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Sr Controllership Manager

at Honeywell in Des Plaines, Illinois, United States

Job Description

Sr Controllership Manager

Sr Controllership Manager for Honeywell International, Inc. in Des Plaines, IL

Responsibilities:

Ensure compliance with corporate accounting policies, U.S. GAAP and statutory requirements with respect to customer contracts, business proposals and ongoing customer engagement.

Research technical accounting guidance for business-specific scenario analysis and prepare white papers.

Collaborate with UOP leadership and Finance teams on structuring and interpreting key contract provisions for appropriate accounting treatment.

Provide guidance to business teams with respect to joint venture structures, related accounting, and reporting matters.

Participate in merger and acquisition diligence and integration activities.

Assist with monthly/quarterly close process, review journal entries with finance teams and accountants.

Review unbilled receivables, advances, and other aspects of long-term contract accounting.

Provide Schedule of Executive Authority (SEA) guidance for bids and proposals, purchase commitments, service arrangements, etc.

Ensure internal controls are designed and operating effectively, identify deficiencies, develop corrective action plans, and continue monitoring for timely remediation and closure.

Balance Sheet Reviews, internal and external audit support.

Review significant transactions with external auditors and address questions / observations.

Support quarterly reporting requirements, including disclosure schedules and miscellaneous accounting matters.

ADDITIONAL INFORMATION:

-Location: Des Plaines, IL

-40 hours/week

-Employee Referral Fee: $1500

-If offered employment must have legal right to work in U.S. EOE.

YOU MUST HAVE:

Qualified candidates will possess a Bachelor’s degree in Accounting, Finance or a related field, and eight (8) years of direct accounting and financial analysis experience in progressively responsible roles. Full term of experience must include: oversight responsibilities for accounting and financial analysis; technical accounting knowledge and research skills in U.S. GAAP, related to revenue recognition (ASC 606), including gross-to-net assessment, evaluating performance obligations and estimating stand-alone selling price; performing contract reviews including modification, renewal options, post-contract customer support and termination clauses; accounting experience for joint ventures and related consolidation evaluation; experience with SOX 404, including assessing internal control framework, evaluating effectiveness of controls, and remediating control deficiencies; proficiency in accounting for business combinations (ASC 805) including reviewing opening balance sheet, projected financial information, fair value measurement and consideration transferred; ability to work cross-functionally and develop strong working relationships across organizational and functional boundaries to obtain all relevant facts, understand the business requirements, identify the accounting requirements and communicate the conclusions reached; understanding of the financial statement close process, including journal entry review and account reconciliation and ability to play a key role in developing and implementing new financial process improvements; and experience leading and coaching junior team members. Must be a licensed CPA. Up to 10% international and domestic travel required. Telecommuting permitted up to two (2) times per week.

Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.

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Job Posting: JC263470353

Posted On: Aug 01, 2024

Updated On: Sep 09, 2024

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