Eaton Corporation Plant Controller in TAM, Mexico

Job Description

A key member of the plant leadership team and region/division finance team. The position reports directly to the Plant

Manager and functionally to the finance function. This role is instrumental to manage financial performance of the

Reynosa Filtration plant including analysis of forecasts and actual performance, business drivers, and operational metrics.

This role will develop forward-looking insights to drive management decision, actions and improve operational and

financial results. The Plant Controller provides proactive leadership around issues and opportunities. The individual

will need to drive short term actions to achieve current results while supporting the deployment of progressive strategies

which result in a sustainable competitive advantage and strong financial return on investment.

The Plant Controller provides technical competency to ensure compliance with corporate financial policies, legal

requirements and GAAP. This individual is responsible for administrative process improvements within the plant and

region/division, creates and implements procedures to improve the internal control environment, streamlined efforts and

provide increased transparency of financial results. This position is responsible for building organizational capability

within the finance function by hiring and developing finance personnel. The position also ensures assets assigned by the

corporation are adequately protected and provide operations management with financial guidance necessary to produce

the expected return on those assets.

  • Develop and coordinate plant profit plans, monthly forecasts, goals & objectives, financial reconciliations, reports and

analysis for plant management, including variance analysis and cost control reporting and recommendations.

  • Advice and counsel plant manager on financial implications of operating strategies, cost control actions and decisions.

  • Manage, analyze, evaluate and interpret plant financial forecasts and operating results. Inform management of results

and recommend corrective actions to address unfavorable variances.

  • Review, analyze and evaluate financial data and information for accuracy, consistency and transparency. Maintain

integrity of financial reports prepared by the plant.

  • Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with

generally accepted accounting principles and local statutory requirements.

  • Develop and implement budgeting and financial reporting systems to provide timely and relevant information to plant,

region/division, and corporate management and cost control. Develop, control and maintain adequate product costing

systems for valuation and cost estimating activities.

  • Direct ongoing audit and analysis of account balances to ensure and maintain integrity of plant general ledger and its

supporting sub-systems. Assess adequacy of reserves and overall financial reporting.

  • Establish, monitor and maintain a system of internal controls that safeguards company asset and provides for integrity

and propriety of financial transactions and activities. Compliance with corporate policy, including SOX.

  • Evaluate and approve plant capital appropriation requests prior to region/division and corporate management approval.

Monitor and report purchase commitments and spending for all capital programs. Conduct follow-up audits to ensure

compliance for all significant capital investments.

  • Manage hiring, training and development of plant financial staff. Establish a work environment that encourages individual

career development and growth in order to provide adequate and qualified financial professionals opportunity for

advancement.

  • Manages the deployment of cost saving and other programs to provide operating economies and improve profitability.

  • Supports and monitors variable pay for performance, as applicable.

  • Ensures that the appropriate plant quality policy and system are thoroughly implemented in the finance function.

Ensure all finance responsibilities are defined and communicated throughout the plant with specific responsibilities and

appropriate timing. Ensures the deployment of finance standard work.

Basic Qualifications (Including Educational Requirements)

  • BS degree in Finance or Accounting (Preferred CPA/CMA/MBA)

  • Minimum of 7 years’ experience in Finance or Accounting

  • Sound working knowledge of GAAP, Sarbanes Oxley and local statutory requirements.

  • Experience in a manufacturing environment

  • Fluent in Spanish preferred

  • Experience working in a multi-cultural environment

  • Knowledge & understanding of Corp, region/division and plant reporting policies

  • Technical capability to prepare, analyze and interpret financial and operational data/reports.

  • Superior analytical and thinking skills; Intellectual rigor and curiosity; problem-solving capability

Eaton is a power management company with 2015 sales of $20.9 billion. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 97,000 employees and sells products to customers in more than 175 countries. For more information, visit www.eaton.com. At Eaton, we see things differently. We see opportunities to innovate, go above and beyond, and we work hard because what we do reflects who we are. If you see things differently—if you’re determined, motivated and focused on improving the world around you—then it’s time to see where a career at Eaton can take you. For more information, visit www.eaton.com/careers. Eaton is an Equal Opportunity and Affirmative Action Employer. Eaton is 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.

JOBCOMPANY: Eaton

JOBTITLE: Plant Controller

JOBLOCATION: MEX-TAM

REQNUMBER: 024827

DIVISION: HYD FFD Fluid Filtration Division

FUNCTION: Finance/Accounting