Senior Analyst Costing & Accounting

Eaton Corporation; Ranjangaon; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

Eaton Corporation in Ranjangaon, Maharashtra is seeking a skilled finance professional to oversee financial analysis and cost control. The ideal candidate will partner with management on business strategies, ensure financial accuracy, and lead accounting processes while adhering to Eaton’s values and compliance standards.

This position requires a Bachelor’s degree and 8-10 years of experience in a manufacturing environment, along with strong analytical and teamwork skills. Join Eaton Corporation and contribute to our financial success!

Qualifications

• Minimum of 8-10 years of professional experience.
• Experience in a manufacturing environment required.

Responsibilities

• Partner with Plant Manager and finance team on key business decisions.
• Analyze and evaluate operating results for productivity improvement.
• Own monthly financial close and ensure compliance with Eaton requirements.
• Lead cost accounting processes including analysis and verification.
• Support freight cost management and cash forecasting.

Skills

Analytical skills

Team player

Financial modeling

Knowledge of Oracle ERP

Understanding of manufacturing processes

Education

Bachelor’s Degree in commerce or science

Professional qualification (CA, Cost Accountant)

Job description

What you’ll do

• Partner with Plant Manager, Finance Controller, and plant leadership on financial implications of operating strategies, cost control actions, and key business decisions.
• Analyze and evaluate operating and manufacturing results, drive productivity improvement, and recommend corrective actions for unfavorable variances.
• Perform financial analysis, simulation, and cost modeling for new products, quotations, intercompany transfer pricing, and profitability assessment.
• Own monthly financial close, account reconciliations, reserve adequacy, and financial reporting integrity; ensure timely closure and compliance with Eaton requirements.
• Lead cost accounting processes, including standard cost maintenance, burden rate development, cost roll‑ups, variance analysis, and verification of production cost allocations.
• Ensure inventory accounting accuracy across locations, including physical inventory audits, cycle counts, E&O review, DOH calculations, and inventory reconciliation.
• Reconcile manufacturing transactions between Oracle ERP and Oracle GL (Sales, COGS, PPV, Scrap, Usage Variance, E&O, Surcharges) and resolve interface issues.
• Lead ad hoc initiatives, including ERP implementations, system upgrades, and financial support for new business opportunities, revenue recognition, and project accounting as applicable.
• Analyze materials, labor, routing changes, equipment utilization, and capacity to assess productivity, cost impact, and profitability; prepare PPV and supplier analysis as required.
• Support freight cost management, FX hedge administration, and cash forecasting in coordination with Materials and business teams.
• Maintain SOX compliance, internal controls, and accounting integrity in line with Eaton’s financial policies, ethics, and values.
• Contribute to CI initiatives and business cases related to cost, quality, KPIs, and EBS/VSM/BPI linkages; perform special cost analyses and cost‑out evaluations as assigned.

Qualifications

• Bachelor’s Degree in commerce or science and professional qualification such as Chartered Accountant, Cost Accountant, or equivalent.
• Minimum of 8-10 years of professional experience.
• Experience in a manufacturing environment is required.

Skills

• Describe all other aspects of your position that you feel are important and which have not been adequately covered (i.e., unique problems encountered, special freedom to take action, critical outside contacts, exceptional working conditions, etc.).
• Sound working knowledge of GAAP, Sarbanes‑Oxley and local statutory requirements.
• Technical capability to prepare, analyze and interpret financial and operational data/reports.
• Superior analytical and thinking skills; intellectual rigor and curiosity; problem‑solving capability.
• Financial modeling skills will be essential.
• Knowledge of Oracle ERP & Financials.
• Understanding of manufacturing processes.
• Ability to coordinate and support CFT.
• Must be a team player and work well with internal and external stakeholders.
• Maintain and demonstrate a good understanding of the Eaton Values and Philosophies and Eaton Business System.
• Teamwork.
• Critical and strategic thinker with the ability to solve complex problems and present innovative solutions.
• Ability to work proactively and anticipate the need and priorities of the organization.
• Excellent data analysis, reporting, and project management skills.

The compensation and benefits that will initially be offered for this position are based on Eaton’s plans, programs and practices. If you are offered and accept this position and are actively employed by the Mobility Group when the spinoff closes, the new company will provide further details to employees concerning compensation and benefits at that time.