Eaton’s Vehicle Group, Royal Power Solutions business is currently seeking a Senior Financial Analyst to join our team at the Carol Stream, IL manufacturing facility. Relocation assistance and hybrid working schedule benefits are available for this position.

We make the electric revolution work. Every day, we work to improve people’s lives and the environment by making power management technologies that are more reliable, efficient, safe and sustainable.

Preparing for the electrified future of mobility takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each and every day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours.

Our team is collaborating with companies to innovate the transportation technologies of the future, creating efficient vehicles that travel faster, farther, higher and safer at a lower overall cost to the consumer and the environment.

Position Overview:

The Senior Financial Analyst is responsible for providing financial examination and support to plant management while ensuring the integrity of financial reporting within the guidelines of GAAP, Sarbanes Oxley, Eaton financial policies, procedures, and applicable tax codes. Key responsibilities include analysis of systems and review of plant costing and accounting activities, providing recommendations and performing actions to ensure efficiency in both the manufacturing and the administration areas. The Senior Financial Analyst is a key member of the Accounting department and reports to the Plant Controller.

Essential Functions:

• Support in month end financial closings, preparing journal entries, variance analysis and financial reporting
• Assist with the preparation of monthly forecasts, annual profit plan, strategic plan, operating reviews and reporting of financial data and analysis
• Research, compile and analyze financial data; present summarized results and recommendations to management. Review and evaluate financial results for accuracy, consistency, and transparency. Maintain integrity of financial results
• Prepare monthly balance sheet reconciliations in alignment with GAAP, SOX and Corporate Financial Policies
• Prepare special projects and operational reports for presentation to plant and/or division management as well as work to design, develop, and execute improved financial processes
• Assist in resolving accounting problems related to the plant and complying with corporate requirements
• Provide guidance and education as needed to plant personnel on financial objectives and means of achievement
• Monitor, maintain, and report all plant cost out project results
• Lead capital project accounting for plant including budgeting, recognition of expense, and tracking and closing projects as needed
• Create complex, global, multi-project CARS to obtain senior management approval for capital spend. All costs pertaining to purchases, services, internal resources, and external consultant work are evaluated based on prescribed accounting rules to determine the appropriate classification
• Provide support and training to US and international finance and project managers on the monthly accounting, forecasting, and reporting for capital projects to ensure that these responsibilities are properly handled from start to finish
• Analyze project and program costs and compare them to the approved budget to determine how projects are trending
• Host meetings with local finance personnel and project managers to understand the extent of progress made and supporting the monthly accruals for capital and expense
• Perform monthly reconciliations and monitoring the construction-in-progress accounts for the US Corporate ledger to minimize variances between Plex ERP and Oracle modules

Qualifications

Required (Basic) Qualifications:

• Bachelor’s Degree in Accounting, Finance or Business from an accredited institution
• 3+ years of experience in financial planning, analysis and/or performance reporting
• Must be legally authorized to work in the United States without company sponsorship both now and in the future

Preferred Qualifications:

• Strong understanding of SOX/US GAAP
• Experience in a plant/manufacturing environment
• Knowledge of financial analysis, ledger accounting, standard costs and business management processes
• Strong knowledge in the creation of project budgets, the accounting close and forecast processes
• Broad knowledge of key operational systems including sales inventory operations planning (SIOP), materials planning systems (MRP), enterprise resource planning (ERP) and quality systems with diverse experience managing varied and complex manufacturing processes
• Intermediate to expert level proficiency in Microsoft Excel and Office
• Bilingual skills in Spanish

• Plex and Oracle ERP System experience

Position Success Criteria:

• Ability to analyze and interpret financial and operational data
• Strong attention to detail, ability to maintain several multiple responsibilities simultaneously and a willingness to investigate all areas of the P&L
• Ability to understand, interpret and implement corporate policies and procedures
• Ability to determine costs that qualify for capital versus expense
• Excellent written and oral communication skills - ability to develop and maintain positive relationships
• Eagerness to learn, ask questions and challenge assumptions

We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.

We provide benefits that are industry competitive and focused on employee well-being. Listed below are programs that are offered globally, but program availabilities may vary by site.

• Flexible work options to help balance work/life demands (at participating Eaton sites)
• Healthcare/retirement savings programs
• Competitive compensation packages to reward skills and performance
• Tuition assistance or financial help for ongoing learning and development
• Health, Dental, Vision & Wellness programs
• Donation matching (U.S., Canada, Puerto Rico)

Eaton considers qualified applicants regardless of criminal histories, consistent with local laws. To request a disability-related reasonable accommodation to assist you in your job search, application or interview process, please call 412-893-3600 or send an email to: AccommodationsForApplying@Eaton.com

What you will get from us

Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic and mechanical power – more safely, more efficiently and more reliably. Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 85,000 employees.

We make work exciting, engaging and meaningful for our employees through our dedication to tackling some of the toughest power management challenges on the planet and by never losing sight of what matters. Our culture is built on a strong commitment to practicing our core values and supporting our employees with the tools they need to succeed. We pledge to always foster a diverse and inclusive environment, including inclusion resource groups that bring together employees who share a common purpose, interest or background. In the past year, our company has received top employment recognition by the Human Rights Campaign and almost fifty percent of our Board of Directors represented diverse groups. When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger.

We have demonstrated our passion for sustainability with the recent announcement of cutting carbon emissions from the company’s operations by at least 50 percent by 2030. We are ethical, passionate, accountable, efficient, transparent and committed to learning. We are confident we can deliver on our promise to improve the quality of life and the environment because of the attributes that our employees embody.

We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.

Job: Finance/Accounting

Region: North America – US/Puerto Rico
Organization: VEH Vehicle Group

Job Level: Individual Contributor
Schedule: Full-time
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: Relocation from within hiring country only
Travel: No