04 Jan

Financial Analyst - Pune - Honeywell

Financial Analyst
Pune MH
04 Jan, 2017 30+ days ago

Honeywell as the company that open the jobs vacancy, have some qualification and spesification especially for the Financial Analyst jobs vacancy. To find out more information and about qualification and spesification details, walkin interview schedule, the address of the company, the company contact info (email/phone number) of Honeywell company, please start to apply for the job vacancy with fill the jobs application with click the 'Apply This Job' button below.

As part of our ongoing functional transformation initiative Honeywell ACS has created an India Centre of Technical Accounting, based at the Pune facility in India.
The COTA drives best business practice in our finance organisation and will work directly with our internal customers to ensure a first class service is delivered. This is achieved by:

 Center of Excellence providing General Accounting, Close the Books, Payables, Cash Applications & Credit, Treasury, Payroll and Travel & ESS services to the business.
 Ensuring compliance of the CPS Model and ACS Accounting Policies
 Support the implementation of new business, systems and processes into the COTA
 Acting as a vehicle to deliver new systems and processes
 Managing process performance to drive continuous improvement through metric based scorecards

The General Accounting function will oversee and ensure compliance of the ACS close process and deliver key metrics and analysis.

The responsibilities of the Financial Planning & Analyst will be:

 Active involvement in Financial Closure of assigned entities on monthly basis in timely and accurate manner as per policies and procedures.
 Completion of Month Closing Activities as per the Monthly Closing Checklist in close co-ordination with Manager Accounting, COTA team & Business Finance team.
 Ensure that Journals are passed only after complete understanding & appropriate approvals. Maintain proper audit trail for JE’s.
 Maintain accurate accounting records and general ledgers, including the recording of financial transactions.
 Preparation of Monthly Reconciliations of accounts and loading it in E Rec tool.
 Active Involvement in execution of Statutory, Corporate Audit in close co-ordination with Manager General Accounting. Submit deliverables on time to Auditors with proper accuracy, explanation & supporting.
 Preparation of schedules, Notes to Accounts for Audits.
 To coordinate with various stakeholders to ensure that monthly closing and audits are completed in timely manner for his area.
 Ensure statutory compliance as per the Companies Act, US GAAP and IGAAP.
 Build effective working relationships with other COE Teams, Finance business partnership teams and co-source partner.
 Preparing monthly COTA Reports/Scorecard in time. Also providing business finance with monthly MIS reports & Adhoc Requirements.
 Take proactive action and lead in providing various information to business for information related to COTA.
 Participate in process improvement projects & automation in SAP.
 Preparing monthly, quarterly and year end workbooks and submitting them to global team in a timely manner
 Ensuring compliance with ACS accounting policies for various financial statement areas
 Active involvement in working out various accounting estimates e.g. provision for doubtful debts, provision for slow and non-moving inventory etc.
 Calculation of standard cost and burden rate for inventory
 Compliance with cost accounting records and rules
 Compliance with Indian GAAP and US GAAP requirements

Skills Required/Sought
 Sound knowledge of Accounting, Monthly Closing process, working on Internal/External Audits.
 Lead and take initiative in doing work independently.
 Process orientated with excellent problem solving skills
 Good team member
 Experience in large multinational environment.
 Knowledge of SAP and HFM will be added advantage.
 Knowledge of Accounting Standards, US GAAP and IGAAP preferred.
 Strong, proven Customer / Service orientation mindset
 Ability to multi task at different levels and work on simultaneously on multiple priorities.

Experience / Qualifications
 CA/CMA with 3 to 5 years of experience.

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