Sr Finance Analyst (PS)

Role overview

Sr Finance Analyst (PS) at Honeywell

Financial Planning and Analysis: Partner and support planning and forecasting processes for ISC costs, including AOP, forecasts (SRO/Pulse), and monthly estimates, in coordination with business and ISC finance leads.

Responsibilities

• Standard Costing: Drive the Annual Standard Costing process, including governance with AC-04 and In-year standard costing and Audit walkthroughs.
• 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.
• Create visibility at SBG, GBE/ Region, and product levels and drive analytics to improve metrics.
• Reporting and Analytics: Manage financial reporting, estimates, accrual guidance, and business engagement with GBEs.
• Deliver Region/GBE/SBG-level visibility and analytics to drive ISC key metrics while working with ISC finance leads.
• Interpret results and provide actionable recommendations to meet SBG goals for cost efficiency and productivity.
• Stakeholder Engagement: Partner with businesses/Region/GBE leads to review financial performance, address variances, align action plans, and drive strategic objectives.
• Standardization and Automation: Implement standardized and automated financial processes and reporting to enhance productivity and operational efficiency.
• Develop integrated and standardized reporting in areas such as costs, inventory, IOS, etc.
• Operational Deliverables: Ensure timely and accurate completion of recurring tasks, including accruals, intercompany recharges, and preparation of financial reports.
• As a Senior Finance Analyst at GFC BFS ISC BA, you will play a pivotal role in supporting the CFO by managing GBE/Regional 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.
• Additionally, the role involves operational tasks such as accruals and financial reporting for ISC conversion costs and inventory.
• Education and Certifications Chartered Accountant / Cost Accountant / Master’s Degree in Finance or Business Administration with 6+ years of overall finance experience Critical Skills Strategic Partnership: Collaborate with Corporate Finance and functional leaders to manage financial targets for the function.
• Technical Proficiency: Experience with tools such as Tableau, BI, and Alteryx; knowledge of ERP/reporting systems like SAP, Oracle, Essbase, HANA/BW, and Hyperion.
• Analytical Skills: Ability to identify patterns among issues and make consistent, timely decisions.
• Influencing Skills: Strong cross-functional and peer influencing capabilities.
• Professional Attributes: Intellectual curiosity and a proactive attitude to partner with the business in driving commercial excellence.
• Global Exposure: Ability to interact effectively with all levels of employees/customers and integrate with other departments/sites.

Employment details

• Location: Bengaluru [Karnataka] [India]