Eaton Careers

Senior Cost Accountant

Lincoln, Illinois


Job Description

Eaton’s Electrical Product  Group is seeking a Senior Cost Accountant for its Residential Wiring Devices division.  The Senior Cost Accountant  position will be located at its Lincoln, IL facility. 
Position Overview :
This position is for a Senior cost Accountant  is responsible for all cost accounting activity which includes physical inventory, inventory control, forecast, reporting, and cost revisions.
  • Works as a team with the other accountants.
  • Coordinate the monthly cost roll-up.  This involves communication with engineering and purchasing to ensure that all products have proper bills-of-materials and labor routings.
  • Work closely with coordinators and materials planners to foster good inventory control and minimize exposure to excess and obsolete inventory caused by major and incremental product redesigns.
  • Responsible to plan, provide training, conduct, and reconcile the physical inventory.  Responsible for ensuring daily accurate inventory balances with minimal physical inventory variation.
  • Work closely with controller, other accounting staff and others in plant in developing new labor and overhead rates.  Leads the annual cost revision process with input from the controller.
  • Provide support for various cost analyses in conjunction with the Lincoln engineering personnel.
  • Responsible for determining accurate billings and maintaining control over consignment inventory.
  • Reconciles Accounts Payable Liability GRNI account to ensure all expenses are properly reported.
  • Works closely with the controller and other staff to properly report and input cost savings information.
  • Maintains E&O reserve analysis, ensuring the plant is properly reserved.
  • Responsible for participating in the plant EHS initiatives
  • Supports internal and external audits, assessments, and year end reporting as necessary.


Basic Qualifications:
  • Bachelor degree in accounting or finance
  • Minimum three years experience in financial/general accounting.
  • Legally authorized to work in the United States without company sponsorship
Preferred Qualifications :
  • Working knowledge of corporate systems Oracle, MAPICS, Vista, and Encore. 
  • Strong working knowledge of Excel and strong personal computing skills. 
  •  Knowledgeable about the Oracle journal entry procedures, and Accounts Payable.
  • Strong managerial and interpersonal skills are required, enabling the incumbent to deal with multiple high priority projects.

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.

Job: Finance/Accounting

Region: North America – US/Puerto Rico
Organization: EPG RWDD Residential Wiring Devices Div

Job Level: Individual Contributor
Schedule: Full-time
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: Relocation from within United States and / or Puerto Rico
Travel: Yes, 10 % of the Time

Requisition ID: 049658