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Accounts Payable Manager

AT Eaton
Eaton

Accounts Payable Manager

Budapest, Hungary

Join Eaton, a global leader where equality and inclusivity are at the heart of our mission. Here, everyone is valued and belongs. Be part of a team that delivers cutting-edge, energy-efficient solutions, making a tangible impact on the world. We empower our customers to manage electrical, hydraulic, and mechanical energy more effectively, safely, and sustainably. At Eaton, we're dedicated to enhancing quality of life and protecting the environment with our innovative energy management technologies and services.
Our EMEA Business Service Center (BSC) in Budapest is Eaton's largest office in the region. With a diverse team of over 700 people, representing 40+ nationalities and speaking 20+ languages, the BSC is the central hub for business services. It empowers seamless operations and drives exceptional results across our electrical, industrial, and corporate teams. We are proud to be a Disability Friendly Workplace, ensuring an inclusive environment for all our employees.

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What you'll do:

This role within the Global Finance Services & Systems (GFSS) organization focuses on successful delivery of Purchase to Pay services to EMEA business, strategic change, process improvements and cost reduction with special focus on increasing service quality provided by our shared services through implementing and improving finance end to end processes across all business, divisions and functions within the EMEA region by leveraging Genpact and working collaboratively with other GFSS centers, EMEA Controllership Team, Global process owners across Eaton.

  • Active involvement in the development and execution of the GFSS strategy representing regional PTP function including close coordination and input from regional business, functional leaders and global leaders
  • Development and execution of short term and long term regional performance objectives aligned to both regional and global targets, including:
  • Drive improvements and actions plans to achieve desired world class results by working across the organization and external benchmarking for best in class practices. Build organizational capability and foster employee involvement in continuous improvement efforts, through empowering teams and team members to be decision makers. Manage continues improvement initiatives for regionally based support activities in Budapest, Hungary and Glasgow, UK and global initiatives in coordination with support activities in Pune service center and Genpact., eventually deliver efficiency via automation, standardization and digitalization
  • Build internal relationships (operational and functional leadership) and external relationships (audit firms, suppliers and banking partners) to ensure alignment of strategies and goals.
  • Identify functional needs of Customers and Key Stakeholders including corporate controllership team, Internal Audit, Tax and Treasury and deliver solutions to further improve regional customer satisfaction

Qualifications:

  • Economics, Finance or Accounting degree or international equivalent
  • 10 + years of SSC experience, at least 5 years managerial experience preferably in Purchase to Pay/ Accounts Payable function
  • Strong knowledge of U.S. GAAP, familiar with various international accounting practices is a plus

Skills:

  • Experience at a Multi-National Corporation
  • Process Improvement (LEAN / Six Sigma) experience
  • Exposure to SOX and similar regulations

What we offer:

  • A collaborative, inclusive team environment where learning is encouraged.
  • Wide range of Employee Benefits: Hybrid work model, Annual bonus, Cafeteria, Private Medical Insurance, Life Insurance, Eye-glass refund, AYCM partnership, Internal reward system (E-Stars)
  • Employee Wellbeing Support: Access comprehensive support programs designed to enhance your overall wellbeing
  • Family Friendly: Enjoy a family-friendly environment with policies that support work-life balance
  • Talent Management and Career Development: We are dedicated to your professional growth, with a strong focus on internal mobility, continuous learning, and peer coaching
  • Dog-Friendly: Bring your furry friend to work in our dog-friendly office
  • Dedicated Spaces: Utilize our family room, multi-prayer room, stretching room, and chill room for your comfort and convenience
  • Company Yoga Sessions: Participate in regular yoga sessions to stay fit and relaxed
  • Social Responsibility: Join a socially responsible organization committed to making a positive impact
  • Employee Appreciation Day: Celebrate with us on Employee Appreciation Day, recognizing your hard work and contributions

#LI- AW1

We are committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, colour, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.

Client-provided location(s): Budapest, Hungary
Job ID: Eaton-37715Budapest
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Adoption Assistance Program
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Casual Dress
    • On-Site Cafeteria
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Summer Fridays
  • Financial and Retirement

    • 401(K) With Company Matching
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)