Job Description
The Sr Finance Analyst position at HTS, Bangalore, To Provide business forecasting analysis in decision-making in all matters operational, financial, and strategic. A strong candidate combines a strong analytical mindset with technical ability, will be responsible for providing key financial support to SBGs/GBEs & management to improve the operational and financial performance, identifying areas of improvement, establishing corrective actions and driving continuous improvement in financial performance. The role is supported by a larger finance organization across HTS and working closely with Honeywell Corporate Functions, so building relationships and influencing skills will be critical behaviors for the successful candidate.
Responsibilities
Key Responsibilities:
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Financial Analysis:
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Conduct comprehensive financial analysis, including variance analysis, trend analysis, and scenario modeling.
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Develop and maintain financial models to support strategic decision-making processes.
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Analyze financial performance, identify risks and opportunities, and provide actionable insights to senior management.
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Budgeting and Forecasting:
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Assist in the preparation of annual budgets and quarterly forecasts.
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Monitor actual performance against budgets, investigate variances, and recommend corrective actions.
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Collaborate with department heads to gather and consolidate budget inputs.
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Reporting:
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Prepare financial reports, dashboards, and presentations for executive management and stakeholders.
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Ensure the accuracy and integrity of financial data presented to management.
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Liaise with external auditors and tax advisors as necessary.
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Strategic Planning:
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Support strategic planning initiatives through financial analysis and modeling.
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Participate in business case evaluations for new product launches and capital investments.
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Monitor economic and market trends to support strategic decision-making.
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Compliance and Control:
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Ensure compliance with company policies and relevant financial regulations.
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Implement financial controls to safeguard company resources and mitigate risks.
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Participate in continuous improvement initiatives to enhance departmental processes.
Qualifications
Qualifications:
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CA/CMA/MBA Finance or equivalent qualification.
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7+ years work experience in an accounting /finance position supporting R&D
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Proficiency in usage of SAP / Essbase & Visualization applications are preferred
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Ability to work independently, exercise appropriate discretion and apply sound judgment with minimal direct supervision.
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Demonstrate leadership skills, ability to develop strong partnerships and a collaborative, teaming environment within and across functional organizations, ability to build credibility with colleagues by providing consistently sound financial support and guidance to positively influence business results.
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Strong analytical skills, ability to think strategically and influence business decisions using appropriate, fact-based financial information.
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Excellent time management and organizational skills.
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Strong inter-personal communication skills, written and verbal communication skills.
About Us
Honeywell 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.