Eaton Corporation is seeking a Group Vice President Finance, Energy Solutions & Services (ESS), Electrical America division. This person will report directly to the President of the Energy Solutions and Services Group, Electrical America and functionally to the VP Finance, Electrical America. This position will be based in either Moon Township, PA or Waukesha, WI.
What you'll do:
The Group Vice President of Finance will serve as a key member of the senior leadership team and will be responsible for leading the ESS group finance organization (Group VP, Regional and Plant Controllers). This includes ensuring that the business conforms to corporate financial policies, legal requirements and GAAP as well as providing strategic, analytical, and tactical financial leadership to maximize profitable growth and support the larger strategic initiatives for the ESS Group and the Electrical America. The Group Vice President will also be responsible for internal controls, financial planning & analysis, and global product line support. He/she will have financial P&L and full balance sheet responsibility and will drive process improvements within the organization, creating and implementing policies increase efficiency and transparency of results. In addition, this position is responsible for building organizational capability within the Finance function in the pursuit of the business group's goals and aggressive growth objectives.
Essential Responsibilities:
• Work with Group President and Senior Leadership Team to set overall financial goals and objectives as well as functional goals and objectives in support of our strategic plan and current year profit plan
• Directs general and property accounting, cost accounting, and budgetary control for the ESS Group. Evaluates operating results in terms of costs, budgets, operating policies, trends and increased profit opportunities for the business
• Facilitate key monthly business operating reviews to help drive execution of our profit plan and longer-term strategy
• Perform ad hoc financial analysis to identify opportunities for profitability improvement - customer, sales, marketing, pricing/mix, new product development, operations, supply chain and cost-out
• Prioritize opportunities and provide leadership to the cross functional teams to address areas for continuous improvement
• Ensure compliance with SOX, GAAP, and Eaton Financial Policy including integrity of all Balance Sheet items. Develop Finance functional excellence and stability thru deployment of organizational model that aligns personnel with requirements of a global business
• Provide financial leadership on a variety of strategic business projects - large commercial/pricing decisions, M&A or partnership opportunities, multi- generational product plans, supply chain optimization and new business opportunities
• Develops key leaders and builds organizational capability through successful hiring, talent development and succession planning throughout the function and across all regions
• Foster an environment that promotes Eaton's goals, philosophies, and encourages continuous improvement
• Plays a role in representing the company in the local community to enhance its image and reputation
Qualifications:
Position Criteria:
• Strong interpersonal, communication and leadership skills
• Ability to operate across, and influence within, a complex matrixed global organizational structure
• Thorough knowledge and understanding of accounting principles and concepts
• Pronouncements of external regulatory bodies, such as Financial Accounting Standards Board, SEC, IRS and IASB
• International experience across financial disciplines, i.e., tax strategies, transfer pricing, currency hedging, statutory reporting, and legal entity implications
• Ability to prepare, analyze and interpret financial and operations analyses/reports
• Broad general business knowledge
• Working knowledge of financial and ERP systems
• General knowledge of all functional areas of the Group, Sector and Corporate organizations
• Working knowledge of sourcing and manufacturing practices followed by Operations personnel
Basic Qualifications:
• Minimum of 10 (ten) years of broad financial experience within a complex, global manufacturing organization
• Legally authorized to work in the US without company sponsorship
Leadership Competencies:
• Creates, promotes and sustains a high-performance culture. Continuously raises the performance bar for the finance organization
• Actively upgrades the organization through the infusion of top talent, through both the selection of new employees and the development of current employees. Must be capable of evaluating talent and building organizational capability. Requires good mentoring and coaching skills
• Continuously re-assesses the organization's skills, competencies, and abilities to meet the business needs and drive results
• Effectively drives and manages change, challenges the status quo and champions new and innovative ideas
• Demonstrates professional presence, communicates articulately and confidently
• Exhibits managerial courage in defending a position and handling conflict
• Effectively leverages functional and cross-functional resources to solve problems, improve processes and meet objectives
• Acts as a business partner - sees the big picture - provides broad thought leadership
Education:
• An undergraduate degree is required. A Master's degree is preferred
Compensation:
• Eaton recognizes this role as a critical position within the corporation and will create a compelling package consisting of a base salary, employee incentive compensation, including long term incentive and complete benefits
Location:
• This position will be based in either Moon Township, PA or Waukesha, WI
ABOUT EATON:
Why Work At Eaton:
https://www.eaton.com/content/dam/eaton/company/careers/whyworkateatonflyer/Why-Work-at-Eaton-Flyer-boxes.pdf
2023 Annual Investor Conference:
https://www.eaton.com/us/en-us/company/investor-relations/investor-toolkit/financial-reports/annual-investor-conference.html
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.
The expected annual salary range for this role is $191250.0 - $280500.0 a year. This position 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.