Eaton Careers

Finance Manager

Tanauan City, Philippines
Finance/Accounting

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Job Description

 

The position will be responsible for the management of Philippine numerous internal reporting and external compliance including with SEC, BSP and PEZA. The role will include the preparation and filing of consolidated statutory financial statements for two legal entities and supporting tax manager with preparation of the tax returns and  any PEZA requirements  
 
In addition this role has responsibility of Corporate Ledger activity center financial management including monthly actual report, rolling forecast, profit plan, cash management and internal reporting for business requirement.
Provide financial support for HR Shared Service management of actual results, monthly rolling forecast and profit plan.
 

In this role the candidate will need to provide guidance to operation business units with corporate policy and procedure implementation, and US GAAP reporting assistance as well as work on special projects, e.g. financing arrangements with treasury, restructurings, and acquisition/divestiture coordination and facility expansion and integration. This will need to provide strong business partnering with operating business units to provide guidance on variety of tasks across functions such as: legal, tax, treasury, accounting, property, insurance and HR.

 

ESSENTIAL FUNCTIONS:

    1. Responsible for full GL responsibility for month-end and submission of comprehensive account reconciliations on a monthly basis including monthly financial statements, rolling forecasts  and year-end closing for corporate Philippines ledger;
    2. Perform accurate and timely internal and external reporting; Implement improvements to monthly closing procedures ensuring accuracy and timeliness.
    3. Direct profit plan, rolling forecast and cost control;
    4. Supporting process improvements and system implementations to ensure enhancements of reporting processes;
    5. Annual preparation of the financial stations up to the filing of tax reports and statutory accounts;
    6. Coordinate year end external audits for US GAAP and PH GAAP and PH corporate income tax filing;
    7. Perform cash requirement with Treasury Team;
    8. Assure internal control compliance to ensure protection of assets and accurate reporting of the financial position;
    9. Lead FAS109 reporting for legal entity of EIPL, PH Branch;
    10. Lead corporate system implementation in Philippines;
    11. Lead settlement of local tax audit;
    12. Lead applying for recurring tax credit for EIPL, PH Branch.
    13. Conduct comprehensive balance sheet reviews. 
    14. Support Philippines finance team with the collation and preparation of the business unit’s Operating Results at monthly Operating Reviews with Asia Pacific Controllers.
    15. Assist the Finance Manager in development and achievement of finance department goals and objectives.  Particularly provide guidance and mentorship to team, champion financial policies, continuous process improvements whilst managing financial integrity and internal controls.
    16. Assist the Finance Manager to build organizational capabilities by supporting the recruitment, training, and development of finance personnel to provide for succession planning, individual career development and growth opportunities.
    17. Guides the application of corporate policies, procedures, GAAP, organization changes, and ensures their distribution to Philippines finance staff so that such knowledge is applied to the financial process.
    18. Responsible for the implementation and deployment of actions to ensure an adequate environment of internal control.  Provide compliance with Sarbanes-Oxley and all applicable statutory requirements as they apply to areas of responsibility. Ensure compliance with USGAAP, Letters of Representation and local GAAP, statutory and fiscal requirements.
    19. Provides guidance and direction in the provision of advice and technical assistance to the Philippines operations on technical accounting issues, fiscal matters, and intercompany recharging of costs, in accordance with fiscally acceptable criteria and corporate objectives.

Qualifications

  • Bachelor's degree in Accounting/Finance,
  • Must have BOA Accreditation
  • 8-12 years of financial management experience with consolidation of statutory accounts expertise
  • Knowledge of US and local GAAP and tax practice
  • Minimum 8 years working experience in a Finance/Accounting position ideally with US MNC  manufacturing or audit manager in a big 4 accounting firms with experience in Philippines.
  • Having experience in multiple facet management based overseas to manage finance/accounting functions locally (e.g. GL, profit plan/rolling forecast preparation and etc.) and exposure to finance shared services would be preferred.

Eaton is a power management company with 2015 sales of $20.9 billion. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 97,000 employees and sells products to customers in more than 175 countries. For more information, visit www.eaton.com. At Eaton, we see things differently. We see opportunities to innovate, go above and beyond, and we work hard because what we do reflects who we are. If you see things differently—if you’re determined, motivated and focused on improving the world around you—then it’s time to see where a career at Eaton can take you. For more information, visit www.eaton.com/careers. 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.

Job: Finance/Accounting

Region: Asia Pacific
Organization: PQD DPQD Distributed Power Quality Division

Job Level: Manager
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: No

Requisition ID: 060139