Key Responsibilities

Critical activities of the job

Inter Co

• Responsible for supporting Honeywell SBG Specific Intercompany activities

• Need end to end understanding of Intercompany cycle/workstreams, including Intercompany Accounting, Intercompany Reporting, FX Hedging, IC Settlements & Policy Compliance

• Month end reconciliation for accurate month end reporting.

• Ensure Inter Co accounts are analyzed for aged imbalances and action plan being timely documented and makes sure account reconciliations are delivered with quality.

• Identify and resolve month-end close issues and material differences.

• Cleanse IC master data for obsolete trading partners.

• Work on resolving out of balances, and ensure entities line up to IC policy and procedures.

• Analysis of the IC GL accounts on a periodical basis, including policy enforcement.

• Ensure Interco practices are compliant to locations supported

• Manage Intra-company and resolution of Equity reporting for cross company transactions for multi-SBG entities.

• Manage and propose appropriate corrections to GRIR account working alongside controllers and procurement.

• Be the focal point to co-ordinate Corp recharges, including coding and recording

• Monitor Interco queues; act as tier 2/3 resolution/coordinator

• Ensure month-end discrepancies are resolved and closed out within the set timelines.

• Focus on relevant metrics and develop action plans based on metric outcome.

• Reduce exceptions through root cause analysis and implementation of solutions.

• Build effective working relationships with business contacts.

• Act as Subject matter expertise (SME) and help drive process re-engineering & transformation efforts.

• Work closely with key stakeholders like controllers, CFLs/RFLs, and other SBG Inter Co. contacts

• Reduce exceptions through root cause analysis and enforce standardization, unless inevitable due to local legal compliances.

• Education and Certifications

• MBA Finance and B. Com or CA/CMA/CS Intermediate Level

• Required Experiences- 5 + years of overall finance experience.

• Finance or Accounts graduate. Must have worked in finance domain for at least 7+ years

• Minimum 7+ years of experience in Accounting.

Competencies

Specific knowledge, skills and experience needed to successfully undertake duties of the job

• Education and Certifications
• MBA Finance and B. Com or CA/CMA/CS Intermediate Level
• Required Experiences- 5 + years of overall finance experience.
• Finance or Accounts graduate. Must have worked in finance domain for at least 7+ years
• Minimum 7+ years of experience in Accounting.

Knowledge and Skills:

Critical

• Hands on experience with SAP GL, AR & AP and Data analytics tools
• Preferable Work experience on consolidation platforms like Hyperion Reporting systems.
• Good knowledge of Inter Company billing concepts, processes & best practice.
• Good knowledge of US and/or other GAAPs.
• Strong technical and analytical skills.
• Knowledge of R2R concepts, processes, best practices and value addition process initiatives and execution, & Banking domain expertise.
• Excellent communication and interpersonal skill are desirous.

Preferable

• Exposure to full close processes for a multi-national group.
• Proactive, ability to use own initiative and partner to devise creative solutions.
• Having an audit experience will be an added advantage.
• Strong knowledge of MS Office (Word, Excel, PowerPoint).
• Flexibility to work shifts & exposure to global customers.