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 explicit standard bank open line items.
Exposure to controls compliance for Sarbanes-Oxley, Process re-engineering & Automation.
Qualifications
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 setting experience with good communication skills
Solid 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