Finance Controller

Job Description

  • Lead annual financial planning processes - Develop and coordinate plant profit plans, strategic plans, monthly forecasts, goals & objectives, financial reconciliations, reports and analysis for management, including variance analysis and cost control reporting and recommendations
  • Advice and counsel General Manager on financial implications of operating strategies, cost control actions and decisions. Functional reporting to Global Divisional Controller
  • Manage, analyze, evaluate and interpret plant financial forecasts and operating results.  Inform management of results and recommend corrective actions to address unfavorable variances
  • Review, analyze and evaluate financial data and information for accuracy, consistency and transparency.  Maintain integrity of financial reports and ensure that all Regional/Divisional reporting requirements are met within the prescribed timelines
  • Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with generally accepted accounting principles and local statutory requirements
  • Develop and implement budgeting and financial reporting systems to provide timely and relevant information to plant, region/division, and corporate management and cost control. Control and maintain adequate product costing systems for valuation and cost estimating activities
  • Ensure monthly closure of books within the timelines set. Ownership of account reconciliation process to maintain integrity of general ledger and its supporting sub-systems.  Assess adequacy of reserves and overall financial reporting
  • Provide adequate training and oversight to all finance personnel to ensure account reconciliations meet Organization/ business requirements.  Provide leadership and support for the Balance Sheet Review process. 
  • Establish, monitor and maintain a system of internal controls that safeguards company asset and provides for integrity and propriety of financial transactions and activities. Compliance with corporate policy, including SOX
  • Evaluate and approve plant capital appropriation requests prior to region/division and corporate management approval.  Monitor and report purchase commitments and spending for all capital programs.  Conduct follow-up audits to ensure compliance for all significant capital investments 
  • Manage hiring, training and development of plant financial staff.  Establish a work environment that encourages individual career development and growth in order to provide adequate and qualified financial professionals opportunity for advancement
  • Manage the deployment of cost saving and other programs to provide operating economies and improve profitability.  Monitor and provide opportunities to support continuously improving Plant Productivity / Gross Utilization.  Support other Operations initiatives of the organization and other BPI efforts 
  • Ensure that the appropriate plant quality policy and system are thoroughly implemented in the finance function
  • Ensure all finance responsibilities are defined and communicated throughout the plant with specific responsibilities and appropriate timing.  Ensures the deployment of finance standard work
  • Ensure compliance with local GAAP, statutory and fiscal requirements, as required
  • Provide leadership to ensure adequate cost accounting processes are in place, including standard cost updates, physical inventory verification, periodic cycle counts, etc. 
  • Support the development of government rates and ensure compliance with specific government accounting standards
  • Lead ad hoc projects as required including appropriate ERP implementations and system upgrades, business development initiatives such as new business opportunities (and possibly financial review of development contracts and appropriate revenue recognition and project accounting (as applicable) 
  • Interfaces with India Corporate Finance & External auditors to ensure that all statutory requirements are met.  Will be responsible for closure of all internal audit / SOX gaps identified
  • Responsible for financial analysis, simulation & modeling for new quotations and new products
  • Emphasizes profitability of the business at all times and challenges the business team to consistently improve operationally
  • Conversant with all Indirect Taxation Laws, which include, GST, Service Tax, etc.
  • Administer all foreign currency hedges for the business & forecasting cash requirements
  • Manage the other key functions and activities viz. Tax, Treasury, Indirect Purchase (Global Trade Management) activities on behalf of India Lighting business
  • Manage the team for E2E accounting wrt RTR, PTP & OTC and be responsible to build organization capability - Ensuring development of functional knowledge and back up planning for the team.
  • Demonstrates and leads NewCo’ s Values and Philosophies.


  • Eaton has announced its intent to spinoff its Lighting Business into publicly traded company (“SpinCo”).  This transaction is expected to be completed by the end of 2019 and this position is expected to remain with SpinCo.   The compensation and benefits that will initially be offered for this position are based on Eaton’s plans, programs and practices.  The Lighting Business is in the process of developing its total rewards philosophy, strategy and structure, including the design of its benefits and annual and long-term incentive plans that will take effect when SpinCo becomes a publicly traded company. If you are offered and accept this position and are actively employed by the Lighting Business when SpinCo becomes an independent, publicly traded company, you will be eligible to participate in SpinCo’s compensation, health, welfare, and retirement benefit plans and programs and should have no expectations that SpinCo’s plans and programs will mirror or be substantially similar to Eaton’s.

    When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger.

    We are 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.



BS degree in Finance or Accounting, CPA/CMA/MBA preferred or equivalent local professional qualifications like ACA/AICWA/MBA


Minimum of 10 to 12 years professional post-qualification experience.  Experience in a manufacturing environment is a must. 

  • Sound working knowledge of GAAP, Sarbanes Oxley and local statutory requirements  

  • Knowledge & understanding of Corporate, region/division and plant reporting policies

  • Technical capability to prepare, analyze and interpret financial and operational data/reports

  • Superior analytical and thinking skills; Intellectual rigor and curiosity; problem-solving capability

  • Understanding of global business issues, including foreign currency impacts, effective hedging protocols and local customs and duty requirements 

  • Knowledge of Oracle R12 and SAP Financials and ERP

  • Financial modeling skills will be essential

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: 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