Eaton Corporation Aerospace Finance Speciaist in Titchfield,
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Aerospace Finance Specialist
Eaton Corporation’s Aerospace Group, has an opening for a Finance Specialist. The position will be in the UK, preferably in Titchfield.
The Finance Specialist will operate within the Aerospace Group Finance organization and will focus on finance / accounting support for multiple manufacturing sites globally. This role requires properly accounting for the purchase, leasing, and disposal of capital equipment for the Aerospace Organization, centrally, in accordance with U.S. GAAP, statutory and Tax requirements. The position will work closely with Aerospace financial professionals across the organization, as well as members of tax, treasury, advanced manufacturing engineering and trade compliance. This role will help local sites understand and analyze capital spending, variance investigation, and capital forecasting on a monthly basis. Will work closely with the capital procurement organization and other functions to ensure seamless operation of the capital procurement model and efficiency improvements.
In addition, the role will support the Aerospace Group Finance team with analysis and reporting of manufacturing performance for monthly actuals, rolling forecasts and annual Profit Plans. The role owns and maintains the operational Balanced Scorecards for the Group
Work closely with plant finance professionals across the Aerospace organization to support proper accounting treatment of capital equipment leased to the local facility, including initially valuing the assets, monthly lease accounting and journal entries, and proper sale or disposal of the assets and lease termination.
Lead and manage the financial aspects of large capital projects (>$25K) and related accounting activities centrally for the Organization to gain operational and cost efficiencies.
Ensure all finance and accounting activities are in compliance with U.S. GAAP, local statutory accounting regulations, tax requirements and local law.
Own and maintain the overall capital spend monthly Forecast and annual Plan for the Aerospace Group.
Support the annual profit plan process with the plants, including partnering with the engineering and operations teams to ensure necessary future capital is properly captured within each site’s plan.
Work closely with several corporate functions including tax, treasury, trade compliance and corporate accounting to ensure all internal and external requirements are met and all actions are in compliance with applicable laws and regulations.
Manage a ledger and ensure all necessary activities are properly completed, including monthly reconciliations, journal entries, forecasting, variance analysis and reporting. Provide commentary when appropriate to the Group explaining financial fluctuations and activity.
Provide documentation and evidence upon request to support any internal or external audit activities.
Develop and maintain strong financial processes, including a strong internal control environment for the operation. Drive continuous improvement to ensure increased accuracy and efficiency from a finance perspective.
Perform analysis and reporting of manufacturing performance for monthly actuals, rolling forecasts and annual Profit Plans.
Own and maintain the Excel based operational Balanced Scorecard for the Group.
Bachelor’s Degree from an accredited institution required. Accounting or Finance degree preferred.
Minimum of 5 years related professional experience
Must be legally authorized to work in the UK without company sponsorship
At least 5 - 7 years previous experience in Accounting or Finance at a manufacturing or leasing operation.
Expert level knowledge of Microsoft Excel
Strong ethics, values and the ability to influence others’ decision making.
Ability to manage multiple projects/activities; results driven.
Process oriented and an ability to identify and drive continuous improvement results
Excellent communication and interpersonal skills
Ability to effectively influence and impact across work groups and at all levels in the organization
A formal accounting qualification (ACA, ACCA, CIMA or equivalent)
Experience with manufacturing and consolidation systems (MFgPro, Oracle, Encore, etc)
Understanding and working experience of capital and lease accounting
Strong understanding of U.S. GAAP and technical accounting requirements, including a working knowledge of tax regulations
What Eaton offers?
Competitive compensation and benefits package
Contract in fast growing global company
Challenging projects in dynamic collaborative team
Great promotional opportunities – We encourage internal promotion, whenever possible
Excellent working environment – safety and ethic are important for us
Candidate applying to the vacancy will be subject of the background screening
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.We make what matters work. Everywhere you look—from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day—you’ll find one thing in common. It all relies on power. That’s why Eaton is dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters. We are confident we can deliver on this promise because of the attributes that our employees embody. We’re ethical, passionate, accountable, efficient, transparent and we’re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters.
Region: Europe, Middle East, Africa
Organization: AER Aerospace Group
Job Level: Individual Contributor
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: No
Travel: Yes, 10 % of the Time
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.