Assistant Entity Controller - Bengaluru, India - Honeywell

Honeywell

Verified Company

Bengaluru, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Design solutions to drive safe living and quality of life:

Job purpose:

Your main responsibility to ensure that entities in the EMEA region have timely issued financial statements per high standards of financial reporting and accounting compliance with the International Financial standard or local GAAP requirements.

This includes all addendums, managements reports, disclosures & tax related activities (Tax data collect pack).

Roles and responsibilities:

SPECIFIC Responsibilities

Main activities

Performs controller activities

Take instrumental role to enhance quality of the statutory audit process; identify areas for improvement, plan and execute actions
Ensure data related to the statutory work is delivered to auditors and other external parties; ensure its timeliness, relevance, accuracy and completeness
Use your accounting knowledge to support multiple countries in preparation of statutory financial statements
Ensure Financial statements and bridge for your designated entities/countries are fully prepared and delivered per upfront agreed timeline including all required management reports and disclosures
Perform analytical review of financial statements, raise questions and discuss potential impact in the financial statements
Review businessrelated information (management reports, commercial contracts, financial agreements, etc.)
Review and verify the completeness and accuracy of the information received for financial statements preparation from other departments
Be able to challenge using professional judgement and skepticism in reviewing the financial statements
Prepare the accounting entries for the reporting cycle, including tax entries
Ensure year over year roll forward of statutory financial statements
Draft management reports, disclosures & notes or any other addition that is required to successfully file the Financial Statements
Coordination and improvement of implementation of accounting and control procedures around the statutory financial statements
Continuous collaboration with crossfunctional business partners in various departments to ensure reporting compliance
Ensure timeliness of data provision
Special Finance Projects as per requirement and connected activities to the statutory/local reporting requirements
Preparation of Tax Data Collect Pack per Honeywell Tax requirements
Ensure timely delivery of Tax Data Collect Pack per agreed timeline with country finance leader
Continuously look for improvements of the Thomson Reuters tool used for preparation of the statutory financial statements and preparation of the Tax Data Collect Pack
Ensure Financial Statements are ready to be filed per local requirements (XML or XBRL tagging requirements or other) + if required work with TR for set up
Ensure ERP Local ledgers (where applicable) are fed with all the statutory adjustments and are complete
Governance on a yearly basis (new entity set up's / updates to entity master data / mergers / liquidations)