What are the responsibilities and job description for the Senior Manager - Project Accounting position at honeywell2-pilot?
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The Global Controller - Project Accounting position is responsible for all aspects of accounting for projects & services in Honeywell Building Solutions (HBS) within the Honeywell Building Technology (HBT) business segment and ensures consistent application of U.S. GAAP guidance and Honeywell accounting policies. The position is also responsible for maintaining an environment of strong internal controls and high standards of accounting compliance. The position is the primary owner of U.S. GAAP accounting reviews of customer contracts and works very closely with finance and business leadership to achieve this objective. The individual is a key member of the HBT controllership team and an important partner to the regional & global business and finance leaders.
Key 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 HBS 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
· Manage a team of 2 employees, train and develop for growth, provide training to broader finance teams
· Support quarterly reporting requirements, including disclosure schedules and miscellaneous accounting matters
· Assist Controllership and finance organizations with special projects