Plant Finance Manager

Eaton Corporation; Karnataka; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Eaton Corporation in Bangalore, India seeks a senior finance leader to act as a strategic business partner and change agent, driving plant continuous improvement and achieving targets through proactive financial guidance.

The role emphasizes CAPEX and working capital optimization, financial modeling, risk management, and collaboration with plant leadership to turn insights into action while ensuring US/India GAAP compliance and SOX controls.

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 facility.

Responsibilities

• Financial Analysis: analyze data and performance metrics to identify trends and opportunities.
• Decision Support: provide financial insights to support operational decision-making.
• Drive CAPEX and Working Capital initiatives for productivity improvements.
• Collaborate with Plant Leadership to develop action plans and monitor implementation.
• Create financial models to assess scenarios on operational performance.
• Identify financial risks and propose mitigation strategies.
• Monitor KPIs and operational metrics to evaluate performance against targets.
• Manage operational costs to improve efficiency while maintaining quality.
• Contribute to talent management and succession planning in the finance team.
• Lead site forecasting and profit planning processes.

Skills

Strong financial acumen

Business partnering skills

GAAP knowledge (US & India)

Communication skills

Time management

Education

Bachelor's degree in Finance or 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.