Asst Manager Accounting

Honeywell Technologies; Bengaluru; On-site; INR 2,000,000 - 4,000,000; Full time

Job summary

Honeywell Technologies is seeking an experienced Senior Finance/Accounts professional in Bengaluru to manage banking operations, cash flow, and GL integrity within a large multinational setup.

You will liaise with businesses, banks, and internal stakeholders, drive process improvements, and support audits. Candidates should have CA/ICWA/MBA Finance with 10+ years in finance and strong SAP experience.

Qualifications

• CA/ICWA or MBA Finance with bachelor’s in finance/Accounting
• 8+ years CA/ICWA or 10–12+ years Finance or Accounts experience
• Hands-on experience with SAP GL, Banking, AR & AP processes

Responsibilities

• Liaise with businesses, banks, Cash Services and internal stakeholders.
• Manage banking operations to ensure timely delivery with quality.
• Monitor cash pooling, country specific banking requirements, cash funding, Direct Debit processes.
• Ensure foreign transactions and hedges are properly recorded.
• Ensure queries/transactions are resolved timely and GL is not aged.
• Ensure banking reconciliations are delivered on-time 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 improve processes focusing on standardization and simplification.
• Drive improvement on identified issues within defined scope of responsibility.
• Participate in new bank implementation and support UAT with Treasury & IT teams.
• Participate in audits.
• Oversee MT940 bank statement status daily and validate against SAP.
• Manage Concur reconciliation and approvals.
• Authorize payments in bank portal with proper controls.
• Set up SAP auto rules to clear standard bank open line items.
• Support Sarbanes-Oxley compliance and process automation.

Skills

SAP GL

Banking

AR/AP

Bank reconciliations

Multi Bank

Communication

Analytical

Education

CA/ICWA or CA Inter/ICWA Inter or MBA Finance and bachelor’s in finance/Accounting

Tools

SAP

Banking platforms

Job description

• 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
• 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.

Key Responsibilities

JOB DESCRIPTION

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.

Qualifications

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 Us

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.