| InterCo | - Responsible for supporting Honeywell SBG Specific Intercompany activities
- Need end to end understanding of Intercompany cycle/workstreams, including Intercompany Accounting, Intercompany Reporting, FX Hedging, IC Settlements & Policy Compliance
- Month end reconciliation for accurate month end reporting.
- Ensure Inter Co accounts are analyzed for aged imbalances and action plan being timely documented and makes sure account reconciliations are delivered with quality.
- Identify and resolve month-end close issues and material differences.
- Cleanse IC master data for obsolete trading partners.
- Work on resolving out of balances, and ensure entities line up to IC policy and procedures.
- Analysis of the IC GL accounts on a periodical basis, including policy enforcement.
- Ensure Interco practices are compliant to locations supported
- Manage Intra-company and resolution of Equity reporting for cross company transactions for multi-SBG entities.
- Manage and propose appropriate corrections to GRIR account working alongside controllers and procurement.
- Be the focal point to co-ordinate Corp recharges, including coding and recording
- Monitor Interco queues; act as tier 2/3 resolution/coordinator
- Ensure month-end discrepancies are resolved and closed out within the set timelines.
- Focus on relevant metrics and develop action plans based on metric outcome.
- Reduce exceptions through root cause analysis and implementation of solutions.
- Build effective working relationships with business contacts.
- Act as Subject matter expertise (SME) and help drive process re-engineering & transformation efforts.
- Work closely with key stakeholders like controllers, CFLs/RFLs, and other SBG Inter Co. contacts
- Reduce exceptions through root cause analysis and enforce standardization, unless inevitable due to local legal compliances.
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