at Eaton Corporation in Highland, Illinois, United States
Job Description
Eaton’s B-Line division is currently seeking a Plant Finance Manager.
The expected annual salary range for this role is $105000.03 – $154000.04 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:
This role will provide plant leadership teams with meaningful information and analysis regarding manufacturing operations and products to drive improvements and support meeting our financial commitments. You will manage the daily functions related to financial reporting for our domestic B-Line manufacturing plant (Highland IL). Specific functions include manufacturing labor and overhead variance analysis and forecasting, oversight of month end close, financial reporting, department budgeting, cost out validation, and capital appropriation request preparation and forecasting and SCM support.
- Analyze manufacturing spend, manufacturing variances and other information (earned hours, paid hours, manufacturing costs, sourcing data, PPV, material usage variance, etc.) at the plant level and cost center level.
- Provide Plant Manager with results and recommendations that will support our financial commitments and drive improvements.
- Act as a business partner to the Plant Manager, Manufacturing Engineering, Supply chain, advising them on key business and financial decisions.
- Will own variances below standard margin down to manufacturing profit.
- Prepare weekly and monthly manufacturing variance forecasts for the plant.
- Prepare the material, labor and overhead portion of the profit plan for the plant.
- Responsible for developing the cost center absorption rates for all cost centers.
- Oversee the cost accounting process to ensure accuracy.
- Prepare CAR (capital appropriations requests). Work with manufacturing plant to develop capital spend forecast and track performance to forecast.
- Perform internal audits of the annual physical inventories and assist with external requirements. Support with Inventory management and analytics.
- Support the calculation and validation of cost savings projects from VAVE, Sourcing, and Plants. Perform monthly review of Cost Out Database with Division Continuous Improvement Manager for accuracy
- Complete monthly reporting. Reports may include variance reports, cost productivity, flex productivity, CONC for example
- Perform mathematical computations from data and accumulate data to develop reports, charts, or records as required.
- Fosters an environment that promotes Eaton’s goals, leadership model, philosophies, and encourages continuous improvement.
- Ensure that all accounting policies, procedures, and schedules are adhered to.
Qualifications:
Basic Qualifications:
+ Bachelor’s degree in Finance or Accounting or related field from an accredited institution
+ Minimum of 3 Years of experience in a manufacturing environment
+ Minimum of 5 years experience in accounting and/or finance
+ Legally authorized to work in the United States without company sponsorship
+ No relocation benefit is being offered for this position. Only candidates residing within a 50-mile radius of Highland, IL will be considered. Active-duty military members are exempt from this geographical limitation.
Preferred Qualifications:
+ Experience in Cost Accounting, operations finance or, financial planning
+ Experience working with Shared Service finance organization
+ Experience with SAP
Skills:
+ Attentive to detail, personally committed to work quality and able to learn from mistakes.
+ Ethical, operates with high regard to integrity and trust.
+ Proficient in Microsoft Office applications.
+ Understanding of US GAAP.
+ Ability to collaborate cross functionally in a manufacturing environment.
We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant’s race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.
Eaton considers qualified applicants regardless of criminal histories, consistent with local laws. To request a disability-related reasonable accommodation to assist you in your job search, application or interview process, please call us at 1-800-836-6345 to discuss your specific need. Only accommodation requests will be accepted by this phone number.
We know that good benefit programs are important to employees and their families. Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away from work. Click here (https://www.eaton.com/content/dam/eaton/company/careers/US%20Benefits%20updated%2010.24.22.pdf) for more detail: Eaton Benefits Overview. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.