Financial Controller (m/f/d)

Job Description

The Crouse Hinds, B-Line, Oil & Gas (CBO) division is part of Eaton’s global electrical sector and has over 100 years of experience in enhancing efficiency, safety and reliability for our customers. Our strategic focus is on driving growth, leveraging innovation and building capability across our global network.

Our current regional team of 1400 people, spanning the UK to India are providing products, solutions and services to customers in the commercial, renewable, oil & gas, mining, pharmaceutical and marine markets. We are on a fascinating journey of evolution both in the region and globally, something we can share with you, should you decide to join us.

As Financial Controller you will be a strong support for the Finance Director in managing all financial activities across the CEAG BU. You will also be responsible for controlling our plants across CEAG with its 4 main plants ranging from run-rate to specialized ETO activities. You will work closely with the Finance Director, Plant Managers and Controllers to ensure full integration and alignment with EMEA & Global Operations to ensure fully transparent, timely and efficient execution and act as an effective link and partner between all of these and the CEAG Finance Director.

The role is responsible for the budgets, forecasts, actuals and ad hoc analysis of all financial activities operational activities in the Crouse Hinds CEAG business in Europe.

Your main responsibilities:

Supporting the Finance Director across all financial controlling activities and manage all aspects of the operational cost accounting and analysis as well as mitigating actions, including:

• Function as deputy of Finance Director with full support of team and financial activities
• Coordinate, preparate and evaluate annual operating, capital budgets and cost roll as well as monthly financial reports and estimates
• Coordinate the preparation of financial data for presentations at review meetings
• Compare actual performance against approved plans and forecasts and recommend courses of action or prepare contingency plans as required
• Optimize profit and cash flows from Operations and other functions
• Calculate and compile of complex cost forecasts and summary reports for e.g. information for business audits
• Perform profit ratio calculations and optimization proposals for the plants, including capacity models and cost impacts
• Optimize inventory in both value and Days on Hand
• Analyze operating cost budget as well as detailed variances between budget and actual results with root cause identification and proposal of mitigation actions
• Prepare guidelines for standardized cost accounting, cost evaluation and cost control procedures
• Continually monitor the different controlling activities (cost and effectiveness studies) performed at the company's manufacturing plants
• Train plant staff in processes and for continuous improvement purposes to ensure optimal utilization of available technical facilities for information assessment
• Participate in different committees, task forces and project teams dealing with cost reduction and optimizing efficiency of manufacturing operations and related processes
• Ensure Compliance with corporate policies, yearly SOD reviews, yearly Purchase order release strategy audits and 2nd level balance sheet reviews of other companies.

• Bachelor's degree with a major in Controlling or Business Administration (MBA Preferred)
• Minimum of 5 years of relevant work experience in a matrix organization in a production environment and multiple plants
• Excellent knowledge of transactional accounting, cost accounting, financial controlling and SIOP
• Ability to analyze complex data and scenarios to make short-term/daily and strategic decisions and find simplified solutions
• Reliability and accuracy of forecast
• SAP knowledge required
• Fluent in English (verbal and written) and German language skills C2 (submission of language certificate may be required)
• Strong communication and presentation skills at all levels of the organization
• Flexible, self-motivated and engaging personality with excellent interaction skills, supporting and motivating personality with a hands-on mentality

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What you will get from us

Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic and mechanical power – more safely, more efficiently and more reliably. 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 day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 85,000 employees.

We make work exciting, engaging and meaningful for our employees through our dedication to tackling some of the toughest power management challenges on the planet and by never losing sight of what matters. Our culture is built on a strong commitment to practicing our core values and supporting our employees with the tools they need to succeed. We pledge to always foster a diverse and inclusive environment, including inclusion resource groups that bring together employees who share a common purpose, interest or background. In the past year, our company has received top employment recognition by the Human Rights Campaign and almost fifty percent of our Board of Directors represented diverse groups. When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger.

We have demonstrated our passion for sustainability with the recent announcement of cutting carbon emissions from the company’s operations by at least 50 percent by 2030. We are ethical, passionate, accountable, efficient, transparent and committed to learning. We are confident we can deliver on our promise to improve the quality of life and the environment because of the attributes that our employees embody.

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.

Job: Finance/Accounting

Region: Europe, Middle East, Africa
Organization: EPG CHD EMEAI

Job Level: Individual Contributor
Schedule: Full-time
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: Yes – Hybrid
Does this position offer relocation?: No
Travel: No