Key Responsibilities

Critical activities of the job

Inter Co

• Responsible for supporting Honeywell SBG Intercompany and intercompany activities

• Month end reconciliation for accurate month end reporting

• Ensure Inter Co accounts are analyzed; deliver detailed reports to business and co-source partners highlighting areas of concern.

• Ensure account recons are delivered with quality.

• Identifies and resolve month 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.

• Manage and own international cash mgt clearing account (measured against aging).

• Liaise with BPO team and ensure they are delivering requirements as per agreement

• Ensure Interco practices are compliant to locations supported

• Manage Intra-company and resolution of Equity reporting for cross company transactions for multi company codes in same legal entities.

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

• Be the focal point to co-ordinate mass charges including coding and recording

• Monitor Interco queues; act as tier 2/3 resolution/co-ordinator

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

• Oversee recharge processes; Be the focal point to co-ordinate mass charges incl coding and recording.

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

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

• Work with Inter Co suppliers to implement process improvement

• Build effective working relationships with business contacts and co-source partner.

• Support business controls compliance for Sarbanes-Oxley.

• Subject matter expertise (SME), Process re-engineering & Automation.

• Work closely with key stakeholders like Controllership, SBU CFOs and other SBG Inter Co contacts

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

• Education and Certifications

• Bachelors in Finance

• Required Experiences

• 5 - 7 + years of overall finance experience.

• Finance or Accounts graduate. Must have worked in finance domain for at least 5 years

• Minimum 6 years of experience in Accounting.

Competencies

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

• Education and Certifications

• Bachelors in Finance

• Required Experiences

• 5 - 7 + years of overall finance experience.

• Finance or Accounts graduate. Must have worked in finance domain for at least 5 years

• Minimum 6 years of experience in Accounting.

Knowledge and Skills:

Critical

• Hands on experience with SAP.
• Worked on consolidation platforms like Hyperion Reporting systems.
• Banking platform technical expertise.
• Broad knowledge of Inter Company billing concepts, processes & best practice.
• Good knowledge of US GAAP.
• 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 is desirous.

Preferable

• Exposure to managing full close processes for a multi-national group.

• Proactive, ability to use own initiative and take lead 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.

• Behaviors/Attributes (8 Honeywell or COO Mindset)

• Be a Zealot for Growth

• Be Courageous

• Think Big…Then Make It Happen