Eaton’s Corporate Sector division is currently seeking a Global Financial Accounting Manager.
Job Summary
- Provide leadership to and manage all the accounting activities and resources of Electrical Sector for Global Financial Accounting (GFA), Queretaro and further grow the Electrical vertical as per roadmap. Deliver exceptional customer service and maintain & promote an effective internal control environment and build organizational capability.
- This leadership position has the overall responsibility to manage the operational performance of Electrical sites in Mexico and CAC region including month close, variance analysis, compliance (reconciliations), manufacturing financial insights and agreed upon business metrics per site. This role will support by working closely with the business and NAC Divisions/Controller in developing forward-looking insights to drive management decisions, actions and improve operational and financial results. It provides proactive leadership around issues and opportunities with problem solving, solutions-oriented approach.
- The RTR Electrical Manager provides technical competency to ensure compliance with corporate financial policies, various accounting policies (US GAAP) and internal controls (SOX).
- This position is responsible for building organizational capability within the finance function by hiring and developing finance personnel in the Electrical Sector RTR team.
Job Responsibilities
Management of End-to-End Services for Electrical Sector.
- Ensure monthly closure of books within the timelines set. Ownership of account reconciliation process to maintain integrity of general ledger and its supporting sub-systems. Assess adequacy of reserves and overall financial reporting.
Process Focus - Obtain and maintain a thorough understanding of the financial reporting and processes (RTR, OTC& PTP) with due focus in managing end-to-end accounting in the RTR function.
Ensure an accurate and timely book close: monthly, quarterly and year end. Also, ensure the timely reporting of all monthly financial information including performing variance analysis.
B. Drive a lean culture through use of Lean tools – Six Sigma, BPIs (Business Process Improvement), KPI’s etc. and through use of technology like RPA, Digital Tools), etc.
C. Develop and actively strengthen business partnerships with key stakeholders and customers. Drive customer engagement and customer satisfaction on a regular basis. Responsible for customer service levels, establishing and renegotiating service level agreements and leading “Improvement Agenda” reviews. Collaborates with stakeholders to support overall goals and objectives and function as a “business partner”. Work closely with Plant Finance/ Division Controller, Global Process Owners and Delivery Leaders on inquiries, special reporting requests and the like. Ability to cut across functions and drive cross functional initiatives which contribute to ultimate Eaton Goals.
D. Ensure integrity and accuracy of all information reported to internal and external customers. Promote quality culture within the GFA, Queretaro through focus on reducing cycle times and cost outs and zero internal audits and external audits gaps.
E. Collaborate and Lead ad hoc projects to drive business and customer experience, including appropriate ERP implementations and system upgrades, business development initiatives such as new business opportunities (and possibly financial review of development contracts and appropriate revenue recognition and project accounting (as applicable).
Effective Teaming with Transactional Accounting services (PTP, OTC) to drive process/business improvement that adds organizational value and customer experience.
G. Quality Focus – Drive and leverage various systems and tools to automate processes and drive improvements. Encourage use of digital tools to improve efficiency.
H. Continuous Improvement – Demonstrate a practical approach to continuous improvement of the processes which directly manage the delivery of our services. Improve formalized standards and procedures in using new
technologies and facilitate others in learning new technologies. Proactively seeks and acts in ways to positively promote and foster initiative in own team and other departments of the organization.
What You'll Do
Ensure Compliance
- Promote and maintain an effective Internal Control environment that supports compliance with both US GAAP and all local & statutory requirements in all countries supported by GFA, Queretaro (Mexico, Costa Rica, Puerto Rico, Panama and Dominican Republic). This includes compliance with all the requirements of Sarbanes Oxley (SOX).
- Establish, monitor and maintain a system of internal controls that safeguards company assets and provides for integrity and propriety of financial transactions and activities. Compliance with corporate policy, including SOX.
- Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with generally accepted accounting principles and local statutory requirements. Provide accounting support with Tax and Accounting statutory filings and requirements.
People Management
- Provide adequate training and oversight to all finance personnel to ensure account reconciliations meet Eaton’s requirements. Provide leadership and support for the Balance Sheet Review process.
- Build Organizational Capability: Attract and select talent to meet current and future business needs, develop employees to meet organizational goals as well as career goals, and build effective teams that apply diverse skills and backgrounds to achieve organizational objectives. Foster employee involvement in continuous improvement efforts, by empowering teams.
- People Management: This position would be responsible for managing a highly skilled & talented team with responsibility for mentoring and developing talent.
- Focus on employee engagement and retention of key personnel. Drive initiatives and activities to enable high degree of employee satisfaction.
- Ensure that highest ethical standards are maintained.
Qualifications
- Bachelor’s degree in accounting or equivalent.
- Requires minimum of +7 years of experience in accounting processes and in managing leader of leaders.
Technical knowledge - Understands financial accounting requirements under US GAAP, MX GAAP and Eaton Financial policies - provides and seeks opportunities to improve results through cost reduction, improved efficiency - Ensures Center's Financial integrity and internal controls are intact Knowledge of financial accounting requirements under US GAAP, MX GAAP and Eaton Financial policies - Resourceful in assessing the growth opportunities and applies strong business judgement to convert it Knowledge of financial accounting requirements under US GAAP and Eaton Financial policies - Understands Lean concepts appropriately to drive improvements Knowledge of financial accounting requirements under US GAAP and Eaton Financial policies - Understands the customers and measures their satisfaction
Skills
- Business acumen, Strategic agility, Managing and measuring work, develops leaders of leaders.
- Acts as a business partner; sees the big picture and works through ambiguity and change
- Problem Solving - use rigorous logic and methods to solve difficult problems, able to see hidden problems
- Leadership and sense of urgency: ability to drive to positive results in a complex environment
- Demonstrated success working through others to achieve outstanding results
- Individuals must demonstrate leadership and ability to drive change in a complex organization
- Motivating others - creates a climate in which people want to do their best
- Strategic Agility - sees ahead clearly; can create competitive and breakthrough strategies & plans
- Customer excellence focus - ensuring customer satisfaction is achieved and continuously maintained
- Encouraging digital mindset in team to develop solutions and ideas enabling digitization culture
- Influencing organization and team to achieve short- and long-term change management goals
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 based on their age, color, 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.
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.
