What are the responsibilities and job description for the Sr. Manager, Corporate Reporting & Accounting 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 Sr. Manager, Corporate Reporting & Accounting, you will hold a critical leadership position within the organization. You will be responsible for overseeing and managing the corporate accounting function, ensuring accurate financial reporting of corporate ledgers, developing and implementing accounting policies and procedures, and providing strategic financial guidance to the organization.
You will report directly to the Assistant Controller and you’ll work out of our
Morris Plains, NJ location on a hybrid work
schedule.
In this role, you will impact the financial success of the organization by
ensuring accurate and timely financial reporting of corporate ledgers. You will
ensure compliance with accounting standards and regulatory requirements.
Additionally, you will provide strategic financial guidance to the
organization, analyze financial data, identify trends, and provide insights to
improve financial performance. You will collaborate with cross-functional teams
to support business initiatives and provide financial expertise.
KEY RESPONSIBILITIES:
- Lead an accounting team to execute all Corporate accounting processes and activities to ensure compliance with U.S. GAAP, internal policies and external audits
- Lead the team in day-to-day accounting and month-end close activities, reporting and account analysis for the Corporate segment including – foreign exchange hedging, legal liabilities, environmental liabilities, asbestos liabilities, stock compensation and pension/OPEB
- Preparation and review of schedules used in the quarterly and annual 10-Q and 10-K financial statements and footnotes
- Maintain a strong internal control environment, updating the design and scope of controls as the business evolves to maintain the integrity of financial reporting
- Respond to audit requests and inquiries supporting quarterly and annual financial statements as well as SOX and compliance testing
- Assist in implementation of new procedures and systems in response to new US GAAP pronouncements and corporate policy changes
- Partner with BAP, Technical Accounting, Finance System and other cross-functional teams to develop, support, and improve the systems, policies, and procedures necessary to drive efficiency and provide meaningful financial data
- Identify, design and implement improvements with respect to business processes and financial reporting
- Provide strategic financial guidance to the organization, analyzing financial data and providing insights to improve financial performance
- Lead and mentor a team of accounting professionals, fostering a collaborative and high-performing work environment
- Stay updated with changes in accounting regulations and industry best practices
- Provide financial analysis and recommendations to senior leadership
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.