Sr. Finance Analyst

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

Job summary

Honeywell is seeking a Senior Finance Analyst in India to drive the Annual Standard Costing process, monitor conversion costs, and support budgeting for ISC costs. You will collaborate with regional finance teams to deliver insights and drive cost performance across inventories and intercompany recharges.

The role requires strong analytics, ERP experience, and ability to influence cross-functional teams to achieve cost efficiency and productivity goals within the ISC framework.

Qualifications

• Chartered Accountant / Cost Accountant / MBA Finance with 6+ years experience.
• Experience with ERP and reporting systems across multiple regions.

Responsibilities

• Drive Annual Standard Costing process with governance.
• Support planning, forecasting, and budgeting for ISC costs.
• Analyze conversion costs, PPV, absorption, and IOS analytics.
• Deliver region-level cost visibility and actionable recommendations.
• Prepare financial reports, accruals, and intercompany recharges.
• Engage with GBEs and stakeholders to align action plans.
• Standardize and automate financial processes and reporting.

Skills

Strategic partnership

Analytical skills

Influencing skills

Global exposure

Proactive mindset

Cross-functional collaboration

Education

CA / Cost Accountant / MBA Finance with 6+ years experience

Tools

Tableau

BI

Alteryx

SAP

Oracle

Essbase

HANA/BW

Hyperion

Job description

Job Description

As a Senior Finance Analyst at GFC BFS ISC BA, you will play a pivotal role in supporting the CFO by managing GBE/Regional finance operations and providing financial insights and analysis on ISC conversion costs and inventory. This role enables strategic decision-making, drives initiatives, and enhances cost performance. Core responsibilities include leading the Annual Standard Costing process, regular cost monitoring, planning, budgeting, forecasting, and variance analysis. Additionally, the role involves operational tasks such as accruals and financial reporting for ISC conversion costs and inventory.

Key Responsibilities

• Standard Costing: Drive the Annual Standard Costing process, including governance with AC-04 and In-year standard costing and Audit walkthroughs.
• Financial Planning and Analysis: Partner and support planning and forecasting processes for ISC costs, including AOP, forecasts (SRO/Pulse), and monthly estimates, in coordination with business and ISC finance leads.
• Cost Management: Conduct in-depth financial analysis, trend analysis, and variance analysis of conversion costs, PPV, absorption, DLE Efficiency and IOS analytics to identify OI improvement opportunities. Create visibility at SBG, GBE/ Region, and product levels and drive analytics to improve metrics.
• Reporting and Analytics: Manage financial reporting, estimates, accrual guidance, and business engagement with GBEs. Deliver Region/GBE/SBG-level visibility and analytics to drive ISC key metrics while working with ISC finance leads. Interpret results and provide actionable recommendations to meet SBG goals for cost efficiency and productivity.
• Stakeholder Engagement: Partner with businesses/Region/GBE leads to review financial performance, address variances, align action plans, and drive strategic objectives.
• Standardization and Automation: Implement standardized and automated financial processes and reporting to enhance productivity and operational efficiency. Develop integrated and standardized reporting in areas such as costs, inventory, IOS, etc.
• Operational Deliverables: Ensure timely and accurate completion of recurring tasks, including accruals, intercompany recharges, and preparation of financial reports.

Qualifications

Education and Certifications

• Chartered Accountant / Cost Accountant / Master’s Degree in Finance or Business Administration with 6+ years of overall finance experience

Critical Skills

• Strategic Partnership: Collaborate with Corporate Finance and functional leaders to manage financial targets for the function.
• Technical Proficiency: Experience with tools such as Tableau, BI, and Alteryx; knowledge of ERP/reporting systems like SAP, Oracle, Essbase, HANA/BW, and Hyperion.
• Analytical Skills: Ability to identify patterns among issues and make consistent, timely decisions.
• Influencing Skills: Strong cross-functional and peer influencing capabilities.
• Professional Attributes: Intellectual curiosity and a proactive attitude to partner with the business in driving commercial excellence.
• Global Exposure: Ability to interact effectively with all levels of employees/customers and integrate with other departments/sites.

About Us

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.