Honeywell Logo

Honeywell

Sr Finance Manager

Posted 2 Hours Ago
Be an Early Applicant
In-Office or Remote
Hiring Remotely in India
Senior level
In-Office or Remote
Hiring Remotely in India
Senior level
Lead global S/4HANA finance transformation focused on product costing, material ledger, and margin analysis. Standardize costing templates, implement actual costing, migrate to account-based CO‑PA, integrate finance with PP/MM/SD, build executive dashboards, drive cost optimization, governance, and change management to improve margin visibility and financial controls.
The summary above was generated by AI

As a Senior Finance Manager with deep expertise in SAP S/4HANA Product Costing, Material Ledger, and Margin Analysis, to drive real-time profitability insights, global standardization, and multimillion-dollar cost optimization initiatives. 

You will report directly to our leadership team, and you’ll work out of our Charlotte location on a hybrid work schedule. 

In this role, you will impact the financial performance of the company by leveraging SAP S4HANA capabilities to deliver insightful financial analysis, develop cost control measures, and optimize revenue streams while ensuring compliance with financial policies and regulations. 

Responsibilities

KEY RESPONSIBILITIES 

  1. Lead end-to-end S/4HANA Finance transformation for a global manufacturing company, enabling real-time margin visibility across multiple business units and revenue portfolios 
  • Direct cross-functional teams (Finance, Supply Chain, Commercial, IT) to design and deploy Product Costing + Margin Analysis architecture, reducing reporting latency and improving profitability visibility. 
  • Own/manage global template design for costing and profitability, standardizing processes globally. 

2. Product Costing (CO-PC + Material Ledger) 

  • Implement Material Ledger with Actual Costing, delivering multi-level variance transparency and improving cost accuracy  
  • Design and optimize standard costing models (CK11N, CK40N) incorporating BOM, routing, and overhead structures 
  • Lead cost component structure redesign, improving visibility into direct vs indirect cost drivers for executive decision-making 
  • Enable reduced production cost variances through enhanced variance analysis and root cause analytics 

3. Revenue & Margin Analysis (S/4HANA CO-PA) 

  • Lead migration from costing-based CO-PA to account-based Margin Analysis, enabling real-time profitability reporting in ACDOCA 
  • Designed profitability frameworks across product, customer, and channel dimensions, improving margin insights for pricing strategies 
  • Partner with leadership to identify margin leakage drivers, resulting in gross margin improvement 
  • Architect CO-PA derivation logic and value flows aligning revenue with cost-of-goods sold in real time 

4. Integration Excellence (End-to-End Value Chain) 

  • Orchestrate seamless integration between PP, MM, SD, and FI, ensuring accurate cost and revenue flow across the value chain 
  • Align pricing procedures (SD) with cost structures, enabling better contribution margin analysis 
  • Implemented event-based WIP and variance postings in S/4, improving financial close accuracy and reducing reconciliation issues 

5. Analytics & Decision Support 

  • Build executive dashboards using SAP Fiori and EDW enabling leadership to track gross margin, cost variances, and profitability drivers in real time 
  • Enabled self-service analytics for finance and operations teams, reducing manual reporting effort  

 6. Business Impact & Strategic Initiatives 

  • Lead cost optimization reporting initiatives that optimize manufacturing costs through better costing insights 
  • Define transfer pricing and intercompany margin models, ensuring compliance while improving internal profitability transparency 

7. Governance & Controls 

  • Establish governance framework for standard costing, margin analysis, and periodic costing runs, ensuring audit compliance 
  • Improve FI-CO reconciliation accuracy through universal journal alignment (ACDOCA) 

 8. Transformation & Change Management 

  • Deliver ECC → S/4 migration program, including Material Ledger activation and CO-PA transformation 
  • Champion fit-to-standard approach, reduce customization footprint by and accelerating implementation timelines 
  • Lead business adoption initiatives, to achieve user adoption of new margin and costing analytics tools 
Qualifications

YOU MUST HAVE 

  • Minimum of 6-8 years of experience in commercial finance, plant financials or related roles 
  • Strong expertise in SAP S4HANA financial modules, particularly in product costing and revenue margin 
  • Proven leadership and team management skills 
  • Excellent analytical and problem-solving abilities 
  • Proficiency in financial analysis, SAP FICO, CO-PA, CO-PC and S4HANA 
  • Ability to communicate complex financial information clearly and effectively 

WE VALUE 

  • Bachelor’s degree in Finance, Accounting, MBA or a related field 
  • Dynamic and self-motivated individuals 
  • Strong teamwork and collaboration skills 
  • Innovative and eager to learn mindset 
  • Passion for continuous improvement and business growth +

The annual base salary range for this position in Chicago, IL is <$143,000 - $179,000>. Please note that this salary information serves as a general guideline. Honeywell considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations. 

In addition to a competitive salary, leading-edge work, and developing solutions side-by-side with dedicated experts in their fields, Honeywell employees are eligible for a comprehensive benefits package. This package includes employer subsidized Medical, Dental, Vision, and Life Insurance; Short-Term and Long-Term Disability; 401(k) match, Flexible Spending Accounts, Health Savings Accounts, EAP, and Educational Assistance; Parental Leave, Paid Time Off (for vacation, personal business, sick time, and parental leave), and 12 Paid Holidays. For more information visit: Benefits at Honeywell 

The application period for the job is estimated to be 40 days from the job posting date; however, this may be shortened or extended depending on business needs and the availability of qualified candidates. Job Posting date: June 10th, 2026   

About UsHoneywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.

Similar Jobs

2 Days Ago
In-Office or Remote
India
Senior level
Senior level
Fintech
Manage and monitor a portfolio of project, infrastructure, energy, and syndicated loans. Perform ongoing credit analysis and reviews, identify emerging risks, monitor problem loans and maturities, coordinate renewals and stakeholder communications, ensure regulatory and policy compliance, and support structured finance and aviation credits as needed.
Top Skills: ExcelFinancial ModelingMS Office
8 Days Ago
In-Office or Remote
India
Senior level
Senior level
Aerospace • Security • Energy • Industrial
The Senior Finance Manager will lead finance operations, cost management, budgeting, forecasting, and reporting, while driving strategic decisions and process improvements.
Top Skills: AlteryxBiEssbaseHana/BwHyperionOracleSAP
12 Days Ago
In-Office or Remote
India
Senior level
Senior level
Food • Logistics
Lead Finance Operations teams across AP, AR, and RTR, ensuring compliance, operational excellence, and stakeholder management while driving continuous improvement initiatives.
Top Skills: GaapIfrsLeanSix Sigma

What you need to know about the Delhi Tech Scene

Delhi, India's capital city, is a place where tradition and progress co-exist. While Old Delhi is known for its rich history and bustling markets, New Delhi is defined by its modern architecture. It's clear the region places a strong emphasis on preserving its cultural heritage while embracing technological advancements, particularly in artificial intelligence, which plays a central role in shaping the city's tech landscape, fueled by investments in research and development.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account