Honeywell India | Sr Controllership Analyst

Key responsibilities

• The Banking & Treasury professional will be responsible for managing the company’s banking relationships, daily liquidity, cash flow forecasting, Banking & treasury operations, trade finance and financial risk controls.
• The role supports efficient fund management, timely payment processes, foreign exchange exposure management, debt and working capital coordination, and compliance with internal policies and applicable regulatory requirements.
• This position requires close collaboration with business finance, controllership, Shared service centre, tax, legal, and external banking partners to ensure smooth treasury execution in a multinational and listed-company environment.
• Manage daily treasury operations including cash positioning, bank balances, fund management, payment planning, Fixed deposits placement (incl renewals) and liquidity monitoring.
• Prepare short-term and long-term cash flow forecasts and support working capital optimization initiatives.
• Maintain and strengthen relationships with domestic and international banks, financial institutions, and other treasury service providers.
• Coordinate banking documentation, account opening/closure, KYC updates, mandates, authorized signatories, certain filings like UFCE, Annexure I, OPI etc.
• Monitor utilization of credit facilities, non-fund based limits, bank guarantees, letters of credit, and short-term borrowing lines.
• Support foreign exchange operations, hedging execution, and exposure tracking in line with approved treasury policies.
• Ensure timely execution of treasury transactions and accurate accounting interface with finance and controllership teams.
• Ensure monthly bank reconciliation statements for all banking relations e.g. current account, deposits, hedges, bank guarantees, LC etc.
• Drive FEMA compliances on w.r.t. EDPMS, IDPMS and MTT records, timely filing of closure.
• Prepare treasury MIS, dashboards, and management reports covering cash, deposits, borrowings, investments, bank charges, and FX exposures.
• Drive process improvement, automation, and standardization across banking and treasury activities, including ERP/TMS utilization.
• Support internal and external audits by providing treasury schedules, reconciliations, confirmations, and policy documentation.
• Ensure compliance with internal controls, corporate governance requirements, and applicable regulatory frameworks such as FEMA, RBI, Companies Act, SEBI listing obligations, and other relevant statutory guidelines.
• Partner with tax, legal, secretarial, and business finance teams for cross-border transactions, dividend/remittance matters, and treasury-related compliance.
• Review bank fees, optimize banking structures, and identify opportunities for cost savings and improved treasury efficiency.
• Partner /support in-country business teams for driving issuances and closures of bank guarantees/ letter of credits timely.
• Drive reduction of open-ended bank guarantees through addressing customer needs and leveraging global banking relations.
• Support/lead working capital financing initiatives as necessary (e.
• Process improvement and automation mindset

Requirements

• 5–7 years of relevant experience in banking, corporate treasury, cash management, or finance operations, preferably in a multinational and/or listed company environment.
• Strong understanding of cash flow management, banking products, trade finance instruments, FX operations, and treasury controls.
• Exposure to working capital financing, and banking negotiations will be an advantage.
• Hands-on experience with ERP systems such as SAP and advanced Microsoft Excel skills.
• Knowledge of treasury management systems and digital banking platforms preferred.
• Foreign exchange and hedging exposure management.
• Working capital and debt monitoring.
• Strong analytical and problem-solving skills.
• Excellent stakeholder management and communication skills.
• Ability to work in a fast-paced, cross-functional, multinational environment.
• Strong compliance record with minimal control exceptions.
• Effective management of liquidity, FX exposure, and borrowing utilization.

Honeywell India

Honeywell India is an employer hiring in India. In its own words: "Honeywell Technologies leads the shift from automation to autonomy, delivering mission-critical solutions and software that drive productivity and growth."

Its finance, accounts, audit and tax openings in India are mostly in Bengaluru.