Eaton Corporation Accounting Manager in Shenandoah, Iowa
Eaton’s North American Truck Division within the Vehicle Group is seeking an Accounting Manager. The Accounting Manager will be based at our Shenandoah, IA facility.
The Accounting Manager is responsible for the management of financial performance of the site including analysis of forecasts and actual performance, business drivers, and operational metrics. They will provide technical competency to ensure compliance with corporate financial policies, legal requirements and GAAP. This individual is responsible for providing financial process improvements, creating and implementing procedures to improve the internal control environment, streamlining efforts and providing increased transparency of financial results. Duties involve a variety of accounting and finance functions such as monthly forecasting, operational analysis, budgeting, month-end close, and financial reporting.
Develop and coordinate plant profit plans, monthly forecasts, goals & objectives, financial reconciliations, reports and analysis for plant management, including variance analysis and cost control reporting and recommendations.
Advise and counsel site manager on financial implications of operating strategies, cost control actions and decisions.
Manage, analyze, evaluate and interpret plant financial forecasts and operating results. Inform management of results and recommend corrective actions to address unfavorable variances.
Review, analyze and evaluate financial data and information for accuracy, consistency and transparency. Maintain integrity of financial reports prepared by the plant.
Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with generally accepted accounting principles and local statutory requirements.
Develop and implement budgeting and financial reporting systems to provide timely and relevant information to plant, region/division, and corporate management and cost control. Develop, control and maintain adequate product costing systems for valuation and cost estimating activities.
Direct ongoing audit and analysis of account balances to ensure and maintain integrity of plant general ledger and its supporting sub-systems. Assess adequacy of reserves and overall financial reporting.
Establish, monitor and maintain a system of internal controls that safeguards company assets and provides for integrity and propriety of financial transactions and activities. Drives compliance with corporate policies, including Sarbanes Oxley and Eaton Financial Policies.
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.
Bachelor’s degree with a concentration in Business, Accounting and/or Finance from an accredited institution is required
Minimum of 3 years Accounting and/or Finance experience required.
Must be legally authorized to work in the United States without company sponsorship now or in the future.
Masters in Accounting or MBA
Experience working in a manufacturing environment
Experience working in ERP systems (Oracle or SAP preferred)
Cross functional expertise
Experience supervising or managing direct reports
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: VEH NAT North America Truck
Job Level: Manager
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, 10 % of the Time