THE FUTURE IS WHAT WE MAKE IT.

Senior Finance Analyst

Penang, Malaysia

Start your career by making an impact and real connections with some of the most meaningful challenges around. When you join Honeywell, you become a member of our performance culture comprised of diverse leaders, thinkers, innovators, dreamers, and doers who are changing the future.

Make the Best You.

Working at Honeywell is not just creating incredible things. You will collaborate with top minds, grow through continuous learning, and benefit from an inclusive environment that rewards performance and celebrate achievements.

Join Us and Make an Impact.

As a Sr Finance Analyst here at Honeywell, you will drive financial strategies, provide insightful guidance, and ensure operational excellence, directly impacting our growth, profitability, and long-term financial health

Key Responsibilities:

• To co-ordinate and manage scrap review with site operations team. Scrap reporting by factory, product family, major pareto and followup for any pending issues to be resolved with respective departments.

• Production order variance (POV) analysis into material and labor elements. Analysis of products/work order with huge variance, favorable/unfavorable to drive Operations and Engineering to minimize variances.

• Support site with labor efficiency (LE) metric, ie weekly and monthly reporting. LE forecast/simulation to support site in controlling and managing LE metric as and when required.

• Quarterly Inventory Excess & Obsolescence analysis in accordance with policy. Review and followup with materials management team on huge variances identified, to document the reasons and action plan to address the issues identified.

• Over/under overhead absorption analysis and forecast. Weekly over/under absorption analysis & forecast based on actual and plan MPS output. To analyse key driver for week to week major over/under absorption forecast changes, and key driver for forecast to actuals major deviation at month end.

• To co-ordinate and manage yearly physical inventory count. Work with operations and materials management to ensure proper cut-off schedule, and effective execution of physical inventory count.

• Ensure internal controls & SOX compliance. Key Control Document and Process Map update.

• Daily and month end close activities to ensure completeness of journal postings, inventory reports reconciliation etc. Any additional work that may be assigned as and when required.

• Able to support both OEM and R&O business as and when needed. Ability to manage and analyse full business P&L.

• Forecast and AOP preparation for assigned business unit.

• Co-ordinate fixed assets sighting.

• Co-ordinate AP payment with disbursement team

Key Experience & Capabilities:

• Diploma / Degree in Accounting, Finance or Professional Accounting qualification.
• Minimum 8 years related work experience.
• Strong understanding on business process and accounting flow impacting financial statement.
• Strong technical accounting knowledge and internal controls requirement.
• ERP hands on experience. SAP will be added advantage.
• Good interpersonal and communication skills. Good business partnership skills to drive and support site operations.
• Positive attitude, team player, able to interact at all levels and work in continuous change environment.

Who We Are

The Future Is What We Make It at Honeywell. From sustainable aviation fuel and life-saving healthcare sensors to collaborating on every NASA space mission since the 1950’s, over 100 years of innovation has always been driven by an investment in our people. Learn more about Honeywell: https://www.youtube.com/watch?v=CG-rmG0eKLk

Discover More

Our focus at Honeywell is innovation that drives business, improves the bottom line and creates solutions for our customers and communities around the world. There’s a lot for you to discover. Our solutions, our case studies, our #Futureshapers, and so much more.

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