Eaton Corporation Financial Controller in Singapore
A key member of the plant leadership team and division finance team. The position reports directly to Aerospace Fluid & Electrical Distribution Division Finance Director and functionally to the Plant Manager. This role is instrumental to manage the financial performance of the Batam Plant in meeting its financial objectives, including analysis of forecasts and actual performance, business drivers, and operational metrics.
This role will develop forward-looking insights to drive management decision, actions and improve operational and financial results. The individual will need to drive short-term actions to achieve current results while supporting the deployment of progressive strategies which result in a sustainable competitive advantage and strong financial return on investment.
The Plant Controller provides technical competency to ensure compliance with corporate financial policies, legal requirements, Sarbanes-Oxley (SOX) compliance and GAAP.
The main responsibilities for this role includes the following :
Plan, coordinate and direct the financial function. Develop and coordinate planning (rolling forecasts, profit plans, goals, strategic plans), reporting (financial close, reconciliations, internal and external reporting) and analysis (variance analysis, cost control action plans and recommendations).
Advise and counsel plant leadership team on financial implications of strategies, actions and decisions. Support the Plant Manager and Leadership team as a business partner, providing financial analysis and advice to meet short and long term objectives.
Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with generally accepted accounting principles, local statutory requirements and in compliance with the SOX.
Provide leadership to ensure adequate cost accounting processes are in place, including standard cost updates, physical inventory verification, periodic cycle counts. Control and maintain adequate product costing systems for valuation and cost estimating activities.
Ownership of account reconciliation process to maintain integrity of plant general ledger and its supporting sub-systems in accordance with the company's requirements. Provide leadership and support for the Balance Sheet Review process.
Drive plant Capital Appropriation Request (CAR) process prior to Division and Aerospace Group management approval. Collaborate with plant leadership team to develop robust CAR justifications. Monitor and report purchase commitments and spending for all capital programs. Conduct follow-up audits to ensure compliance for all significant capital investments.
Support 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 / Flex Productivity. Support other Operations initiatives including EBE, OpA, MESH, ELSS, LEAN, VSM and other BPI efforts.
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.
Minimum Bachelor Degree in Accounting / Business Administration. MBA or CPA highly preferred.
Minimum 5 years of relevant professional experience. Experience in a manufacturing environment highly preferred.
Excellent knowledge of financial and ERP systems including Oracle, MFGPRO and Longview.
Good communication, negotiation, problem-solving, decision-making and project management skills.
Strong leadership and motivational ability.
Excellent team player
Tasks and results orientated
Ability to work under pressure and manage tight deadlines.
Ability to effectively manage multiple priorities often wit demanding time constraints.
Exhibits managerial courage in defending a position and handling conflict.
Strong verbal and written communication abilities to achieve clear alignment between plant and division.
Strong change management leadership skills required to drive environment of continuous improvement.
Solid professional presence and confidence required to interact and command respect from Plant, divisional, group and corporate leadership team.
We make what matters work. Everywhere you look—from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day—you’ll find one thing in common. It all relies on power. That’s why Eaton is dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters.
We are confident we can deliver on this promise because of the attributes that our employees embody. We’re ethical, passionate, accountable, efficient, transparent and we’re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters.
Region: Asia Pacific
Organization: AER FED Fluid Electrical Distribution
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?: No
Travel: Yes, 25 % of the Time
Eaton is an Equal Opportunity and Affirmative Action Employer. Eaton is 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.