Sr Controllership Analyst

Honeywell Technologies; Maharashtra; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Honeywell Technologies is seeking a Sr. Controllership Analyst to perform technical accounting reviews of customer contracts, proposals and amendments, ensuring proper application of U.S. GAAP and ASC 606.

You will collaborate with Controllership, Finance, Legal and business leaders to translate contract terms into clear accounting guidance. You will lead reviews of complex arrangements, prepare memos, and support audits, ensuring documentation and internal controls are robust while driving

Qualifications

• 4+ years of accounting, controllership, audit, or finance experience including revenue recognition.
• Professional qualification such as CA, CMA, CPA, ACCA or equivalent.
• Experience applying U.S. GAAP and ASC 606 to contracts and revenue arrangements.

Responsibilities

• Lead timely, risk-based reviews of customer contracts and related commercial arrangements.
• Apply the ASC 606 five-step model to identify performance obligations and revenue recognition.
• Evaluate complex contract provisions and project accounting implications.
• Prepare accounting memos, checklists, and documentation supporting conclusions.
• Provide guidance to Finance, Legal, Commercial teams and train stakeholders.

Skills

Technical accounting

ASC 606 expertise

US GAAP knowledge

Contract reviews

Education

Professional accounting qualification (CA/CMA/CPA/ACCA or equivalent)

Tools

SAP

Hyperion

Job description

Job Description

Sr. Controllership Analyst – Contract Reviews

position is responsible for performing technical accounting reviews of customer contracts, proposals, amendments, and other commercial arrangements across multiple business segments. The role ensures consistent application of U.S. GAAP, including ASC 606, and Honeywell accounting policies; evaluates revenue recognition and project accounting implications; and maintains high standards of documentation, accounting compliance, and internal control. The position partners closely with Controllership, Finance, Legal, Commercial, and business leadership to translate contract terms into clear accounting conclusions and practical guidance. The individual is a key member of the controllership team and a trusted advisor to regional and global business and finance leaders.

Responsibilities

Key Responsibilities:

• Lead timely, risk-based reviews of customer contracts, purchase orders, proposals, amendments, change orders, and related commercial arrangements for compliance with U.S. GAAP, ASC 606, corporate accounting policies, and applicable statutory requirements.
• Apply the ASC 606 five-step model to identify contracts and performance obligations, determine and allocate transaction price, and conclude on the timing and method of revenue recognition.
• Assess complex or non-standard provisions, including termination and cancellation rights, variable consideration, liquidated damages, acceptance clauses, warranties, payment terms, significant financing, principal-versus-agent considerations, and contract modifications.
• Evaluate project accounting implications, including point-in-time versus over-time recognition, measures of progress, contract costs, change orders, unbilled receivables, advances, loss provisions, and other judgmental matters.
• Prepare and review revenue recognition checklists, technical accounting memo, white papers, consultation documentation, and clearly supported accounting conclusions.
• Partner with Finance, Legal, Commercial, Project Management, and business teams before contract execution to interpret key provisions, identify accounting risks, and recommend practical contract language or mitigating actions.
• Provide clear accounting guidance and training to business and finance stakeholders on U.S. GAAP, ASC 606, project accounting, and corporate accounting policies.
• Administer accounting policies, coordinate significant or unusual matters with regional, SBU, SBG, and Corporate Controllership teams.
• Ensure contract-review processes and related internal controls are consistently executed, supported by sufficient evidence, and retained in accordance with governance requirements.
• Identify control or process gaps, support corrective action plans, monitor remediation, and drive standardization, automation, and continuous improvement in the contract-review process.
• Support monthly and quarterly close activities by resolving contract-related accounting matters and reviewing significant judgments, journal entries, balance-sheet impacts, and disclosure considerations.
• Support internal and external audits, respond to technical accounting inquiries, and assist Controllership and Finance with special projects and emerging business models.

Qualifications

Basic Qualifications:

• 4+ 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
• Demonstrated experience applying U.S. GAAP and ASC 606 to customer contracts, revenue arrangements, or long-term projects
• Experience with technical accounting research and documentation; SAP, Hyperion, or similar ERP and reporting tools is advantageous

We Value

• Strong technical accounting judgment, intellectual curiosity, and the ability to analyze complex contracts and reach well-supported conclusions
• Ability to explain accounting requirements in practical business language and influence stakeholders across Finance, Legal, Commercial, and Operations
• Strong attention to detail, documentation discipline, and ownership of deadlines in a high-volume, multi-region environment
• Excellent written and verbal communication skills, including concise executive communication and effective delivery of technical accounting training
• Knowledge of U.S. GAAP, ASC 606, long-term project accounting, internal controls, and accounting policy application; public accounting experience is a plus
• Ability to work independently, elevate significant issues appropriately, and make decisions within established policy and consultation frameworks
• Collaborative, self-motivated, and committed to strengthening controls, standardizing processes, and improving the efficiency and quality of contract reviews

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.