We are currently seeking a Finance Leader - Procurement to join our global Corporate Finance team. The preferred location for this position is our corporate office in Beachwood, OH (Cleveland area) but could also be based at our Moon Township, PA (Pittsburgh area) location. Candidates must be local and commutable to these locations as relocation assistance is not available. ~10% travel is expected.
The expected annual salary range for this role is $146000 - $215000 a year. This position 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.
What you'll do:
As the Finance Leader for Global Procurement, this role will be the Finance Leader and Finance Business Partner for the Global Procurement Organization (GPO) and Business SCM teams, with a focus on $12B+ spend oversight. This role will support and partner with the teams to implement, support negotiations, track progress, and achieve Business and Category strategies, supplier monitoring and development, and aid in any process optimization leading to overall value realization within Procurement across Eaton. This role is part of the newly created Operations Finance organization within the Supply Chain Finance team and will be expected to work cross functionally across the organization to analyze data and identify opportunities for improvement throughout the Procurement supply base (profitability, cash flow, resiliency, lead times, quality).
Partner with the GPO and Business teams to ensure Category strategies are developed and implemented for Direct Materials, Indirect Materials, and Logistics.
Lead a team of high-level finance analysts to provide in-depth details and strategies that create alignment with the businesses for all categories around risk, opportunities, and performance.
Identify specific opportunities and actions by leveraging SCM tools, such as should cost and total cost of ownership, to drive accountability and execute actions across the Enterprise.
Partner with GPO, Business SCM, and Project Management teams to manage the project pipeline and project hopper progression, ensuring financial commitments are achieved.
Lead efforts in determining and achieving targets for the annual Profit Plan, including setting specific goals and objectives for each Business and Category regarding Cost Out, Payment Terms, and Inflation Mitigation.
Coordinate and lead monthly Actual and Forecast reviews with the GPO and Business SCM teams concerning supplier and category cost out, payment term performance, and economic impacts.
Develop and maintain meaningful and actionable reporting on performance, including spend (purchases, receipts, invoices paid), cost out, supplier price increase requests, payment term progression, resiliency, and compliance to policy and programs at the Business and Category levels.
Support and partner with applicable teams to implement and update policies, procedures, systems, and programs.
Qualifications:
Basic Requirements:
Bachelor's Degree from an accredited institution required
Minimum of 7 years of professional experience in progressive Finance roles
Experience as a finance business partner in a complex, best-in-class finance function
Minimum 3 years of experience managing people
Eaton will not consider applicants for employment immigration sponsorship or support for this position. This includes no support for CPT, OPT, STEM OPT plans, F-1 to H-1B, H-1B cap registration, O-1, E-3, TN status, I-485 job portability, etc.
Preferred Requirements:
Bachelor's Degree in Finance or Economics preferred, from an accredited institution
Master's Degree in Business Administration from an accredited institution
Experience supporting a supply chain or procurement organization as finance partner
FP&A and finance operations experience, including cost accounting and productivity analysis
SAP and Oracle experience preferred
Experience within a global or multinational manufacturing company
Plant-level operations finance experience helpful
Skills:
Strong analytical skills and a continuous improvement mindset
Excellent interpersonal communication and project management abilities
Proven cross-functional collaboration and change management skills
Thorough understanding of financial business processes
Demonstrated problem-solving skills, including the ability to identify strategic approaches for proactive solutions
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.
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 (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.
