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Full-time
postgraduate degree, professional certificate
Posted 42d ago
~40 hrs/week
Responsibilities
The role involves owning end-to-end finance cost management for a specific business unit, focusing on ISC conversion costs and inventory. Key duties include leading the annual standard costing process, financial planning, and providing strategic insights to improve cost performance.
Requirements
Candidates must be a Chartered Accountant, Cost Accountant, or hold a Master's degree in Finance or Business Administration. A minimum of 6+ years of overall finance experience is required.
Full job description
GBS BFS ISC – Sr. Adv. Finance Analyst: Site Finance Support
Location: Bangalore, KA
As a Senior Adv. Finance Analyst at GFC BFS ISC BA, you will be own end to end Finance Cost management for the site supported as Site Finance lead for the respective Business Unit. You will be managing finance operations and providing financial insights and analysis on ISC conversion costs and inventory. This role enables strategic decision-making, drives initiatives, and enhances cost performance. Core responsibilities include leading the Annual Standard Costing process, regular cost monitoring, planning, budgeting, forecasting, and variance analysis, Month end close and financial reporting for ISC conversion costs and inventory.
Key Responsibilities
Standard Costing: Drive the Annual Standard Costing process, including governance with AC-04 and In-year standard costing.
Financial Planning and Analysis: Oversee end-to-end financial operations of the manufacturing plant within the business unit, lead the planning and forecasting process for the plant including the Strategic Plan, Annual Operating Plan, Short Range Outlook by coordinating with CFO/Regional leads.
Cost Management: Conduct in-depth financial analysis, trend analysis, and variance analysis of conversion costs, PPV, absorption, DLE Efficiency and IOS analytics to identify OI improvement opportunities and WC efficiency.
Compliance and Controls: Ensure compliance with financial regulations and internal controls through driving timely annual standard costing activity and managing in- year standards for the plant. Manage Annual physical inventory process, Dock Walks reconciliations.
Reporting and Analytics: Drive financial reporting, estimates and accrual finalization. Take actions to improve ISC metrics by actively implementing available analytics for process efficiency.
Stakeholder Engagement: Continuously engage and partner Plant Leader/Regional leads to review financial performance, address variances, align action plans and drive strategic objectives for the business unit.
Standardization and Automation Initiatives: Implement available tools for standardization and automation of financial processes and reporting to drive operational efficiency in areas such as Conversion cost, PPV, labor efficiency, inventory and IOS.
Operational Deliverables: Ensure timely and accurate completion of recurring tasks, including accruals, intercompany recharges, and preparation of financial reports.
Education and Certifications
Chartered Accountant / Cost Accountant / Master’s Degree in Finance or Business Administration with 6+ years of overall finance experience
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.
Related keywords
Standard CostingFP&AConversion CostsPPVAbsorptionDLE EfficiencyIOS AnalyticsWorking CapitalInternal ControlsPhysical InventoryIntercompany RechargesAccrualsHoneywell ForgeManufacturing FinanceStrategic PlanAnnual Operating Plan
Honeywell is a Fortune 500 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 110,000 employees worldwide, including more than 19,000 engineers and scientists, we have an unrelenting focus on quality, delivery, value, and technology in everything we make and do.
For additional information on how Honeywell processes your personal information please visit https://www.honeywell.com/privacy-statement.
Offices: Honeywell International Inc., Charlotte, North Carolina 28202, US · Calle de Josefa Valcarcel, 24, Madrid, Community of Madrid 28027, ES · 85 Enterprise Dr, Markham, ON L6G, CA
Honeywell is a Fortune 500 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 110,000 employees worldwide, including more than 19,000 engineers and scientists, we have an unrelenting focus on quality, delivery, value, and technology in everything we make and do.
For additional information on how Honeywell processes your personal information please visit https://www.honeywell.com/privacy-statement.
Offices: Honeywell International Inc., Charlotte, North Carolina 28202, US · Calle de Josefa Valcarcel, 24, Madrid, Community of Madrid 28027, ES · 85 Enterprise Dr, Markham, ON L6G, CA