Accounting Specialist at Honeywell

, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

02 Jun, 26

Salary

0.0

Posted On

04 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Intercompany Accounting, Intercompany Reporting, FX Hedging, IC Settlements, Policy Compliance, Month End Reconciliation, Account Reconciliations, Master Data Cleansing, GL Account Analysis, Equity Reporting, GRIR Management, Corporate Recharges, Root Cause Analysis, Process Re-engineering, Stakeholder Management, Standardization

Industry

electrical;Appliances;and Electronics Manufacturing

Description

Key Responsibilities Critical activities of the job InterCo * 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. Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.

Responsibilities

The specialist will be responsible for supporting all critical Intercompany activities, including end-to-end understanding of the Intercompany cycle, month-end reconciliation, and ensuring policy compliance. Key tasks involve analyzing aged imbalances, resolving month-end discrepancies, managing corporate recharges, and acting as a Tier 2/3 resolution coordinator for Interco queues.