Honeywell Technology Solutions Hiring "Audit Associate" for B.Com, ICWA, M.Com, MBA/PGDM graduates, Freshers, Bangalore - Jan'13

Job Posted On: 31^st Jan’13

Company Name : Honeywell Technology Solutions

Company Profile : 

Honeywell Technology Solutions (HTS) is an integral arm of Honeywell, one of the world’s premier global and progressive companies. As Honeywell’s key regional arm of excellence, HTS provides technology, product and business solutions meeting global standards of quality, innovation and lifetime performance.

With over 6000 employees, HTS has operations in Bangalore, Madurai & Hyderabad, India; Shanghai & Beijing, China and Brno, Czech Republic.

Job Title: Audit Associate

Experience : 0 – 2 Years

Qualification : CA/ICWA (Inter) or CFA or M.Com / MBA (finance) with Audit experience in IP

Location : Bengaluru/Bangalore

  

Last date to Apply: Apply ASAP

Job Profile :

 Auditing function:

• 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.

This could include:

• Contacting the business to ensure that the licensee is purchasing the required goods.
• Validating the patent to ensure it is active Etc.
• Back up to the LMS and accounting functions

How to apply : CLICK HERE TO APPLY