Senior Financial Analyst

Eaton Corporation • Carol Stream, IL

10d • $86,000 - $126,000 • Onsite

About The Position

Eaton’s IS VEH EMB division is currently seeking a Senior Financial Analyst. Relocation assistance is provided and this position sit in our Carol Steam, IL site. The expected annual salary range for this role is $86000 - $126000 a year. This position is also eligible for a variable incentive program. Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations.

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 is 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.

Requirements

• Bachelor’s Degree in Accounting, Finance or Business from an accredited institution
• Minimum of three (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

Nice To Haves

• Strong understanding of SOX/US GAAP
• Experience in a plant/manufacturing environment
• Continued Process Improvement
• Master in excel
• 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
• 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

Responsibilities

• 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
• Help review balance sheet reconciliations to ensure no variances on the balance sheet
• 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
• Review and analyze production jobs to understand variances, inventory movement, and perform closures once orders are complete
• Partner with materials team to ensure inventory controls and compliance
• Support inventory reviews with cross functional teams to minimize excess and obsolete and maintain healthy inventory levels
• Review production scrap, sale of scrap, and operational performance to understand drivers and potential opportunities
• 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
• 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 for Plex and Oracle transactions, including construction in progress accounts and any operational data, to minimize variances between Plex ERP and Oracle modules

Benefits

• Relocation assistance
• Variable incentive program
• 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)
• Health and Welfare benefits
• Retirement benefits
• Programs that provide for paid and unpaid time away from work

What This Job Offers

• Job Type: Full-time
• Career Level: Senior