Eaton Corporation Head of Finance / Business Controller in Guangdong Sheng, China
Eaton’s Digital Lighting business within Life Safety Division is seeking a Head of Finance / Business Controller based at Dongguan, China
The Head of Finance / Business Controller serves as the finance business partner to the Digital Lighting plant, in providing financial leadership in the planning and execution of business goals and objectives, reporting directly to the Divisional Finance Controller.
The Head of Finance / Business Controller manages the financial performance of the business including: administering internal controls, planning, forecasting, reporting, and analyzing business drivers, risks, and operational metrics.
The position directs the activities of the Finance function including building organizational capability within the finance function by hiring and developing finance personnel and developing financial acumen of the management team.
As a member of the local leadership team, the Head of Finance / Business Controller is expected to support the business by participating in multiple cross-functional initiatives.
Develop and coordinate business profit plan, monthly forecasts, goals & objectives, financial reconciliations, reports and analysis for business management, including variance analysis and cost control reporting and recommendations.
Manage, analyze, evaluate and interpret business financial forecasts and operating results. Inform management of results and recommend corrective actions to address unfavorable trends and variances.
Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with generally accepted accounting principles and local statutory requirements.
As a member of the local leadership team, the Head of Finance / Business Controller is expected to support the business by participating in multiple cross-functional initiatives including EBE, MESH, ELSS and other Business Improvement efforts.
Own the account reconciliation process to maintain integrity of business general ledger and its supporting sub-systems. Assess adequacy of reserves and overall financial reporting. Ensure adequate training and oversight is provided to all finance personnel to ensure account reconciliations meet Eaton’s requirements.
Provide leadership to ensure adequate cost accounting processes are in place, including standard cost updates, physical inventory verification, periodic cycle counts, etc.
Establish, monitor and maintain a system of internal controls that safeguards company asset and provides for integrity and propriety of financial transactions and activities. Ensure compliance with corporate financial and 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 business 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. Manage the deployment of cost saving and other programs to provide operating economies and improve profitability. Monitor and provide opportunities to support continuous improvement of Plant Productivity / Gross Utilization.
Support other operations initiatives Lead ad hoc projects as required, business development initiatives such as new business opportunities.
Bachelor’s degree in Accounting, Finance or Business Administration from an accredited university is required.
Minimum of 8 years of progressive experience in Accounting/Finance.
Must be legally authorized to work in the China without needing company sponsorship now or in the future.
Prior experience as a small plant controller, accounting manager, or cost accountant.
Master’s degree in Accounting, Finance or Business Administration.
Experience of working within an international / American business would be advantageous
Management experience including supervising professional staff.
Knowledge of SAP / ERP Systems
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: LSD Life Safety Division EMEA
Job Level: Manager
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: No
Travel: Yes, 10 % of the Time
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.