The Role
Manages banking operations, cash pooling, reconciliations, foreign transactions, hedging records, month-end close, GL integrity, payment authorization, and audit support. Oversees SAP bank statement processing, Concur reconciliation, auto-clearing rules, controls compliance, and process improvements. Partners with Treasury, IT, banks, and internal stakeholders on bank implementations, testing, issue resolution, standardization, and automation. Requires extensive accounting or finance experience in a multinational environment.
Summary Generated by Built In
Key Responsibilities
Critical activities of the job
- Liaising with businesses, banks, Cash Services and internal stakeholders.
- Manage banking operations to ensure timely delivery with quality.
- Closely monitor cash pooling, country specific banking requirements, cash funding, Direct Debit processes etc.,
- Ensure foreign transactions and hedges are properly recorded.
- Ensure queries / transactions are resolved timely and GL is not aged
- Ensure banking recons are delivered on-time & with quality with no unexplained items.
- Execute month end closing activities.
- Initiate and review GL entries to ensure integrity of all transactions and resolve any queries.
- Design and continuously improve processes focusing on standardization & simplification.
- Drive improvement on identified issues within defined scope of responsibility.
- Participate in new bank implementation & support UAT, testing in partnership with Treasury & IT teams
- Ensure relevant GAAP, HON accounting policies
- Participate in external and internal audits.
- Participate in process improvement reviews and projects.
- Overseeing review of MT940 bank statement status file on daily basis. Validate & work with SAP, IT & Bank teams for failure cases if any, and ensure all bank statements are accurately uploaded and match against SAP
- Manage the review of Concur (Employee reimbursement claims) Reconciliation and approvals
- Payment authorization in bank portal with proper adherence to underlying controls and validation of supporting documents.
- Managing setting up auto rules in SAP to clear standard bank open line items.
- Exposure to controls compliance for Sarbanes-Oxley, Process re-engineering & Automation.
- CA/ICWA or CA Inter/ICWA Inter or MBA Finance and bachelor’s in finance/Accounting
- 8+ for CA/ICWA or 10 to 12 + years’ experience for Finance or Accounts graduate.
Critical
- Hands on experience with SAP GL, Banking, AR & AP processes.
- Banking platform technical expertise.
- Multi Bank / bank account reconciliations, analysis & investigation experience to resolve aged items.
- Large multinational environment experience with good communication skills
- Strong technical and analytical skills
- Be a Zealot for Growth
- Be Courageous with Go Beyond Attitude
- Think Big…Then Make It Happen
Skills Required
- CA, ICWA, CA Inter, ICWA Inter, or MBA Finance with a bachelor's degree in Finance or Accounting
- 8+ years of experience for CA/ICWA candidates
- 10 to 12+ years of experience for Finance or Accounting graduates
- Hands-on experience with SAP GL, banking, accounts receivable, and accounts payable processes
- Technical expertise with banking platforms
- Experience with multi-bank and bank account reconciliations, analysis, and investigation of aged items
- Experience in a large multinational environment
- Strong communication, technical, and analytical skills
- Exposure to Sarbanes-Oxley controls compliance, process re-engineering, and automation
Honeywell Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Honeywell and has not been reviewed or approved by Honeywell.
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Retirement Support — Retirement benefits are anchored by a strong 401(k) match with clear vesting and annual funding mechanics. Plan administration and education resources further reinforce long‑term savings support.
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Leave & Time Off Breadth — Time away provisions include company holidays, flexible vacation for many exempt roles, and paid sick time. These policies contribute meaningful breadth beyond base pay.
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Parental & Family Support — Paid parental leave is available to all parents with flexible usage options, and certain family‑building supports are included. Birth mothers can coordinate leave with short‑term disability for extended coverage.
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The Company
What We Do
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.
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