Senior Cost Accountant (Relocation Provided)

Eaton's Electrical Sector is currently seeking a Senior Cost Accountant to join our team. This position is based at our Greenwood, SC - Emerald Road location with a hybrid schedule of 3 days at our plant and two days remote. Relocation assistance will be provided!

Position Overview:

As a Senior Cost Accountant, you will plan and perform senior professional accounting functions in all areas of cost and inventory accounting for the Greenwood, SC facility. Our products include units, racks, banks, switches, network protectors and metal enclosures. You will Initiate and oversee functions for sales and cost reports, financial statements, and account analyses, perform monthly margin analyses, inventory analyses and monthly reporting. You'll assist in meeting internal control/SOX requirements and with special projects for the plant.

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.

In this function you will:

• Assist in the coordination and planning of the cost accounting function in accordance with generally accepted accounting principles and company policies for accurate cost, inventory, and financial statement reporting.
• Set new standards for material, labor, and burden, including the development of the standard cost build-up using bills of material, purchase standards, labor costs, and established burden rates for all products.
• Establish, monitor, and enforce inventory control procedures including SOX compliance.
• Assist in formulation and institution of procedures for physical inventories in accordance with company policy; oversee actual inventory, verify the count and valuation, and reconcile and analyze the results.
• Oversee the inventory cycle count program for the facility. Major consideration for commodities and MRO materials.
• Review cost roll-ups for accuracy and completeness and makes corrections as necessary.
• Monitor scrap/CONC accounting.
• Assist in month-end close with an emphasis on production related costs and inventory including journal entry preparation and inventory account balance verification in SAP. Includes detailed reviews of backordered materials and prepaid expenses to ensure proper matching of sales and costs of goods sold (COGS).
• Prepare and analyze monthly sales and margins.
• Prepare and analyze account reconciliations as specified with an emphasis on inventory related accounts.
• Prepare monthly and annual financial reports and forecasts including monthly forecasts and annual profit plans with an emphasis on production related costs (COGS, PPV, absorption, scrap, etc.) and inventory.
• Be responsible for financial reporting for management relating to PPV, scrap, production order variances, financial metrics, and other account analyses as required.
• Perform cost analysis of proposed and implemented projects (new products, cost savings, etc.) as necessary.
• Interface and coordinate other business tasks with the Lead Financial Analyst and Division as necessary including audits (internal and external).
• Interface and coordinate other business tasks as directed including interaction with other departments.

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:

• Bachelor's degree in Accounting, Finance, Management or Business from an accredited university or college required.
• Minimum 3 years of accounting/finance experience
• Must be authorized to work in the US without company sponsorship.

Preferred Qualifications:

• Accounting/Finance experience within manufacturing
• Master's degree in Business Administration.
• Experience with SAP strongly desired.
• CPA or CMA.

Position Criteria:

• Must have a working knowledge of ERP systems and Microsoft applications (Excel, Word, etc.).
• Must be able to express ideas and concepts in a clear and concise manner, verbally as well as written.

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.

Why work at Eaton? We provide benefits that are industry competitive and focused on employee well-being. Listed below are programs that are offered globally, but program availabilities may vary by site.

• Flexible work options to help balance work/life demands (at participating Eaton sites)
• Healthcare/retirement savings programs
• Competitive compensation packages to reward skills and performance
• Tuition assistance or financial help for ongoing learning and development
• Health, Dental, Vision & Wellness programs
• Donation matching (U.S., Canada, Puerto Rico)

At Eaton, we know that good benefit plans are important to employees and their families. In addition to a competitive base salary, Eaton provides various Health and Welfare benefits as well as Retirement benefits. Click here for more detail: Eaton Benefits at a Glance.

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Eaton considers qualified applicants regardless of criminal histories, consistent with local laws. To request a disability-related reasonable accommodation to assist you in your job search, application or interview process, please call 412-893-3600 or send an email to: [email protected]

What you will get from us

Eaton's mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic and mechanical power - more safely, more efficiently and more reliably. 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 day. It's where bold, bright professionals like you can reach your full potential-and where you can help us reach ours. Eaton's 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 85,000 employees.

We make work exciting, engaging and meaningful for our employees through our dedication to tackling some of the toughest power management challenges on the planet and by never losing sight of what matters. Our culture is built on a strong commitment to practicing our core values and supporting our employees with the tools they need to succeed. We pledge to always foster a diverse and inclusive environment, including inclusion resource groups that bring together employees who share a common purpose, interest or background. In the past year, our company has received top employment recognition by the Human Rights Campaign and almost fifty percent of our Board of Directors represented diverse groups. 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 have demonstrated our passion for sustainability with the recent announcement of cutting carbon emissions from the company's operations by at least 50 percent by 2030. We are ethical, passionate, accountable, efficient, transparent and committed to learning. We are confident we can deliver on our promise to improve the quality of life and the environment because of the attributes that our employees embody.

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.

Job: Finance/Accounting

Region: North America - US/Puerto Rico

Organization: ESSG CPSD PRD Power Reliability Division

Job Level: Individual Contributor

Schedule: Full-time

Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: Yes - Hybrid

Does this position offer relocation?: Relocation from within United States and / or Puerto Rico

Travel: Yes, 10 % of the Time