Program Financial Analyst

Eaton Corporation • Jackson, MI

390d • $91,500 - $134,200 • Hybrid

About The Position

The Program Financial Analyst role at Eaton's IS AER FED division is a hybrid position focused on supporting the financial activities of the Program Management and Engineering functions. The analyst will be responsible for financial measurement and reporting, contract accounting, and business partnering to analyze cost drivers and spending activities for strategic development programs and R&D investments. This role requires collaboration with program managers and engineering teams to ensure accurate tracking, reporting, and forecasting of expenses.

Requirements

• Bachelor's degree from an accredited university required.
• Minimum of one (1) year of Cost Accounting experience in a Manufacturing environment required.
• Minimum of three (3) years of Finance experience required.
• Must be a U.S. person as defined by ITAR regulations.

Nice To Haves

• MBA/CPA/CMA preferred.
• Minimum of three (3) years of Cost Accounting experience in a Manufacturing environment preferred.
• Minimum of five (5) years of Finance experience preferred.
• Strong technical expertise in US GAAP/IAS accounting and finance for long-term contracts preferred.
• Experience in leading teams and managing multiple projects preferred.

Responsibilities

• Monitor and communicate program management spend and interpret variances from plan, forecast, or baseline targets.
• Prepare monthly reports on major programs, including updates on IRR, NPV, shipset cost, and spending variance analysis.
• Partner with program managers to control costs, maximize revenue from scope changes, and ensure timely milestone invoicing.
• Complete Estimate to Complete calculations (ETC) as required and ensure approval by division management.
• Participate in pro-launch processes and support gate reviews with necessary financial analysis.
• Assist in preparing strategic plans, annual profit plans, and monthly rolling forecasts for major programs and Gross R&D budget.
• Support proposal management by developing financial analysis for new program business proposals and capital investments.
• Identify financial risks and develop mitigation plans in collaboration with Engineering and Program Management.
• Implement improvements to PMO processes through active participation in cross-functional teams.
• Serve as Oracle Time & Labor (OTL) support for accurate reporting and forecasting of project spend.

Benefits

• Health and Welfare benefits
• Retirement benefits
• Paid and unpaid time away from work programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Electrical Equipment, Appliance, and Component Manufacturing
• Education Level: Bachelor's degree