Plant Finance Leader at Eaton USA

Tijuana, Baja California, Mexico -

Full Time

Start Date

Immediate

Expiry Date

11 Apr, 26

Salary

0.0

Posted On

11 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Analysis, Cost Control, Budgeting, Forecasting, Accounting Principles, Interpersonal Skills, Bilingual Communication, Internal Controls, Capital Appropriation, Team Leadership, Strategic Planning, Variance Analysis, Financial Reporting, Operational Metrics, Asset Management, Productivity Improvement

Industry

electrical;Appliances;and Electronics Manufacturing

Description

Eaton’s IS VEH EMB division is currently seeking a Plant Finance Leader. What you’ll do: Primary Function: A key member of the plant leadership team and region/division finance team. The position reports directly to the Plant Manager and functionally to the finance function. This role is instrumental to manage financial performance of Tijuana including analysis of forecasts and actual performance,business drivers, and operational metrics. This position is responsible for building organizational capability within the finance function by hiring and developing finance personnel. The position also ensures assets assigned by the corporation are adequately protected and provide operations management with financial guidance necessary to produce the expected return on those assets. #Li-SL4 Essential Functions: 1 Develop and coordinate plant profit plans, strategic plans, monthly forecasts, goals & objectives, financial reconciliations, reports and analysis for plant management, including variance analysis and cost control reporting and recommendations. 2 Advise and counsel plant manager on financial implications of operating strategies, cost control actions and decisions 3 Manage, analyze, evaluate and interpret plant financial forecasts and operating results. Inform management of results and recommend corrective actions to address unfavorable variances. 4 Review, analyze and evaluate financial data and information for accuracy, consistency and transparency. Maintain integrity of financial reports prepared by the plant. 5 Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with generally accepted accounting principles and local statutory requirements 6 Develop and implement budgeting and financial reporting systems to provide timely and relevant information to plant, region/division, and corporate management and cost control. Control and maintain adequate product costing systems for valuation and cost estimating activities. 7 Ownership of account reconciliation process to maintain integrity of plant general ledger and its supporting sub-systems. Assess adequacy of reserves and overall financial reporting. Ensure adequate training and oversight is provided to all finance personnel to ensure account reconciliations meet Eaton’s requirements. Provide leadership and support for the Balance Sheet Review process. 8 Establish, monitor and maintain a system of internal controls that safeguards company asset and provides for integrity and propriety of financial transactions and activities. Compliance with corporate policy, including SOX. 9 Evaluate and approve plant capital appropriation requests prior to region/division and corporate management approval. Monitor and report purchase commitments and spending for all capital programs. Conduct follow-up audits to ensure compliance for all significant capital investments 10 Manage hiring, training and development of plant financial staff. Establish a work environment that encourages individual career development and growth in order to provide adequate and qualified financial professionals opportunity for advancement 11 Manages the deployment of cost saving and other programs to provide operating economies and improve profitability. Monitors and provides opportunities to support continuously improving Plant Productivity / Gross Utilization. Support other Operations initiatives including EBE, MEASH,ELSS and other BPI efforts. 12 Ensures that the appropriate plant quality policy and system are thoroughly implemented in the finance function. Ensure all finance responsibilities are defined and communicated throughout the plant with specific responsibilities and appropriate timing. Ensures the deployment of finance standard work. Qualifications: Preferred education level: Bachelor’s degree in Accounting, Finance or Business Administration Years and area of experience required: Minimum of 5 years’ of progressive experience in Accounting/Finance Minimum of 5 years’ experience in a manufacturing environment with demonstrated ability to drive cost reduction projects and improve plant productivity Technical knowledge: Solid working knowledge of General Accepted Accounting Principles (GAAP). Working knowledge of pronouncements of external regulatory bodies: Financial Accounting Standards Board, SEC, IRS, Sarbanes-Oxley. Skills: Soft skills: High level of interpersonal skill to work effectively with others. Strong English and Spanish communication skills. We are committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, colour, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.

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Responsibilities

The Plant Finance Leader is responsible for managing the financial performance of the plant, including developing profit plans, forecasts, and financial reports. This role also involves advising the plant manager on financial implications and ensuring compliance with accounting principles and corporate policies.