Eaton's Electrical Sector - Energy Solutions and Services (ESS) Group is seeking a Strategic Finance Manager to join our Distributed Information Technology (D-IT) Division. The preferred location for this position is Woodridge, IL (Chicago area), but candidates within 50 miles of Beachwood, OH or Moon Township, PA could be considered. Relocation assistance is available to Woodridge, IL only. Travel is expected to be around 10%.
We at Eaton are innovating future products with a focus on global sustainability megatrends: Energy Transition, Electrification, and Digital Enablement. We have taken strides to ensure that our functional teams are continuously adding value to our business and driving business results. As Strategic Finance Manager, you will be responsible for managing a team of finance professionals who partner with the commercial and operations teams of the Distributed IT division. These areas span between Product Management, Sales, Marketing, Supply Chain, and R&D. This position reports to the D-IT Finance Director.
You will be responsible for overseeing activity that allows in-depth analysis to be performed at a divisional level, supporting general manager and department head level requests. You will utilize a technology based approach to provide insights and recommendations to the functions they support, steering decisions to align with objectives of the division.
What you'll do:
Provide financial analysis, insight, interpretation, and communication to senior management of our product lines recommending & driving actions for improvement with sales and strategic capital investments. Define and measure key performance indicators and consolidated reporting to identify trends, opportunities and areas of improvement to drive accountability.
Partner with the leadership team and functional directors to drive change and deliver results to meet strategic objectives and annual business goals. Be a business partner for Sales/Marketing and Operations leaders to provide insightful analysis/reporting/consolidation in support of sales profitability and capital investments
Provide leadership to management in driving profitability optimization with sales and division investment portfolio. Support to business development/strategic investment projects, due diligence and additional ad hoc projects as it relates to sales profitability and capital investments
Coordinate business level planning and reporting activities including profit and strategic planning, and operating review requirements for Order Entry, Sales (including Price/Mix) and capital in partnership within the division structure
Advise marketing and operations directors in analyzing ROI and building strong business cases for customer and investment portfolios
Partner with the finance director and division leaders to mitigate potential financial pitfalls and turn them into opportunities through scenario analysis and forecasting.
In partnerships with business marketing, establish & maintain adequate commercial reporting by Customer and by Product providing clarity and accuracy of price/mix. In partnership with business operations, establish & maintain adequate capital reporting and manage portfolio consolidation and allocation
Highly collaborative and integrated within the division working cross functionally with business and finance teams. Mentor and provide guidance to functional finance team including FPA
Coordinate business level planning and reporting activities including monthly results, rolling forecasts for Order Entry, Sales (including Price/Mix) and capital
Finance Transformation: Play an active role in supporting the finance team through Finance Transformation activities and through the evolution of commercial finance and business partnership
Lean on technology to ensure speed, accuracy, and accountability for the functional areas you serve. You'll be in the driver seat and it is expected you go beyond simply supporting your team, you'll be delivering results.
Qualifications:
Required (Basic) Qualifications:
Bachelor's degree from an accredited institution
Minimum 8 years' work experience in finance or business
Must be legally authorized to work in the United States without company sponsorship now or in the future.
Preferred Qualifications:
Previous experience in business level planning and reporting activities for a top tier organization, P&L, or business unit
Experience within a best-in-class finance function within a multinational, matrixed organization
Electrical/power distribution or other related manufacturing industry experience
Experience in providing analysis, recommendations, and communication to senior leadership.
Comprehensive knowledge GAAP, Sarbanes Oxley, and Managerial Accounting helpful
Skills:
Ability to understand and communicate financial concepts to non-financial professionals
Detail-oriented with effective organization and time management skills
Highly motivated, highly analytical and self-starter
Strong financial acumen and business partnering skills
Strong presentation skills and comfort interacting with professionals at all levels
At Eaton, we strive to provide compensation and benefits that attract, engage, and retain the best talent. This includes competitive pay and a variety of benefit programs for eligible employees. The expected annual salary range for this role is $141000.03 - $206800.04 a year. This role is also eligible for a variable incentive program. 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.
We are 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.
Eaton believes in second chance employment. Qualified applicants with arrest or conviction history will be considered regardless of their arrest or conviction history, consistent with the Los Angeles County Fair Chance Ordinance, the California Fair Chance Act and other local laws.
You do not need to disclose your conviction history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if Eaton is concerned about conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.
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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 (https://www.youreatonbenefits.com/candidates) 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.
