Senior Finance Analyst at Honeywell

Permatang Pauh, Penang, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

11 Jun, 26

Salary

0.0

Posted On

13 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Strategies, Scrap Review, Variance Analysis, Labor Efficiency, Inventory Management, Overhead Absorption, Physical Inventory Count, Internal Controls, SOX Compliance, Month End Close, Journal Postings, P&L Analysis, Forecasting, AOP Preparation, Fixed Assets, AP Payment Coordination

Industry

electrical;Appliances;and Electronics Manufacturing

Description

THE FUTURE IS WHAT WE MAKE IT. Senior Finance Analyst Penang, Malaysia Start your career by making an impact and real connections with some of the most meaningful challenges around. When you join Honeywell, you become a member of our performance culture comprised of diverse leaders, thinkers, innovators, dreamers, and doers who are changing the future. Make the Best You. Working at Honeywell is not just creating incredible things. You will collaborate with top minds, grow through continuous learning, and benefit from an inclusive environment that rewards performance and celebrate achievements. Join Us and Make an Impact. As a Sr Finance Analyst here at Honeywell, you will drive financial strategies, provide insightful guidance, and ensure operational excellence, directly impacting our growth, profitability, and long-term financial health Key Responsibilities: * To co-ordinate and manage scrap review with site operations team. Scrap reporting by factory, product family, major pareto and followup for any pending issues to be resolved with respective departments. * Production order variance (POV) analysis into material and labor elements. Analysis of products/work order with huge variance, favorable/unfavorable to drive Operations and Engineering to minimize variances. * Support site with labor efficiency (LE) metric, ie weekly and monthly reporting. LE forecast/simulation to support site in controlling and managing LE metric as and when required. * Quarterly Inventory Excess & Obsolescence analysis in accordance with policy. Review and followup with materials management team on huge variances identified, to document the reasons and action plan to address the issues identified. * Over/under overhead absorption analysis and forecast. Weekly over/under absorption analysis & forecast based on actual and plan MPS output. To analyse key driver for week to week major over/under absorption forecast changes, and key driver for forecast to actuals major deviation at month end. * To co-ordinate and manage yearly physical inventory count. Work with operations and materials management to ensure proper cut-off schedule, and effective execution of physical inventory count. * Ensure internal controls & SOX compliance. Key Control Document and Process Map update. * Daily and month end close activities to ensure completeness of journal postings, inventory reports reconciliation etc. Any additional work that may be assigned as and when required. * Able to support both OEM and R&O business as and when needed. Ability to manage and analyse full business P&L. * Forecast and AOP preparation for assigned business unit. * Co-ordinate fixed assets sighting. * Co-ordinate AP payment with disbursement team 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 Senior Finance Analyst will drive financial strategies, provide guidance, and ensure operational excellence by coordinating scrap review, analyzing production order variance, and supporting labor efficiency metrics.