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Eaton

Financial Analyst - Programs

Providence, RI

Eaton's Fluid Electrical Distribution Division of the Aerospace Group is currently seeking a Financial Analyst - Programs to join our team. This hybrid role may be located within 50 miles of any Eaton FED United States location (Jackson, MI, Torrance, CA, Rumford, RI, Bethel, CT, Glenolden, PA, or Beltsville, MD).

Position Overview:

This position is responsible for supporting the financial activities of the Program Management and Engineering functions for the Fluid and Electrical Distribution (FED) division. These responsibilities include, but are not limited to, program financial measurement and reporting, contract accounting, supporting new business proposals, and business partnering with engineering and program management to analyze and report cost drivers and spend activities for strategic development programs and R&D investments. This position will ensure that the tracking, reporting, and forecasting of Gross R&D and program expenses is completed on a monthly basis, and will work with the program managers, engineering, and local finance to understand all changes.

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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:

  • Monitor and communicate the program management spend for the division and provide the department with interpretation of variances from plan, forecast, or baseline targets.
  • Prepare monthly report out on all major programs. Including updates on IRR, NPV, shipset cost, and all spending variance analysis.
  • Business partner with program managers to control costs, maximize revenue from scope changes, ensure milestone invoices are raised promptly, mitigate risks, and manage the budget.
  • Complete Estimate to Complete calculations (ETC) when required by the contract and ensure these are reviewed and approved by division management.
  • Be an active participant in the pro-launch process and specifically support Pro-launch gate reviews and provide all necessary financial analysis in a timely fashion.
  • Assist in the preparation of strategic plans, annual profit plans, and monthly rolling forecasts for all major programs and for the Gross R&D budget within a portfolio of plants and programs.
  • Support proposal management by participating in the development of financial analysis for all new program business proposals, capital investments, and potential new product endeavors.
  • Assist Engineering and Program Management in the identification of financial risks and developing mitigation plans.
  • Identify opportunities for and implement improvements to PMO processes. This will include active participation in multiple cross-functional teams.
  • Serve as Oracle Time & Labor (OTPL) support for all NA sites ensuring timely and accurate reporting and forecasting of project spend.
  • Partner with Engineering to forecast and report progress on IR&D and Sustaining spend.

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

Qualifications

Required (Basic) Requirements:

  • Bachelor's degree in finance or accounting from an accredited institution
  • Minimum of two (2) years of experience in accounting/finance field.
  • This position requires use of information or access to hardware which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e., 'Green Card Holder'), Political Asylee, or Refugee
  • Legally authorized to work in the United States without company sponsorship now and in the future.
  • No relocation benefit is being offered for this position. Only candidates that currently reside within 50-miles of a FED US facility (Jackson, MI, Torrance, CA, Rumford, RI, Bethel, CT, Glenolden, PA, or Beltsville, MD) will be considered. Active-Duty Military Service member candidates are exempt from the geographical area limitation.

Preferred Requirements:

  • MBA from an accredited institution
  • CPA/CMA

Position Criteria:

  • Strong technical expertise (US GAAP/IAS) in accounting and finance, specifically in application to commercial/government long-term development and production contracts.
  • Experience in leading teams and managing multiple projects. Demonstrated strong verbal, written, and interpersonal skills with ability to establish effective cross-functional relationships.
  • Proven leadership and possession of problem-solving skills.
  • Knowledge of computerized accounting systems to include word processing, spreadsheet software and integrated ERP / accounting systems (i.e., Excel, Word, PowerPoint)
  • Working knowledge of SOP 81-1 and EITF 99-5

The expected annual salary range for this role is $101,775 - 149,270.

Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experiences, and qualifications as well as market and business considerations.

At Eaton, we know that good benefit plans 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 for work. Click here for more detail: Eaton Benefits at a Glance. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and applicability of collective bargaining agreements.

California Only: Eaton will consider for employment, qualified applicants with criminal histories in a manner consistent with the requirements of the FCIHO.

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 us at 412-893-3600 to discuss your specific need. Only accommodation requests will be accepted by this phone number. All other inquiries related to your job search will not be supported by this phone number.
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: North America - US/Puerto Rico
Organization: AER FED Fluid Electrical Distribution

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: Yes, 10 % of the Time

Client-provided location(s): Rumford, East Providence, RI 02916, USA; Glenolden, PA, USA; Beltsville, MD, USA; Torrance, CA, USA; Jackson, MI, USA; Bethel, CT 06801, USA
Job ID: Eaton-140528
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Adoption Assistance Program
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Casual Dress
    • On-Site Cafeteria
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Summer Fridays
  • Financial and Retirement

    • 401(K) With Company Matching
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)

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