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Director, Engineering Finance - ES

Job in Beachwood, Cuyahoga County, Ohio, 44122, USA
Listing for: Eaton Corporation
Full Time position
Listed on 2026-06-19
Job specializations:
  • Finance & Banking
    Financial Manager, Financial Consultant, Corporate Finance
  • Management
    Financial Manager
Salary/Wage Range or Industry Benchmark: 165000 - 242000 USD Yearly USD 165000.00 242000.00 YEAR
Job Description & How to Apply Below
Position: Director, Engineering Finance - ES-A

What you’ll do:

  • Provide leadership and guidance on key R&D and capital investments ensuring that the P&L remains aligned with winning priority programs and markets. Understand market dynamics for potential growth opportunities, estimate the financial implications of investments in these areas and partner with the SVP of Engineering & Technology.
  • Provide functional leadership to the ES-A engineering finance organization while partnering closely with the ES-A Finance leadership team to establish and improve key performance indicators, drive functional excellence, share best practices and build organizational capability.
  • Own end-to-end financial performance, transparency and governance of the Engineering portfolio.
  • Continuously improve the engineering forecasting process, including driver-based planning, zero-based budgeting and prioritization frameworks.
  • Define and deploy engineering financial KPIs (e.g., ROI, productivity, applied hours, forecast accuracy) to measure and improve portfolio performance. Ensure alignment with functional standards.
  • Design and build a scalable Engineering Finance organization, including talent development, capability building and an organizational structure that meets the complexity and dynamics of the ES-A portfolio.
  • Drive the engineering capital allocation processes, including prioritization, trade‑off analysis and alignment with commercial, FP&A and engineering partners.
  • Act as the integrator across Engineering, Commercial and FP&A to ensure aligned decision‑making and trade‑offs across the portfolio.
  • Drive increased centralization and standardization across the portfolio.
  • Deploy project financial controls and issue standard work for effective portfolio management.
  • Optimize resource allocation & investment to drive increased throughput and higher ROI.
  • Lead the 5‑year Strategy Plan processes through financial coordination and consolidation across divisions.
  • Partner with the VP of Commercial Management to review and analyze all group‑level new program bids across divisions. Make recommendations on strategic approach to moving forward with bid/no‑bid and provide insights into risks associated with bids. Consult with contracts teams on the implication of terms and identify any potential financial risks.
  • Ensure business performance is accurately recorded and reported and adheres to compliance, risk & control requirements through accounting standards and regulatory requirements by working closely with division commercial finance teams.
  • Stay informed of M&A opportunities and how they align with our overall growth strategy.
  • Support ad hoc financial analytics and the Group FP&A team as needed.
  • Ability to prepare, analyze and interpret financial and operations analyses/reports.
  • Working knowledge of financial and ERP systems.
Qualifications:
  • Bachelor’s degree in finance or accounting from an accredited institution.
  • Minimum of ten (10) years of financial experience within a manufacturing organization.
  • Thorough knowledge and understanding of accounting principles and concepts.
  • Pronouncements of external regulatory bodies, such as the Financial Accounting Standards Board, SEC, IRS, IASB, etc.
  • International experience across financial disciplines, i.e., tax strategies, transfer pricing, currency hedging, statutory reporting, legal entity implications, et al.
  • Eaton will not consider applicants for employment immigration sponsorship or support for this position. This means Eaton will not support any CPT, OPT or STEM OPT plans, F‑1 to H‑1B, H‑1B cap registration, O‑1, E‑3, TN status, I‑485 job portability, etc.
Compensation & Benefits

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 $165,000 - $242,000 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.

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