Eaton Hiring for Manager – ETE at   Pune Full Time

The individual in the role will be part of GFSS Pune team responsible for ensuring financial accounting activities at the location are performed end to end from GFSS (Pune) for customers in North America / EMEA Regions. This role is to support Division and ensure all the deliverables for the plants under the Division meet their SLA target. This role is instrumental in supporting the Plant Controller by ensuring that End to End activities are performed accurately & efficiently. The role requires the individual to monitor and analyze accounting data and ensure compliance to the Eaton Financial Policies, legal requirements, GAAP and agreed SLAs with the customers. This individual is responsible to create and implement procedures to improve the internal control environment and streamline efforts. This position also has important responsibility for building organizational capability within the function by developing finance talent through training, mentoring and coaching.

ESSENTIAL FUNCTIONS:

• Process Centric–Obtain and maintain a thorough understanding of the financial reporting and processes (RTR, OTC & PTP) with due focus in managing end to end accounting in the RTR function. Ensure an accurate and timely book close: monthly, quarterly and year end. Also, ensure the timely reporting of all monthly financial information including performing variance analysis.
• Control & Compliance– Implement and drive a Zero Gap culture in the process by proactively identifying and remediating the risks in the process. Ensure compliance with Eaton’s Financial Policies, US GAAP and Local GAAP and the various controls defined by Eaton’s Internal Control Program Office including SOX. Closely work with auditors and will be responsible for closure of all internal audit / SOX gaps identified.
• Collaboration -Collaborates with stakeholders to support overall goals and objectives and function as a “business partner”. Work closely with Plant Finance/ Division Controller, Global Process Leaders on inquiries, special reporting requests and the like. Ability to cut across functions and drive cross functional initiatives which contribute to ultimate Eaton Goals. Work with the Controller to ensure a clean and timely year-end audit.
• Quality culture –Drive and leverage various systems and tools to automate processes and drive process improvements. Encourage use of quality tools.
• Process Standardization– Regular review of existing controls and Governance of the standard processes and ensuring alignment to global defined SSC processes
• Team Management and Build organization capability– Will be responsible for managing a highly skilled and talented team through the development of functional and technical knowledge. Also, ensure seamless support to plant controller through effective team management and back up planning. Monitors and analyzes team’s work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
• Continuous Improvement –Demonstrate a practical approach to continuous improvement of the processes which directly manage the delivery of our services. Improve formalized standards and procedures in using new technologies and facilitates others in learning new technologies. Proactively seeks and acts in ways to positively promote and foster initiative in own team and other departments of the organization. Support Controller with special projects and workflow process improvements.

Competencies

• Understands the vision for the center and takes an active role in furthering the vision. Knowledge of financial accounting requirements under US GAAP and Eaton Financial policies
• Provides and seeks opportunities to improve results through cost reduction, improved efficiency
• Ensures Center’s Financial integrity and internal controls are intact. Possesses knowledge of financial accounting requirements under US GAAP and Eaton Financial policies
• Resourceful in assessing growth opportunities and apply strong business judgement to convert it
• Understands Lean concepts appropriately to drive improvements
• Understands the customers and measures their satisfaction

DIMENSIONS:

• Adherence to Timelines as per the statutory calendar with proactive planning and execution for the ledgers
• Utilizing ERP/Oracle to utmost for reporting.
• Continuous improvements and streamlining of accounting and reporting processes with an aim to reduce time and effort.
• Analytical bend of mind
• Shift working 14.30 to 23.30 IST however needs to stretch beyond the shift and be flexible based on the requirements.
• Readiness for International travel for Training & Transitions
• Accounting Degree (CA) or MBA-Finance with required experience
• Must have an end-to-end process knowledge for GL/FA and good understanding of OTC and PTP encompassing overall accounting as the area
• Good experience of Oracle/SAP ERP
• 15 years’ of total experience
• Knowledge of U.S. GAAP
• knowledge of direct and indirect tax preferable
• Excellent analytical, written and oral English communication skills
• Ability to work collaboratively across boundaries/business lines.
• Should have an exposure to manage a direct team of at least 8-10 Accounting Managers with a total team size of 35 plus
• Be a guide and coach to the team
• Excellent MS Office knowledge (Word, Excel, PowerPoint etc.), Excel Macro

Qualifications
ADDITIONAL INFORMATION:

• Business acumen, Strategic agility, Managing and measuring work develop, mentor and coach direct reports and others
• Dealing with ambiguity with regard to changes in regulations/external requirements
• Systematic process orientation, strong analytical and problem solving skills
• Commitment to compliance
• Be a self-starter & be able to operate without close supervision
• Drive, enthusiasm, openness, honesty, diplomatic, persuasive, coach
• Influencing skills with relationship building with the customers and stakeholders
• Customer service mindset

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