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Senior Financial Analyst

$86k - $126k

Eaton Corporation

Position Overview Eaton’s IS VEH EMB division is currently seeking a Senior Financial Analyst. Relocation assistance is provided and this position sits in our Carol Stream, IL site. The expected annual salary range for this role is $86,000 - $126,000. This position is also eligible for a variable incentive program. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations. 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. 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; 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 outs and 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. Host meetings with local finance personnel and project managers to understand progress and support monthly accruals for capital and expense. Perform monthly reconciliations and monitoring for Plex and Oracle transactions, including construction in progress accounts, to minimize variances between Plex ERP and Oracle modules. Required Qualifications 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. Preferred Qualifications 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 SIOP, MRP, 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. Skills and Competencies Ability to analyze and interpret financial and operational data. Strong attention to detail, ability to maintain multiple responsibilities simultaneously and 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, with the ability to develop and maintain positive relationships. Eagerness to learn, ask questions and challenge assumptions. Benefits Flexible work options to help balance work/life demands (at participating Eaton sites). Healthcare, retirement savings programs and other health, dental, vision & wellness programs. Competitive compensation packages to reward skills and performance. Tuition assistance or financial help for ongoing learning and development. Donation matching programs in the U.S., Canada, Puerto Rico. Equal Employment Opportunity 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. Eaton believes in second chance employment. Qualified applicants with arrest or conviction history will be considered regardless of their history, consistent with local fair‑chance ordinances and acts. #J-18808-Ljbffr Eaton Corporation

Vacancy posted 2 days ago
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