Business Service Center Accountant
Would you like to make a difference to the environment? Do you want to work for a global and ethical company? Join us and help us provide energy-efficient solutions that make a real impact. We make what matters work.
To find out more about us check: https://www.youtube.com/watch?v=baa_aiJ4L7E
We established Eaton’s EMEA Business Service Center (BSC) in 2015 where more than 600 people are working on what matters. Our mission is to provide high value services to support internal and external customers across Eaton’s Electrical, Hydraulics, and Corporate functions in EMEA.
By joining our Accounting Team, you will become a key actor of the accounting function within our Budapest BSC. Your primary objective will be to provide accurate financial analysis that can be used to support and influence decision making for Eaton Corporate Finance teams. You will be expected to provide a financial controllership service including review and analysis of monthly results and implement monthly variance reporting as compared to budget and forecast.
You will make a difference by:
Developing and maintaining timely and accurate financial reporting that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP).
Analysing financial data relating to rolling forecasts, profit plans, monthly results and ad-hoc requests
Performing all necessary review, analysis and postings required in line with month end requirements and in line with accounting standards.
Acquiring & maintaining complete understanding of the Eaton financial analysis tools including Oracle / Hyperion/ Encore/Radar/HFM/ to ensure accurate reporting
Developing and improving Forecasting, Actual and budgeting Financial Analysis reporting
Producing Month end reporting requirements including full balance sheet reconciliation, review and compliance checks including co-ordination of balance sheet sign off in line with SOX/audit requirements.
Proactively seeking new opportunities to improve the productivity within the Accounting team to ensure a value add service to key customers
Providing guidance where appropriate, on findings through business and financial Analysis
Developing, implementing, and ensuring compliance with internal financial and accounting policies and procedures.
Supporting the transfer new service offerings or enhancements either through direct on-boarding responsibility or providing financial guidance, viewpoints and support where required
Participating in the preparation of, annual profit plan and forecasts and annual recharge process requirements across the EMEA region
Insuring adherence to standard accounting principles and practices under both local and US GAAP
Completing all balance sheet monthly and quarterly deliverables and review balance sheet positions for integrity of accruals
Maintaining key business relationships to provide excellent customer service
Performing any other ad hoc financial tasks assigned as required
Providing Internal and external audit support as required throughout the year.
Performing monthly Fx analysis, provide reasons for movement and make necessary adjustments for financial reporting
Providing support for Sarbanes-Oxley (SOX) validations
Your experience matters:
Fluent English and Hungarian
Hungarian GAAP Knowledge (IFRS and US GAAP knowledge would be a plus)
Financial degree would be preferred
2 years of accounting experience (ideally AP related role)
Experience in multinational environment, preferably in a complex matrix organisation
Strong accounting knowledge
SOX experience / exposure preferable
Thorough understanding of Accountancy, Corporate Policies, Corporate Procedures and Systems
Comfort when dealing with senior management
Advanced PC / Technical Skills and Experience with Microsoft Office Products including MS Access, MS Excel and Visual Basic. Advanced knowledge of ERP preferably SAP
Strong communication, evaluation and problem solving skills
Proven track record delivering process improvement initiatives and innovative ideas
Data analysis and auditing skills
Proven track record in managing, communicating and escalating risk
Ability to operate and deliver independently without day to day supervision
Must have a “can do” attitude and be customer focused
We make work exciting, engaging and meaningful for you
We ensure health, wellness, safety and work-life balance for you
We invest in you for the long term – not just with salary and benefits, but with ongoing learning and development opportunities made available through Eaton University
We offer career advancement opportunities for you
We value diversity, join our passionate team
Candidate applying to the vacancy will be subject of ability testing as part of the recruitment process.
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.
Region: Europe, Middle East, Africa
Organization: Corporate Sector
Job Level: Individual Contributor
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