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.
Education and Certifications
- CA/ICWA or CA Inter/ICWA Inter or MBA Finance and bachelor’s in finance/Accounting
Required Experiences
- 8+ for CA/ICWA or 10 to 12 + years’ experience for Finance or Accounts graduate.
Knowledge and Skills
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
Behaviors/Attributes (8 Honeywell or COO Mindset)
- Be a Zealot for Growth
- Be Courageous with Go Beyond Attitude
- Think Big…Then Make It Happen
