than hundred thousand employees in 100 countries around the world. We invent and manufacture technologies that address some of the world’s toughest challenges linked to global macro trends like energy efficiency, clean energy generation, safety and security, globalization, and customer productivity. We are building a world that’s safer and more secure, more comfortable and energy efficient, more innovative, and productive.

With a culture that empowers you to - Make an Impact. Make Real Connections. Make The Best You. # LifeatHoneywell is all about. # Futureshapers http://www.honeywell.com

Honeywell Building Solutions (HBS), India is looking for a Assistant Manager, Finance - Projects to work closely with Business and Finance leadership. This position will play a key support role to Regional Finance Leader & Regional General Manager, Projects in providing overall insight into Financial & Business performance. The position will represent the HBS business in interacting and closing efforts on Internal and external audits. The position plays a key role in facilitating operational and system related actions for the business.

Specifically, the successful candidate will be responsible for driving financial results for Project Business in terms of Reporting, Business Partnering, FP&A & Internal Controls for the business. The role will actively support the overall AOP (Annual budget exercise), STRAP (long term plans) and periodical forecast process and ensure that solid midterm and short-range outlooks are provided. This role will also closely partner with the other business functions viz; Controllership, Marketing, Sales, Factory, etc.

• Partners Projects Regional General Manager (RGM) and Honeywell Business Solutions (HBS) India Finance Leader in driving growth for Projects business as key member of leadership team

• Partner business and operation teams in the creation and execution of India business strategy. As a strategic partner of the Project India leadership team, plan and formulate long and short-range business and financial objectives and goals, policies, and programs.

• Closely work with RGM & India Leadership and provide strategic as well as tactical inputs for driving AOP (Yearly Budgets) & STRAP (Multi Year Budgets) Financials.

• Drive rigorous and transparent financial reporting, forecasting, financial planning and analysis, closing processes and budgeting for India operations to enable and provide input for optimal business planning decisions. Ensure accuracy of Financial results for the LOB.

• Work closely with HAIL and Internal Audit teams for Project related process improvements and queries for Statutory and other audits.

• Responsible for various financial analysis duties supporting the Customer-to-Cash Cycle i.e. Order reviews, bid approvals, Revenue Chain, analysis of trade receivables, Bad Debts tracking, cash receipts and related process metrics.

• Review & Approve Bids in terms of customer, margin, service prospect etc.

• Be a key part of regular Monthly Financial Review, Project / EAC Reviews, AR / Unbilled / Inventory / AP Reviews, Balance Sheet review, identify Risks & Opportunities and take action accordingly.

• Closely coordinate with revenue chain and India Leaders for resolution of customer and business process issues to meet the committed forecasts.

• Help to Implement initiatives to drive Working Capital improvements. Drive working capital beyond controlling AR.

• Drive specific initiatives around Pricing, Book & Bill requirement analysis, Contract Renewals, Service Conversion etc.

• Assist RGM in preparation of business reviews and presentations to senior Leadership.

• Ensure compliance with all relevant financial policies.

• Being a part of listed entity, need to ensure that all audit queries wrt business & operations are resolved timely.

You must have:

• Understanding of project/services environment. In past must have managed Project business.

• Self-motivated, self-starter, and results oriented individual.

• Proficient in SAP, Hyperion, Excel, and PowerPoint.

• Hands on experience in the area of financial planning & Analysis & experience in dealing with outside India office / Global Finance team.

• Working knowledge of US GAAP, SOX Compliance

• Strong business acumen and good problem solving and analytical skills.

• Comfortable with continuous changes in the work environment. Works well under pressure, with a sense of urgency, and able to meet tight deadlines.

• Adept at prioritizing work and coordinating tasks simultaneously.

• Able to prepare and present complex data in a simple, understandable manner.

• Strong analysis skills, with ability to apply good judgment to business planning and annual planning processes.

• Ability to initiate and lead projects/teams, drive actions, and provide recommendations for decision making.

• Ability to develop strong partnership/teambuilding relationships with operations staff.

• Strong written and verbal communication skills

• Strong inter-personal skills, with ability to work independently, as well as part of a team. Demonstrated excellent teamwork qualities in a diverse and demanding environment.

• Proactively questions current practices, ability to identify root cause and corrective actions and drive improvements.

• Ability to learn quickly and improve processes.

Basic Qualifications:

• CA/ICWAI/CPA/CMA with 8+ years of experience in Accounting/Finance with strong knowledge of Commercial / Operations finance & Financial Planning & Analysis.

• Strong knowledge on advanced excel skills.

• Strong Communication & presentation skills

Honeywell Technologies is a global, pure-play automation company with a legacy of innovating to help solve the world’s most mission-critical challenges, enhancing the quality of life for people and communities around the world. We serve the building, industrial and process sectors with a broad portfolio of services, solutions and products, underpinned by our Honeywell Technologies Accelerator operating system and Honeywell Technologies Forge intelligence layer. By combining the deep domain expertise of our more than 50,000 employees with decades of data from our global installed base, we are uniquely positioned to lead the industrial sector’s transition from automation to autonomy.

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.