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Eaton
Glenolden, PA | Full Time
$63k-77k (estimate)
2 Months Ago
Program Financial Analyst
Eaton Glenolden, PA
$63k-77k (estimate)
Full Time | Durable Manufacturing 2 Months Ago
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Eaton is Hiring a Program Financial Analyst Near Glenolden, PA

Eaton’s IS AER FED division is currently seeking a Program Financial Analyst. This hybrid role may be located within 50 miles of any Eaton FED United States location (Jackson, MI, Torrance, CA, Rumford, RI, Bethel, CT, Glenolden, PA, Middlesex, NC, Cleveland, OH or Beltsville, MD).
The expected annual salary range for this role is $91500.03 - $134200.04 a year. This position 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.
What You’ll DoThis position is responsible for supporting the financial activities of the Program Management and Engineering functions for the Fluid and Electrical Distribution (FED) division, based in Jackson, MI. These responsibilities include, but are not limited to, program financial measurement and reporting, contract accounting, supporting new business proposals, and business partnering with engineering and program management to analyze and report cost drivers and spend activities for strategic development programs and R&D investments. This position will ensure that the tracking, reporting, and forecasting of Gross R&D and program expenses is completed on a monthly basis, and will work with the program managers, engineering, and local finance to understand all changes.
Essential Functions
  • Monitor and communicate the program management spend for the division and provide the department with interpretation of variances from plan, forecast, or baseline targets
  • Prepare monthly report out on all major programs. Including updates on IRR, NPV, shipset cost, and all spending variance analysis.
  • Business partner with program managers to control costs, maximize revenue from scope changes, ensure milestone invoices are raised promptly, mitigate risks and manage the budget.
  • Complete Estimate to Complete calculations (ETC) when required by the contract and ensure these are reviewed and approved by division management
  • Be an active participant in the pro-launch process and specifically support Pro-launch gate reviews and provide all necessary financial analysis in a timely fashion.
  • Assist in the preparation of strategic plans, annual profit plans, and monthly rolling forecasts for all major programs and for the Gross R&D budget within a portfolio of plants and programs.
  • Support proposal management by participating in the development of financial analysis for all new program business proposals, capital investments, and potential new product endeavors.
  • Assist Engineering and Program Management in the identification of financial risks and developing mitigation plans.
  • Identify opportunities for and implement improvements to PMO processes. This will include active participation in multiple cross-functional teams.
  • Serve as Oracle Time & Labor (OTL) support for all NA sites ensuring timely and accurate reporting and forecasting of project spend.
  • Partner with Engineering to forecast and report progress on IR&D and Sustaining spend.
Qualifications
  • Bachelor’s degree in Accounting or Finance from an accredited university required.
  • Minimum of two (2) years of Cost Accounting experience in a Manufacturing environment required
  • This position requires use of information or access to hardware which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. ‘Green Card Holder’), Political Asylee, or Refugee.
  • Relocation benefits are being offered for this position. Only candidates willing to relocate or that currently reside within 50-miles of a FED US facility (Jackson, MI, Torrance, CA, Rumford, RI, Bethel, CT, Glenolden, PA, Beltsville, MD, Middlesex, NC or Beachwood, OH) will be considered.
  • Active-Duty Military Service member candidates are exempt from the geographical area limitation.
  • Must be able to work in the United States without corporate sponsorship now and within the future
Preferred Qualifications
  • MBA/CPA/CMA
  • Strong technical expertise (US GAAP/IAS) in accounting and finance, specifically in application to commercial/government long-term development and production contracts.
  • Experience in leading teams and managing multiple projects. Demonstrated strong verbal, written, and interpersonal skills with ability to establish effective cross-functional relationships.
  • Proven leadership and possession of problem solving skills.
  • Knowledge of computerized accounting systems to include word processing, spreadsheet software and integrated ERP / accounting systems (ie, Excel, Word, Powerpoint)
  • Working knowledge of SOP 81-1 and EITF 99-5
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.
Eaton considers qualified applicants regardless of criminal histories, consistent with local laws. To request a disability-related reasonable accommodation to assist you in your job search, application or interview process, please call us at 1-800-836-6345 to discuss your specific need. Only accommodation requests will be accepted by this phone number.
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.
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Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$63k-77k (estimate)

POST DATE

04/29/2024

EXPIRATION DATE

07/21/2024

WEBSITE

eaton.com

HEADQUARTERS

HICKSVILLE, NY

SIZE

500 - 1,000

FOUNDED

1911

CEO

LISA GOODMAN

REVENUE

$200M - $500M

INDUSTRY

Durable Manufacturing

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About Eaton

*Planes. Hospitals. Factories. Data centers. Vehicles. The electrical grid. These are things people depend on every day. And the companies behind them depend on Eaton to solve some of the toughest power management challenges on the planet. Eatons 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. Eatons 2020 revenues were $17.9 billion, and we sell prod...ucts to customers in more than 175 countries. We have approximately 92,000 employees. For more information, visit www.eaton.com Eaton is an Equal Opportunity and Affirmative Action Employer. Eaton is 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. More
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