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Eaton
Woodridge, IL | Full Time
$222k-301k (estimate)
0 Months Ago
Director of Finance
Eaton Woodridge, IL
$222k-301k (estimate)
Full Time | Durable Manufacturing 0 Months Ago
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Eaton is Hiring a Remote Director of Finance

Position Overview:

Eaton Corporation is currently seeking a Director of Finance. This position reports directly to Distributed IT SVP/GM and functionally to the Vice President – Finance, Critical Power and Digital Infrastructure - Americas. This position will be based in our Woodridge, IL location.

The Director of Finance provides strategic, analytical, and tactical leadership and support to the Distributed IT (D-IT) business SVP/GM, as well as Service and Plant Controllers to maximize profitable growth, and conform to corporate financial policies, legal requirements and GAAP. The position manages all financial aspects for the division, including monthly financial reporting, financial forecasts and plans, strategic financial plans, financial decision modeling and analysis, financial policies and procedures, and provides advice and counsel to the division leadership team and finance function.

Essential Responsibilities:

  • Support the division SVP/GM with the financial and operational analysis, and partner with their teams in achieving objectives. Manages the month end close, forecasting, annual profit plan, and strategic plan for the division.
  • Assure the existence and competency of financial systems and procedures to comply with GAAP, Sarbanes Oxley requirements, and corporate policies and procedures to guarantee the integrity of financial reporting.
  • Drive financial process and systems improvements to ensure the integrity of financial results and to improve efficiencies
  • Provide guidance and support in the consolidation, reporting and analysis of monthly results and forecasts, including appropriate commentary to the Division, Group, Sector and Corporate leadership teams. Highlight areas of concern and recommend improvement actions.
  • Perform special analyses to support strategic business decision making. This can include financial analysis in support of strategic initiatives, capital investments, changing business models, acquisition activity, make vs. buy analysis, pricing models, etc
  • Recommend, review and provide input to Corporate and Sector on changes to Financial Policies and Procedures. Lead the development of Distributed IT specific policies where required.
  • Lead the division profit planning process to orchestrate the efforts of the business and plants planning teams to develop a solid plan with all required presentation materials for Group and Sector review. Support the preparation of the Strategic Plan financials.
  • Interface actively with the business and plant finance leaders, division, group, sector and corporate finance teams (tax, audit, treasury, etc), Distributed IT and Critical Power and Digital Infrastructure - Americas Senior Leadership Team.
  • Provide leadership to the Distributed IT finance organization in recruiting and developing top talent. Coach and mentor high potentials within the organization.
  • Evaluates capital appropriation request and works with the businesses and plants to ensure documents meet all corporate requirements and clearly articulate capital requirements and associated benefits to the organization.
  • Provide leadership to the remaining Tripp Lite integration activities.
  • Leads the operating reviews with the Distributed IT and Critical Power and Digital Infrastructure - Americas Senior Leadership Team and Electrical Sector Leadership.

Position Criteria:

  • Progressive work experience in industrial manufacturing and strong standard cost accounting skills
  • Working knowledge of sourcing and manufacturing practices and performance measurement followed by Operations personnel
  • Ability to operate across, and influence within a complex matrixed organizational structure
  • Thorough knowledge and understanding of accounting principles and concepts, including pronouncements of external regulatory bodies such as Financial Accounting Standards Board, SEC, IRS, IASB, etc.
  • Broad experience with an internal controls environment including knowledge or GAAP an Sarbanes Oxley requirements
  • Proven experience in budget preparation and budget presentation skills
  • Ability to upgrade the organization through the infusion of top talent, through both the selection of new employees and the development of current employees
  • Effectively drives and manages change, challenges the status quo and champions new and innovative ideas
  • Demonstrates professional presence, communicates articulately and confidently
  • Acts as a business partner and provides thought leadership

Qualifications

Basic Qualifications:

  • Minimum of 8 years of progressive experience in Finance
  • Ability to work in the US without company sponsorship
  • Minimum of 4 years of leadership experience

Preferred Qualifications:

  • Prior experience in managing a financial organization within a manufacturing or service environment
  • Demonstrated leadership capability, ability to build and develop teams, excellent communication skills

Education:

  • An undergraduate degree from an accredited institution is required
  • An advanced degree is preferred

Compensation:

  • Eaton recognizes this role as a critical position within the corporation and will create a compelling package consisting of a base salary, employee incentive compensation and complete benefits

Location:

  • This position will be based in Woodridge, IL

ABOUT EATON:

Why Work At Eaton:

https://www.eaton.com/content/dam/eaton/company/careers/whyworkateatonflyer/Why-Work-at-Eaton-Flyer-boxes.pdf

2022 Annual Investor Conference:

https://www.eaton.com/us/en-us/company/investor-relations/investor-toolkit/financial-reports/annual-investor-conference.html

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: CPDI TL


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, 25 % of the Time

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$222k-301k (estimate)

POST DATE

05/18/2023

EXPIRATION DATE

06/06/2024

WEBSITE

eaton.com

HEADQUARTERS

HICKSVILLE, NY

SIZE

500 - 1,000

FOUNDED

1911

CEO

LISA GOODMAN

REVENUE

$200M - $500M

INDUSTRY

Durable Manufacturing

Related Companies
About Eaton

*Planes. Hospitals. Factories. Data centers. Vehicles. The electrical grid. These are things people depend on every day. And the companies behind them depend on Eaton to solve some of the toughest power management challenges on the planet. Eatons 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. Eatons 2020 revenues were $17.9 billion, and we sell prod...ucts to customers in more than 175 countries. We have approximately 92,000 employees. For more information, visit www.eaton.com Eaton is an Equal Opportunity and Affirmative Action Employer. Eaton is 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. More
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

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