Senior Manager - Corporate Accounting and Reporting
EATONBeachwoodUpdate time: January 20,2023
Job Description
Eaton’s corporate accounting team is seeking a Senior Manager, Corporate Accounting & Reporting to join the team. This position will be based at our corporate offices in Beachwood, OH. Job Summary: As a power management company with 2021 sales of $19.6 billion, Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power. We have approximately 86,000 employees across the world, and sell products to customers in more than 170 countries. Our company is organized into two main business sectors to best serve end markets. The Electrical Sector with 2021 sales of $12.76B, and the Industrial Sector, comprised of our Aerospace, Hydraulics, Vehicle, and eMobility groups, with 2021 sales of $6.87B. This person will lead the corporate controllership team responsible for Eaton's consolidated financial statements and results; reporting and analysis related to corporate expenses; and the accounting for various non-operational areas such as global reserves for environmental, asbestos, insurance, and other matters. Job Responsibilities: Leading the preparation and review of Eaton's consolidated monthly financial statements and reporting packages used by senior leadership and in SEC filings Analyzing and interpreting Eaton's consolidated corporate results to assess key business drivers of performance and develop recommended actions for senior leadership Preparing and analyzing the monthly forecast and the annual profit plan for corporate Evaluating complex accounting matters in accordance with US GAAP and presenting alternatives and recommendations to senior leadership in a simple and easy to grasp manner Driving efficiency and process improvement within global finance processes by continually challenging the status quo Partnering with various corporate and operational cross-functional teams on key business issues and process improvements Ensuring effectiveness of controls and compliance with company policies Managing and developing a team of Managers, Specialists and Lead Financial Analysts through coaching, feedback, exposure and stretch assignments Developing and executing organizational structure/strategy for financial accounting team in India or other low-cost countries Building organizational capability by attracting and selecting diverse, high caliber, promotable talent Specific areas of responsibility: Reporting and analysis - Segments, corporate expenses, other income, income statement, balance sheet, cash flow statement, consolidated profit plan and forecast, balance sheet review, consolidated cash; Accounting - Legal, Asbestos, audit fees, Eaton Corp Controllership, Insurance & Risk Management, Environmental, Executive Incentive Comp; Tax assistance for legal entity forecasting and transfer price initiatives; Intercompany team; Ledger and account maintenance Qualifications Basic Qualifications: Bachelor’s Degree in Business from an accredited institution Minimum of 8 years of progressive accounting or finance experience Preferred Qualifications: CPA a plus Position Criteria: Strong leadership skills Strategic/Analytical thinking Ability to express the complex in simple, easy-to-grasp ways, verbally and in writing Comfortable and confident in speaking with senior leadership Is curious, inquisitive, and comfortable challenging the status quo Strong drive for results Attention to detail and accuracy Can work easily with a diverse set of people to get things done with and through others Working knowledge of financial systems such as Oracle, SAP and HFM Proficient use of Microsoft Excel, Word and PowerPoint applications 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 us at 412-893-3600 to discuss your specific need. Only accommodation requests will be accepted by this phone number. All other inquiries related to your job search will not be supported by this phone number. 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: Manager 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?: Relocation from within hiring country only Travel: Yes, 10 % of the Time

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