Eaton Corporation Vice President, Finance, Controls & Protection Division in Moon Township, Pennsylvania
Eaton has an opening for a VP, Finance within the Controls & Protection Division, located in Moon Township, PA. The VP, Finance is responsible for managing the finance function for the 4 divisions of CPD (TAM, ICD, PCD and Bussmann). This includes responsibility for 20 manufacturing facilities in the U.S., generating $1.5B in annual revenue. Reporting directly to the President of CPD, the VP, Finance has P&L and Balance Sheet responsibility, provides overall leadership to the divisions and acts as a business partner with the President and leadership team members including operations, HR, and marketing and VPGM’s as a team to run these businesses. This position is responsible for building organizational capability within the Finance function and to provide financial leadership and direction to the organization and its leadership team in the pursuit of business goals and objectives. The ideal candidate is an action-oriented critical thinker, attentive to detail yet able to synthesize information quickly, skilled in driving process improvements, demonstrates the drive, business acumen, and people capability to deliver results within a cross functional, growing, and profitable business. The successful candidate will consistently demonstrate the ability to lead and influence a geographically dispersed team through a positive and supportive approach, while driving compliance to financial policies and holding team members accountable for performance expectations.
Essential functions of this position includes but are not limited to:
Coordinate all business level planning and reporting activities including monthly results, monthly rolling forecast, profit planning, strategic planning, and operating review requirements
Partners with the President to provide financial interpretation and insight to identify opportunities & issues for the business
Manage the processes to consolidate, report and analyze monthly results, forecasts and plans. Review performance metrics with divisional and regional management. Analyze financial forecasts and results to determine and recommend profit and/or cash flow improvement opportunities
Work as a key partner to the functional management team, identify and support analysis of new business scenarios including capacity analysis, footprint analysis and M&A impacts
Reviews the results & works with leadership in recommending & driving actions for improvement
Provide accurate and timely information to drive decision making as a result of interpretation of the financials and operating metrics. Use this information in pursuing the division’s goals and objectives
Ensure internal controls of the Division are properly maintained to be in compliance with GAAP, Sarbanes Oxley and Corporate Policy and Ethics requirements. Ensure completion of division and plant balance sheet reviews and review account reconciliations to ensure accuracy of stated balances. Ensure maintenance of proper accruals and reserves.
Coordinate various financial analysis elements across commercial, engineering, and operational functions within the organization. Responsible for preparing a number of ongoing internal analyses that provide divisional and corporate management with timely and pertinent financial information for planning and decision making.
Actively participate in key monthly business operating rhythm to help drive execution of our profit plan and longer term strategy.
Maintain high level of ethical standards and identify and analyze problem areas and recommend appropriate course of action.
Create, promote, and sustain a high performance culture. Continuously raises the performance bar for the finance organization. Actively upgrade the organization through the infusion of top talent, through both the selection of new employees and the development of current employees.
Build organizational capability by developing the broader financial acumen of the team through
monthly operating rhythm, reporting, special projects and training.
Special projects as assigned
Bachelor’s Degree in Accounting or Finance from an accredited institution.
Minimum of 10 years’ experience in management positions within finance and accounting
MBA or Masters of Accounting
Strong systems skills/experience desired: SAP Financials, HFM
Strong financial reporting, analysis and presentation skills.
Experience in financial forecasting and budgeting.
Strong understanding of US GAAP.
Strong business acumen, strategic thinking capability
Holding Self and Others Accountable to results, Eaton’s Professional and Ethical Standards
Proven leadership capability, ability to build and develop teams, excellent communication skills.
Ideal candidate will have progressive work experience in industrial manufacturing and strong standard cost accounting skills (i.e. plant controller experience)
Prior experience in managing a geographically dispersed direct and indirect staff preferred
Ability to prepare, analyze and interpret financial and operations analyses/reports
Intermediate to expert level proficiency in Microsoft Excel and Office.
Leadership Competencies / Position Criteria
Effectively leverages functional and cross-functional resources to solve problems, improve processes and meet objectives
Superior analytical skills; intellectual rigor and curiosity; problem-solving capability
Identifies and raises issues and problems in a constructive manner
Ability to work independently and with a team; communicates articulately and confidently across many organizational levels, demonstrates a strong professional image, and effectively builds rapport with stakeholders
Demonstrated ability to drive process improvements: detecting the need for change, proactively gathering requirements, designing and developing processes, implementing change, and stabilizing process changes to deliver on stakeholders critical requirements
Personal leadership and organization savvy required: teaming, collaborating, coaching, challenging assumptions and giving corrective feedback with tact and respect, sharing knowledge
Results-oriented, dependable, and sense of urgency for work quality and timeliness
Excellent organization, multi-tasking, and prioritization skills
Communicate articulately, confidently, and professionally across many organizational levels; and effectively influence stakeholders
Is flexible, adaptable and demonstrates a willingness to change, and ability to drive change
Demonstrated ability to improve processes and eliminate non-productive activities.
Learns from past experiences and applies learnings to current situation to improve performance.
Eaton is a power management company with 2016 sales of $19.7 billion. We provide energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton is dedicated to improving the quality of life and the environment through the use of power management technologies and services. Eaton has approximately 95,000 employees and sells products to customers in more than 175 countries. For more information, visit Eaton.com.
At Eaton we see things differently. We see opportunities to innovate, go above and beyond, and we work hard because what we do reflects who we are. If you see things differently – if you’re determined, motivated and focused on improving the world around you – then it’s time to see where a career at Eaton can take you. For more information visit www. Eaton.com/careers.
Region: North America – US/Puerto Rico
Organization: EPG CPD Circuit Protection Division
Job Level: Executive
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: Relocation from within United States and / or Puerto Rico
Travel: Yes, 25 % of the Time