Group Vice President Finance

Company:  Eaton
Location: Moon Township
Closing Date: 07/11/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Eaton’s Electrical Sector Americas Division is seeking a Group Vice President Finance, Energy Solutions & Services (ESS). This position will be based in either Moon Township, PA or Cleveland, OH.

Position Overview:

Reporting directly to the President of the Energy Solutions and Services Group, Electrical America and functionally to the VP Finance, Electrical America, the Group Vice President Finance will serve as a key member of the senior leadership team and will be responsible for leading the ESS group finance organization (Group VP, Regional and Plant Controllers). This includes ensuring that the business conforms to corporate financial policies, legal requirements and GAAP as well as providing strategic, analytical, and tactical financial leadership to maximize profitable growth and support the larger strategic initiatives for the ESS Group and Electrical America. The Group Vice President will also be responsible for internal controls, financial planning & analysis, and global product line support. He/she will have financial P&L and full balance sheet responsibility and will drive process improvements within the organization, creating and implementing policies to increase efficiency and transparency of results. In addition, this position is responsible for building organizational capability within the Finance function in the pursuit of the business group’s goals and aggressive growth objectives.

Essential Functions:

  • Work with Group President and Senior Leadership Team to set overall financial goals and objectives as well as functional goals and objectives in support of our strategic plan and current year profit plan.
  • Direct general and property accounting, cost accounting, and budgetary control for the ESS Group. Evaluate operating results in terms of costs, budgets, operating policies, trends and increased profit opportunities for the business.
  • Facilitate key monthly business operating reviews to help drive execution of our profit plan and longer-term strategy.
  • Perform ad hoc financial analysis to identify opportunities for profitability improvement – customer, sales, marketing, pricing/mix, new product development, operations, supply chain and cost-out.
  • Prioritize opportunities and provide leadership to the cross-functional teams to address areas for continuous improvement.
  • Ensure compliance with SOX, GAAP, and Eaton Financial Policy including integrity of all Balance Sheet items. Develop Finance functional excellence and stability through deployment of an organizational model that aligns personnel with requirements of a global business.
  • Provide financial leadership on a variety of strategic business projects – large commercial/pricing decisions, M&A or partnership opportunities, multi-generational product plans, supply chain optimization and new business opportunities.
  • Develop key leaders and build organizational capability through successful hiring, talent development and succession planning throughout the function and across all regions.
  • Foster an environment that promotes Eaton’s goals, philosophies, and encourages continuous improvement.
  • Play a role in representing the company in the local community to enhance its image and reputation.

Qualifications:

  • Minimum of 10 (ten) years of broad financial experience within a complex, global manufacturing organization.
  • Legally authorized to work in the US without company sponsorship.

Eaton Leadership Attributes:

  • Creates, promotes and sustains a high-performance culture. Continuously raises the performance bar for the finance organization.
  • Actively upgrades the organization through the infusion of top talent, through both the selection of new employees and the development of current employees. Must be capable of evaluating talent and building organizational capability. Requires good mentoring and coaching skills.
  • Continuously re-assesses the organization’s skills, competencies, and abilities to meet the business needs and drive results.
  • Effectively drives and manages change, challenges the status quo and champions new and innovative ideas.
  • Demonstrates professional presence, communicates articulately and confidently.
  • Exhibits managerial courage in defending a position and handling conflict.
  • Effectively leverages functional and cross-functional resources to solve problems, improve processes and meet objectives.
  • Acts as a business partner – sees the big picture – provides broad thought leadership.

Education:

  • An undergraduate degree is required. A Master’s degree is preferred.

Compensation:

  • Eaton recognizes this role as a critical position within the corporation and will create a compelling package consisting of a base salary, employee incentive compensation, including long term incentive and complete benefits.

Location:

  • This position will be based in either Moon Township, PA or Cleveland, OH.

About Eaton:

Why Work at Eaton? EVP Manifesto Video and Eaton at a Glance.

The expected annual salary range for this role is $195000.03 - $286000.04 a year. This position is also eligible for a variable incentive program. 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.

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 considers qualified applicants regardless of criminal histories, consistent with local laws. 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.

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