BFS - Sr Advance Finance Analyst – PA R&D and HQ Functional Cost
As a Senior Advance Finance Analyst at GBS BFS, you will be instrumental in managing R&D and HQ functional costs SBG level. Your responsibilities will encompass analysis and operational oversight, providing financial insights to support strategic decision-making and enhance cost performance. Core duties include regular cost monitoring, planning, budgeting, forecasting, and variance analysis. Additionally, the role involves operational tasks such as accruals and financial reporting.
Key Responsibilities- Periodic Cost Analysis and Driving Metrics: Conduct regular analysis of costs and drive associated financial metrics to manage the organization’s cost performance and identify areas for improvement.
- Collaboration with Functional Leaders: Work closely with functional leaders to support activities such as Pulse, SRO (Short Range Outlook), AOP (Annual Operating Plan), and related forecasting processes, ensuring accurate and timely financial projections.
- Lead and participate in monthly sessions with both operations and finance leadership to review financial performance, NPI Reviews, Business case reviews, Engineering and Patent cost analysis, address variances, and align action plans.
- Insight Generation and Financial Analysis: Provide new and valuable insights through comprehensive financial analysis, supporting informed decision-making and strategic initiatives.
- Standardization and Automation Initiatives: Promote and implement the standardization and automation of financial processes and report to drive productivity and operational efficiency across the team.
- Oversee the timely and accurate completion of recurring deliverables, including accruals, intercompany recharges, and the preparation of financial reports. Prepare leadership presentations and support monthly operating reviews.
Education and Certifications
- Chartered Accountant/Cost Accountant/master’s degree in finance, or Business Administration
Required Experience 6+ years of overall finance experience
Critical
- A Capable finance professional who has the intellectual curiosity and an attitude in going above and beyond to partner with the business in commercial excellence.
- Exposure to Global Customers with ability to interact effectively with all levels of employees/customers and align and integrate with other departments / sites.
- Strategic Partner with Corporate Finance and Functional leaders to manage financial targets for the function.
- Prior exposure of driving business finance metrics
- Exposure to Tools like Power BI, Advance excel etc.
- Knowledge of ERP systems like SAP, Oracle, Essbase, HANA/BW and Hyperion
- The ability to quickly identify subtle patterns among issues and to make consistent, timely decisions
- Strong cross functional and peer influencing skills.
Skills Required
- Chartered Accountant, Cost Accountant, or Master's degree in Finance or Business Administration
- 6+ years of overall finance experience
- Experience driving business finance metrics and financial planning/forecasting (AOP, SRO, Pulse)
- Experience with Power BI and advanced Excel
- Knowledge of ERP and financial systems (SAP, Oracle, Essbase, HANA/BW, Hyperion)
- Experience interacting with global customers and cross-functional stakeholders
- Ability to analyze costs, identify patterns, perform variance analysis, and generate actionable insights
- Strong cross-functional influence and collaboration skills
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 plans feature a notably strong company 401(k) match with vesting after three years, enhancing long-term savings security. Additional tax-advantaged accounts and company contributions for eligible earners further strengthen financial preparedness.
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Leave & Time Off Breadth — Time off policies include flexible or unlimited vacation for many salaried roles and a broad observed-holiday schedule, providing manager-approved flexibility. This structure supports rest and work-life balance across varied needs.
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Parental & Family Support — Parental leave offers paid time for birth, adoption, or foster care that can be taken consecutively or intermittently. The design enables practical flexibility in how family leave is used.
Honeywell Insights
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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