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Finance Leader - Indirect Materials

AT Eaton
Eaton

Finance Leader - Indirect Materials

Beachwood, OH

We are currently seeking a Finance Leader - Indirect Materials to join our global Corporate Finance team. The preferred location for this position is our corporate office in Beachwood, OH (Cleveland area) but could also be based at our Moon Township, PA (Pittsburgh area) location. Candidates must live within 50 miles of these locations as relocation assistance is not available. 10% travel is expected.

Eaton is a ~$23B Revenue, Fortune 200 intelligent power management company with a presence in over 170 countries globally. We were founded in 1911 and have been listed on the NYSE for over 100 years. We are a complex, multinational company with a focus on the digitalization of both our processes and our products.

What you'll do:

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As the Finance Leader for Indirect Materials, you will be the Finance Leader and Finance Business Partner for the Global Procurement Organization (GPO) and Business SCM teams, with a focus on Indirect Materials ($2.5B+ spend oversight). You will support and partner with the teams to implement, support negotiations, track progress, and achieve Business and Category strategies, supplier monitoring and development, and aid in any process optimization leading to overall value realization within Indirect Materials across Eaton. You will be part of the newly created Operations Finance organization within the Supply Chain Finance team and will be expected to work cross-functionally across the organization to analyze data and identify opportunities for improvement throughout the Indirect Material supply base (profitability, cash flow, resiliency, lead times, quality).

Job Responsibilities
- Support and partner with the GPO and Business teams, to ensure the achievement of Category / Business strategies including ARIBA Guided Buying, Hub & Spoke program deployment, MRO Optimization initiatives, etc.
- Identify specific opportunities and actions by leveraging SCM tools, such as should cost and total cost of ownership, that can be taken and to drive accountability to execute actions across the Enterprise
- Partner with GPO, Business SCM, and Project Management teams, on managing the project pipeline and project hopper progression to ensure financial commitments are achieved
- Lead efforts in determining and achieving Indirect Material targets for the annual Profit Plan, which includes specific goals and objectives for each Business and Category (for Cost Out, Payment Terms, Inflation Mitigation)
- Coordinate and lead monthly Actual and Forecast reviews with the GPO and Business SCM teams for Indirect Materials, regarding supplier and category cost out and payment term performance, as well as economic impacts for Energy, Packaging, Labor, and other categories
- Develop and maintain meaningful and actionable reporting on Indirect Materials performance including spend (purchases, receipts, invoices paid), cost out, supplier price increase requests, payment term progression, resiliency, and compliance to policy and programs at the Business and Category levels
- Support and partner with the applicable teams to implement and update policies, procedures, systems and programs that apply to Indirect Materials

Qualifications:

Basic Requirements:

- Bachelors Degree from an accredited institution required
- Minimum 7 years of professional experience in progressive Accounting and/or Finance roles
- Experience as a finance business partner in a complex, best-in-class finance function
- Must be able to work in the US now and in the future without company sponsorship

Preferred Requirements:

- Bachelors Degree in Accounting or Finance preferred
- CPA, CMA certification preferred
- Masters Degree in Business Administration from an accredited institution
- FP&A and finance operations experience, including cost accounting and productivity analysis
- SAP and Oracle experience preferred
- Experience within a global / multinational manufacturing company
- Plant-level operations finance experience preferred

Skills:

- Strong analytical skills and continuous improvement mindset
- Strong interpersonal communication skills and project management skills
- Strong cross functional collaboration and change management skills
- Strong understanding of financial business processes
- Demonstrated problem solving skills including the ability to identify strategic approaches to ensure proactive solutions

At Eaton, we strive to provide compensation and benefits that attract, engage, and retain the best talent. This includes competitive pay and a variety of benefit programs for eligible employees. The expected annual salary range for this role is $141000.03 - $206800.04 a year. This role 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.

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 believes in second chance employment. Qualified applicants with arrest or conviction history will be considered regardless of their arrest or conviction history, consistent with the Los Angeles County Fair Chance Ordinance, the California Fair Chance Act and other local laws.

You do not need to disclose your conviction history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if Eaton is concerned about conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.

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.

Client-provided location(s): Beachwood, OH 44122, USA
Job ID: Eaton-39139Beachwood
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)