What you'll do:
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Primary functions:
• Process Centric - with thorough understanding of the financial processes (RTR, OTC & PTP) with due focus on RTR in managing end to end accounting for Aerospace sites. Responsibilities include ensuring an accurate and timely monthly, quarterly and year end close. Demonstrate efficiency, agility and ensure a high level of accuracy. Provide business partnership to all areas of plant with regard to functional expertise and cross-functional support, providing guidance and education as needed to plant personnel to achieve financial objectives.
• Control & Compliance - Responsible for the implementation and deployment of actions to ensure an adequate environment of internal control. Provide compliance with Sarbanes-Oxley and all applicable statutory requirements as they apply to their areas of responsibility. Active leadership required to ensure compliance is maintained for all financial activities, as well as the safeguarding of plant assets in compliance with corporate policies and procedures.
• Quality culture: Drive and leverage various systems and tools to automate processes and drive process improvements. Must use quality tools like BPI, EBE, etc.
• Process Standardization: Regular review of existing controls and Governance of the standard processes and ensuring alignment to globally defined SSC processes
• Continuous Improvement- Demonstrate a practical approach to continuous improvement of the processes.
• Customer Focus & Meet and exceed customer expectations - Develop Customer facing KPIs, periodic meetings to discuss performance and monitors closely to close out open issues.
• Documentation, including maintenance of appropriate review documentation and audit trails
Functions:
A. End to End Accounting:
• Possess a good knowledge and experience of financial accounting and reporting standards.
• Perform various month end close activities (incl. calculation and preparation of various journal entries, reconciliations, reporting & analysis and compliance related activities etc.) with emphasis on accuracy, attention to detail, and properly supported balances. Partner with sites regarding account variances, account aging and recommend actions to resolve
• Preparation of Monthly/quarterly and annual RSD schedules with necessary workings.
• Support the site in their Statutory Audit, Annual DSA, SOX audit and second level balance sheet reviews.
• Support the site in the preparation of the annual profit plan, by way of preparing various schedules.
• Prepare and lead project plans to execute improvements. drive efficiencies and innovation.
• Preparation of on-going monthly and periodic financial reports
• Analyze operational and financial data, investigate variances, identify business drivers and evaluate their impact on planned objectives
• Build scalable and capable organization to deliver quality services. Mentor and guide team in additional analysis as assigned.
B. Work in a team environment to drive improvement in financial processes through tools/systems, automation, leverage best practices and standardization.
C. In Eaton, making our work exciting, engaging, meaningful; ensuring safety, health, wellness; and being a model of inclusion & diversity are already embedded in who we are - it's in our values, part of our vision, and our clearly defined aspirational goals.
Qualifications:
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Accounting Degree (CA), MBA-Finance or B.com. (Accounting) with required experience.
Must have an end-to-end process knowledge for GL/FA and good understanding of OTC and PTP encompassing overall accounting as the area.
Proficient with MS Excel and reporting tools
Good experience of Oracle R12 and MFGPro (ERP)
Working Knowledge of Business Intelligence Tools - Hyperion, OBIEE, ENCORE, RADAR, DFT etc
6-8 years of accounting experience.
Experience in multinational manufacturing industry.
Excellent analytical, written and oral communication skills.
Adaptable to varying cultures.
Skills:
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• Strong analytical and financial modeling skills with the ability to summarize findings and present solutions.
• Good interpersonal skills - ability to work with all levels of the organization.
• Acts as a business partner to Aerospace plants, divisions, and headquarters - sees the big picture.
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