Lead Financial Analyst

Job Description

Eaton’s Hydraulic Sector is currently seeking a Senior Financial Analyst to join our team. This position is based at our Eden Prairie, MN manufacturing plant. Position Overview: The position is accountable for performing financial analysis, forecasting, budgeting, accounting, special project analysis and creation of financial reports to provide plant and Division management with reliable information to make decisions impacting the financial performance of the corporation. The position will be expected to provide leadership and guidance in order to drive organization capability. The primary purpose is to support the annual profit planning process, analyze monthly performance through financial statement reviews, complete month end tasks, provide presentations to management on financial performance and perform analysis on changes in the business. A strong knowledge of general accepted accounting principles, control concepts, financial and budget principles is required. In addition, a general knowledge of automated systems, and the function of the finance department are required. An advanced working knowledge of Microsoft Excel and PowerPoint are required. The position requires advanced abilities for problem solving, developing and presenting accurate financial information as requested by management. The incumbent must be comfortable presenting to all levels of the organizational structure. The incumbent must be able to flex with changing priorities. Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each and every day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours. In this function you will:

• Proactively implement, promote, and maintain a safe working environment
• Build organizational capability by developing the finance team and functional teams via APEX goal setting and competency development plans. Enhance overall employee knowledge through hands on interactions, training sessions and team building activities.
• Prepare, review and analyze financial forecasts, operating budgets, capital expenditures and strategic plans
• Report daily progress of the business toward the monthly established goals, giving the management team the first line of reporting
• Perform business unit finance/accounting month-end closing procedures, complete account reconciliations, prepare and approve journal entries
• Propose and implement process improvement ideas to enable more accurate and faster reporting
• Actively participate on mini-plant team, value stream teams and business process improvement teams to drive continuous improvement culture
• Oversee management of the Balance Sheet and prepare appropriate reconciliations and analysis.
• Model the Eaton ethical conduct policy, the Eaton Values and Philosophy, and comply with all other corporate, plant, and regulatory policies and regulations as applicable

When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger. Eaton has announced it has reached an agreement to sell its Hydraulics Business to Danfoss A/S. This transaction is expected to be completed by the end of 2020 and this position is expected to remain with the Hydraulics Business and would transfer to Danfoss A/S. upon close. The compensation and benefits that will initially be offered for this position are based on Eaton’s plans, programs and practices. If you are offered and accept this position and are actively employed by the Hydraulics Business when the transaction closes, Danfoss A/S will provide further details to employees concerning compensation and benefits at that time. Qualifications Required (Basic) Qualifications:

• Bachelor’s degree in Accounting and/or Finance from an accredited institution
• Minimum three (3) years of accounting and/or financial analysis
• Must be able to work in the United States without corporate sponsorship now and within the future
• No relocation benefit is being offered for this position. Only candidates within a 50-mile radius of Eden Prairie, MN will be considered. Active Duty Military Service member candidates are exempt from the geographical area limitation.

Preferred qualifications:

• MBA, CMA, or CPA
• Experience with Lean tools and how to apply them to process improvements
• Experience with processing and maintaining capital balances in capital systems and general ledgers.
• Experience using Oracle General Ledger, MFG Pro and Longview (DFT & ENCORE)

Position Criteria:

• Experience in performing both financial and cost aspects of monthly and yearly closing
• Experience in preparing financial statements and analysis of operating results
• Experience monitoring performance against and coordinate forecasting of financial performance
• Proficient in Microsoft applications, specifically PowerPoint and Excel
• Able to work well with people across multiple functions
• Ability to communicate/present to senior level managers
• Ability to handle multiple priorities against multiple deadlines

We are 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. #LI-TB1

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.

Job: Finance/Accounting

Region: North America – US/Puerto Rico
Organization: HYD PMC Power Motion Control

Job Level: Individual Contributor
Schedule: Full-time
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, 10 % of the Time