What are the responsibilities and job description for the Manager, External Reporting position at honeywell?
This position is intended to
convey to the new, independent company, to be named Solstice Advanced Materials
when the separation occurs. This is expected to occur in late 2025 or
early 2026.
At Advanced Materials, we are
committed to offering the highest value-add specialty solutions in the advanced
materials sector. Our goal is to solve our customers' most complex challenges
through a robust and innovative product portfolio and by doing so, deliver
exceptional value to our stakeholders. We have identified actionable strategies
to grow by expanding into new products and markets and through strategic
acquisitions, while keeping our top operating margins.
Joining our team means becoming
part of an organization which leverages its long-standing reputation to capture
growth trends by investing in innovation and manufacturing enhancements and
maintaining deep customer relationships.
We foster a collaborative and
inclusive work environment that values contributions and supports professional
development. With a focus on innovation and sustainability, the team is
dedicated to delivering value and making a meaningful impact in advancing our
customers' success. Let’s make that impact together.
Honeywell is hiring a Manager, External Reporting. This person will play a crucial role in managing and overseeing the preparation, analysis, and reporting of Honeywell’s financial results to external stakeholders. You will ensure compliance with accounting policies, procedures, and regulations, and guide the monthly, quarterly, and annual financial close processes. Your expertise in financial thoughtfulness and insights will facilitate business decision-making, and you will provide guidance and facilitate to cross-functional teams.
You will report directly to our External Reporting
and Accounting Policy Director, and you’ll work out of our Morris Plains, NJ location on a Hybrid work schedule.
The Manager, External Reporting is a contributing team member in the Corporate
Controller’s organization. This role provides an opportunity to gain broad
exposure through interaction with various Corporate Functions, as well as each
of the Strategic Business Groups (SBGs). In this role you will leverage your
knowledge of U.S. GAAP accounting and SEC reporting requirements in working on
external financial reporting and various technical accounting matters. This
role will consult with corporate functions and SBG leadership by leading
discussions or providing consultation on various SEC and technical accounting
matters.
KEY RESPONSIBILITIES:
- Independently complete areas of the Form 10-Q and 10-K filings, including various consolidated financial statements and footnote disclosures.
- Review data submitted by corporate functions and Strategic Business Groups (SBGs) for reasonableness, performing independent analytical analysis, and proactively identifying inconsistencies and leading follow-up discussions.
- Monitor and research new GAAP and SEC pronouncements, perform assessments of their impact and assist in the implementation of new accounting pronouncements in the financial reporting process.
- Assess comparability of Honeywell’s SEC filings by performing reviews of peer filings, particularly in support of new business transactions or changes in guidance.
- Work cross-functionally with other departments, including Business Analysis & Planning, Investor Relations, Treasury and Legal.
- Implement process improvement initiatives, including driving the automation of reporting processes to enhance efficiency and accuracy, to streamline the external reporting process and provide timely and accurate information.
- Work collaboratively with external auditors, responding to interim review and year-end audit requests.
- Support Investor Relations in the preparation for quarterly press releases and annual outlook presentation by ensuring accurate, consistent, and transparent disclosures.
- Assist with special projects, as assigned.
- Support the completion of monthly and quarterly consolidation, including processing eliminating and top-side entries
- Assist with maintenance of reporting structure and statistical measurement accounts.
In October, 2024 Honeywell announced the spin-off of our Advanced Materials business to become a stand-alone publicly traded company, independent of Honeywell. Our intention is that this role, dedicated to the Advanced Materials business, will be a part of this future transaction when the separation occurs.