The individual in the role will be part of GFSS Pune team responsible for ensuring financial accounting activities at the location are performed for customers in North America/ EMEA Regions. This role is instrumental in supporting the Plant Controller by ensuring that RTR activities are performed accurately & efficiently. The role requires the individual to monitor and analyze accounting data and ensure compliance to the Eaton Financial Policies, legal requirements, GAAP and agreed SLAs with the customers. This individual is responsible to create and implement procedures to improve the internal control environment and streamline efforts. This position also has important responsibility for building organizational capability within the function by developing finance talent through training, mentoring and coaching.
Process Centric -
Obtain and maintain a thorough understanding of the financial reporting and processes (RTR, OTC & PTP) with due focus in managing Intercompany accounting in the RTR function. Ensure an accurate and timely book close: monthly, quarterly and year end. Also, ensure the timely reporting of all monthly financial information including IC OOB (Intercompany Out of Balance) analysis and resolution.
Control & Compliance – Implement and drive a Zero Gap culture in the process by proactively identifying and remediating the risks in the process. Ensure compliance with Eaton's Financial Policies, US GAAP and Local GAAP and the various controls defined by Eaton's Internal Control Program Office including SOX. Closely work with auditors and will be responsible for closure of all internal audit / SOX gaps identified.
Collaboration -
Collaborates with stakeholders to support overall goals and objectives and function as a business partner. Work closely with Plant Finance/ Division Controller/ Controllership Team, Global Process Leaders on inquiries, special reporting requests and the like. Ability to cut across functions and drive cross functional initiatives which contribute to ultimate Eaton Goals. Work with the Controller to ensure a clean and timely year-end audit.
Quality culture:
Drive and leverage various systems and tools to automate processes and drive process improvements. Encourage use of quality tools.
Process Standardization:
Regular review of existing controls and Governance of the standard processes and ensuring alignment to global defined SSC processes
Continuous Improvement-
Demonstrate a practical approach to continuous improvement of the processes which directly manage the delivery of our services. Improve formalized standards and procedures in using new technologies and facilitates others in learning new technologies. Proactively seeks and acts in ways to positively promote and foster initiative in own team and other departments of the organization. Support Controller with special projects and workflow process improvements
Shift working 14.30 to 23.30 IST however needs to stretch beyond the shift and be flexible based on the requirements.
Qualification
Accounting Degree (CA) or MBA-Finance with majors in accounting/finance
7-9 years of relevant experience, mainly in people management
Skills
Must have an end-to-end process knowledge for GL/FA and good understanding of OTC and PTP encompassing overall accounting as the area
Good experience of Oracle or SAP ERP
Knowledge of U.S. GAAP
Exposure to SOX and similar regulations
Knowledge of direct and indirect tax preferable
Excellent analytical, written and oral English communication skills
Ability to work collaboratively across boundaries/business lines.
Should have an exposure to manage a team for at least 8-10 team members
Be a guide and coach to the team
Excellent MS Office knowledge (Word, Excel, PowerPoint etc.). Knowledge on Excel Macro, Power BI And Power Query is preferred.
Dealing with ambiguity with regard to changes in regulations/external requirements
Systematic process orientation, strong analytical and problem-solving skills
Commitment to compliance
Be a self-starter & be able to operate without close supervision
