Plant Finance Manager

Eaton’s Electrical Sector - ARS division is currently seeking a Plant Finance Manager. This position provides onsite financial leadership to the Lincoln, IL manufacturing location, serving as a business partner and change agent to drive continuous improvement actions and achieve overall plant targets. This role connects finance processes with operations, providing guidance, driving actions, and offering financial insights to ensure operational strategies and decisions lead to the expected results.

Relocation assistance is available to candidates who currently reside in the US. The expected annual salary range for this role is $130,000 - $190,000 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.

• Financial Analysis:
  Analyze and validate financial data and performance metrics, including sales, production mix, variances, variable, fixed costs. Additionally reviewing transactions related to operations, to identify trends, opportunities, and areas for improvement. Drive accountability for results and define key performance metrics together with business leaders.
• Decision Support:
  Provide financial insights and analysis to support operational decision-making, such as evaluating capital deployment opportunities or new projects.
• Driving Initiatives (including CAPEX and WORKING CAPITAL) and Influence Changes:
  Ensure productivity improvements and growth in areas such as operational excellence, continuous improvement, quality, and supply chain management.
• Collaborative Planning:
  Work closely with the operations team to develop action plans, strategies, and initiatives based on financial insights. Drive and monitor the implementation of the plans.
• Financial Modeling:
  Create financial models to assess the impact of various scenarios on operational performance.
• Risk Management:
  
  Identify financial risks within the operations and propose mitigation strategies.
• Performance Tracking:
  Monitor key performance indicators (KPIs) and operational metrics to evaluate performance against targets.
• Cost Management:
  Monitor and manage operational costs to achieve efficiency and cost reduction, while maintaining accuracy and updates in the ERP system.
• Inventory Management:
  Implement inventory control actions and initiatives to impact operational profitability while maximizing cash. Accountable for inventory value and accuracy, physical inventory, and cycle count activities coordination.
• Forecasting:
  Lead the main financial processes for the site, such as forecasts and profit plans.
• Cost Accounting:
  Analyze and interpret financial data related to the costs incurred by the company during its operations, with the primary objective of providing valuable insights to management, enabling informed decisions regarding cost efficiency, pricing strategies, and overall financial performance.
• Acts as a Liaison:
  With the Finance transformation organization:
  North America Controllership (NAC), Global Financial Shared Services (GFSS), Global Payroll (PtP),
• Financial Planning & Analysis (FP&A):
  • Talent Management:
    Build organizational capability through successful hiring, talent development, and succession planning in the business.
  • Lead and Support:
    Support Leadership Team requirements
  • Partner with operations and supply chain in the SIOP (Sales inventory operations planning) process for monthly, quarterly, annual production and cost planning for the site.
  • Manage and track COGS and ensure absorption value meets the financial plan/forecast.
  • Support MRP development for future improvements.
  • Support change management process for facility and product improvements.

Basic (required)

Qualifications:

• Bachelor Degree in finance, business administration, accounting or other related area from an accredited institution.
• Seven (7) years of progressive experience in cost accounting/finance.
• Two (2) years of experience directly leading people.
• Previous experience working in or supporting a manufacturing, distribution, or similar…