Sr. 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: (Limit yourself to 8-12 statements) 2. List the essential functions (i.e. key responsibilities with expected end results), which must be accomplished in order to fulfill the purpose of your position as described above. 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. 4. Dimensions: Aerospace Group consists of approximately 28 Sites throughout North America, Europe, and Asia. Both quantitative and qualitative metrics will be used to measure success in this position. 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: 6. 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. Qualifications 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: (Limit yourself to 8-12 statements) 2. List the essential functions (i.e. key responsibilities with expected end results), which must be accomplished in order to fulfill the purpose of your position as described above. 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. 4. Dimensions: Aerospace Group consists of approximately 28 Sites throughout North America, Europe, and Asia. Both quantitative and qualitative metrics will be used to measure success in this position. 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: 6. 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. 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: 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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