Manager - Finance
EATONHadapsar puneUpdate time: December 20,2022
Job Description
Description This position is responsible for providing finance support on research and development spend. These responsibilities include, but are not limited to, program financial measurement and reporting, supporting new business proposals, business partnering with program management to provide analytical insights, timely and actionable reports to budget owner and funding business. This position will ensure that the tracking, reporting, and forecasting of gross R&D and program expenses is completed on a monthly basis, lined up with external funding and product portfolio strategy, to provide forward looking analysis by program. The role will liaise with the engineering, program management and finance teams as well as program managers to drive changes. Monitor and communicate the project & program management spend and provide with interpretation of variances from plan, forecast, or baseline targets. Proactively assess deviations from plan, forecast, or baseline targets spend based on data and business partnership Develop and implement operational and financial tools/metrics to measure R&D spend impact and effectiveness; promote uniform application & reporting across Eaton Business partner with program managers to control costs, mitigate risks and manage the budget; Analyse operational and financial data to indicate R&D spend effectiveness Connect regularly with funding business across Eaton, to increase broad based understanding, share best practices, and align key processes Prepare monthly report out on all major programs. Including updates on IRR, NPV etc. and spend variance analysis. Complete Estimate to Complete calculations (ETC) wherever required and ensure these are reviewed and approved by management Be an active participant in the pre & pro-launch process and specifically support Pro-launch gate reviews and provide all necessary financial analysis in a timely fashion. Assist in the preparation of strategic plans, annual profit plans, and monthly rolling forecasts for all major programs and for the Gross R&D budget within a portfolio of plants and programs. Support proposal management by participating in the development of financial analysis for all new program business proposals, capital investments, and potential new product endeavors. (cost\benefit, Go\No Go, Make\outsource etc.) Assist Engineering and Program Management in the identification of financial risks and developing mitigation plans. Qualifications Qualifications Bachelor’s Degree in Finance or Costing or Management Accounting. CA/MBA/CWA/CMA preferred 15+ years of experience in finance field (business partnering, costing, pricing, accounting etc.) Technical expertise in process and product costing and finance, specifically in application to commercial development and production contracts, Cost-benefit, Techno commercial analysis, engineering research and collaboration contracts etc Experience in managing multiple projects. Demonstrated strong verbal, written, and interpersonal skills with ability to establish effective cross-functional relationships. Proven leadership and problem-solving skills Strong financial and analytical competence as well as planning and organizational skills Attention to detail and deadline-orientated focus Knowledge of computerized accounting systems to include word processing, spreadsheet software and integrated ERP / accounting systems (ie,Oracle/SAP, Excel, Word, Powerpoint, Power BI, Office 365 etc.) 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: Asia Pacific Organization: INNOV Innovation Center 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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