Senior Analyst

Eaton's Global Finance Service and Systems division is currently seeking a Senior Analyst. This hybrid role will be based in our Beachwood, Ohio location.

The expected annual salary range for this role is $80250.03 - $117700.04 a year.

Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations.

What you'll do:

This Senior Analyst is responsible for establishing budgets and managing the financials, forecasts and reporting of mid to large corporate IT capital initiatives. These programs could be international, multi-faceted, and complex, so this position advises Finance, IT and senior management on the accounting treatment for non-routine capital including both hardware products (tangibles) and software (intangibles).Corporate IT software projects/programs are initiatives managed by Eaton Center senior management, and global initiatives are implemented throughout Eaton. It manages an average of ten to twelve projects/programs simultaneously. This role is critical to managing Eaton's general ledger for major capital projects by ensuring accurate and compliant project financials (i.e., cash flow, balance sheet and income statement). Recording software capital is an accounting requirement per FASB ASC 350-40 and is a key area of audit focus.

In this function you will:

• Provide accounting guidance to management.

• Assist with review of CAR documents prepared by IT project managers or other finance personnel and participates in the CAR review meetings with senior management. CAR documents include CAR Financials, CAR Narrative, CAR form and contractual agreements.

• Reads and interprets complex, external contract proposals involving costs up to several million dollars to understand and determine if the work to be performed qualifies as capital or expense in compliance with accounting policy to ensure the proper accounting treatment.

• Responsible for understanding program/project initiatives to provide accounting guidance in creating CAR budgets and identifying costs as either capital or expense.

• Provide training and guidance to US and international finance and IT project managers on the monthly accounting, forecasting, and reporting for capital projects to ensure compliance with Eaton software accounting policy and US GAAP.

• EHosts monthly meetings with project and finance managers reviewing project/program financials,

• Analyze project and program costs comparing actuals to the approved budget and forecast, calculate monthly journal accrual entries, and forecast amounts for capital and expense.

• Assist project and program teams with forecasts and profit plans for corporate capital software projects to be included in the corporate forecasts and profit plans.

• Provide financial reports to managements as required.

• Assist with calculating the amount of capitalizable cost of GFSS employee time reported on the GFSS Time Tracker submitted for calculation monthly as well as for Subject Matter Experts as required.

• Prepares the documentation for asset capitalization of IT and/or corporate software projects/programs to ensure assets are capitalized timely in the fixed asset system.

• Assists with the recommendation, development, and implementation of process improvements in support of corporate goals.

• Interacts with the Enterprise IT Finance group as needed

Qualifications:

Basic Qualifications

• Bachelor's degree in Accounting, Finance or Business.

• Minimum 3 years experience in corporate or public accounting

Preferred Qualifications:

• Technical knowledge

• Working knowledge of Excel.

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.

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 us at ~~~ to discuss your specific need. Only accommodation requests will be accepted by this phone number.

We know that good benefit programs are important to employees and their families. Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away from work. Click here (~~~) for more detail: Eaton Benefits Overview. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.