Finance Planning & Analysis Manager

Eaton Corporation; Hengelo; On-site; EUR 85,000 - 115,000; Full time

Benefits offered by this job

Competitive compensation

Challenging projects

Internal promotion opportunities

Eaton University learning & dev

Wellbeing and safety focus

Job summary

The Eaton Corporation Hengelo plant is seeking an FP&A Manager to drive planning, forecasting and performance analysis. You will partner with Plant Controller and Plant Manager to deliver clear financial insights for daily and strategic decisions.

Collaborating across Operations, SCM, Sales and HR, you will develop models, assess scenarios and identify cost improvements while aligning with SOX and US GAAP guidelines. Hybrid work with on-site focus in Hengelo.

Qualifications

• Master's degree in accounting, finance or business administration.
• Minimum 5-7 years in a manufacturing environment with proven profitability improvement.
• Fluent in English and Dutch.
• Aiming to grow into Plant Controller within 1-2 years.

Responsibilities

• Lead planning and forecasting for the plant to guide targets.
• Build financial models to assess scenarios affecting operations.
• Lead analysts in analyzing site costs and provide insights to leadership.
• Advise on financial risks and mitigation strategies aligned with goals.
• Coordinate with Zone controlling, sales, operations, HR and SCM for reporting.
• Monitor revenue recognition, cost allocations and margins.

Skills

Financial analysis

Forecasting

Cost accounting

SOX/compliance

Leadership

Team building

Education

Master's degree in accounting, Finance or Business Administration

Tools

SAP

Power BI

Job description

Location: Hengelo on-site,

Flexibility: 1-2 days home office per week

The Hengelo Manufacturing plant is part of Eaton’s Medium Voltage Power Distribution (MVPD) division that delivers advanced switchgear solutions that power critical infrastructure across utilities, data centres and industrial sectors. On the back of the global trends Energy Transition and Artificial Intelligence, MVPD is scaling rapidly through strategic investments and global partnerships. The Hengelo plant is growing accordingly. The Hengelo sites also serves as MVPD Research&Development Center and EMEA Service Center for AfterMarket applications and hosts in total approximately 500 FTE.

We are looking for an FP&A Manager who enjoys working close to the business and wants to make a visible impact on a manufacturing site. In this role, you manage planning and forecasting, analyse performance, and give the Plant Controller and Plant Manager clear financial insights to support daily and strategic decisions.

Collaboration is key — you work closely with Operations, SCM, Sales, HR, and Controlling. This position offers genuine room to grow into broader Finance Manager or Senior Finance roles, either in the Netherlands or internationally.

What you’ll do:

As key member of the plant finance team, the position reports directly to the Plant Controller.

Essential Functions:

1. Execute the planning and forecasting process in order to guide business units towards clear targets
2. Create financial models to assess the impact of various scenarios on operational performance
3. Lead the financial analysts in analysing and interpreting financial data related to costs incurred by the site during operations with the objective of providing valuable insights to Plant Manager & Plant Controller and aiding them in making decisions regarding cost efficiency and overall financial performance.
4. Advise on financial risks and develop strategies to mitigate them. Ensure that financial strategies align with corporate goals and help navigate financial challenges.
5. Building Cross-Departmental Relationships: take a leading and coordinating role in working closely with various departments like Zone controlling/accounting, sales, operations, SCM, and HR. Understand the needs of these teams and provide tailored financial insights. Collaborate across functions and groups to deliver timely, accurate, and insightful financial reporting, planning, forecasting, and analysis.
6. Monitor revenue recognition, cost allocations, margins and site profitability
7. Establish, monitor, and maintain a system of internal controls that safeguards company asset and provides for integrity and propriety of financial transactions and recommend improvements. Compliance with corporate policy, including SOX
8. Process Optimization: Identify opportunities to improve efficiency in on site processes.

Qualifications:

• Master degree in accounting, Finance or Business Administration
• Minimum of 5-7 years experience in a manufacturing environment with demonstrated ability to and improve site profitability
• Fluent in English and Dutch
• Has the ambition and competence to grow into the role of Plant Controller within 1-2 years

Skills:

• Gets energy from competition: wants to win by continuously increasing Hengelo site profitability
• Knows the business: Understands manufacturing processes and have plant experience. Stays up to date on our products, markets, competition, and trends.
• Builds high performing teams: Recruit, train, and develop local finance team to provide for individual career development and growth opportunities for subordinates to encourage individual progress and ensure efficient workforce.
• Knows the basics: Is comfortable with US GAAP reporting guidelines, SOX framework and communication with external and internal auditors
• Systems: Is comfortable with SAP, and other finance IT systems including planning & data/business warehouse tools. Experience with Power-BI is a plus.
• Manage through influencing: Understands and knows how to navigate through matrix environment, can manage through influencing.
• Digital mindset: Challenges status quo, relentlessly pursues opportunities to simplify and digitize tools, products, and processes. Promotes and uses data to create insight and make better decisions.
• Sets priorities takes ownership, but knows when and how to say ‘no’

What we offer:

• Competitive compensation and benefits package
• Challenging projects in dynamic collaborative team
• We make your aspirations matter – Eaton encourages internal promotion, whenever possible
• We make your growth matter - We invest in our employees for the long term – not just with salary and benefits, but with ongoing learning and development opportunities made available through Eaton University
• We make your contributions matter - reliability, safety, efficiency, and sustainability are at the core of our dedication to improving people’s lives and the environment through power management technologies
• We make your wellbeing matter – We put your health and safety first. Wellness at Eaton is more than a program, it’s about changing the environment by offering the right tools to help empower employees to make that happen

We are committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, color, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.

We are committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, colour, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.