If you desire to be part of something special, to be part of a winning team, to be part of a fun team – winning is fun.  We are looking forward to Senior Cost analyst in Eaton’s CPC, based in Suzhou China. 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.  

This exciting role offers opportunity to:

• This position is responsible for costing monthly closing and reporting,production cost controlling and variance analysis, project cost analysis and reporting;new products cost model estimation and verification; cost out projects saving verification,product end to end margin analysis. It works cross functionally to perform root cause analysis and to continuously improve. It provides oversight of the financial aspects of operational activities including variance analysis, production costing, inventory control and reporting.
• Perform products cost run (New product/ECN/Routing change) and ensure accuracy, excluding annual cost run; working cross functionally determine root-cause and implement solutions.                                                                                                                                                                          
• Daily review scrap/warranty/miscellaneous inventory transactions application for account accuracy.                                                                                                                          
• Perform cost analysis (PPV/MPV/IPV analysis), explain the variance and ensure accuracy.                                                                                                                                               
• Working with warehouse for cycle count audit and result verification.                                                                                                                                                                           
• Monthly review cost saving calculation for accuracy, and working with respective departments explain the variance between with forecast and profit plan.                                                                                                                                                                                                                                                                                                                   
• Monthly review warranty and scrap actual result, and reserve accrual data as annual tack-on rate.                                                                                                                                                                                                                  
• Perform inventory monthly analysis by product line and distribute monthly reports, working with SCM to implement inventory control and aged inventory improvement.                                                                                                                                                                                                                            
• Perform monthly product end to end margin analysis and distribute reports to marketing team, explain the key customers margin variance increase or decrease reason or related project margin information to the management.                                                                                                                                                      
• Monthly verify STPO markup variance and ensure accuracy allocation between inventory and COGS.                                                                                                                                                                                  
• Working with R&D, engineer and production, prepare cost estimates for new products and formulations.                                                                                                           
• Develop BOM accuracy and communicate cross functionally for standard cost purposes.                                                                                                                     
• Monthly prepare costing related accounts balance reconciliation and continuously improve it.                                                                                                                                                        
• Involve in external and internal audit and provide costing related data and evidence accordingly.                                                                                                                 
• Actively participate in SAP system implementations, updates and reporting improvements.                                                                                                                                                                                                                                                                         
• Perform any other related jobs as required or assigned.  

Qualifications

Requirement:

• Bachelor degree in accounting/financial management
• Minimum of 6 years accounting or costing experience in the manufacturing plant of multi-national companies, experience in US GAAP.
• Requires excellent analytical, multi-tasking skills. Must have proficiency in  SAP system, Microsoft office programs.

#LI-JF3

We make what matters work. Everywhere you look—from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day—you’ll find one thing in common. It all relies on power. That’s why Eaton is dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters.

We are confident we can deliver on this promise because of the attributes that our employees embody. We’re ethical, passionate, accountable, efficient, transparent and we’re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters.

Job: Finance/Accounting

Region: Asia Pacific
Organization: PDD CPCD Circuit Protection and Controls Div

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?: No
Travel: No