Eaton's Electrical Sector - ARS division is currently seeking a Plant Finance Manager. This position provides onsite financial leadership to the Lincoln, IL manufacturing location, serving as a business partner and change agent to drive continuous improvement actions and achieve overall plant targets. This role connects finance processes with operations, providing guidance, driving actions, and offering financial insights to ensure operational strategies and decisions lead to the expected results.
Relocation assistance is available to candidates who currently reside in the US. The expected annual salary range for this role is $130,000 - $190,000 a year. This position is also eligible for a variable incentive program. Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations.
What you'll do:
- Financial Analysis: Analyze and validate financial data and performance metrics, including sales, production mix, variances, variable, fixed costs. Additionally reviewing transactions related to operations, to identify trends, opportunities, and areas for improvement. Drive accountability for results and define key performance metrics together with business leaders.
- Decision Support: Provide financial insights and analysis to support operational decision-making, such as evaluating capital deployment opportunities or new projects.
- Driving Initiatives (including CAPEX and WORKING CAPITAL) and Influence Changes: Ensure productivity improvements and growth in areas such as operational excellence, continuous improvement, quality, and supply chain management.
- Collaborative Planning: Work closely with the operations team to develop action plans, strategies, and initiatives based on financial insights. Drive and monitor the implementation of the plans.
- Financial Modeling: Create financial models to assess the impact of various scenarios on operational performance.
- Risk Management: Identify financial risks within the operations and propose mitigation strategies.
- Performance Tracking: Monitor key performance indicators (KPIs) and operational metrics to evaluate performance against targets.
- Cost Management: Monitor and manage operational costs to achieve efficiency and cost reduction, while maintaining accuracy and updates in the ERP system.
- Inventory Management: Implement inventory control actions and initiatives to impact operational profitability while maximizing cash. Accountable for inventory value and accuracy, physical inventory, and cycle count activities coordination.
- Forecasting: Lead the main financial processes for the site, such as forecasts and profit plans.
- Cost Accounting: Analyze and interpret financial data related to the costs incurred by the company during its operations, with the primary objective of providing valuable insights to management, enabling informed decisions regarding cost efficiency, pricing strategies, and overall financial performance.
- Acts as a Liaison: With the Finance transformation organization: North America Controllership (NAC), Global Financial Shared Services (GFSS), Global Payroll (PtP),
- Financial Planning & Analysis (FP&A):
- Talent Management: Build organizational capability through successful hiring, talent development, and succession planning in the business.
- Lead and Support: Support Leadership Team requirements
- Partner with operations and supply chain in the SIOP (Sales inventory operations planning) process for monthly, quarterly, annual production and cost planning for the site.
- Manage and track COGS and ensure absorption value meets the financial plan/forecast.
- Support MRP development for future improvements.
- Support change managment process for facility and product improvements.
Qualifications:
Basic (required) Qualifications:
- Bachelor Degree in finance, business administration, accounting or other related area from an accredited institution.
- Seven (7) years of progressive experience in cost accounting/finance.
- Two (2) years of experience directly leading people.
- Previous experience working in or supporting a manufacturing, distribution, or similar organization.
- Eaton will not consider applicants for employment immigration sponsorship or support for this position. This means that Eaton will not support any CPT, OPT, or STEM OPT plans, F-1 to H-1B, H-1B cap registration, O-1, E-3, TN status, I-485 job portability, etc.
Preferred Qualifications:
- Master's degree in accounting or finance from an accredited insitution.
- Advanced computer knowledge with any of the following systems: Microsoft office 365 tools, Oracle, ENCORE, prefer PBI, AS400, SAP, MAPICS, Vista.
- Advanced knowledge in: Auditing & DR Accounting Principles, dual currency accounting management, cost accounting general knowledge.
Skills:
- Ability to understand and communicate financial concepts to non-financial professionals.
- Detail-oriented with effective organization and time management skills.
- Highly motivated, highly analytical and self-starter.
All positions may require participation in video and in-person interviews as part of the hiring process. All candidates will be evaluated based on job-related competencies, and all candidates' privacy rights and data security will be protected in accordance with applicable laws.
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 believes in second chance employment. Qualified applicants with arrest or conviction history will be considered regardless of their arrest or conviction history, consistent with the Los Angeles County Fair Chance Ordinance, the California Fair Chance Act and other local laws.
You do not need to disclose your conviction history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if Eaton is concerned about conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.
To request a disability-related reasonable accommodation to assist you in your job search, application, or interview process, please call us at 1-800-836-6345 to discuss your specific need. Only accommodation requests will be accepted by this phone number.
We know that good benefit programs are important to employees and their families. Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away from work. Click here for more detail: Eaton Benefits Overview. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.
