Financial Planning Specialist
EATONBeachwoodUpdate time: August 3,2022
Job Description
Eaton’s Corporate Sector is currently seeking a Financial Planning Specialist to join our team. This position can be based at any of the following locations; Beachwood OH, Moon Twp PA, Irvine CA, Galesburg MI, Highland IL, Syracuse NY, Arden NC, Charlotte NC, Ft Worth TX, or Tualatin OR. Candidate must be located within 50 miles of one of these locations. Flexible, hybrid work schedule is also available. Position Overview: This position is responsible for the management, dissemination, and data integrity of key financial information. Key responsibilities are providing Senior Management with the first look at the financial state of the company and preparing reports for Senior Management that provide a detailed analysis and understanding of business results of the corporation measured against Plan, previous forecast, and prior year. This position is relied upon by the organization for insights into key financial metrics and works across functions to develop and deliver timely and accurate financial information. 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 function you will: Manage the ENCORE monthly financial reporting process in order to provide high quality, timely, and flawlessly accurate information to the Chairman and CEO, CFO, VP and Controller, COOs and other senior leaders. Prepare, verify, and analyze for reasonableness monthly reports such as the sales and profit flash report, sales and profit bridges, restructuring analysis, and financial highlights by segment. Produce accurate and sensitive financial data in very short turnaround time conditions to achieve reporting requirements of Senior Management and deliver on or before stated deadlines. These reports contain the first look for Senior Management at the financial state of the company and measure progress against Plan, previous forecast, and prior year. Establish and maintain collaborative and highly effective working partnerships with the Electrical and Industrial Sector Finance teams in order to ensure that business results (including comparisons between actuals, forecast, Profit Plan and/or prior year) and associated issues are understood and can be accurately communicated to Senior Management during monthly Actuals and Forecast meetings. This communication ensures that Senior Management has a detailed analysis and understanding of financial state of the corporation and can measure progress against Plan, previous forecast, and prior year. Produce presentations to be used by the VP and Controller and/or CFO in meetings with the Board of Directors (BOD) and the Senior Leadership Council (SLC) on a quarterly basis. In months without such meetings prepare a presentation to be provided to the BOD and SLC to provide them with a financial update on the status of the company and its progress against Plan, previous forecast, and prior year. Prepare high quality, timely and flawlessly accurate quarter-end analyses that support and facilitate the external earnings release such as a quarter-end deliverables timeline, financial reference information for the CFO during the external earnings release webcast, and analysis of organic growth compared to certain peers Assist the V.P. of Technical Accounting and his team on a quarterly basis with the Management Discussion & Analysis (MD&A) for the 10-Q/10-K as it relates to segment operating performance by leveraging the analysis of business results and associated issues obtained on a monthly basis through the collaboration noted with the Sector Finance teams. Also provide Technical Accounting with quarterly confirmation related to certain revenue disclosures that are provided by the Sector Finance teams. Once the sectors have presented their Profit Plans to the CEO and CFO, track any changes made and provide proforma analyses to CFO on an as needed basis. Review the Board of Director Profit Plan presentations prepared by the Sector Finance teams for financial accuracy and consistency. Produce accurate ad-hoc data and / or analysis in very short turnaround time conditions to immediate Manager, Director of Reporting & Analysis, and Executive Management. Support the Reporting & Analysis Department in achievement of goals via participation in special projects, training, or data issues as assigned by the Manager of Reporting & Analysis. Why work at Eaton? We provide benefits that are industry competitive and focused on employee well-being. Listed below are programs that are offered globally, but program availabilities may vary by site. Flexible work options to help balance work/life demands (at participating Eaton sites) Healthcare/retirement savings programs Competitive compensation packages to reward skills and performance Tuition assistance or financial help for ongoing learning and development Health, Dental, Vision & Wellness programs Donation matching (U.S., Canada, Puerto Rico) 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: Bachelor’s degree from an accredited institution Minimum 3-5 years experience in finance or accounting No relocation benefit is being offered for this position. Only candidates within a 50-mile radius of Beachwood, OH, Moon Twp PA, Irvine CA, Galesburg MI, Highland IL, Syracuse NY, Arden NC, Charlotte NC, Ft Worth TX, or Tualatin OR 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 Preferred qualifications: Deep Finance / accounting background, and broad business experience Technically proficient in Longview Solutions and Microsoft Office applications. Position Criteria: Excellent communication and presentation skills and the ability to work with all levels, functions, and personalities within the organization, including Executive Management and Sector Finance. Excellent analytical skills to determine “root-cause” issues and to develop and recommend best possible resolution. Able to prioritize multiple requests and / or issues and multi-task to resolve the issues while meeting all stated deadlines within very short turnaround time conditions. Manage workload with a sense of urgency, personal ownership, very high standards of customer support, and a constant focus on system data integrity, and flawless product quality. Creativity, vision, and strategic thinking to help solve business challenges are essential. Ability to work effectively and collaboratively across a global organization, with the ability to adjust communication style to regional norms. 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 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: Corporate Sector Job Level: Individual Contributor Schedule: Full-time Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: Yes – Hybrid Does this position offer relocation?: No Travel: Yes, 10 % of the Time
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