Cost Accountant
EATONLos angelesUpdate time: February 6,2023
Job Description
Eaton’s Aerospace Group, Fuel Motion Control Division (FMC) is currently seeking a Cost Accountant to join our team. This position is based at our Los Angeles, CA facility. Position Overview: The Cost Accountant is considered a key member of the plant finance team and is responsible for managing the finance activities which drive the financial performance of the Eaton Los Angeles plant. This role will be instrumental in maintaining cost accounting measures for the plant to capture, report and resolve manufacturing variances, and will be responsible for working with cross-functional teams to drive improvements into the manufacturing environment. Areas of focus for this role include maintaining processes to review BOMs and routers, setting and maintaining standard costing, supporting the plant annual physical inventory, assisting in financial audits, maintain appropriate balance sheet reserves for E&O, warranty, LCM, supporting the forecast process, managing functional budgets across the site, and analyzing utilization and productivity metrics. This role will have a wide exposure to the business and is an excellent position for someone looking to develop a long-term career within Finance or Operations. 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 and every day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours. In this role, you will: Review manufacturing variances on a daily basis Develops and implements key metrics to achieve desired behaviors from business partners Review utilization and productivity metrics for opportunities to improve the labor reporting process Drives improvements into the plant cost environment through analysis and correction of manufacturing variances Provides monthly analysis and detail of key drivers for manufacturing variance variances to forecast Performs month end close functions including journal entries and reconciliations as necessary Review BOMs and routings Serves as the finance liaison for everything related to inventory Sets and maintains standard costing according to Eaton Financial policies Supports the plant annual physical inventory Owns and monitors key compliance reporting and controls Supports Accounting Manager and Controller with ad hoc analysis and projects Maintains standard work and documents systems, processes and procedures used in cost accounting Assist in annual profit plan preparation When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger. Qualifications Required (Basic) Qualifications: Minimum of three (3) years of experience in finance and accounting in a manufacturing environment Advanced proficiency with MS Office, to include Excel (pivot tables, v-lookups, etc.) This position requires use of information or access to hardware which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. citizen, U.S. Permanent Resident (i.e., Green Card Holder'), Political Asylee, or Refugee. Candidates must be legally authorized to work in the United States without company sponsorship. No relocation benefit is being offered for this position. Only candidates who currently reside within a 50-mile radius of the Los Angeles, CA facility will be considered. Active-Duty Military Service member candidates are exempt from the geographical area limitation. Preferred Qualifications: Understanding of GAAP accounting Understanding of cost accounting principles and manufacturing operations Strong proficiency with MS Office, to include Excel (pivot tables, v look-ups) Experience in a large manufacturing organization Minimum of 2 years of experience in cost accounting and/or manufacturing financial analysis Proficiency with ERP/MRP systems CPA/CMA/MBA Proven cross functional engagement or experience The expected annual salary range for this role is $100,000 - $138,000. Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experiences, and qualifications as well as market and business considerations. At Eaton, we know that good benefit plans are important to employees and their families. Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away for work. Click here for more detail: Eaton Benefits at a Glance. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and applicability of collective bargaining agreements. California Only: Eaton will consider for employment, qualified applicants with criminal histories in a manner consistent with the requirements of the FCIHO. 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: AER FMC Fuel Motion Control Systems Job Level: Individual Contributor 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: Yes, 10 % of the Time
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