Eaton Corporation Financial Planning and Reporting Analyst in Mascot, Australia
Reporting to the ANZ Divisional Financial Controller, this role is instrumental to manage the financial performance of the Power Distribution Business and the Cooper Business, including month end closing for the ledgers, analysis of actuals and forecast of financial and operational metrics.
This individual will be leading the financial monthly rolling forecast, annual budgeting process, operating plan variance analysis and special projects for the PD division. S/he will provide financial consulting, operational analysis and strategic support to senior management including preparing management presentations, financial presentations, profitability analysis, capital expenditure analysis, industry/peer group comparisons and other projects requested by senior management.
This function acts as the analytical engine of the division to provide insights and support ‘optimal’ business decision making and growth. This position is to provide technical competence to ensure compliance with corporate financial policies, legal requirements, US GAAP and SOX compliance. The individual is responsible for continuous process improvements within the business, building organizational capability and improving the internal control environment. This role will oversee the reporting and analysis function for the divisions and will provide leadership for one direct report.
Direct and review the analysis and interpretation of statistical and accounting information for use in management decision making by the Division Finance Controller and management team in Australia and New Zealand.
Business partnering with the BU manager of the Power Distribution Division and Sales, Supply Chain, Engineering
Provide commercial decision support, Sales margin analysis at SKU level, Volume mix analysis, Customer profitability analysis, Analysis promotional activities, pricing analysis, TP analysis
Develop and coordinate monthly forecasts, goals and objectives, profit plans, strategic plans, monthly financial reconciliations and reporting and analysis for the organization.
Review, analyze and evaluate financial data and information for accuracy and consistency.
Lead the Cooper Analyst including development and performance management
Maintain integrity of the financial reporting prepared for the organization. Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with GAAP and local statutory requirements.
Ownership of balance sheet and account reconciliation process to maintain the integrity of the general ledger and its supporting sub-ledger. Assess adequacy of reserves and account usage while providing continuous training and oversight to reporting finance personnel to ensure compliance with Eaton standards and policies. Provide support for balance sheet review process.
Establish, monitor and maintain a system of internal controls that safeguards company assets and provides integrity and accuracy of financial transactions and activities. Working knowledge of Oracle ERP system, Encore reporting systems and SOX requirements
Support cost accounting function, Implementing and administering effective financial policies and corporate procedures ( Ie Global Eaton Policy and SOX / Sarbanes-Oxley)
Monitor the AP, FA and GL performed by ISSC – Pune India/China
Manage the company’s relationships with internal and external auditors and ensure all statutory and tax requirements are met
Continually review and improve financial controls throughout the business;
Drive business performance by identifying and implementing continuous process improvement and regional best practice opportunities
Identify and implement cost reduction opportunities working closely with relevant managers and suppliers
Manage the anticipatory hedging program and the FX exposure analysis
Degree in Finance or Accounting; CPA/CA Qualified accountant
Managerial experience, including developing direct reports
Experience: 5-10 years of accounting or finance experience in manufacturing or industrial related environment, preferred in multinational company
Familiar with Oracle and SAP system, BW
Proficient with Excel
Good verbal and written English communication skill
Possess a solid accounting background, an aptitude for ERP and Microsoft office and willing to focus on details.
Effectively drives and manages change, challenges the status quo. Leverages functional and cross-functional resources to solve problems, improve processes and meet objectives In addition to good interpersonal relationship skills and influencing ability, the individual should also possess and extensive experience in a sales and marketing and distribution environment.
US GAAP, SOX experience / exposure
Eaton is a power management company with 2016 sales of $19.7 billion. We provide energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton is dedicated to improving the quality of life and the environment through the use of power management technologies and services. Eaton has approximately 95,000 employees and sells products to customers in more than 175 countries. For more information, visit Eaton.com.
At Eaton we see things differently. We see opportunities to innovate, go above and beyond, and we work hard because what we do reflects who we are. If you see things differently – if you’re determined, motivated and focused on improving the world around you – then it’s time to see where a career at Eaton can take you. For more information visit www. Eaton.com/careers.
Region: Asia Pacific
Organization: ANZD AustraliaNew Zealand Division
Job Level: Individual Contributor
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: No
Eaton is an Equal Opportunity and Affirmative Action Employer. Eaton is 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.