Finance Director - Global Operations to CIO (Cleveland, OH)

| Cleveland, OH
Apply Now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.
Job Summary

As a key member of the CIO leadership team, this role advises and makes recommendations to the CIO on all financial aspects of the IT strategy and decision making around the investment portfolio. This role maintains controllership of CIO's financial and accounting activity globally for the central operations of Enterprise IT totaling $450M with the largest concentration of spend and headcount in the United States and India. In addition, this position will have accountability to collaborate with the businesses and corporate functions to drive assessment of strategic allocation of investments across IT.

Job Responsibilities
  • Partner with the SVP/CIO in developing IT goals, strategies, and performance measurements in support of Eaton's overall corporate objectives.
  • Serve as a financial advisor to the IT executive leadership team by seeking opportunities and improvements in the areas of process improvement, organizational development, and cost reduction
  • Through active participation in supplier negotiations, provides financial analysis and recommendations on the selection of the most appropriate vendor agreements including lease / buy analysis as appropriate
  • Drives both standard cost and benefits accountability for IT investments and reports back to businesses and corporate on progress
  • Works with the CIO to understand IT activity across the company ensuring solution adoption and spend transparency.
  • Subject matter expert in software accounting including the centralization of the preparation of software capital appropriation requests and leads the reviews for sound benefits realization with operations
  • Manages team responsible for-profit plans, strategic plans, monthly forecasts, goals & objectives for CIO's enterprise budget totaling $450M in expense
  • Consolidates worldwide IT financial information for review with senior IT leadership and sector management
  • Partner with transfer pricing and government accounting teams to provide appropriate documentation and allocations across the enterprise
  • This role will partner closely with business and functional leaders to impact and drive operational excellence in IT. Specifically:
  • Driving standard practices, performance enhancement, and capital deployment across all our operational IT areas.
  • Develop strong working relationships with operational leaders.
  • Partner closely with Global Financial Shared Services team to optimize utilization of shared services.
  • Drives clear budget/actual/forecast monthly performance for budgets across IT.
  • Assist with managing our IT function like a business by deploying tools with clear results, measurement and strategy alignment.
  • The creation of the process and execution of an enterprise-wide approach to IT portfolio/investment prioritization (zero-based budgeting).

Qualifications

Education level required

Bachelor's Degree in Finance, Accounting or Business Administration from an accredited institution.
Master's degree in Finance, Accounting or Business Administration preferred.

Years and area of experience required
  • Minimum 10 years of experience leading people.
  • Minimum of 10 years of progressively complex accounting/finance or business analysis experience, including large business/group experience, US GAAP, international accounting standards

Technical knowledge

Skilled in general, managerial, cost, and corporate accounting practices understanding of statistical techniques and financial relationship
  • Expertise in software accounting
  • Knowledge on transferring pricing strategy
  • Knowledge of process improvement techniques
  • Ability to prioritize and multi-task to resolve issues
  • High standard of customer service/support
  • Understanding of Sarbanes-Oxley and other Eaton accounting policies and procedures
  • Proficient in Microsoft Office

Soft skills
  • Demonstrated leadership skills
  • Ability to observe, evaluate, summarize, and communicate highly complex issues and make decisions based on those observations
  • Excellent interpersonal and communication skills in order to interact effectively and influence employees at all levels within the organization
  • Ability to work with employees of diverse cultures
  • Sense of urgency, drive for results, and a focus on accuracy, integrity, and ethical behavior

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: Corporate Sector

Job Level: Director
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
More Information on Eaton
Eaton operates in the Energy industry. The company is located in Syracuse, NY, North Charleston, SC, Glendale Heights, IL, Tualatin, OR, Shawnee, OK, Raleigh, NC, Fayetteville, NC, Smyrna, GA, Arden, NC, Moon Township, PA, Beachwood, OH, Cleveland, OH, Southfield, MI, Grand Rapids, MI, South Bend, IN, Menomonee Falls, Village of, WI, Eden Prarie, MN and Mountain Home, AR. Eaton was founded in 1911. It has 51594 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 254 open jobs at Eaton, click here.
Read Full Job Description
Apply Now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.

Similar Jobs

Apply Now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.
Save jobView Eaton's full profileFind similar jobs