Accounting Manager (ETE)
EATONPuneUpdate time: January 31,2023
Job Description
The individual in the role will be part of GFSS Pune team responsible for ensuring financial accounting activities at the location are performed end to end from GFSS (Pune) for customers in North America. This role is to support Division and ensure all the deliverables for the plants under the Division meet their SLA target. This role is instrumental in supporting the Plant Controller by ensuring that End to End activities are performed accurately & efficiently. The role requires the individual to monitor and analyze accounting data and ensure compliance to the Eaton Financial Policies, legal requirements, GAAP and agreed SLAs with the customers. This individual is responsible to create and implement procedures to improve the internal control environment and streamline efforts. This position also has important responsibility for building organizational capability within the function by developing finance talent through training, mentoring and coaching. ESSENTIAL FUNCTIONS: (Limit yourself to 8-12 statements) Process Centric – Obtain and maintain a thorough understanding of the financial reporting and processes (RTR, OTC & PTP) with due focus in managing end to end accounting in the RTR function. Ensure an accurate and timely book close: monthly, quarterly and year end. Also, ensure the timely reporting of all monthly financial information including performing variance analysis. Control & Compliance – Implement and drive a Zero Gap culture in the process by proactively identifying and remediating the risks in the process. Ensure compliance with Eaton’s Financial Policies, US GAAP and Local GAAP and the various controls defined by Eaton’s Internal Control Program Office including SOX. Closely work with auditors and will be responsible for closure of all internal audit / SOX gaps identified. Collaboration - Collaborates with stakeholders to support overall goals and objectives and function as a “business partner”. Work closely with Plant Finance/ Division Controller, Global Process Leaders on inquiries, special reporting requests and the like. Ability to cut across functions and drive cross functional initiatives which contribute to ultimate Eaton Goals. Work with the Controller to ensure a clean and timely year-end audit. Quality culture – Drive and leverage various systems and tools to automate processes and drive process improvements. Encourage use of quality tools. Process Standardization – Regular review of existing controls and Governance of the standard processes and ensuring alignment to global defined SSC processes Team Management and Build organization capability – Will be responsible for managing a highly skilled and talented team through the development of functional and technical knowledge. Also, ensure seamless support to plant controller through effective team management and back up planning. Monitors and analyzes team’s work to develop more efficient procedures and use of resources while maintaining a high level of accuracy. Continuous Improvement – Demonstrate a practical approach to continuous improvement of the processes which directly manage the delivery of our services. Improve formalized standards and procedures in using new technologies and facilitates others in learning new technologies. Proactively seeks and acts in ways to positively promote and foster initiative in own team and other departments of the organization. Support Controller with special projects and workflow process improvements. 2. Competencies - Understands the vision for the center and takes an active role in furthering the vision. Knowledge of financial accounting requirements under US GAAP and Eaton Financial policies - Provides and seeks opportunities to improve results through cost reduction, improved efficiency - Ensures Center's Financial integrity and internal controls are intact. Possesses knowledge of financial accounting requirements under US GAAP and Eaton Financial policies - Resourceful in assessing growth opportunities and apply strong business judgement to convert it - Understands Lean concepts appropriately to drive improvements - Understands the customers and measures their satisfaction Qualifications DIMENSIONS: Adherence to Timelines as per the statutory calendar with proactive planning and execution for the ledgers Utilizing ERP/Oracle/SAP to utmost for reporting. Continuous improvements and streamlining of accounting and reporting processes with an aim to reduce time and effort. Analytical bend of mind Shift working 14.30 to 23.30 IST however needs to stretch beyond the shift and be flexible based on the requirements. Readiness for International travel for Training & Transitions Accounting Degree (CA) or MBA-Finance with required experience Must have an end-to-end process knowledge for GL/FA and good understanding of OTC ,PTP , RTR & FP&A encompassing overall accounting as the area Good experience of Oracle/SAP ERP 8-12 years’ of total experience Knowledge of U.S. GAAP Excellent analytical, written and oral English communication skills Ability to work collaboratively across boundaries/business lines. Excellent MS Office knowledge (Word, Excel, PowerPoint etc.), Excel Macro ADDITIONAL INFORMATION: Business acumen, Strategic agility, Managing and measuring work develop and coach direct reports Dealing with ambiguity with regard to changes in regulations/external requirements Systematic process orientation, strong analytical and problem solving skills Commitment to compliance Be a self-starter & be able to operate without close supervision Drive, enthusiasm, openness, honesty, diplomatic, persuasive, coach Influencing skills with relationship building with the customers and stakeholders Customer service mindset Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society. Founded in 1911, Eaton has been listed on the NYSE for nearly a century. We reported revenues of $19.6 billion in 2021 and serve customers in more than 170 countries. 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 have demonstrated our passion for sustainability with the announcement of cutting carbon emissions from the company’s operations by at least 50 percent by 2030. Eaton is committed to having a workforce that is diverse and non-discriminatory at all levels, reflecting the diversity of our customers and the varied environments in which we conduct business around the world. Our success depends on our ability to attract and retain the very best people unlimited by race, color, social or economic status, religion, national origin, marital status, age, disability, veteran status, sexual orientation, gender identity or any protected status. Eaton follows relevant non-discrimination laws and regulations in the countries where we operate. It is the policy of the Company to make all decisions regarding employment, including hiring, compensation, training, promotions, transfers, or lay-offs, based on the principle of equal employment opportunity as defined above. Job: Finance/Accounting Region: Asia Pacific Organization: Corporate Sector Job Level: Team Leader/Supervisor 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?: No Travel: No

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