Financial Analyst

Job Description

Eaton’s Hydraulics division is currently seeking a Financial Analyst to join our team. This position is based at our Querétaro facility.

The Financial Analyst is responsible for:
  • Financial information analysis for month end results, forecast and profit plan financial statements.

  • Fixed Asset Analyst
  • Car Coordinator
  • Tooling customer recovery management

  • Internal control management
  • Internal controls review such as policies, procedures and annual reviews.

  • Assists on external, internal and SOX audits

Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each and every day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours.

Some activities related with the position will be:

  • Complete annual strategic and profit plan

    • Coordinate with all the owners to get the full year sales, sales discounts, standard cost, mpv, payroll, headcount, manufacturing and support expenses, statistics accounts and balance sheet accounts

    • Consolidate information and prepare the working files for P&L, BS, and statistics accounts.

    • Encore & DFT Profit Plan data loading.
    • Assist Controller and Finance Manager in Profit Plan Commentary Package (Analyze main variances vs Forecast,

    • Prior year and Previous Profit Plan by month and quarters).

    • Download the Encore Standard reports.
  • Complete monthly financial statements forecast
    • Consolidation of data: sales, sales discounts, standard cost, mpv , payroll, headcount, manufacturing and support expenses, statistics accounts and balance sheet accounts.

    • Estimation of profit for rolling forecast, and adjustments agreed with Plant Controller.

    • Assist Controller in Rolling Forecast Commentary Package report (Analyze main variances vs Forecast, Prior year and Previous Profit Plan by month and quarters).

    • Encore & DFT rolling forecast data loading.
    • Download the Encore Standard reports.
    • Send the authorized budget to each owner’s department

  • Complete monthly financial statement results
    • Coordinate month end closing with Finance team to get done the closing on time

    • Coordinate with Statutory and Finance Manager the analysis of main variances

    • Update Encore & DFT with actual results and statistics accounts

    • Realize the commentary package with main variances vs Forecast

    • Complete the RSD ME03 in Encore- Other Income and Other Expenses

  • Construction in Progress & Fixed Assets analysis and reconciliation

    • Create Capital Appropriation Requests on Oracle PA

    • Follow up Capital expenses with users
    • Monthly forecast for CIP
    • Capitalize CIP
    • Reconcile physical assets with Oracle FA.
    • Asset management
  • Tooling Customer Recovery Management
    • Responsible to manage and follow up all the investment related with the tooling approval by the costumers with a Purchase Order for a concept of “New launch or engineering changes” until this will be invoiced. Updated and follow the spend budget, recovery and purchase order of customer, obtain all the customer requirements necessary to obtain the approval for invoicing. Finally request the tooling invoice and track the payment with the AR analyst.

  • Internal Control Management
    • Responsible to review and knowledge of policies to fulfill the audits to perform internal reviews and enhance procedures.

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


Qualifications

Required (Basic) Qualifications:

  • Flex productivity

  • P&L variances

  • Capital spending

  • Fixed assets control

  • Aging customer tooling balance pending to recover

Preferred Qualifications:
  • Bachelor’s degree in accounting or related financial field

  • 1-2 years of experience in analysis and interpretation of financial statements.

  • Understanding and knowledge of P&L accounts
  • Internal control based and SOX requirement knowledge

  • Microsoft Office, Mfg-Pro (ERP system), Oracle, Encore and DFT (Financial systems) preferred.

  •  Fluent in English written and spoken.

  • Leadership skills to delegate and resolve multiple situations effectively.

  • Work under the guidelines, policies and process of Eaton's Philosophy, IATF 16949 and ISO 14000 Environmental.

Position Success Criteria:

  • 5-S Continuous Commitment

  • Proficient in MS Office toolset.
  • Ability to plan, organize and build effective teams and motivate others.

  • Ability to facilitate team sessions.
  • Highly motivated and driven for results
  • Process oriented with an understanding of business.

  • Actively participate in continuous improvement programs
  • Multi-cultural skills, needs to interact with individuals over the world.


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: Latin America
Organization: HYD Hydraulics Group

Job Level: Individual Contributor
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