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Project Accounting Senior Analyst - Engineering Finance

Eaton CorporationGalesburg, MI
$86,000 - $126,000Hybrid

About The Position

Eaton’s Corporate Division is currently seeking a Project Accounting Analyst- Engineering Finance to join our team. This position can be based at our Beachwood, OH or Galesburg, MI locations with hybrid work available. The Project Accounting Analyst – Engineering Finance provides operational support for Engineering project accounting across Eaton’s enterprise. This role manages day-to-day Oracle Project Accounting (PA) processes and ensures accurate, timely recording of engineering project costs. Working as part of a centralized Engineering Finance team, the analyst maintains data integrity and compliance in project cost pools, supports month-end close, and assists with cost variance analysis. The position is execution-focused, contributing to Eaton’s finance transformation by ensuring consistent, high-quality project financial data across all engineering organizations.

Requirements

  • Bachelor’s degree from an accredited institution
  • Minimum 2 years of in accounting or finance experience.
  • No relocation benefit is being offered for this position. Only candidates within a 50-mile radius of Beachwood, OH or Galesburg, MI will be considered. Active-Duty Military Service member candidates are exempt from the geographical area limitation.
  • Must be able to work in the United States without corporate sponsorship now and within the future.
  • Ability to partner with engineering, project management, or operations teams in a business support role.
  • Working knowledge of project cost flows, labor costing, and basic cost accounting principles
  • Experience with ERP systems; hands‑on experience with Oracle Project Accounting or similar project costing systems strongly preferred
  • Familiarity with labor rates, cost pools, absorption, and utilization concepts
  • Proficiency in financial reporting, reconciliations, and variance analysis
  • Strong Excel and data analysis skills; ability to investigate and resolve data issues.
  • Attention to detail with strong analytical and problem-solving abilities
  • Proven ability to manage multiple priorities and meet deadlines, especially during month-end close
  • Effective communication skills to interact with cross-functional teams and explain financial processes
  • Collaboration and customer-service mindset, working well in a team environment
  • High integrity and adherence to financial controls and compliance standards

Nice To Haves

  • Up to 10% travel required

Responsibilities

  • Support project accounting close activities by reconciling Project Accounting to the General Ledger and resolving discrepancies to ensure a timely, accurate close
  • Manage day‑to‑day labor costing in Oracle, including labor rate calculation, maintenance, and validation; coordinate with HR, Payroll, and upstream systems to ensure accurate project cost capture
  • Support development, analysis, and monitoring of engineering labor rates and cost pools, including absorption and utilization, to ensure appropriate cost recovery and financial compliance; assist with forecasting and annual planning for engineering resource groups and cost pools
  • Ensure project costs are accurately coded and posted; resolve errors and drive improvements to strengthen cost integrity and reduce rework
  • Oversee project recharge and cross‑charge activities, including intercompany charges, and support project billing in alignment with project setup and financial requirements
  • Provide routine project cost, labor, and utilization reporting; support variance analysis and issue resolution for Engineering Finance and project stakeholders
  • Serve as a finance partner to engineering teams, providing guidance on project setup, labor rates, cost treatment, and financial impacts to support informed decision‑making
  • Partner with Engineering, Finance, and IT to standardize and improve project accounting and labor costing processes; support system implementations, automation, and standard work documentation
  • Contribute in a team environment through cross‑training, knowledge sharing, and continuous improvement across the engineering finance organization.

Benefits

  • Health and Welfare benefits
  • Retirement benefits
  • Programs that provide for paid and unpaid time away from work

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