Sr. Finance Analyst

Honeywell Technologies

India (PA)

Hybrid

USD 90,000 - 130,000

Full time

10 days ago

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Job summary

Honeywell Technologies is seeking a Senior Finance Analyst to support the CFO by managing GBE/Regional finance operations and delivering insights on ISC conversion costs and inventory. You will drive the Annual Standard Costing process, budgeting, forecasting and variance analysis to enable strategic decision-making.

This role collaborates with regional finance leads, develops standardized reporting, and automates processes to improve cost efficiency and productivity across the organization.

Qualifications

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

Responsibilities

  • Drive annual standard costing process with governance and in-year updates.
  • Partner on planning and forecasting for ISC costs, including AOP and forecasts with ISC finance leads.
  • Perform variance analyses of conversion costs, PPV, absorption, and IOS analytics to drive opportunities.
  • Manage financial reporting, estimates, accruals, and analytics to meet regional cost efficiency goals.
  • Collaborate with region/GBE leads to review performance and align action plans.
  • Implement standardized and automated processes and reporting across costs, inventory, and IOS.

Skills

Strategic Partnership
Technical Proficiency
Analytical Skills
Influencing Skills
Professional Attributes
Global Exposure

Education

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

Tools

Tableau
BI
Alteryx
SAP
Oracle
Hyperion

Job description

As a Senior Finance Analyst at GFC BFS ISC IA , 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.

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.

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.

Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.

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