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    Assistant Entity Controller - Bengaluru, India - Honeywell

    Honeywell
    Honeywell Bengaluru, India

    12 hours ago

    Honeywell background
    Description

    team recognized for leadership, innovation and diversity

    Accounting, Control and Compliance

    · Overall end-to-end owner of accounting, control and compliance for the assigned entities (High -Significant risk/Manufacturing/ Non-manufacturing multi SBG co codes).

    · Ensure entity comply with US GAAP and HON policies.

    · Own, manage and co-ordinate end-to-end accounting and control process including the period-end closing activities. Deliver a standard month end close timetable & ensure compliance across entities.

    · Troubleshoot system jobs for Month End; identify root cause & timely resolution to deliver close.

    · Exposure & understanding of technical accounting (Project, Revenue, cost accounting, assessment & distributions, COPA cycles)

    · Ensure foreign transactions including Hedging and translations are properly recorded.

    · Own and/or support balance sheet review process. Completion of quarterly variance analysis of the B/S and P/L

    · Ensure robust controls in place and drive action to remediate deficiency

    · Manage balance sheet account reconciliation processes, ensure recons are delivered with quality and drive closure of aged / unreconciled / invalid items as per policy.

    · Support in new SAP implementation & ensure stabilization within 3 month ends

    · Coordinate and support Internal audit, external audit and SOX Compliance

    Center Entity Controller:

    · Ensuring quality & timely submission of International Tax Packs & Workbooks for 10k & 10Q fillings.

    · Oversee the deliverables from BPO partners delivering GA operations.

    Business Partnership and Process Improvement

    · Ensure a regular connection with BPO partners, key stakeholders in finance and business to deliver US GAAP compliant financials.

    · Identify and lead process improvement opportunities, lead the project and ensure completion

    · Responsible for transitioning Controllership Ops activities & ensuring due diligence on all new Controllership ops transition and new work / growth

    · Partner with business on new initiatives and join projects

    · Provide financial reports, analysis, explanations and advice based on knowledge of financial info, relevant GAAP & supporting SAP systems to SBU/auditors

    · Manage the ad-hoc queries from business / in-country team / other stakeholders.

    · Ensure excellent relationships are maintained with internal and external stakeholders for Region / SBG / Group.


    Education and Certifications

    · Bachelor Degree in Finance or equivalent with strong finance operational background

    · Chartered Accountant/ICWA / equivalent with strong academic achievements.

    Required Experiences

    · Min 5+ years of experience in public accounting and similar industry

    · Experience of handling financial statements of companies with international presence and hands on knowledge transition experience preferred

    Knowledge and Skills

    Critical

    · Hands on experience with SAP / Systems knowledge of SAP and HFM

    · Extensive knowledge of US GAAP

    · Knowledge of R2R concepts, processes and best practices

    · Good working knowledge of US GAAP, Local GAAP and Sarbanes Oxley

    · Good knowledge of internal control framework / SOX at multinational setup

    · Process orientated with excellent problem solving skills

    · Strong technical and analytical skills

    · Familiar with Sarbanes Oxley and Six Sigma

    · Project mindset, can identify opportunities and lead the projects.

    · Good business acumen including company, legal entity, regulatory and compliance design

    · Good communication skills


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