Sr Finance Analyst (PS)

Honeywell Technologies; Bengaluru; On-site; INR 1,400,000 - 2,100,000; Full time

Job summary

Honeywell Technologies in Bengaluru seeks a seasoned finance professional to lead standard costing, FP&A, and cost management across ISC functions. The role emphasizes governance, analytics, and stakeholder engagement to drive cost efficiency and productivity.

Ideal candidates hold CA/Cost Accountant or MBA with 6+ years of finance experience, and will contribute to automated reporting and cross-functional collaboration across regions and products.

Qualifications

• Chartered Accountant or Cost Accountant or Master’s degree in Finance or MBA with 6+ years of finance experience.
• Experience in standard costing, FP&A, cost management and financial reporting.

Responsibilities

• Drive annual standard costing governance and in-year updates.
• Support ISC cost planning, forecasts, and monthly estimates with business leads.
• Analyze conversion costs, PPV, absorption, DLE efficiency and IOS analytics.
• Deliver region/GBE/SBG visibility and drive cost efficiency metrics.
• Partner with regional leads to review performance and action plans.
• Implement standardized, automated financial processes and reporting.
• Ensure timely accruals, intercompany recharges, and financial reports.

Skills

Strategic Partnership

Technical Proficiency

Analytical Skills

Influencing Skills

Professional Attributes

Global Exposure

Tableau

BI

Alteryx

SAP

Oracle

Essbase

HANA/BW

Hyperion

Education

Chartered Accountant / Cost Accountant / Master’s Degree in Finance or Business Administration

Tools

Tableau

BI

Alteryx

SAP

Oracle

Essbase

HANA/BW

Hyperion

Job description

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.

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.