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Eaton Corporation RTR Manager- NA Controllership in Pune, India

What you’ll do:

Job Summary:

1) Provide leadership to and manage the activities and resources of Electrical Sector NA for Global Financial Services and Systems (GFSS), Pune and further grow the Electrical vertical as per roadmap. Deliver exceptional customer service and maintain & promote an effective internal control environment and build organizational capability.

2) This leadership position has the overall responsibility to manage the operational performance of Electrical NA sites including month close, variance analysis, compliance (reconciliations), manufacturing financial insights and agreed upon business metrics per site. This role will support by working closely with Divisions/Controller in developing forward-looking insights to drive management decision, actions and improve operational and financial results. It provides proactive leadership around issues and opportunities with problem solving, solutions-oriented approach.

3) The Electrical NA Manager provides technical competency to ensure compliance with corporate financial policies, various accounting policies (US GAAP) and internal controls (SOX).

Management of End to End Services for Electrical Sector.

A. Ensure monthly closure of books within the timelines set. Ownership of account reconciliation process to maintain integrity of general ledger and its supporting sub-systems. Assess adequacy of reserves and overall financial reporting.

Process Focus - 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.

B. Drive a lean culture through use of EBS (Eaton Business System) Lean tools – Six Sigma, BPIs (Business Process Improvement), etc. and through use of technology like Robotics Process Automation (RPA), etc.

Ensure Compliance

A. Promote and maintain an effective Internal Control environment that supports compliance with both US GAAP and all local & statutory requirements in all countries supported by GFSS, Pune. This includes compliance with all the requirements of Sarbanes Oxley (SOX).

B. Establish, monitor and maintain a system of internal controls that safeguards company asset and provides for integrity and propriety of financial transactions and activities. Compliance with corporate policy, including SOX.

People Management

A. Provide adequate training and oversight to all finance personnel to ensure account reconciliations meet Eaton’s requirements. Provide leadership and support for the Balance Sheet Review process.

B. Build Organizational Capability: Attract and select talent to meet current and future business needs, develop employees to meet organizational goals as well as career goals, and build effective teams that apply diverse skills and backgrounds to achieve organizational objectives. Foster employee involvement in continuous improvement efforts, by empowering teams.

C. People Management: This position would be responsible for managing a highly skilled & talented team with responsibility for mentoring and developing talent.

Qualifications:

15 to 20 years of experience in accounting, finance with people management or related areas

Professional candidate (CA/ICWA/CS/MBA or equivalent), or post graduate from reputed institution

  • 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 Knowledge of financial accounting requirements under US GAAP and Eaton Financial policies

  • Resourceful in assessing the growth opportunities and applies strong business judgement to convert it Knowledge of financial accounting requirements under US GAAP and Eaton Financial policies

  • Understands Lean concepts appropriately to drive improvements Knowledge of financial accounting requirements under US GAAP and Eaton Financial policies

  • Understands the customers and measures their satisfaction

Skills:

Business acumen, Strategic agility, Managing and measuring work, develops and directs reports and others

Acts as a business partner; sees the big picture and works through ambiguity and change

Problem Solving - use rigorous logic and methods to solve difficult problems, able to see hidden problems

Leadership and sense of urgency: ability to drive to positive results in a complex environment

Demonstrated success working through others to achieve outstanding results

Individual must demonstrate leadership and ability to drive change in a complex organization

Motivating others - creates a climate in which people want to do their best

Strategic Agility - sees ahead clearly; can create competitive and breakthrough strategies & plans

Customer excellence focus - ensuring the customer satisfaction is achieved and continuously maintained

Encouraging digital mindset in team to develop solutions and ideas enabling digitization culture

Influencing organization and team to achieve short and long term change management goals

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