Honey Well Hiring Freshers as Accountants in Bangalore | January 2013 | Jobs In Bangalore

Honey Well Hiring Freshers as Accountants in Bangalore | January 2013 | Jobs In Bangalore

Company Name: Honey Well

Company Profile:Honeywell is a Fortune 100 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 132,000 employees worldwide, including more than 19,000 engineers and scientists, we have an unrelenting focus on quality, delivery, value, and technology in everything we make and do.

Company Website: www.honeywell.com

Designation: Accounts Executive/Accountant

Experience: 0 - 2 Years

Qualification:  B.Com/B.A/CA/MBA/M.Com//PGDM

Location:  Bangalore

Salary: As Per Industry


Job Details:-

• Royalty reports
• Verify royalty reports are submitted on a timely basis
• Issuance of letter for late submissions
• Ensure information submitted is accurate and fully supported
• Validate and recalculate information on royalty report submission
• Place royalty report and supporting documentation onto docushare drive
• Desk audits (function will report to HIPI audit lead)
• Perform desk audits on contracts
• Based upon a selected period the following steps will be performed :Obtain an understanding of the contractual obligations of the agreement
• Validate all royalty reports have been received
• Validate all payments have been received on a timely manner
•  Schedule a conference call with licensee finance team to discuss
•  Process for identifying information to be used in the calculation of the  royalty report
• Specific names of documents used to support documentation
• In summary, gather  enough information to create a high level process flow and validate with licensee
• Once process flow is complete, validate the accuracy of the process flow to the  royalty reports and ensure the information can be traced to supporting documentation
• Document findings in a summary.
• Determine penalties and calculate interest
• Validate required supporting documentation has been received on the contract and  it is current (i.e. insurance requirements, dos agreements, etc.).
• Review contractual  requirements and assess whether further testing or review will be required.