Eaton Careers

Team Lead - Accounting

Pune, India
Finance/Accounting

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English

Job Description

The individual in the role will be part of GFSS Pune team responsible and accountable to manage and oversee the daily operations of the PTP, OTC & RTR teams that are supporting the customers (in EMEA/ North America Regions) from GFSS, Pune. The role requires the individual to monitor and analyze accounting data and ensure compliance to the Eaton Financial Policies, legal requirements, GAAP and agreed SLAs with the customers. This individual is responsible to create and implement procedures to improve the internal control environment and streamline efforts. This position also has important responsibility for building organizational capability within the function by developing finance talent through training, mentoring and coaching.
ESSENTIAL FUNCTIONS: (Limit yourself to 8-12 statements)
  • Process Centric - Obtain and maintain a thorough understanding of the financial reporting and processes. Ensure an accurate and timely monthly, quarterly and year end close and ensure the timely reporting of all monthly financial information. Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
  • Collaboration - Collaborates with the other stakeholders to support overall goals and objectives. Work closely with Plant Finance/ Division Controller, Global Process Leaders on inquiries, special reporting requests and the like. Work with the Controller to ensure a clean and timely year-end audit.
  • Control & Compliance - Identifying the risks in the process and implementing the process controls accordingly. Compliance with corporate policy, including SOX. Will be responsible for closure of all internal audit / SOX gaps identified. To ensure compliance of the entity financial practices with all respective statutory and Local GAAP/Eaton Financial Policies requirements. Responsible for conforming to corporate policies and reporting, legal requirements, Local and US GAAP
  • Quality culture: Drive and leverage various systems and tools to automate processes and drive process improvements. Encourage use of quality tools like BPI, EBE, etc.
  • Process Standardization: Regular review of existing controls and Governance of the standard processes and ensuring alignment to global defined SSC processes
  • Build organization capability - Ensuring development of domain knowledge and back up planning for the team. Successfully migrate critical tasks
  • CI- Demonstrate a practical approach to continuous improvement of the processes which directly manage the delivery of our services. Improve formalized standards and procedures in using new technologies and facilitates others in learning new technologies. Proactively seeks and acts on ways to positively promote and foster initiative in own team and other departments of the organization. Support Controller with special projects and workflow process improvements.
  • BPI/ Lean Culture: Implement and improve processes and operational procedures including, but not limited to the specific process.
Record any measurable statistics which your position impacts such as production expenses, maintenance expenses, sales volumes, payroll costs, capital expenditures, research budgets, cost of purchases, value of inventories controlled, employees supervised (direct and indirect).
•             Adherence to Timelines as per the statutory calendar with proactive planning and execution for the ledgers
•             Utilizing ERP/Oracle to utmost for reporting.
•             Continuous improvements and streamlining of accounting and reporting processes with an aim to reduce time and effort.
•             Analytical bend of mind
•             Shift working 12.30 to 21.30 however needs to stretch beyond the shift  based on the requirements.

Qualifications

Describe any specialized knowledge or skill (e.g., technical, scientific, administrative, managerial) which your position requires.
•             Accounting Degree (CA) or MBA-Finance with required experience
•             Must have an end-to-end process knowledge for GL/FA  and good understanding of OTC and PTP encompassing overall accounting as the area
•             Good experience of Oracle ERP
•             7-9 years of total experience
•             Knowledge of U.S. GAAP
•             knowledge of direct and indirect tax
•             Excellent analytical, written and oral English communication skills
•             Ability to work collaboratively across boundaries/business lines.
•             Should have an exposure to manage a team for atleast 4-5 team members
•             Be a guide and coach to the team
•             Excellent MS Office knowledge (Word, Excel, PowerPoint etc.), Excel Macro                           
Describe all other aspects of your position that you feel are important and which have not been adequately covered (i.e. unique problems encountered, special freedom to take action, critical outside contacts, exceptional working conditions etc.)
              
*             Dealing with ambiguity with regard to changes in regulations/external requirements
*             Systematic process orientation, strong analytical and problem solving skills
*             Commitment to compliance
*             Be a self-starter & be able to operate without close supervision       
*             Drive, enthusiasm, openness, honesty, diplomatic, persuasive, coach, encourage
*             Influencing skills with relationship building with the customers and stakeholders

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: Asia Pacific
Organization: Corporate Sector

Job Level: Team Leader/Supervisor
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?: No
Travel: Yes, 10 % of the Time

Requisition ID: 052387