Job Title: Analyst – FIN- # 076103
If you desire to be part of something special, to be part of a winning team, to be part of a fun team - winning is fun.
We are looking forward to an Analyst – FIN in Eaton’s Global Finance System and Services, based in Pune, India.
In Eaton, making our work exciting, engaging, meaningful; ensuring safety, health, wellness; and being a model of inclusion & diversity are already embedded in who we are - it’s in our values, part of our vision, and our clearly defined aspirational goals.
Your essential responsibilities:
State the primary function or overall purpose of your position.
This position is to collect past due accounts receivables of Hydraulics operations in the EMEA region
The incumbent will also have to issue credit memos for EMEA Hydraulics operations
The incumbent will have to resolve disputes and meet internal as well as external customer expectations
The incumbent will reduce credit risk, improve cash flow and resolve customer claims/disputes
List the essential functions (i.e. key responsibilities with expected end results) which must be accomplished in order to fulfill the purpose of your position as described above.
Manages standard portfolio of customers with regards to receivables, collections and order review and release. Willing to work in EMEA shift (12:30pm to 09:30pm slot).
Conducts collection calls, resolve billing issues, investigate returns & credit issues
Liaises with plants/warehouses, salespersons, plant finance team, customer support team, project managers and others in the organization to resolve disputes/customer claims on unpaid invoices
Negotiates customer disputes to resolution and documents root cause and highlights to appropriate levels
Identifies patterns and gets to the root of issues causing delinquencies and leads resolution of identified issues to improve customer experience and ultimately department past due metrics
Participates in process improvement projects
Communicates effectively with external and internal stakeholders
Understands the entire order to cash value stream and applies the knowledge to achieve results
Documents new and existing processes. Updates documents as soon as improvements are made
Markets, trains, counsels, advises, and communicates credit department policies and procedures to company personnel
Provides customer service and develops relationships with internal/external customers and suppliers
Maintains accurate credit & collection files. Maintain electronic collection notes for each customer account.
Maintains accurate customer information for billing purposes in accounts receivable and ERP System.
Abide by Audit requirements and Rules and Regulations as and when laid by the company, government regulators and agencies at all times
A. CORE ACCOUNTING KNOWLEDGE
Represents thorough knowledge on accounting entries and implications thereof
Keeps knowledge on how the accounting entries impact through various sub-ledgers
Completes logically with conclusions on the implications of entries accounted
Analyze and Identify accounting gaps and put mitigating control processes in place
Presents knowledge of sub-ledger and ledger concepts, reconciliations and reporting of the same is an essential
SOX/Audit requirements overview and process- DSA validation support and reviews
B. ORACLE SKILLS
Maintains an end-to-end process knowledge for GL/FA
Knowledge on the AP, AR and PO Modules and its impact in GL should be known
Presents basic understanding on the various interfaces run for migration of data from ERP to financials.
C. TEAM MANAGEMENT
Coordinates activities with peers and supervisors
D. EXPOSURE to FOREX and HEDGE ACCOUNTING
Understanding of hedging contracts and implications of the same on business is good
Reporting the impacts of such transactions on business – realized and unrealized transactions impacts due to exchange rate fluctuations
E. PROJECT INTEGRATION
Standardization of processes
F. BUSINESS PROCESS IMPROVEMENTS SKILLS
Inspects and involves self in the process improvement activities within the existing processes
Ability to identify opportunities for improvement and bring them to a logical closure
G. PRESENTATION/COMMUNICATION/TRAINING SKILLS
Supplied good communication skills to handle internal and external communications effectively
Prepare and value add Customer Dashboards, KPIs and support any process improvements
Graduate / Post graduate
5+ yrs Relevant Experience
Readiness to work in shift corresponding to North America
Captive/Customer service industry experience
Proven Record of delivery of process activities
Excellent Communications skills
Good Interpersonal skills
Self motivated person with an outgoing personality to woo customers
Good with MS Office suite
Knowledge of RTR processes and related financial processes
Good Analytical & Problem solving skills apart from an understanding of business accounting
Exposure to Oracle financials 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.
Region: Asia Pacific
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