EATON

Director - Global Commercial and Engineering Finance, GEIS

EATON$165K — $242K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance or Accounting from an accredited institution
  • At least ten years of broad financial experience
  • Minimum three years' experience managing people or project teams
  • Legally authorized to work in the United States without sponsorship
  • Preferred MBA, CPA or CMA credentials
  • Finance experience in manufacturing is preferred
  • Previous experience in both manufacturing and commercial organizations

Responsibilities

  • Assist in developing and executing long-term strategies for product innovation and operations excellence
  • Build out product platform P&L structure for financial performance
  • Partner with regional leaders on analyzing and executing outgrowth investments
  • Support profitability initiatives in collaboration with Global Product Line Managers
  • Update pricing standards and create process rigor
  • Support M&A pipeline activities and analysis of potential targets
  • Support Eaton's digital strategy to drive transformation

Benefits

  • Health and Welfare benefits
  • Retirement benefits
  • Paid and unpaid time away from work programs
Full Job Description
What you'll do:

Position Overview:
Eaton Corporation is seeking a Director, Global Commerical and Engineering Finance in Syracuse, NY, Beachwood, OH, or Moon Township, PA. This role oversees Commercial Controlling for for Eaton's Global Energy Infrastructure Solutions Business, reporting to the VP of Global Finance. Key duties include strategy, product line performance, sales support, NPI investment and ROI, global pricing, portfolio management, and complexity oversight. The position works closely with senior leadership across functions.

In this position, you will:
• Assist in the development and execution of long-term strategies across the product portfolio including product innovation and portfolio management, globalization, commercialization excellence, end-market diversification and operations excellence.
• Responsible for building out product platform P&L structure including creating the foundation and rigor for financial performance: revenue growth, profitability (standard margin and expanding to ROS) and working capital. This includes supporting the team's transition to a dashboard system (PowerBI) and creating a clear link between the product lines and regional financial forecasts.
• Partner with regional leaders on analyzing/prioritizing, tracking and executing outgrowth investments including NPI and penetration globally. Specific focus on partnering with engineering, product management and program management on NPI ROI, BOC quality and ProLaunch improvements. This also includes aligning outgrowth investments to financial performance within regional plans through ROP's.
• Support profitability initiatives including partnering with Global Product Line Managers and creating standard work for execution around head & tail, mix management, transfers of work, complexity management and cost savings initiatives.
• Update standard work and create process rigor globally around pricing to ensure entitlement through timely actions. Partner with regions and commercial teams around DOA to ensure appropriate pricing strategies to increase win rate while maintaining profitability.
• Support build out of an M&A pipeline and analyzing potential targets. Assist in the creation of synergy cases and make vs. buy analysis. In conjunction with the "head and tail" process, complete analysis on the "tail" for portfolio and support divestiture activities.
• Support Eaton's digital strategy regarding new technologies, business models, and revenue streams that will drive transformation within the organization.
• Create standard work and analytics associated with vertical market indicators and share analysis.
• Support the analysis and understanding of the competitive landscape including analysis of external financials (where available) and relevant business activity
• Own monthly Engineering forecast for GEIS, including R&D, Sustaining, NPI, and SG&A-related costs for engineering
• Serve as the primary finance partner to GEIS VP Global Marketing and Engineering, supporting forecast updates, explaining actuals vs forecast variances, and advising on corrective actions to achieve financial commitments
• Translate engineering project forecasts into Oracle Planning / Encore and ensure alignment with ProPM inputs and enterprise targets.
• Support annual Profit Plan cycle to ensure proper setup of systems for demand input, full allocation of expected headcount, and management to total spend through waterlining including establishing consistent labor rates, performing FX analysis and coordinating overlays and adjustments with GEIS FP&A and Leadership

Qualifications:

Required (Basic) Qualifications:
• Bachelor's degree in Finance or Accounting from an accredited institution
• Minimum ten (10) years broad financial experience
• Minimum three (3) years' experience managing people and/or project teams
• Ability to travel up to 10%
• Must be legally authorized to work in the United States without company sponsorship
• Eaton will not consider applicants for employment immigration sponsorship or support for this position. This means that Eaton will not support any CPT, OPT, or STEM OPT plans, F-1 to H-1B, H-1B cap registration, O-1, E-3, TN status, I-485 job portability, etc.

Preferred Qualifications:
• Master of Business Administration (MBA), Certified Public Accountant (CPA) or Certified Management Accountant (CMA)
• Finance experience within the manufacturing industry
• Previous experience within a manufacturing organization and commercial organizations

Skills:

Position Criteria:
• Self-Starter with the ability to develop strategic initiatives and drive results
• Must be a proactive communicator to all levels of management
• Demonstrated ability to influence broad organization directions and the attainment of objectives
• Strong interpersonal and leadership skill set that is effective at all levels of the organization
• Ability to manage multiple projects, timelines, and relationships in a global organization
• Leadership consulting, influencing and coaching skills
• Effectively leverages functional and cross-functional resources to solve problems, improve processes and meet objectives.
• Effectively drives and manages change, challenges the status quo and champions new and innovative ideas
• Demonstrated ability to create new, insightful analysis and, where appropriate, convert this to standard work and assign to others in the organization
• Proven managerial capability
• Strong business acumen, knowledge of US GAAP, an understanding of international business, and a working knowledge of financial systems (SAP, Hyperion/HFM, Encore) are requirements.

All positions may require participation in video and in-person interviews as part of the hiring process. All candidates will be evaluated based on job-related competencies, and all candidates' privacy rights and data security will be protected in accordance with applicable laws.

At Eaton, we strive to provide compensation and benefits that attract, engage, and retain the best talent. This includes competitive pay and a variety of benefit programs for eligible employees. The expected annual salary range for this role is $165000 - $242000 a year. This role is also eligible for a variable incentive program. 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.

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 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.

About EATON

Eaton Corporation plc is a multinational power management company with 2020 sales of $17.9 billion, founded in the US. Eaton provides energy-efficient solutions that help customers effectively manage electrical, hydraulic, and mechanical power more efficiently, safely, and sustainably. Eaton operates through three main business segments: Electrical Products, Electrical Systems and Services, and Hydraulics. The Electrical Products segment designs, manufactures, markets, and sells electrical components, such as circuit breakers, switches, and electrical protection and control devices. The Electrical Systems and Services segment offers electrical power distribution and assemblies, as well as engineering services and automation and control solutions. The Hydraulics segment provides products such as pumps, motors, valves, cylinders, and filtration products. Eaton has a global presence with operations in North America, Europe, Asia, and other regions.
Learn more about EATON
Size
85,947 employees
Market Cap
$62.2 billion
Industry
Net Income
$1.4 billion
Founded
2009
5 Year Trend
-0.1%
Revenue
$17.8 billion
NASDAQ

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