What are the responsibilities and job description for the Financial Planning Analyst position at Eaton Corporation?
Eaton’s IS AER Fluid & Electrical Distribution Division ("FED") division is currently seeking a Financial Planning & Analysis (FP&A) Analyst.
This position can be located in Beachwood, OH, or one of our FED locations in Jackson, MI, Bethel, CT, Beltsville, MD, Middlesex, NC, Glenolden, PA or Rumford, RI.
The FP&A Analyst will be responsible for preparation and consolidation of financial forecasts, financial reporting and variance analysis, enabling strategic decision-making for the organization. This individual will be a key interface with the FED leadership team, supporting executive budget owners with reporting and analysis. This analyst will join a dynamic and engaged team of Finance professionals.
The expected annual salary range for this role is $93750.03 - $137500.04 a year.
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:
• Lead detailed review of the month end review Sales, Standard Margin & Orders reporting and related reporting and analysis for internal and external stakeholders. Perform variance analysis and deliver actionable data to leadership team. Signal risks and opportunities to achieving forecast and annual plan.
• Drive transparency on Sales and Orders YoY commentary for insights vs industry benchmarks
• Consolidate 17 sites’ financial forecasts and results, forecast division HQ, assess total division performance to annual plan and forecast in support of monthly, quarterly and annual cycles
• Support monthly management reporting process by reviewing key performance indicators with sites, contribute insightful commentary for presentation to leadership
• Analyze monthly operational and financial data, investigate variances, identify business drivers, and evaluate their impact on annual plan objectives. Prepare meaningful variance analysis commentary for management to track key variances from annual plan
• Deliver reporting requirements related to the FED Balance Scorecard (including Labor Productivity and Variable Spend analysis) and distribution of results.
• Serve as a financial business partner to budget owners in monthly Sales & Order forecasting, financial reporting & analysis, and annual development of detailed department budgets.
• Support and drive financial transformation in how we work. Identify harmonization opportunities for consistent reporting across the FED division. Drive process improvements through business partnering and influence.
• Drive automation of reporting processes leveraging: Oracle Planning and Power BI
• Provide support in gathering, analyzing, and consolidating the annual plan and Strategic Plan while serving as a liaison between the budget owners and finance.
• Foster an environment that promotes Eaton’s goals, philosophies, and encourages continuous improvement
• Complete all duties assigned by management and deemed pertinent to the continued success of Company and employee objectives and/or goals.
Qualifications:
Required (Basic) Qualifications:
• Bachelor’s degree in Accounting, Finance or Business from an accredited institution.
• Minimum of five (5) years of finance experience in a Manufacturing environment required.
• Must be legally authorized to work in the United States without company sponsorship, now or in the future.
• 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.
• No relocation benefit is being offered for this position. Only candidates within 50 miles of Jackson, MI, Bethel, CT, Beltsville, MD, Middlesex, NC, Beachwood, OH, Glenolden, PA, or Rumford, RI will be considered. Active-Duty Military Service member candidates are exempt from the geographical area limitation.
Preferred Qualifications:
• Master’s Degree in Business Management from an accredited institution.
• Minimum of eight (8) years experience in finance.
Position Success Criteria:
• Strong communication skills
• Knowledge and understanding of corporate, division, and plant reporting policies and key measurements.
• Strong verbal, written and interpersonal skills – ability to establish and work cross functional relationships.
• Proven leadership and possession of problem solving and analytical skills.
• Proven technical skills with an emphasis on Excel and the MS Office suite
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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 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.
Salary : $93,750 - $137,500