Senior Analyst - ETE Accounting
EATONPuneUpdate time: November 15,2022
Job Description
PRIMARY FUNCTION: 1. State the primary function or overall purpose of your position. Process Centric – with thorough understanding of the financial processes (RTR, OTC & PTP) with due focus on RTR in managing end to end accounting for Aerospace sites. Responsibilities include ensuring an accurate and timely monthly, quarterly and year end close. Demonstrate efficiency, agility and ensure a high level of accuracy. Provide business partnership to all areas of plant with regard to functional expertise and cross-functional support, providing guidance and education as needed to plant personnel to achieve financial objectives. Control & Compliance - Responsible for the implementation and deployment of actions to ensure an adequate environment of internal control. Provide compliance with Sarbanes-Oxley and all applicable statutory requirements as they apply to their areas of responsibility. Active leadership required to ensure compliance is maintained for all financial activities, as well as the safeguarding of plant assets in compliance with corporate policies and procedures. Quality culture: Drive and leverage various systems and tools to automate processes and drive process improvements. Must use quality tools like BPI, EBE, etc. Process Standardization: Regular review of existing controls and Governance of the standard processes and ensuring alignment to globally defined SSC processes Collaboration - Collaborates with the other stakeholders to support overall goals and objectives. Work closely with the Accounting Manager in achieving the required goals and timelines. Proactively manage issues through understanding of the overall processes and interconnect. Continuous Improvement- Demonstrate a practical approach to continuous improvement of the processes. Customer Focus & Meet and exceed customer expectations – Develop Customer facing KPIs, periodic meetings to discuss performance and monitors closely to close out open issues. Service Delivery: To ensure that the service delivery is being managed in accordance with the agreed processes and procedures with regard to: Service definition Service level management, including reporting Documentation, including maintenance of appropriate review documentation and audit trails ESSENTIAL FUNCTIONS: A. End to End Accounting: Possess a good knowledge and experience of financial accounting and reporting standards. Perform various month end close activities (incl. calculation and preparation of various journal entries, reconciliations, reporting & analysis and compliance related activities etc.) with emphasis on accuracy, attention to detail, and properly supported balances. Partner with sites regarding account variances, account aging and recommend actions to resolve. Generate and distribute various daily, weekly, and monthly plant operational/financial reports to key stakeholders. Provide robust analysis in clearing of the IC receivables/payables and APPO outstanding transactions. Support Fixed assets related activities, reporting and reconciliation. Preparation of Monthly/quarterly and annual RSD schedules with necessary workings. Support the site in their Statutory Audit, Annual DSA, SOX audit and second level balance sheet reviews. Support the site in the preparation of the annual profit plan, by way of preparing various schedules. Prepare and lead project plans to execute improvements. drive efficiencies and innovation. Preparation of on-going monthly and periodic financial reports Analyze operational and financial data, investigate variances, identify business drivers and evaluate their impact on planned objectives. Promotion of good financial stewardship including control costs, driving forecast accuracy, driving balance sheet integrity and compliance to Eaton policies Coordinate, interpret and respond to ad hoc financial requests To perform and enhance reporting responsibilities meeting and exceeding the customer expectations by building strong business acumen and driving a culture of quality and automation where creativity and innovation is a process. Identify and share/implement the best practices and improve the processes Perform additional analyses as assigned. Build scalable and capable organization to deliver quality services. Mentor and guide team in additional analysis as assigned. B. Work in a team environment to drive improvement in financial processes through tools/systems, automation, leverage best practices and standardization. C. In Eaton, making our work exciting, engaging, meaningful; ensuring safety, health, wellness; and being a model of inclusion & diversity are already embedded in who we are - it’s in our values, part of our vision, and our clearly defined aspirational goals. Qualifications SPECIALIZED KNOWLEDGE: Accounting Degree (CA), MBA-Finance or B.com. (Accounting) with required experience. Must have an end-to-end process knowledge for GL/FA and good understanding of OTC and PTP encompassing overall accounting as the area. Proficient with MS Excel and reporting tools Good experience of Oracle R12 and MFGPro (ERP) Working Knowledge of Business Intelligence Tools – Hyperion, OBIEE, ENCORE, RADAR, DFT etc 6-8 years of accounting experience. Experience in multinational manufacturing industry. Excellent analytical, written and oral communication skills. Adaptable to varying cultures. ADDITIONAL INFORMATION: Strong analytical and financial modeling skills with the ability to summarize findings and present solutions. Good interpersonal skills – ability to work with all levels of the organization. Acts as a business partner to Aerospace plants, divisions, and headquarters – sees the big picture. 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: Asia Pacific 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?: No Does this position offer relocation?: Relocation from within hiring country only Travel: No

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