Sr Controllership Analyst

Honeywell Technologies; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Honeywell Technologies seeks a Sr. Controllership Analyst - Project Controls in Bengaluru to oversee project accounting across business segments, ensuring adherence to US GAAP and Honeywell policies.

The role partners with regional and global leaders to strengthen internal controls and financial integrity. The ideal candidate brings 5+ years of accounting and controllership experience, with CA/CMA/CPA/ACCA or equivalent qualifications.

Qualifications

• 5+ years of accounting, controllership, audit, or finance experience including technical accounting and revenue recognition.
• Professional qualification: CA, CMA, CPA, ACCA or equivalent.

Responsibilities

• Ensure compliance with US GAAP and corporate policies for customer contracts and engagements.
• Approve significant project cost adjustments, timely EAC adjustments, policy waivers, revenue accruals and judgmental issues.
• Identify financial and operational project risks and drive actions with project and finance teams.
• Participate in project management reviews to evaluate controls, financial performance, EAC accuracy and corrective actions.
• Collaborate with leadership and Finance on key project risks and actions.
• Ensure SOX compliance and monitor internal controls; address deficiencies and remediation.
• Assist with monthly/quarterly close process.
• Review unbilled receivables, advances, and long-term contract accounting.
• Provide internal and external audit support.
• Coordinate with Pole SBU finance and management leadership and other controllership teams.
• Assist Controllership and finance with special projects.

Skills

SOX compliance

US GAAP

Internal controls

Project accounting

Financial analysis

Education

CA, CMA, CPA, ACCA or equivalent

Tools

SAP

Hyperion

Job description

Job Description

Sr. Controllership Analyst_Project Controls position is responsible for all aspects of project accounting across various business segments and ensures consistent application of U.S. GAAP guidance, Honeywell accounting policies, and SOX compliance requirements. The position is also responsible for maintaining an environment of strong internal controls and high standards of accounting compliance. The individual is a key member of the controllership team and an important partner to the regional & global business and finance leaders.

Key Responsibilities

• Ensure compliance with corporate accounting policies, U.S. GAAP and statutory requirements with respect to customer contracts and ongoing customer engagement.
• Provide guidance and approval for significant project cost adjustments, ensuring timely EAC adjustments, , policy waivers, revenue accruals, and other judgmental issues.
• Contribution in project risk management activities by identifying financial and operational risks, assessing their impact on project performance, and driving timely actions with project and finance teams.
• Participate in project management reviews to evaluate project controls, financial performance, EAC accuracy, risk exposure, and required corrective actions.
• Collaborate with business leadership and Finance teams on key project risks and actions.
• Ensure SOX compliance and that internal controls are operating effectively; identify deficiencies, develop corrective action plans, and continue monitoring for timely remediation and closure.
• Assist with monthly/quarterly close process.
• Review unbilled receivables, advances, and other aspects of long-term contract accounting
• Provide internal and external audit support
• Administer policies and provide guidance and training. Coordinate activities with Pole SBU finance and management leadership, peer project controllers and segment controllership teams
• Assist Controllership and finance organizations with special projects

Responsibilities

Basic Qualifications:

• 5+ years of accounting, controllership, audit, or finance experience, including technical accounting, revenue recognition, project accounting, or business controls
• CA, CMA, CPA, ACCA, or equivalent professional qualification

Preferred Qualifications:

• Prior experience with any “Big 4” consulting firm, preferably serving multinational, industrial, or complex revenue-recognition clients
• Previous long term contract accounting experience
• Experience with technical accounting research and documentation; SAP, Hyperion, or similar ERP and reporting tools is advantageous

We Value

• Develop strong working relationships across organizational or functional boundaries
• Think creatively, anticipate problems and opportunities, develop vision for continuous improvement
• Experience in developing, driving and implementing business processes. Strong project management skills with demonstrated ability to play a key role in developing and implementing new financial process improvements
• Strong written and verbal communication skills, with ability to influence all levels of the organization quickly and positively. Ability to confidently deliver succinct executive communication
• Excellent technical accounting knowledge and research skills in US GAAP including long-term project accounting, and revenue recognition standard; public accounting experience with a big 7 national firm is a plus,
• Able to lead processes and make independent decisions based on policy guidance
• Self-motivated, driving process improvement initiatives

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.