EATON

Plant Finance Manager

EATON$113K — $165K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, business administration, accounting or related area from an accredited institution.
  • 5+ years of progressive experience in finance/accounting in a manufacturing or similar environment.
  • MBA or advanced degree in accounting or finance preferred.
  • 8+ years of experience in finance/accounting preferred.
  • 2 years of experience in data analytics supporting a manufacturing facility preferred.

Responsibilities

  • Analyze financial data and performance metrics to identify trends and areas for improvement.
  • Provide financial insights to support operational decision-making and evaluate capital opportunities.
  • Drive productivity improvements and changes in operational excellence and continuous improvement.
  • Collaborate with operations to develop action plans based on financial insights and monitor implementation.
  • Create financial models to assess the impact of scenarios on performance.
  • Identify financial risks and propose mitigation strategies.
  • Monitor key performance indicators and operational metrics for target evaluation.

Benefits

  • Health and welfare benefits including various programs for employees and their families.
  • Retirement benefits offering various options.
  • Programs for paid and unpaid time away from work.
Full Job Description
Plant Finance Manager based onsite at our Cleveland, TN Commercial Products & Assemblies (CPA) manufacturing facility. Relocation assistance is available to qualified candidates currently residing in the US.

This position provides financial leadership to the CPA manufacturing facility, serving as a business partner and as a change agent to drive plant continuous improvement actions and to achieve overall plant targets. This role connects finance processes with operations, providing guidance, drive actions, and financial insights to ensure operational strategies and decisions will lead to the expected results.

The expected annual salary range for this role is $113000 - $165000 a year. Please note the salary information shown is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations.

What you'll do:

  • Financial Analysis: Analyze financial data and performance metrics related to the operations to identify trends, opportunities, and areas for improvement. Drives accountability for results and defining key performance metrics together with business leaders
  • Decision Support: Provide financial insights and analysis to support operational decision-making, such as evaluating capital deployment opportunities or new projects.
  • Driving initiatives (including CAPEX and INVENTORY) and influence changes: ensure productivity improvements and growth in areas such as operational excellence, continuous improvement, quality and supply chain management
  • Collaborative Planning: Work closely with the operations team to develop action plans, strategies, and initiatives based on financial insights. Drive and monitor the implementation of the plans
  • Financial Modeling: Create financial models to assess the impact of various scenarios on operational performance.
  • Risk Management: Identify financial risks within the operations and propose mitigation strategies.
  • Performance Tracking: Monitor key performance indicators (KPIs) and operational metrics to evaluate performance against targets.
  • Cost Management: Monitor and manage operational costs to achieve efficiency and cost-reduction while maintaining quality.
  • Inventory Management: Implement Inventory control actions and initiatives to maximize operational profitability while maximizing cash
  • Talent Management: Builds organizational capability through successful hiring, talent development, and succession planning in the business
  • Forecasting: lead the main financial processes for the site, such forecasts and profit plan
  • Cost Accounting: Analyze and interpret financial data related to the costs incurred by a company during its operations with the primary objective to provide valuable insights to management, enabling them to make informed decisions regarding cost efficiency, pricing strategies, and overall financial performance.
  • Interim State Job Responsibilites:
    • Lead and support the finance and plant leadership teams through finance transformation:
    • Champion the finance culture change at the plant level, aiding the finance team to operate as business partners.
    • Support all CoE and Transformation initiatives as required.


Qualifications:

Basic (required) Qualifications:
  • Bachelor's degree in finance, business administration, accounting or other related areas from an accredited institution.
  • Five (5) years of progressive experience in accounting/finance working in or supporting a manufacturing, distribution, or similar environment/organization.
  • 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:
  • MBA or advanced degree in accounting or finance from an accredited institution.
  • Eight years of progressive experience in accounting/finance.
  • Two (2) years of experience in data analytics supporting a manufacturing facility.


Skills:
  • Ability to understand and communicate financial concepts to non-financial professionals.
  • Detail-oriented with effective organization and time management skills.
  • Highly motivated, highly analytical and self-starter.
  • Strong financial acumen and business partnering skills.


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.

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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