Program Finance Analyst

Eaton; Torrance (CA); Hybrid; USD 93,750 - 137,500; Full time

Benefits offered by this job

Health and Welfare benefits

Retirement benefits

Paid time off programs

Job summary

A leading manufacturing company is seeking a Program Finance Analyst for a hybrid role located within 50 miles of various US locations. This position will manage financial activities for program management, ensuring accurate reporting and forecasting for R&D investments and program expenses. The ideal candidate will have a Bachelor's degree and relevant experience in cost accounting and finance, along with strong analytical skills. Competitive salary and benefits are offered.

Qualifications

• Minimum of two years of Cost Accounting experience in a Manufacturing environment.
• Minimum of three years of Finance experience required.
• Strong analytical skills and ability to communicate findings.

Responsibilities

• Monitor program management spend and interpret variances.
• Prepare monthly reports for major programs.
• Business partner with program managers to control costs.

Skills

Cost Accounting

Financial analysis

Budget management

Risk mitigation

Cross-functional collaboration

Education

Bachelor’s degree from an accredited university

Tools

Oracle Time & Labor

Excel

Job description

Join to apply for the Program Finance Analyst role at Eaton

Eaton’s IS AER FED division is currently seeking a Program Finance Analyst. This hybrid role may be located within 50 miles of any Eaton FED United States location (Jackson, MI, Torrance, CA, Rumford, RI, Bethel, CT, Glenolden, PA, or Beltsville, MD, Beachwood, OH).

The expected annual salary range for this role is $93,750.03 - $137,500.04 a year.

Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations.

What You’ll Do

This position is responsible for supporting the financial activities of the Program Management and Engineering functions for the Fluid and Electrical Distribution (FED) division, based in Jackson, MI. These responsibilities include, but are not limited to, program financial measurement and reporting, contract accounting, supporting new business proposals, and business partnering with engineering and program management to analyze and report cost drivers and spend activities for strategic development programs and R&D investments. This position will ensure that the tracking, reporting, and forecasting of Gross R&D and program expenses is completed on a monthly basis, and will work with the program managers, engineering, and local finance to understand all changes.

Essential Functions

• Monitor and communicate the program management spend for the division and provide the department with interpretation of variances from plan, forecast, or baseline targets.
• Prepare monthly report out on all major programs, including updates on IRR, NPV, shipset cost, and all spending variance analysis.
• Business partner with program managers to control costs, maximize revenue from scope changes, ensure milestone invoices are raised promptly, mitigate risks, and manage the budget.
• Complete Estimate to Complete calculations (ETC) when required by the contract and ensure these are reviewed and approved by division management.
• Be an active participant in the pro‑launch process and specifically support pro‑launch gate reviews, providing all necessary financial analysis in a timely fashion.
• Assist in the preparation of strategic plans, annual profit plans, and monthly rolling forecasts for all major programs, and for the Gross R&D budget within a portfolio of plants and programs.
• Support proposal management by participating in the development of financial analysis for all new program business proposals, capital investments, and potential new product endeavors.
• Assist Engineering and Program Management in the identification of financial risks and developing mitigation plans.
• Identify opportunities for and implement improvements to PMO processes, including active participation in multiple cross‑functional teams.
• Serve as Oracle Time & Labor (OTL) support for all NA sites, ensuring timely and accurate reporting and forecasting of project spend.
• Partner with Engineering to forecast and report progress on IR&D and Sustaining spend.

Qualifications

• Bachelor’s degree from an accredited university required.
• Minimum of two (2) years of Cost Accounting experience in a Manufacturing environment required.
• Minimum of three (3) years of Finance experience required.
• This position requires access to export‑controlled information. To conform to U.S. Government export regulations applicable to that information, applicant must be a U.S. person, defined as a (i) U.S. citizen or national, (ii) U.S. lawful permanent resident (green card holder), (iii) refugee under 8 U.S.C. 1157, or (iv) asylee under 8 U.S.C. 1158.
• No relocation benefit is being offered for this position. Only candidates that currently reside within 50‑miles of a FED US facility (Jackson, MI; Torrance, CA; Rumford, RI; Bethel, CT; Glenolden, PA; or Beltsville, MD; Middlesex, NC; Beachwood, OH) will be considered. Active‑Duty Military Service member candidates are exempt from the geographical area limitation.
• Must be able to work in the United States without corporate sponsorship now and within the future.

Preferred Qualifications

• MBA/CPA/CMA
• Strong technical expertise (US GAAP/IAS) in accounting and finance, specifically in application to commercial/government long‑term development and production contracts.
• Experience in leading teams and managing multiple projects. Demonstrated strong verbal, written, and interpersonal skills with ability to establish effective cross‑functional relationships.
• Proven leadership and possession of problem solving skills.
• Knowledge of computerized accounting systems to include word processing, spreadsheet software and integrated ERP / accounting systems (e.g., Excel, Word, Powerpoint).
• Working knowledge of SOP 81‑1 and EITF 99‑5

We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job‑related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.

Eaton believes in second‑chance employment. Qualified applicants with arrest or conviction history will be considered regardless of their arrest or conviction history, consistent with the Los Angeles County Fair Chance Ordinance, the California Fair Chance Act and other local laws.

You do not need to disclose your conviction history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if Eaton is concerned about conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.

To request a disability‑related reasonable accommodation to assist you in your job search, application, or interview process, please call us at 1‑800‑836‑6345 to discuss your specific need. Only accommodation requests will be accepted by this phone number.

We know that good benefit programs are important to employees and their families. Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away from work. Click here for more detail: Eaton Benefits Overview. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Other

Industries

Appliances, Electrical, and Electronics Manufacturing

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