Program Finance Analyst

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Eaton’s IS AER FED division is currently seeking a Program Finance Analyst. This hybrid role may be located within 50 miles of any Eaton FED United States location (Jackson, MI, Torrance, CA, Rumford, RI, Bethel, CT, Glenolden, PA, or Beltsville, MD, Beachwood, OH).

The expected annual salary range for this role is $93,750.03 - $ 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.

This position is responsible for supporting the financial activities of the Program Management and Engineering functions for the Fluid and Electrical Distribution (FED) division, based in Jackson, MI. These responsibilities include, but are not limited to, program financial measurement and reporting, contract accounting, supporting new business proposals, and business partnering with engineering and program management to analyze and report cost drivers and spend activities for strategic development programs and R&D investments.

This position will ensure that the tracking, reporting, and forecasting of Gross R&D and program expenses is completed on a monthly basis, and will work with the program managers, engineering, and local finance to understand all changes.

• Monitor and communicate the program management spend for the division and provide the department with interpretation of variances from plan, forecast, or baseline targets.
• Prepare monthly report out on all major programs, including updates on IRR, NPV, shipset cost, and all spending variance analysis.
• Business partner with program managers to control costs, maximize revenue from scope changes, ensure milestone invoices are raised promptly, mitigate risks, and manage the budget.
• Complete Estimate to Complete calculations (ETC) when required by the contract and ensure these are reviewed and approved by division management.
• Be an active participant in the pro‑launch process and specifically support pro‑launch gate reviews, providing all necessary financial analysis in a timely fashion.
• Assist in the preparation of strategic plans, annual profit plans, and monthly rolling forecasts for all major programs, and for the Gross R&D budget within a portfolio of plants and programs.
• Support proposal management by participating in the development of financial analysis for all new program business proposals, capital investments, and potential new product endeavors.
• Assist Engineering and Program Management in the identification of financial risks and developing mitigation plans.
• Identify opportunities for and implement improvements to PMO processes, including active participation in multiple cross‑functional teams.
• Serve as Oracle Time & Labor (OTL) support for all NA sites, ensuring timely and accurate reporting and forecasting of project spend.
• Partner with Engineering to forecast and report progress on IR&D and Sustaining spend.

• Bachelor’s degree from an accredited university required.
• Minimum of two (2) years of Cost Accounting experience in a Manufacturing environment required.
• Minimum of three (3) years of Finance experience required.
• This position requires access to export‑controlled information. To conform to U.S. Government export regulations applicable to that information, applicant must be a U.S. person, defined as a (i) U.S. citizen or national, (ii) U.S. lawful permanent resident (green card holder), (iii) refugee under 8 U.S.C. 1157, or (iv) asylee under 8 U.S.C. 1158.
• No relocation benefit is being offered for this position. Only candidates that currently reside within 50‑miles of a FED US facility (Jackson, MI; Torrance, CA; Rumford, RI; Bethel, CT; Glenolden, PA; or Beltsville, MD; Middlesex, NC; Beachwood, OH) 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.

• MBA/CPA/CMA
• Strong technical expertise (US GAAP/IAS) in accounting and…