Eaton Careers

Manager, Cost Accounting & Planning, Industrial Sector

Cleveland, Ohio


Job Description

Position Overview:


Eaton Corporation has an opening in the Industrial Sector Finance team for a Manager, Cost Accounting & Planning, located in our Beachwood, OH facility.


Reporting to the VP/Controller – Industrial Sector, the primary function of this role is to lead and support the cost planning and analysis of the Global Industrial Sector. The Industrial Sector has annual revenue of approximately $8.0B. This position is responsible for development, management, and reporting for key Industrial Sector global processes at the Sector level.  It includes all reporting and analysis, as well as, the development of written cost related policies for those processes.

Essential Responsibilities:
  • Develop a Center of Excellence for key accounting processes.  Coordinate all related cost accounting planning and reporting activities related to monthly results, monthly rolling forecast, profit planning, strategic planning, and operating review requirements
  • Provide financial analysis, insight, interpretation, and communication to senior management of the Industrial Sector
  • Provide resources and support for the Industrial Sector, globally
  • Serve as liaison between the Sector, Corporate, and the individual reporting Segments for all related requirements
  • Functionally manage the cost accounting team, as it related to CoE processes
  • Lead and coordinate the annual tax-based transfer pricing project for the Industrial Sector
  • Ensure understanding of how this project will impact costs
  • Act as the functional leader and cost accounting expert for the Operating Segments.  Identify key cost accounting processes to centralize, to streamline and to manage all aspects of the processes. (An example is managing the capitalization of manufacturing variances (FAS 151) process)
  • Manage and develop all predictive reporting and analysis to help the Sector manage potential future risks and opportunities more proactively.  (An example is Red Flag Reporting)
  • Develop system-based solutions for reporting requirements to streamline and improve efficiency.
  • Serve as liaison between the Industrial Sector and E&Y, Internal Audit, and SOX for all financial processes in the Sector COE
  • Develop accounting policies, procedures, and schedules for finance processes in the Sector COE
  • Maintain high level of ethical standards and identify and analyze problem areas and recommend appropriate course of action
  • Coordinate and analyze annual costs role and impact to business
  • Coordinate and ensure timely and active cost accounting testing and updating 
Position Criteria:
  • Self-Starter with the ability to develop strategic initiatives and drive results
  • Must be a proactive communicator to all levels of management
  • Demonstrated ability to influence broad organization directions and the attainment of objectives
  • Strong interpersonal and leadership skill set that is effective at all levels of the organization
  • Ability to manage multiple projects, timelines, and relationships in a global organization
  • Leadership consulting, influencing and coaching skills


Basic Qualifications:
  • Minimum 7 years related cost accounting experience
  • Must be legally authorized to work in the United States without company sponsorship 
Preferred Qualifications:
  • Certified Public Accountant (CPA) or Certified Management Accountant (CMA) preferred
  • Previous experience within a manufacturing organization preferred 

An undergraduate degree is required.  A Master’s Degree is preferred


Eaton recognizes this role as a critical position within the corporation and will create a compelling package consisting of a base salary, a performance incentive bonus and complete benefits


This position is based at our Beachwood, OH facility

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: Industrial Sector

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?: Relocation from within hiring country only
Travel: Yes, 10 % of the Time

Requisition ID: 069040