Senior Financial Analyst

Position Overview

Eaton’s IS VEH EMB division is currently seeking a Senior Financial Analyst. Relocation assistance is provided and this position sits in our Carol Stream, IL site.

The expected annual salary range for this role is $86,000 - $126,000. This position is also eligible for a variable incentive program. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations.

• Support in month end financial closings, preparing journal entries, variance analysis and financial reporting.
• Assist with the preparation of monthly forecasts, annual profit plan, strategic plan, operating reviews and reporting of financial data and analysis.
• Research, compile and analyze financial data; present summarized results and recommendations to management; review and evaluate financial results for accuracy, consistency, and transparency; maintain integrity of financial results.
• Help review balance sheet reconciliations to ensure no variances on the balance sheet.
• Prepare special projects and operational reports for presentation to plant and/or division management; design, develop and execute improved financial processes.
• Assist in resolving accounting problems related to the plant and complying with corporate requirements.
• Provide guidance and education as needed to plant personnel on financial objectives and means of achievement.
• Monitor, maintain, and report all plant cost outs and project results.
• Review and analyze production jobs to understand variances, inventory movement, and perform closures once orders are complete.
• Partner with materials team to ensure inventory controls and compliance.
• Support inventory reviews with cross‑functional teams to minimize excess and obsolete and maintain healthy inventory levels.
• Review production scrap, sale of scrap, and operational performance to understand drivers and potential opportunities.
• Lead capital project accounting for plant, including budgeting, recognition of expense, and tracking and closing projects as needed.
• Create complex, global, multi‑project CARS to obtain senior management approval for capital spend.
• Host meetings with local finance personnel and project managers to understand progress and support monthly accruals for capital and expense.
• Perform monthly reconciliations and monitoring for Plex and Oracle transactions, including construction in progress accounts, to minimize variances between Plex ERP and Oracle modules.

• Bachelor’s Degree in Accounting, Finance or Business from an accredited institution.
• Minimum of three (3) years of experience in financial planning, analysis and/or performance reporting.
• Must be legally authorized to work in the United States without company sponsorship both now and in the future.

• Strong understanding of SOX/US GAAP.
• Experience in a plant/manufacturing environment.
• Continued Process Improvement;
  Master in Excel.
• Knowledge of financial analysis, ledger accounting, standard costs and business management processes.
• Strong knowledge in the creation of project budgets, the accounting close and forecast processes.
• Broad knowledge of key operational systems including SIOP, MRP, ERP and quality systems with diverse experience managing varied and complex manufacturing processes.
• Intermediate to expert level proficiency in Microsoft Excel and Office.
• Bilingual skills in Spanish.
• Plex and Oracle ERP System experience.

• Ability to analyze and interpret financial and operational data.
• Strong attention to detail, ability to maintain multiple responsibilities simultaneously and willingness to investigate all areas of the P&L.
• Ability to understand, interpret and implement corporate policies and procedures.
• Ability to determine costs that qualify for capital versus expense.
• Excellent written and oral communication skills, with the ability to develop and maintain positive relationships.
• Eagerness to learn, ask questions and challenge assumptions.

• Flexible work options to help balance work/life demands (at participating Eaton sites).
• Healthcare, retirement savings programs and other health, dental, vision &…