Eaton's Electrical Sector is currently seeking a Senior Financial Cost Analyst to join our team. This position is based at our Lincoln, IL location. Relocation Assistance will be provided.

Position Overview:

Responsible for all cost accounting activity which includes physical inventory, inventory control, forecast, reporting, and cost revisions.

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 and every day. It's where bold, bright professionals like you can reach your full potential-and where you can help us reach ours.

In this function you will:

• Work as a team with the other accountants.
• Coordinate the monthly cost roll-up. This involves communication with engineering and purchasing to ensure that all products have proper bills-of-materials and labor routings.
• Work closely with coordinators and materials planners to foster good inventory control and minimize exposure to excess and obsolete inventory caused by major and incremental product redesigns.
• Responsible to plan, provide training, conduct, and reconcile the physical inventory. Responsible for ensuring daily accurate inventory balances with minimal physical inventory variation.
• Work closely with controller, other accounting staff and others in plant in developing new labor and overhead rates. Leads the annual cost revision process with input from the controller.
• Works with team members in Pune, India who perform daily and repetitive tasks for Lincoln
• Provide support for various cost analyses in conjunction with the Lincoln engineering personnel.
• Responsible for determining accurate billings and maintaining control over consignment inventory.
• Reconciles Accounts Payable Liability GRNI account to ensure all expenses are properly reported.
• Works closely with the controller and other staff to properly report and input cost savings information.
• Maintains E&O reserve analysis, ensuring the plant is properly reserved.
• Responsible for participating in the plant EHS initiatives
• Supports internal and external audits, assessments, and year end reporting as necessary.

When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we - as individuals and as a company - are stronger.

#LI-LD1

Qualifications

Required (Basic) Qualifications:

• Must have a Bachelor's degree in Accounting or Finance is required
• Minimum of two years' experience in financial/general accounting is required

Preferred Qualifications:

• Must have a working knowledge of corporate systems Oracle, Mapics, Vista, and Encore. Must have a strong working knowledge of Excel and strong personal computing skills.
• Must be knowledgeable about the Oracle journal entry procedures, report writing, and Accounts Payable.
• Strong managerial and interpersonal skills are required, enabling the incumbent to deal with multiple high priority projects.

Position Criteria:

• Responsibilities include conformance to Environmental Management System requirements.

We provide benefits that are industry competitive and focused on employee well-being. Listed below are programs that are offered globally, but program availabilities may vary by site.

• Flexible work options to help balance work/life demands (at participating Eaton sites)
• Healthcare/retirement savings programs
• Competitive compensation packages to reward skills and performance
• Tuition assistance or financial help for ongoing learning and development
• Health, Dental, Vision & Wellness programs
• Donation matching (U.S., Canada, Puerto Rico)

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.

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 412-893-3600 or send an email to: [email protected]

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: North America - US/Puerto Rico
Organization: ES CRDS RESI Residential

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: Yes, 10 % of the Time