Senior Cost Accounting Analyst
Eaton's ES AMER ARS division is currently seeking a Senior Cost Accounting Analyst.
What you'll do:
Eaton is seeking a Senior Analyst to Support Cost Accounting within the Operations of Electrical Sector - Americas. Location for the Analyst who is flexible and serves as the finance business partner for the Cost accounting function for ES-A in Puerto Rico and Haina, providing timely and accurate financial information and direction to drive management action. The Senior Analyst is responsible for striving consistently to elevate the standards of the Cost Accounting Center of Excellence. Aspiring for the role to take pride in the COE and play a pivotal role in business decision making.
Position Overview:
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, every day. It's where bold, bright professionals like you can reach your full potential-and where you can help us reach ours. This is a unique opportunity to lead the efforts of ensuring cost management practices comply with internal policies and external regulatory requirements. Track and manage financial transactions to provide reasonable assurance that costs are accurately estimated, accumulated and reported appropriately.
Essential Functions:
When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we- as individuals and as a company - are stronger.
• Import and analyze data from plant ERP systems to calculate updated direct labor, material, and overhead rates.
• Benchmark costs against historical results and industry standards to ensure accuracy and reasonableness.
• Collaborate with plant Supply Chain Management (SCM) and Operations teams to finalize cost standards monthly and in support of annual full cost roll.
• Implement and maintain uniform costing methodologies for material, labor, and overhead across all sites.
• Ensure costing methods comply with Eaton Financial Policy and corporate guidance.
• Update standard costs for purchased and manufactured parts and perform detailed accuracy reviews.
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• Verify alignment and integrity of standard cost data across all ERP and financial systems.
• Import and review ERP data comparing standard versus actual costs for material, labor, and overhead.
• Analyze Material Price Variance (MPV) and categorize variances by site and drivers.
• Compare labor rates as a percentage of material costs against plan, including Engineer to Order (ETO) environments where applicable.
• Partner with Finance and cross functional stakeholders to communicate cost drivers and support business decision making.
• Provide consultation and guidance on Physical Inventory (PI) practices as needed.
Qualifications:
Basic Qualifications:
• Bachelor's degree from an accredited institution is required.
• Minimum of 3 years' experience in cost/Manufacturing accounting is required.
Preferred Qualifications:
• Manufacturing experience strongly preferred.
• Comprehensive knowledge of corporate financial policies, procedures, and systems.
• Systems skills/experience desired: Oracle Financials, Mapics ERP, SAP, VISTA.
• Intermediate to expert level proficiency in Microsoft Excel and PowerPoint.
• Fluent in English
Skills:
Position Criteria:
• Strong manufacturing accounting background and solid understanding of financial accounting systems
• Problem-solving capability
• Technical capability to prepare, review, and interpret financial and operations data/reports
• Solid working knowledge of General Accepted Accounting Principles (GAAP)
• Effectively leverages functional and cross-functional resources to solve problems, improve processes and meet goals.
• Ability to handle multiple priorities against multiple deadlines.
• Strong analytical and organizational skills.
• Ability to adapt well to changes.
• Strong attention to detail and accuracy.
• Demonstrated strong oral and written communication skills are required.
• Proven commitment to meeting deadlines.
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 job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, colour, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.
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)