The Future Is What We Make It.
When you join Honeywell, you become a member of our Global team of
thinkers, innovators, dreamers and doers who make the things that make the
future.
By changing the way we fly, fueling jets in an eco-friendly way, keeping
buildings smart and safe and even making it possible to breathe on Mars.
Make the Best You.
Working at Honeywell is not just about developing cool things. All
our employees enjoy access to dynamic career opportunities across different
fields and industries.
Join us and Make an Impact.
The Purpose of the Role
The Operation Working Capital Projects (NON – FINANCIAL) is responsible for overseeing and managing the financial aspects of project delivery with a specific focus on optimizing working capital. This role bridges the gap between project management and finance, ensuring that non-finance team members (e.g., project managers, operations) actively contribute to improving cash flow, budgeting, and the financial health of projects. The WCP works closely with project teams to ensure that cash flow is managed efficiently throughout the project lifecycle, from awarding to final delivery.
Key Responsibilities:
• Project
Cash Flow Planning:
• Collaborate
with project teams to ensure that project plans incorporate clear cash flow
timelines.
• Help
team members matching project milestones with payments from clients and
payments to suppliers.
• Develop
tools and templates to track financial health in a non-technical way, focusing
on key cash flow indicators.
• Accounts
Receivable (AR) for Projects:
• Work
with project managers to track project-specific receivables, ensuring timely
invoicing and payments from clients.
• Simplify
the reporting of overdue payments or potential delays in receiving funds and enhance
their impact on project budgets.
• Assist
in negotiating client payment terms that align with project schedules, reducing
the financial burden on the team.
• Accounts
Payable (AP) for Projects:
• Guide
non-finance project teams on managing supplier payments efficiently, ensuring
that payments are timed to match cash inflows from clients.
• Help
project managers in accelerating payments, both project execution and working
capital.
• Collaborate
with procurement teams in a way that positively impacts cash flow without
disrupting the project.
• Budgeting
and Financial Forecasting:
• Support
project managers in creating realistic budgets and financial forecasts by
simplifying financial inputs and outputs.
• Help
non-finance teams anticipate the financial impact of project delays, scope
changes, or client variations in a clear and actionable manner.
• Provide
financial insights in a way that aids decision-making, ensuring the team is
aligned with both project goals and financial targets.
• Risk
and Contingency Planning:
• Identify
potential financial risks, such as delays in client payments or increased
project costs, and how these risks could impact the project’s working capital.
• Work
with project teams to develop contingency plans that address potential working
capital shortages or budget overruns, ensuring the project remains financially
viable.
• Collaboration
Across Teams:
• Act
as the primary point of contact between project management and finance teams,
facilitating clear communication and understanding of financial priorities.
• Help
non-financial stakeholders align their operational decisions with the company’s
broader financial strategy by offering practical, easy-to-follow advice.
• Collaborate
with contract management and legal teams to ensure that working capital
considerations are integrated into project contracts, including negotiating
favorable billing terms.
• Bachelor’s
degree in Business, Project Management, or related field (experience in finance
or basic financial training is a plus but not required).
• 5+
years of experience managing complex projects with a focus on budgets, cash
flow, or financial oversight.
• Familiarity
with project management tools and ability to incorporate financial insights
into project planning.
• Strong
interpersonal skills, with the ability to explain financial concepts in a
simple, non-technical way.
• Experience
collaborating with cross-functional teams, especially in procurement,
operations, and legal.
• Problem-solving
skills with a focus on practical, project-specific solutions.
• Financial
Acumen (non-technical)
• Project
Budgeting and Forecasting
• Simplifying
Complex Financial Information
• Communication
and Collaboration
• Risk
Management
• Problem
Solving and Contingency Planning
• Negotiation
and Vendor Management
Work Environment:
• Primarily
office-based with regular interactions with project teams and finance
departments. Occasional travel to project sites or client meetings may be
required.
If this is your dream role, then we'd love to hear from you.
We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.