Eaton’s Vehicle Group, Royal Power Solutions business is currently seeking a Fixed Asset & Project Accountant to join our team. This is a new position as we grow our RPS business! Relocation assistance is available for this position. Sponsorship is not available. We make the electric revolution work. Every day, we work to improve people’s lives and the environment by making power management technologies that are more reliable, efficient, safe and sustainable. Preparing for the electrified future of mobility 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. Our team is collaborating with companies to innovate the transportation technologies of the future, creating efficient vehicles that travel faster, farther, higher and safer at a lower overall cost to the consumer and the environment. The Fixed Asset & Project Accountant will be based out of the Carol Stream, IL manufacturing site and will offer a hybrid working schedule after training. In this function you will: Support the month and year end closing processes for the Project Accounting and Fixed Asset modules. Delegate tasks within the team to share efforts for project management and system maintenance. Create complex, global, multi-project CARS to obtain senior management approval for capital spend. All costs pertaining to purchases, services, internal resources, and external consultant work are evaluated based on prescribed accounting rules to determine the appropriate classification. The resulting conclusion and the basis for it are then explained to senior management. Read and interpret complex, external contract proposals involving costs up to several million dollars to understand and determine if the work to be performed qualifies as capital or expense. Support and training US and international finance and project managers on the monthly accounting, forecasting, and reporting for capital projects to ensure that these responsibilities are properly handled from start to finish. Analyze project and program costs and compare them to the approved budget to determine how the project is trending. Host meetings with local finance personnel and project managers to understand the extent of progress made and supporting the monthly accruals for capital and expense. Prepare special reports in response to requests received from IT, senior business management and finance. These requests typically arrive monthly and need to be compiled in a short period of time. Perform monthly reconciliations and monitoring the construction-in-progress accounts for the US Corporate ledger to minimize variances between Plex ERP and Oracle modules. Qualifications Required (Basic) Qualifications: Bachelor’s Degree in Accounting, Finance or Business from an accredited institution. Minimum of 3 years of experience in corporate and/or public accounting or a financial/accounting role w/in a manufacturing environment Must be legally authorized to work in the United States without company sponsorship both now and in the future Preferred Qualifications: Capital accounting experience is preferred. Solid understanding of US GAAP Ability to understand, interpret and implement corporate policies and procedures to global capital projects Strong knowledge in the creation of project budgets, the accounting close and forecast processes Strong analytical skills to calculate variances and determine the reason for the variances Knowledge of capital accounting and the ability to determine costs that qualify for capital versus expense Strong PC Skills: General ledger systems, Sub ledger systems, Excel Position Success Criteria: Ability to manage multiple projects and responsibilities on a constant basis while maintaining a high standard of quality Excellent written and oral communication skills - ability to interact with management at various levels and various international location 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. 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) 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: VEH Vehicle Group 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?: Relocation from within hiring country only Travel: No