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Entity Controller

Employer
Honeywell
Location
Bangalore Bangalore Karnataka, Karnataka, India
Salary
Competitive Salary
Closing date
May 26, 2024

View more

Job Role
Controller
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Join a team recognized for leadership, innovation and diversity

Accounting, Control and Compliance
  • Main responsibility involves managing balance sheet account reconciliation processes, ensure recons are delivered with quality and coordinate with US GAAP controllership to drive closure of aged / unreconciled / invalid items as per policy
  • Identify areas of improvement in recon preparation process and come up with ways to enhance the quality of recon to match corporate policy, IFRS /US GAAP requirements, industry standards and external audit scrutiny
  • Own and/or support robust balance sheet review process and always ensure balance sheet hygiene. Completion of quarterly variance analysis of the B/S and P/L
  • Ensure statutory financial statement preparation for entities in supported regions are prepared with high standards of compliance with IFRS and local GAAP requirements, including bridge files between US GAAP and IFRS, management reports, disclosures, and tax related activities
  • Review and verify completeness and accuracy of information received from other departments prior to incorporation into FS
  • Independently understand workings for tax, pension, lease etc. and come up with entries to be posted
  • Draft management reports, disclosures, notes, and any other information needed to complete statutory financials
  • Preparation of tax pack for local tax computation
  • Inculcate a continuous improvement mindset as well as a digital mindset
  • Exhibit transformative behavior in a fast-paced environment

Business Partnership and Process Improvement
  • Ensure strong stakeholder management with US GAAP controllership, country finance leaders and key stakeholders in finance and business to deliver Stat GAAP/IFRS compliant financials
  • Coordinate and support Internal audit, external audit, and SOX Compliance
  • Support business on new initiatives and finance projects
  • Partner with Transformation team in identifying and delivering on process improvement opportunities
  • Manage the ad-hoc queries from country finance teams/external auditors/internal auditors/internal controls

Education and Certifications
  • Chartered Accountant/ICWA / equivalent with strong academic achievements.
  • IFRS certification preferred

Required Experiences
  • Min 3-4 years of experience for Entity controller and 2-3 years of experience for Asst Entity Controller in public accounting in either Big4's or large audit firms
  • Experience of handling financial statements of multi-national companies
  • Good technical acumen in US GAAP/IFRS requirements
  • Hands on experience of working on reconciling GAAP differences

Knowledge and Skills
  • Hands on experience with SAP / Systems knowledge of SAP and HFM
  • Good knowledge of US GAAP and IFRS
  • Knowledge of R2R concepts, processes, and best practices
  • Good knowledge of internal control framework / SOX at multinational setup
  • Process orientated with excellent problem-solving skills
  • Strong technical and analytical skills
  • Project mindset, can identify opportunities and lead technical projects
  • Good business acumen including company, legal entity, regulatory and compliance design
  • Strong communication (oral and written) skills
  • Contribute independently, with minimal supervision in a fast-paced environment

Behavioral Attributes (6 Honeywell behaviors or COO attributes)
  • Drive accountability
  • Be courageous
  • Win together
  • Innovate and create value for customers
  • Embrace transformation

Additional Information
  • JOB ID: req443675
  • Category: Finance


  • Location:
    Devarabisanahalli Village, KR Varturhobli,,East Taluk - Phase I,Bangalore,KARNATAKA,560103,India
  • Exempt

Early Career (ALL)

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