Sr Accounting Specialist

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Join a team recognized for leadership, innovation and diversity. 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.

Join a team recognized for leadership, innovation and diversity

· 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.

Competencies

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

Education and Certifications

· MBA Finance & B. Com or CA/ICWA/CS

Required Experiences

· 10 - 12 + years of overall finance experience.

· Finance or Accounts graduate. Must have worked in finance domain for at least 10+ years

· Minimum 10+ years of experience in Accounting.

Knowledge and Skills

Critical

· Hands on experience with SAP GL, AR & AP and Data analytics tools

· Worked on consolidation platforms like Hyperion Reporting systems.

· Extensive 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 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.

Set alert for similar jobsSr Accounting Specialist role in Bangalore Urban, India

Company

Honeywell

Job Posted

a year ago

Job Type

Full-time

WorkMode

On-site

Experience Level

8-12 Years