Eaton’s Corporate Sector is currently seeking a Lead Analyst - Benefits Accounting to join our team. This position is based at our Beachwood, OH location. Flexible hybrid work schedule available. Position Overview: This position is responsible for coordinating, analyzing, and processing all accounting, forecasting and profit planning requirements for Eaton's various benefit and compensation programs which include Eaton's US and Canadian health and welfare plans. This position will collaborate on issues with multiple global corporate functions such as Human Resources, Executive Compensation, and Payroll as well as managing & directing third party administrators, auditors, and consultants. 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: Complete all aspects of accounting, forecasting, and reporting for Eaton’s health and welfare plans. You will understand changes to plan rules and legislative changes and ensure they are incorporated into the accounting and reporting processes. You will ensure account balances are properly stated. Manage the accounting for Eaton’s Health & Flexible Spending Program and prepare & reconcile weekly funding activity for the Health & Flexible Spending Accounts. You will complete quarterly and annual audit of payroll deductions. You will finalize annual escheat report and prepare closing entries. You will authorize third party administrator to make correcting adjustments to employee payroll. Responsible for maintaining administrative expenses associated with Eaton’s health and welfare plans. Oversee the reporting of the executive life insurance plan (ELIP), which include posting entries to the General Ledger and reconciliation of accounts monthly while ensuring payroll contributions are adequate. Manage accounting for company owned life insurance, as well preparing profit plan, and adjusting forecast. Develop and maintain working relationships with Eaton’s outside suppliers to identify and resolve issues, ensure data integrity, pay invoices, and compliance with Eaton’s benefit programs. Monitor and review the financial ledgers to ensure compliance with US laws, US GAAP/IFRS, tax codes, government regulations and filing requirements. Oversee account reconciliations, key performance indicators, and closing activities ensuring high quality and timely delivery of financial information 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 in Accounting, Finance, Business or Economics from an accredited institution Minimum of 3 years of progressive accounting/finance experience Relocation assistance is not available for this position. Only candidates currently located within a 50 mile radius of Beachwood, OH 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: Certified Public Accountant (CPA) and/or Graduate degree in business, finance, or accounting from an accredited institution Prior experience with benefits and healthcare plans Position Criteria: Is curious, inquisitive, and comfortable challenging the status quo Strong drive for results Self-motivated and takes ownership of responsibilities Attention to detail and accuracy Can work easily with a diverse set of people to get things done with and through others Proficient use of Microsoft Excel, Word, and PowerPoint applications 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. #LI-AM6 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 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: 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: No