Plant Finance Manager

Eaton; Bengaluru; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Eaton in Bengaluru, India seeks a seasoned financial leader to partner with plant operations, drive continuous improvement, and align finance processes with manufacturing goals to deliver targeted results. You will lead financial analysis, CAPEX planning, working capital management, and risk controls, shaping action plans with plant leadership and ensuring compliance with US/India GAAP and SOX.

This role offers exposure to growth initiatives across the site and requires strong partnering,

Qualifications

• Bachelor's degree in Finance or Accounting required.
• ICWA / CA / MBA preferred.
• At least 12 years in Finance function.
• 3-5 years of Manufacturing / Cost Accounting experience in a manufacturing facility.

Responsibilities

• Financial Analysis: Analyze financial data and performance metrics related to the operations to identify trends, opportunities, and areas for improvement.
• Decision Support: Provide financial insights and analysis to support operational decision-making.
• Driving initiatives (CAPEX and Working Capital) to ensure productivity improvements and growth.
• Collaborative Planning with Plant Leadership to develop action plans based on financial insights.
• Financial Modeling: Create financial models to assess the impact of scenarios on operational performance.
• Risk Management: Identify financial risks and propose mitigation strategies.
• Performance Tracking: Monitor KPIs and operational metrics against targets.
• Cost Management: Monitor and manage operational costs while maintaining quality.
• Talent Management: Build organizational capability through hiring and development.
• Forecasting: Lead main financial processes for site forecasts and profit plan.
• Growth Champion: Support rapid growth through product transitions between Eaton sites.
• Compliance: Ensure internal controls and compliance with SOX, GAAP (US & India) and local requirements.

Skills

Financial analysis

Business partnering

GAAP knowledge

SOX compliance

Cost management

Forecasting

Financial modeling

Communication

Problem solving

Attention to detail

Education

Bachelor's in Finance/Accounting

ICWA/CA/MBA preferred

Job description

What you’ll do:

This position provides financial leadership to the Bangalore, India facility, serving as a business partner and as a change agent to drive plant continuous improvement actions and to achieve overall plant targets. This role connects finance processes with operations, providing guidance, driving actions, and providing financial insights to ensure operational strategies and decisions will lead to the expected results.

• Financial Analysis: Analyze financial data and performance metrics related to the operations to identify trends, opportunities, and areas for improvement. Drive accountability for results and defining key performance metrics together with business leaders
• Decision Support: Provide financial insights and analysis to support operational decision-making, such as evaluating capital deployment opportunities or new projects.
• Driving initiatives (including CAPEX and WORKING CAPITAL) and influence changes: ensure productivity improvements and growth in areas such as operational excellence, continuous improvement, quality and supply chain management
• Collaborative Planning: Work closely with Plant Leadership and the operations team to develop action plans, strategies, and initiatives based on financial insights. Drive and monitor the implementation of the plans
• Financial Modeling: Create financial models to assess the impact of various scenarios on operational performance.
• Risk Management: Identify financial risks within the operations and propose mitigation strategies.
• Performance Tracking: Monitor key performance indicators (KPIs) and operational metrics to evaluate performance against targets.
• Cost Management: Monitor and manage operational costs to achieve efficiency and cost-reduction while maintaining quality
• Talent Management: Builds organizational capability through successful hiring, talent development, and succession planning in the business
• Forecasting: Lead the main financial processes for the periodic site forecasts and profit plan
• Growth Champion: Active leader in supporting the rapid growth of the Bangalore facility through the transition of product between Eaton sites
• Functional Champion: Support the finance culture change at the plant level, aiding the finance team to operate as business partners.
• Compliance: Establish, monitor and maintain a system of internal controls that safeguards company assets and provides for integrity and propriety of financial transactions and activities. Compliance with corporate policy, SOX, GAAP (both US and India), as well as local requirements.

Qualifications:

• Bachelor's degree (or equivalent) in Finance or Accounting
• ICWA / CA / MBA preferred
• At least 12 years in Finance function
• 3-5 Years of Manufacturing / Cost Accounting Experience in a manufacturing faclity.

Skills:

• Strong financial acumen and business partnering skills
• Sound working knowledge of GAAP (US and India), Sarbanes Oxley and local statutory requirements.
• Ability to understand and communicate financial concepts to non-financial professionals
• Detail-oriented with effective organization and time management skills
• Highly motivated, highly analytical and self-starter
• Excellent Communication skills; Profecient in English.