What are the responsibilities and job description for the Internal Controls Manager position at honeywell2-pilot?
The future is what you make it. When you join Honeywell, you become a member of our global team of thinkers, innovators, dreamers and doers who make the things that make the future. That means changing the way we fly, fueling jets in an eco-friendly way, keeping buildings smart and safe and even making it possible to breathe on Mars. Working at Honeywell isn’t just about developing cool things. That’s why all of our employees enjoy access to dynamic career opportunities across different fields and industries. Are you ready to help us make the future?
This position reports directly to the SPS Controller. The position will be responsible for evaluating and refining SPS’s internal controls framework, performing internal control procedures, performing top-down SOX risk assessment, assess the design of overall controls framework, managing remediation of control deficiencies, and conducting risk-based balance sheet reviews (BSR) across SPS entities. The position will partner with business finance to improve financial reporting processes that support its strategic initiatives. Additionally, position will develop and maintain SPS internal control dashboard, support quarterly controls procedures and documentation and participate in special projects which may include process reviews, analytics, acquisition due diligence, integration and divestiture projects.
Key Responsibilities, Deliverables & Expectations:
- Design or improve processes to provide business finance leaders with better visibility into financial data trends, risks and other analytical insights for their respective businesses.
- Plan and perform risk-based balance sheet reviews as part of quarterly close of complex, judgment-based items and drive the SPS BSR process to ensure US GAAP and Corporate BSR Policy compliance.
- Responsible for internal control framework risk assessment and refinement of key control activities and processes, monitoring and testing of internal controls. Coordination of quarterly updates with Honeywell Corporate on review of key control matrix.
- Support continued execution of the controllership transformation model; champion initiatives related to process standardization, automation and internal control process improvements. This includes providing support in the automation of internal control processes (RPA), monitoring control performance and performing / developing data analytic tools.
- Internal audit interface, aid on SPS site audits and support closure of internal audit findings; other audit related metrics in coordination with corporate audit.
- Centralized review of SPS control deficiencies, tracking progress to completion and effective communication to SPS leadership.
- Focused periodic reviews of key account reconciliations, monthly coordination and compilation of account reconciliation scorecard and assessment of e-Rec ratings.
- Interface with external auditors for procedures performed
- Oversee integration of controls and processes for newly acquired businesses.
- Support selected special projects, including strategic initiatives and implementation of new accounting standards.
- Quarterly coordination of SPS Rep Letters and Management Certifications and ensure that Corporate Policies are communicated, including any changes/updates.
Key Success Factors:
- Ability to work in a matrix organization structure.
- Ability to understand accounting and financial processes related to manufacturing operations and to develop working relationships with all involved.
- Ability to manage and drive change across functional lines.
