Description This position is responsible for supporting the financial activities of Eaton’s engineering Center at Pune. These responsibilities include, but are not limited to, program financial measurement and reporting, contract accounting, supporting new business proposals, and business partnering with program management to analyze and report cost drivers and spend activities for engineering. This position will ensure that the tracking, reporting, and forecasting of Gross R&D and program expenses is completed on a monthly basis, and will work with the program managers and business finance to understand all changes. Monitor and communicate the project & program management spend for the center and provide with interpretation of variances from plan, forecast, or baseline targets. Provide guidance to members of the Finance team within EIIC on techno commercial aspects Develop and implement operational and financial tools/metrics to measure R&D spend impact and effectiveness; promote uniform application & reporting across EIIC and engineering finance. 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 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. MBA/CWA/CMA preferred 5-8 years of experience in finance field (costing, pricing 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.) 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: INNOV Innovation Center 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