Controller
EATONClevelandUpdate time: August 3,2022
Job Description
The Controller is a business partner to the Cleveland, TN Plant Manager and the Extended Management Team supporting the efficient and effective execution of the Plant Operations P&L and High 5 metrics. They are directly responsible for managing the financial operational activities of the Plant and the Product Lines in accordance with prescribed Corporate, Divisional and Plant policies and procedures. The position provides leadership and direction for all the financial, cost accounting and general accounting functions of the Plant and Product Lines. They analyze and interpret all matters that have a financial impact on the Plant and Product Lines and advise Management in these matters. In this function you will: Direct all budgeting, planning and forecasting required by the Corporation, Division, Plant and Product Lines. Oversee the adherence to Corporate, Divisional and Plant policies, procedures, and controls in accordance with generally accepted accounting principles. Business scope and size dictates that this role will interface and support, from time to time, interaction with External Auditors as well as Eaton SOX and Internal Auditors. Develop, train and staff the Finance Department to provide an efficient and knowledgeable staff to support Operations. Motivate and coach employees to assist in the development of their potential for job knowledge, work skills and career growth with the company. Develop accounting team to be ready for next roles. Implement and maintain systems and procedures on an ad hoc basis and as required to more efficiently manage the P&L and Balance Sheet performance. A leader and driver of the cost reduction program in the plant including development of actions from the accounting team. Oversee the accuracy, integrity and performance (DOH, DSO, DPO) of the Ledger Balance Sheet assuring Sarbanes-Oxley compliance, in addition to ensuring the security of assets within the ledgers. Utilize and develop processes and procedures to analyze variances in the P&L and Balance Sheet performance as compared to Forecast, Profit Plan and Prior year to ensure the accuracy and performance of our financial reporting and advises or initiates corrective action as required. Responsible for monitoring and reporting the integrity, performance and capitalization timing of annual Capital Spend, in accordance with Corporate and Divisional accounting policy. Develops and monitors capital in process metrics. Assist the Plant Manager and Product Line Manager with financial reporting and special projects as required including preparation for Profit Plant, Forecast calls, SIOP, linearity/variance, mid-month updates, and High 5 calls. Support the plant’s CIF Deployment strategy by attending daily Tier IV meetings and owning the productivity metric, participate in weekly Gemba walks and process checks. Development and implementation of product line statements for the plant to support the Product Line Manager. Lead the development and the presentation of profit plan. Co-lead (with SCM) in Physical Inventory with area sign off and oversight of the counting and counting auditing processes. Participation and leadership in the plant Operational Assessment including owning a category to drive cultural improvements. Perform work in a manner that supports Eaton’s Quality standards and systems. Be responsible for following all safety policies and procedures. Other projects as assigned. Qualifications Required (Basic) Qualifications: Bachelor’s degree in accounting, finance or business from an accredited institution is required. Seven (7) years of diversified Finance/Accounting experience with at least 2 years in a manufacturing industry. Must be able to work in the United States without corporate sponsorship now and within the future. Relocation assistance will be provided for candidates residing outside of a 50-mile radius of Cleveland, TN. Preferred Qualifications: Master’s degree from an accredited institution. Experience with Eaton business systems (Encore, Oracle, Vista, MAPICS). Plant operations or cost accounting experience. Two (2) years of people management experience. Position Criteria: Technical knowledge of budgeting, cost accounting, general accounting, standard product costing, financial reporting and analysis, cost/benefit analysis (NPV, CFR) and inventory control & cost systems. Ability to analyze and interpret the financial impact of matters affecting the plant and provide advice to management regarding these matters. In-depth knowledge and understanding of Corporate, Divisional, and plant accounting policies and procedures, and thorough knowledge of Generally Accepted Accounting Principles. Exposure to a manufacturing environment and a complete understanding of a detailed manufacturing control system. Knowledge of the operations, systems and programming areas of information technology. Acts as a liaison between plant and both External & Internal Auditors. Acts as a liaison between plant and Corporate/Division on matters of financial importance. Acts as a catalyst for improvement both within the plant and department. Eaton considers qualified applicants regardless of criminal histories, consistent with local laws. To request a disability-related reasonable accommodation to assist you in your job search, application or interview process, please call 412-893-3600 or send an email to: AccommodationsForApplying@Eaton.com What you will get from us Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic and mechanical power – more safely, more efficiently and more reliably. Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 85,000 employees. We make work exciting, engaging and meaningful for our employees through our dedication to tackling some of the toughest power management challenges on the planet and by never losing sight of what matters. 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 pledge to always foster a diverse and inclusive environment, including inclusion resource groups that bring together employees who share a common purpose, interest or background. In the past year, our company has received top employment recognition by the Human Rights Campaign and almost fifty percent of our Board of Directors represented diverse groups. When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger. We have demonstrated our passion for sustainability with the recent announcement of cutting carbon emissions from the company’s operations by at least 50 percent by 2030. We are ethical, passionate, accountable, efficient, transparent and committed to learning. We are confident we can deliver on our promise to improve the quality of life and the environment because of the attributes that our employees embody. 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. Job: Finance/Accounting Region: North America – US/Puerto Rico Organization: ES CRDS COMM Commercial Job Level: Manager 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?: Relocation from within hiring country only Travel: Yes, 10 % of the Time
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