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Finance Director - Engineering
Finance Director - Engineering-September 2024
Beachwood
Sep 22, 2024
ABOUT EATON
We’ve made a promise to improve the quality of life for people everywhere. We’re taking the lead on the most meaningful trends shaping the world today
10,000+ employees
Engineering, Manufacturing
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About Finance Director - Engineering

  Eaton's operations finance team is looking for a Director of Finance to support the global engineering function. This is a visible role and a critical part of Eaton's innovation and engineering efforts. This position will be based in our corporate office in Beachwood, OH. Relocation assistance is available.

  Eaton is committed to improving people's lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. As a result, our businesses are focused on engineering new products and technology to help solve the world's toughest electrical and mechanical power management challenges. In this role, you will have a direct impact on our future serving as the Finance Business Partner to the Chief Technology Officer (CTO).

  What you'll do:

  This position reports directly into Finance and is responsible for all aspects of business partnering related to Eaton's enterprise-wide engineering efforts and is responsible for the global R&D budget of $750M. As a successful business partner, you will focus on using financial data and analysis to drive value for the global engineering function. This is position is a key member of the CTO's Engineering & Technology leadership team.

  Job Responsibilities:

  • Strengthen the linkage of engineering spend to revenue growth, cost savings, strategic planning and business performance

  • Perform strategic planning for the global engineering function

  • Optimize engineering resource allocation and investment to drive increased throughput and higher ROI

  • Define actions and initiatives to proactively address risks and deliver on opportunities

  • Build strong relationships across functions and businesses to be able to influence and drive change in a highly matrixed and collaborative environment

  • Drive increased centralization and standardization across global engineering

  • Develop an engineering footprint strategy to increase best cost country utilization and reduce the number of engineering sites worldwide

  • Drive zero-based budgeting and prioritization of engineering projects

  • Develop key performance indicators to assess engineering productivity and project returns

  • Review global engineering financial information with the CTO, senior engineering leadership and sector and divisional management

  • Partner with the Director, Project Accounting COE, IT and Engineering Functional Excellence to automate and digitize engineering project accounting and reduce the time spent on these activities by engineering leaders

  • Build out the organizational design for engineering business partnering and hire strong, promotable talent for the organization

  Qualifications:

  Required Qualifications:

  • Bachelor's Degree from an accredited institution

  • Minimum 10 years in ascending leadership roles with finance as a primary focus

  Preferred:

  • Master's degree in Finance, Accounting, or Business Administration

  • Experience in an innovation-driven organization with significant focus on engineering/R&D finance

  • Previous experience serving as a business partner to executive leadership; comfort around presenting at executive level

  • Experience in a multinational/global organization

  Skills:

  • Ability to lead and influence in a matrixed and collaborative global organization

  • Ability to think strategically while also being able to scale down into details

  • Digital mindset

  • Analytical thinking

  • Comfortable navigating ambiguity

  • Ability to drive transformative change across an organization

  • Excellent interpersonal and communication skills in order to interact effectively and influence employees at all levels within the organization

  • Sense of urgency and drive for results

  The expected annual salary range for this role is $168750.0- $247500.0 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.

  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.

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