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Lead Financial Analyst- Direct Materials

Eaton
Beachwood, OH Remote Full Time
POSTED ON 3/4/2024 CLOSED ON 3/25/2024

What are the responsibilities and job description for the Lead Financial Analyst- Direct Materials position at Eaton?

Eaton’s Corporate Sector division is currently seeking a Lead Financial Analyst- Direct Materials.

The expected annual salary range for this role is $91500.03 - $134200.04 a year.

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 do:

Eaton’s Corporate Sector is currently seeking a Lead Financial Analyst- Direct Materials to join our team. This position will work out of our North America Corporate Headquarters in Beachwood, OH. Hybrid work schedule available.


Position Overview:
Reporting to the Senior Finance Manager of Direct Materials, the Lead Financial Analyst- Direct Materials is primarily responsible for driving efficiency and value to the organization through standardizing, analyzing, and reporting on key metrics to the function, including market economics, payment terms, and commodities hedging. This role will partner closely with the global organization and will work heavily in a cross-functional environment..
In this function you will:
  • Drive efficiencies in reporting and provide analytical insights into economic drivers and impact to the financial statements (i.e. lead time analytics, surcharge analyses, etc.)
  • Partner with the Global Procurement Office and the business teams to analyze supplier price increase requests and supplier price increase recovery to determine impact to the financial statements
  • Liaise with the Treasury team in supporting the cash flow and intra-quarter (fair value) commodity hedging programs
  • Drive consolidation and standardization of reporting throughout the global enterprise
  • Develop payment term analysis and reporting to highlight areas of opportunity in driving working capital improvement throughout the direct materials function
  • Collaborate with the cross-functional teams (i.e. Supply Chain Center of Excellence) to build analytical models to drive insights for the global enterprise (i.e. economics implications or cost out opportunities)
  • Partner with global category teams to outline addressable spend and identify areas of opportunity
  • Support in the efforts to onboard business/regional surcharge invoices to centralized processing and validation through the Global Supply Chain Center of Excellence
  • Manage ad hoc analyses in support of the global direct material procurement function.


Qualifications:

Required (Basic) Qualifications:
  • Bachelor’s Degree in Accounting, Finance, Economics or related field from an accredited institution.
  • Minimum 5 years experience in Accounting/Finance related role.
  • No relocation is being offered for this position candidates must be located within a 50 mile radius of Beachwood, OH to be considered.
  • Must be able to work in the United States without corporate sponsorship now and within the future


Skills:

Position Criteria:
  • Experience with data analytics and analyzing complex datasets
  • Advanced knowledge of Microsoft Office Excel and PowerPoint
  • Detail-oriented, analytical and accurate
  • Comfort and familiarity with a fast-paced, dynamic, and ambiguous work environment
  • Strong written and verbal communication skills
  • Excellent analytical skills to interpret and relate financial data into key insights, drivers and commentary
  • Ability to manage time and responsibilities effectively.


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.

Salary : $88,500 - $129,800

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