Join a team recognized for leadership, innovation and diversity
Honeywell International is a $40 billion diversified Fortune 100 leader with more than 130,000 employees in 100 countries around the world. We invent and manufacture technologies that address some of the world’s toughest challenges linked to global macro trends like energy efficiency, clean energy generation, safety and security, globalization and customer productivity.
Honeywell Process Solutions (HPS) is one of the largest Strategic business unit of Honeywell, that improves the productivity and profitability of industrial facilities on every continent around the world. With more than 10,000 employees in 95 countries, HPS offers a full range of industry-leading automation and control solutions and advanced software applications to key vertical markets, including Energy, Pulp & Paper, and Chemicals/Pharmaceuticals.
Finance team of HPS act as a business partner and advisor to the business team taking care of responsibilities like Financial planning (AOP, 5 year strategic plan), monthly closing & reporting with detailed analysis, ensuring statutory & commercial compliances, driving controllership agenda’s into the business by way of Balance Sheet review’s and audits, driving working capital reduction including collection of receivables, driving productivity initiatives etc.
This position will be based out of Pune to provide finance leadership for entire HPS India (having 6 LOB’s ) .
The major responsibilities of this position:
Partner with business to drive Growth and ensure to deliver on the financial commitments – Revenue, Operating Income, Working Capital, Cash Flow.
Provide financial guidance to HPS India leadership team for all activities of the business including Strategic analysis, Specific Deal Analysis, Deal Modeling, Contract Reviews and Cost Control.
Implement and drive Hon STRAP, AOP, Quarterly & Monthly Forecast Processes. SRO/Financial forecast reliability and accuracy.
Ensure Intense focus on cost productivity and financial discipline through the development of detailed and prudent business plans, the deployment of spend analysis tools, and influence / inspection/validation of theseprograms.
Drive performance Reviews with Business team
Proactively identifying, communicating and managing potential cost inefficiencies and balance sheet exposure matters.
Drive working capital reduction with the help of business and functional leaders. Improve number of days for AR, AP and inventory.
Drive Process improvement on area like customer ordering to cash (C2C), purchase to pay (P2P), Product return / warranty, inventory planning & supply chain and other business processes.
Perform a formal (documented) quarterly analytic review of the P&L and balance sheet for the LOB , investigating and documenting all unusual trends and fluctuations.
Work effectively with CFT within Honeywell Finance operating Model (Controllership, Fin ops , GFC & Tax ) to ensure smooth business operations (Effective Audits, Compliance with Hwl policies Financial close , Treasury, Reporting ,Identification of potential future Tax issues & Resolution).
Ensure compliance with all local and corporate statutory laws, Indian GAAP, US GAAP and Honeywell Accounting Policies
Overall finance responsibility of a joint venture companyYOU MUST HAVE
Honeywell International is a $40 billion diversified Fortune 100 leader with more than 130,000 employees in 100 countries around the world. We invent and manufacture technologies that address some of the world’s toughest challenges linked to global macro trends like energy efficiency, clean energy generation, safety and security, globalization and customer productivity.
Honeywell Process Solutions (HPS) is one of the largest Strategic business unit of Honeywell, that improves the productivity and profitability of industrial facilities on every continent around the world. With more than 10,000 employees in 95 countries, HPS offers a full range of industry-leading automation and control solutions and advanced software applications to key vertical markets, including Energy, Pulp & Paper, and Chemicals/Pharmaceuticals.
Finance team of HPS act as a business partner and advisor to the business team taking care of responsibilities like Financial planning (AOP, 5 year strategic plan), monthly closing & reporting with detailed analysis, ensuring statutory & commercial compliances, driving controllership agenda’s into the business by way of Balance Sheet review’s and audits, driving working capital reduction including collection of receivables, driving productivity initiatives etc.
This position will be based out of Pune to provide finance leadership for entire HPS India (having 6 LOB’s ) .
The major responsibilities of this position:
Partner with business to drive Growth and ensure to deliver on the financial commitments – Revenue, Operating Income, Working Capital, Cash Flow.
Provide financial guidance to HPS India leadership team for all activities of the business including Strategic analysis, Specific Deal Analysis, Deal Modeling, Contract Reviews and Cost Control.
Implement and drive Hon STRAP, AOP, Quarterly & Monthly Forecast Processes. SRO/Financial forecast reliability and accuracy.
Ensure Intense focus on cost productivity and financial discipline through the development of detailed and prudent business plans, the deployment of spend analysis tools, and influence / inspection/validation of theseprograms.
Drive performance Reviews with Business team
Proactively identifying, communicating and managing potential cost inefficiencies and balance sheet exposure matters.
Drive working capital reduction with the help of business and functional leaders. Improve number of days for AR, AP and inventory.
Drive Process improvement on area like customer ordering to cash (C2C), purchase to pay (P2P), Product return / warranty, inventory planning & supply chain and other business processes.
Perform a formal (documented) quarterly analytic review of the P&L and balance sheet for the LOB , investigating and documenting all unusual trends and fluctuations.
Work effectively with CFT within Honeywell Finance operating Model (Controllership, Fin ops , GFC & Tax ) to ensure smooth business operations (Effective Audits, Compliance with Hwl policies Financial close , Treasury, Reporting ,Identification of potential future Tax issues & Resolution).
Ensure compliance with all local and corporate statutory laws, Indian GAAP, US GAAP and Honeywell Accounting Policies
Overall finance responsibility of a joint venture companyYOU MUST HAVE
- CA /MBA Finance with 15 year of post qualification experience.
LeaExperience in Manufacturing, project & Service Industry is a must. Should have owned business results responsibility.
Comfortable and experienced at leadership role, dealing with various functions and global stakeholders.
Fluent in verbal English and in written communication.
Knowledge of ERP systems, Preferable SAP . Excellent in MS Office tools .
Good knowledge of Indian GAAP, US GAAP, Direct /Indirect Taxes and IFRS / Ind AS – Well versed with Project Accounting
WE VALUE
- Some experience in tax CPA & advance degree with an emphasis in taxation
- Basic knowledge of US international tax law and regulations.
- US GAAP Financial Accounting/ASC 740 knowledge.
- Understanding tax implications of multi-national company
- Demonstrated ability to deliver complex solutions without supervision.
- Strong analytical & problems solving skills
- Effective verbal and written communication skill
- Proven track record of people mgmt.
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