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Honeywell Sr. Finance Analyst 
India 
754138366

18.12.2024
JOB DESCRIPTION

Key Responsibilities:

  • Develop financial plans and estimates for direct material productivity, including negotiation, component engineering, rebates, and value engineering.
  • Prepare variance analysis against AOP and the previous year's performance, explaining elements such as volume/mix, operations, inflation, and productivity.
  • Deep dive into purchase price variance (PPV) and prepare reports to support strategic decision-making.
  • Drive analytics and transformation in the sourcing area to enable informed decision-making.
  • Report, review, and validate direct material spending and savings with Sourcing, Engineering, and Process Excellence teams.
  • Oversee VE (Value Engineering) and CE (Component Engineering) projects, including vetting project pipeline and actuals, reporting, and variance analysis to leadership.
  • Lead the Annual Sourcing Baseline Setting Process, which is crucial for reporting savings
  • Ensure productivity compliance in line with DM productivity policy.
  • Create new standard reports and analytics leveraging Tableau / Power BI.

What We're Looking For:

  • 10+ years in finance, with a background in procurement or supply chain management.
  • Education: Cost Accountant, Master’s Degree, or bachelor’s degree in finance or accounting.
  • Preferred: Strong Knowledge of direct material procurement, excellent communication and interpersonal skills, and the ability to work effectively in a cross-functional team environment.
  • Skills: Strong analytical skills, experience in the Procurement Domain, and proficiency in tools like Tableau, SQL, CXO Cockpit, Power BI, and ERP systems (SAP, Oracle, Essbase, HANA/BW, Hyperion).


Valued Skills:

  • Exposure to direct material procurement.
  • Strong communication and interpersonal skills.
  • Ability to work effectively in a cross-functional team environment.
Additional Information
  • JOB ID: HRD247905
  • Category: Finance
  • Location: Devarabisanahalli Village, KR Varturhobli,,East Taluk - Phase I,Bangalore,KARNATAKA,560103,India
  • Exempt