Project Accounting Senior Analyst - Engineering Finance

Location: Galesburg

Eaton’s Corporate Sector division is currently seeking a Project Accounting Senior Analyst - Engineering Finance.

The expected annual salary range for this role is $86000 - $126000 a year.

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.

What you’ll do:

Eaton’s Corporate Division is currently seeking a Project Accounting Analyst
- Engineering Finance to join our team. This position can be based at our Beachwood, OH or Galesburg, MI locations with hybrid work available.

Position Overview:

The Project Accounting Analyst – Engineering Finance provides operational support for Engineering project accounting across Eaton’s enterprise. This role manages day-to-day Oracle Project Accounting (PA) processes and ensures accurate, timely recording of engineering project costs. Working as part of a centralized Engineering Finance team, the analyst maintains data integrity and compliance in project cost pools, supports month-end close, and assists with cost variance analysis.

The position is execution-focused, contributing to Eaton’s finance transformation by ensuring consistent, high-quality project financial data across all engineering organizations.

Job Responsibilities:

• Month‑End Close:
Support project accounting close activities by reconciling Project Accounting to the General Ledger and resolving discrepancies to ensure a timely, accurate close
• Oracle Project Accounting & Labor Costing:
Manage day‑to‑day labor costing in Oracle, including labor rate calculation, maintenance, and validation; coordinate with HR, Payroll, and upstream systems to ensure accurate project cost capture
• Labor Rate & Cost Pool Support:
Support development, analysis, and monitoring of engineering labor rates and cost pools, including absorption and utilization, to ensure appropriate cost recovery and financial compliance; assist with forecasting and annual planning for engineering resource groups and cost pools
• Project Cost Control:
Ensure project costs are accurately coded and posted; resolve errors and drive improvements to strengthen cost integrity and reduce rework
• Project Recharge & Billing:
Oversee project recharge and cross‑charge activities, including intercompany charges, and support project billing in alignment with project setup and financial requirements
• Reporting & Analysis:
Provide routine project cost, labor, and utilization reporting; support variance analysis and issue resolution for Engineering Finance and project stakeholders
• Engineering Business Support:
Serve as a finance partner to engineering teams, providing guidance on project setup, labor rates, cost treatment, and financial impacts to support informed decision‑making
• Process Improvement & Systems:
Partner with Engineering, Finance, and IT to standardize and improve project accounting and labor costing processes; support system implementations, automation, and standard work documentation
• Team

Collaboration:

Contribute in a team environment through cross‑training, knowledge sharing, and continuous improvement across the engineering finance organization.

Qualifications:

Required (Basic)

Qualifications:

• Bachelor’s degree from an accredited institution
• Minimum 2 years of in accounting or finance experience.
• No relocation benefit is being offered for this position. Only candidates within a 50-mile radius of Beachwood, OH or Galesburg, MI will be considered. Active-Duty Military Service member candidates are exempt from the geographical area limitation.
• Must be able to work in the United States without corporate sponsorship now and within the future.

Skills:

Position Criteria:
• Ability to partner with engineering, project management, or operations teams in a business support role.
• Working knowledge of project cost flows, labor costing, and basic cost accounting principles
• Experience with ERP systems; hands‑on experience with Oracle Project Accounting or similar project costing systems strongly preferred
• Familiarity with labor rates, cost pools, absorption, and utilization concepts
• Proficiency in financial…