Senior Finance Manager

Eaton; Puducherry; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Eaton is seeking a Plant Finance Manager in India to drive end-to-end P&L responsibility, product costing, and forecasting. You will lead MIS, variance analysis, and cost productivity initiatives, partnering with cross-functional teams to optimize ROI and internal controls within the plant.

The role requires CA with 10–15 years overall finance experience, including at least 8 years in plant finance, and expert SAP/standard costing knowledge. Strong communication and leadership are essential.

Qualifications

• CA with 10-15 years in Finance, minimum 8 years in Plant finance.
• Strong knowledge of SAP, cost accounting, and standard costing.
• Excellent communication, leadership, and cross-functional collaboration.

Responsibilities

• Drive end-to-end Plant P&L, product costing, cost productivity and forecasting.
• Generate MIS and variance analysis with actionable insights.
• Lead continuous improvement in the finance function and internal controls.
• Provide financial guidance on operating strategies and cost control actions.
• Evaluate capital appropriation requests and manage cost-saving programs.

Skills

SAP

Cost accounting

Financial analysis

Leadership

Stakeholder mgmt

Education

CA

Tools

Standard Costing system

Job description

This role will provide insights to drive management decision and improve operational and plant financial results. The Plant Finance Manager provides proactive leadership in Plant P&L , plant productivity and other important metrics and related issues and opportunities. The individual will need to drive short term actions to achieve current results .The Plant Finance Manager provides technical competency to ensure compliance with corporate financial policies 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. The position also provide financial guidance necessary to produce the expected return on those assets. Partnering with business in multiple localisation projects for cost optimisation, incremental revenue and ROI

1. Driving the end-to-end Plant P&L with responsibilities entailing Product Costing, Flex/Cost Productivity & enabling business decisions; spearheading the entire profit planning and forecasting

2. Generating the required MIS, reporting business financials, and sharing the actionable insights including variance analysis

3. Leading the improvement in continuous improvement culture within finance function

4. Playing a pivotal role in the in Transfer Pricing reviews

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

6. Collaborating with various cross-functional teams and contributing in multiple localisation/investment projects for cost optimization & ROI

7. Inventory and cost control (warranty & E&O) measures

8. Manage, analyze, evaluate and interpret plant financial forecasts and operating results. Inform management of results and recommend corrective actions to address unfavorable variances.

9. Review, analyze and evaluate financial data and information for accuracy, consistency and transparency. Maintain integrity of financial reports prepared by the plant.

10. Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with generally accepted accounting principles and local statutory requirements.

11. Own account reconciliation process to maintain integrity of plant 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.

12. Provide leadership and support for the Balance Sheet Review process.

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

14. 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.

15. Provide leadership to ensure adequate cost accounting processes are in place, including standard cost updates, physical inventory verification, periodic cycle counts, etc

Qualifications:

Requirement:

• CA
• 10-15 years of experience in Finance out of which min. 8 years in Plant finance

Skills:

• Expert Knowledge in SAP , Standard Costing system.
• Excellent written and verbal communication skills.
• High degree of professional presence & social networking
• Very adept at influencing to achieve results through others when required
• Team player
• Ability to get things done through teams effectively
• Ability to forge strong relationships at all levels of the organization."