Sr Finance Manager

Posted 2 Days Ago
2 Locations
In-Office or Remote
143K-179K Annually
Senior level
Aerospace • Security • Energy • Industrial
The Role
Lead global S/4HANA finance transformation focused on product costing, material ledger, and margin analysis. Standardize costing templates, implement actual costing, migrate to account-based CO‑PA, integrate finance with PP/MM/SD, build executive dashboards, drive cost optimization, governance, and change management to improve margin visibility and financial controls.
Summary Generated by Built In

As a Senior Finance Manager with deep expertise in SAP S/4HANA Product Costing, Material Ledger, and Margin Analysis, to drive real-time profitability insights, global standardization, and multimillion-dollar cost optimization initiatives. 

You will report directly to our leadership team, and you’ll work out of our Charlotte location on a hybrid work schedule. 

In this role, you will impact the financial performance of the company by leveraging SAP S4HANA capabilities to deliver insightful financial analysis, develop cost control measures, and optimize revenue streams while ensuring compliance with financial policies and regulations. 

Responsibilities

KEY RESPONSIBILITIES 

  1. Lead end-to-end S/4HANA Finance transformation for a global manufacturing company, enabling real-time margin visibility across multiple business units and revenue portfolios 
  • Direct cross-functional teams (Finance, Supply Chain, Commercial, IT) to design and deploy Product Costing + Margin Analysis architecture, reducing reporting latency and improving profitability visibility. 
  • Own/manage global template design for costing and profitability, standardizing processes globally. 

2. Product Costing (CO-PC + Material Ledger) 

  • Implement Material Ledger with Actual Costing, delivering multi-level variance transparency and improving cost accuracy  
  • Design and optimize standard costing models (CK11N, CK40N) incorporating BOM, routing, and overhead structures 
  • Lead cost component structure redesign, improving visibility into direct vs indirect cost drivers for executive decision-making 
  • Enable reduced production cost variances through enhanced variance analysis and root cause analytics 

3. Revenue & Margin Analysis (S/4HANA CO-PA) 

  • Lead migration from costing-based CO-PA to account-based Margin Analysis, enabling real-time profitability reporting in ACDOCA 
  • Designed profitability frameworks across product, customer, and channel dimensions, improving margin insights for pricing strategies 
  • Partner with leadership to identify margin leakage drivers, resulting in gross margin improvement 
  • Architect CO-PA derivation logic and value flows aligning revenue with cost-of-goods sold in real time 

4. Integration Excellence (End-to-End Value Chain) 

  • Orchestrate seamless integration between PP, MM, SD, and FI, ensuring accurate cost and revenue flow across the value chain 
  • Align pricing procedures (SD) with cost structures, enabling better contribution margin analysis 
  • Implemented event-based WIP and variance postings in S/4, improving financial close accuracy and reducing reconciliation issues 

5. Analytics & Decision Support 

  • Build executive dashboards using SAP Fiori and EDW enabling leadership to track gross margin, cost variances, and profitability drivers in real time 
  • Enabled self-service analytics for finance and operations teams, reducing manual reporting effort  

 6. Business Impact & Strategic Initiatives 

  • Lead cost optimization reporting initiatives that optimize manufacturing costs through better costing insights 
  • Define transfer pricing and intercompany margin models, ensuring compliance while improving internal profitability transparency 

7. Governance & Controls 

  • Establish governance framework for standard costing, margin analysis, and periodic costing runs, ensuring audit compliance 
  • Improve FI-CO reconciliation accuracy through universal journal alignment (ACDOCA) 

 8. Transformation & Change Management 

  • Deliver ECC → S/4 migration program, including Material Ledger activation and CO-PA transformation 
  • Champion fit-to-standard approach, reduce customization footprint by and accelerating implementation timelines 
  • Lead business adoption initiatives, to achieve user adoption of new margin and costing analytics tools 
Qualifications

YOU MUST HAVE 

  • Minimum of 6-8 years of experience in commercial finance, plant financials or related roles 
  • Strong expertise in SAP S4HANA financial modules, particularly in product costing and revenue margin 
  • Proven leadership and team management skills 
  • Excellent analytical and problem-solving abilities 
  • Proficiency in financial analysis, SAP FICO, CO-PA, CO-PC and S4HANA 
  • Ability to communicate complex financial information clearly and effectively 

WE VALUE 

  • Bachelor’s degree in Finance, Accounting, MBA or a related field 
  • Dynamic and self-motivated individuals 
  • Strong teamwork and collaboration skills 
  • Innovative and eager to learn mindset 
  • Passion for continuous improvement and business growth +

The annual base salary range for this position in Chicago, IL is <$143,000 - $179,000>. Please note that this salary information serves as a general guideline. Honeywell considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations. 

In addition to a competitive salary, leading-edge work, and developing solutions side-by-side with dedicated experts in their fields, Honeywell employees are eligible for a comprehensive benefits package. This package includes employer subsidized Medical, Dental, Vision, and Life Insurance; Short-Term and Long-Term Disability; 401(k) match, Flexible Spending Accounts, Health Savings Accounts, EAP, and Educational Assistance; Parental Leave, Paid Time Off (for vacation, personal business, sick time, and parental leave), and 12 Paid Holidays. For more information visit: Benefits at Honeywell 

The application period for the job is estimated to be 40 days from the job posting date; however, this may be shortened or extended depending on business needs and the availability of qualified candidates. Job Posting date: June 10th, 2026   

About UsHoneywell 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.

Skills Required

  • 6-8 years of experience in commercial finance, plant financials, or related roles
  • Strong expertise in SAP S/4HANA financial modules, particularly product costing and revenue margin
  • Proficiency in SAP FICO, CO-PA, CO-PC and S/4HANA
  • Experience with Material Ledger and Actual Costing
  • Experience designing standard costing models (CK11N, CK40N) and cost component structures
  • Proven leadership and team management skills
  • Excellent analytical and problem-solving abilities
  • Ability to communicate complex financial information clearly and effectively
  • Bachelor's degree in Finance, Accounting, MBA or related field
  • Strong teamwork, collaboration, and continuous improvement mindset

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.

  • 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.
  • 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.
  • 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.

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The Company
HQ: Charlotte, NC
110,269 Employees
Year Founded: 1906

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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