Manager - Engineering Finance at Eaton in Pune, Maharashtra, India | Kablio

Role

Description

financial forecasting

risk mitigation

cost analysis

variance reporting

tool development

budget control

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.
Assist Engineering and Program Management in the identification of financial risks and developing mitigation plans.
Support proposal management by participating in the development of financial analysis for all new program business proposals, capital investments, and potential new product endeavors. (cost\benefit, Go\No Go, Make\outsource etc.)
Proactively assess deviations from plan, forecast, or baseline targets spend based on data and business partnership
Connect regularly with funding business across Eaton, to increase broad based understanding, share best practices, and align key processes
Prepare monthly report out on all major programs. Including updates on IRR, NPV etc. and spend variance analysis. Complete Estimate to Complete calculations (ETC) wherever required and ensure these are reviewed and approved by management
Develop and implement operational and financial tools/metrics to measure R&D spend impact and effectiveness; promote uniform application & reporting across Eaton.
Develop and implement productivity measures; reflect on cost statements and report on regular intervals
Monitor and communicate the project & program management spend and provide with interpretation of variances from plan, forecast, or baseline targets.
Be an active participant in the pre & pro-launch process and specifically support Pro-launch gate reviews and provide all necessary financial analysis in a timely fashion.
Business partner with program managers and functions (eg. IT, facility..) to control costs, mitigate risks and manage the budget; Analyze operational and financial data to indicate R&D spend effectiveness

Requirements

finance degree

sap

power bi

propm

costing

leadership

Bachelor’s Degree in Finance or Costing or Management Accounting. (CA/MBA/CWA/CMA)
Strong financial and analytical competence as well as planning and organizational skills
Experience in managing multiple projects. Demonstrated strong verbal, written, and interpersonal skills with ability to establish effective cross-functional relationships.
18+ years of experience in finance field (business partnering, costing, pricing, accounting etc.)
Prior experience with portfolio management tools (eg. ProPM), timetracking applications (eg. Tenrox) will be advantageous.
Proven leadership and problem-solving skills
Knowledge of computerized accounting systems to include word processing, spreadsheet software and integrated ERP / accounting systems (ie,Oracle/SAP, Excel, Word, Powerpoint, Power BI, Office 365 etc.)
Technical expertise in process and product costing and finance, specifically in application to commercial development and production contracts, Cost-benefit, Techno commercial analysis, engineering research and collaboration contracts etc
Attention to detail and deadline-orientated focus

Benefits

Information not given or found

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Over 100 years

Years in operation

The company has been operational for over a century, demonstrating its long-standing presence in the industry.

Over 175 countries

Countries Operated

Eaton operates its business across 175 countries, showcasing its global reach and influence.

global leader in power management, providing energy-efficient solutions for managing electrical, hydraulic, and mechanical power.
products and services span across industrial, commercial, residential, and infrastructure markets.
innovative solutions in energy storage, electrical distribution, and industrial automation.
instrumental in advancing technologies for utilities, transportation, and energy management.
recent standout projects include large-scale energy management systems for smart cities and utilities.
systems are crucial for sectors ranging from renewable energy to water resources management.
history of growth through acquisitions, continuously expanding global footprint and product offerings.

Culture + Values

Develop employees by helping them succeed not just at work, but in life as well
Delight customers by understanding their challenges and delivering real solutions proactively
Deliver for shareholders by doing what's right
Support communities by offering time and talent to meet social and economic needs
We are ethical
We are passionate
We are accountable
We are efficient
We are transparent
We learn
Doing Business Right reflects unwavering commitment to highest ethical practices and standards of behavior
Our brand promise: we make what matters work

Environment + Sustainability

31% GHG Reduction

Operational Emissions Reduced

The company has reduced its operational greenhouse gas emissions by 31% since 2018, amounting to 302,845 metric tons of CO2 equivalents.

Carbon Neutral by 2030

Commitment to Carbon Neutrality

The company aims to achieve carbon-neutral operations by 2030, focusing on reducing carbon emissions across all operational activities.

58M Metric Tons (Scope 3)

Scope 3 Emissions in 2023

In 2023, the company reported Scope 3 greenhouse gas emissions of 58,449,862 metric tons of CO2 equivalents, reflecting emissions from the entire value chain.

$3B Invested

Sustainable R&D Funding

The company has committed over $3 billion to research and development for sustainable solutions, highlighting its investment in eco-friendly innovations.

Aiming to reduce Scope 1 and Scope 2 GHG emissions by 50% by 2030 compared to 2018 levels.
Targeting a 15% reduction in Scope 3 emissions by 2030 from 2018 levels.
Achieving zero-waste-to-landfill certification for 79% of manufacturing sites, up from 75% in 2022, with a 2030 target of 100%.
Certifying 16% of manufacturing sites as zero-water-discharge, surpassing the 2030 target of 10% for water-stressed sites.
Independent verification of Scope 1 and Scope 2 GHG data with reasonable assurance and Scope 3 data with limited assurance.
Deploying clean-energy projects such as solar microgrids, PV installations, and carports, reducing over 20,000 metric tons of CO2 equivalents annually.

Inclusion & Diversity

28% Women

Representation in Salaried Roles

Women make up nearly 28% of salaried positions, striving toward a 2030 goal of 40%.

24% Minorities

U.S. Minority Representation

U.S. minorities comprise over 24% of salaried positions, aiming for 34% by 2030.

54% Leadership

Global Leadership Team Composition

Over half of the global leadership team are U.S. minorities.

2/3 Board

Board Member Diversity

Two-thirds of Board members identify as women or U.S. minorities.

10K Members

Inclusion Resource Groups

Eight Inclusion Eaton Resource Groups (iERGs) serve over 10,500 members globally.

100% Equality

Disability Equality Index

Received a perfect score of 100 on the Disability Equality Index for three consecutive years.

100% Equality

HRC Corporate Equality Index

Achieved a perfect score of 100% on the HRC Corporate Equality Index for eight consecutive years.

Company-wide pay equity assurance processes are in place for U.S. minority and global gender pay equity.
Eight Inclusion Eaton Resource Groups (iERGs) are present in 60 countries.
Awarded as one of the Best Companies for Women in India by Avtar & Seramount.
Received multiple global inclusion awards for commitment to diversity and inclusion.

Articles

Eaton’s Electrical Engineering Services & Systems

Turnkey electrical solutions

Transmission and distribution automation solutions

Role

Description

financial forecasting

risk mitigation

cost analysis

variance reporting

tool development

budget control

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.
Assist Engineering and Program Management in the identification of financial risks and developing mitigation plans.
Support proposal management by participating in the development of financial analysis for all new program business proposals, capital investments, and potential new product endeavors. (cost\benefit, Go\No Go, Make\outsource etc.)
Proactively assess deviations from plan, forecast, or baseline targets spend based on data and business partnership
Connect regularly with funding business across Eaton, to increase broad based understanding, share best practices, and align key processes
Prepare monthly report out on all major programs. Including updates on IRR, NPV etc. and spend variance analysis. Complete Estimate to Complete calculations (ETC) wherever required and ensure these are reviewed and approved by management
Develop and implement operational and financial tools/metrics to measure R&D spend impact and effectiveness; promote uniform application & reporting across Eaton.
Develop and implement productivity measures; reflect on cost statements and report on regular intervals
Monitor and communicate the project & program management spend and provide with interpretation of variances from plan, forecast, or baseline targets.
Be an active participant in the pre & pro-launch process and specifically support Pro-launch gate reviews and provide all necessary financial analysis in a timely fashion.
Business partner with program managers and functions (eg. IT, facility..) to control costs, mitigate risks and manage the budget; Analyze operational and financial data to indicate R&D spend effectiveness

Requirements

finance degree

sap

power bi

propm

costing

leadership

Bachelor’s Degree in Finance or Costing or Management Accounting. (CA/MBA/CWA/CMA)
Strong financial and analytical competence as well as planning and organizational skills
Experience in managing multiple projects. Demonstrated strong verbal, written, and interpersonal skills with ability to establish effective cross-functional relationships.
18+ years of experience in finance field (business partnering, costing, pricing, accounting etc.)
Prior experience with portfolio management tools (eg. ProPM), timetracking applications (eg. Tenrox) will be advantageous.
Proven leadership and problem-solving skills
Knowledge of computerized accounting systems to include word processing, spreadsheet software and integrated ERP / accounting systems (ie,Oracle/SAP, Excel, Word, Powerpoint, Power BI, Office 365 etc.)
Technical expertise in process and product costing and finance, specifically in application to commercial development and production contracts, Cost-benefit, Techno commercial analysis, engineering research and collaboration contracts etc
Attention to detail and deadline-orientated focus

Benefits

Information not given or found

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Over 100 years

Years in operation

The company has been operational for over a century, demonstrating its long-standing presence in the industry.

Over 175 countries

Countries Operated

Eaton operates its business across 175 countries, showcasing its global reach and influence.

global leader in power management, providing energy-efficient solutions for managing electrical, hydraulic, and mechanical power.
products and services span across industrial, commercial, residential, and infrastructure markets.
innovative solutions in energy storage, electrical distribution, and industrial automation.
instrumental in advancing technologies for utilities, transportation, and energy management.
recent standout projects include large-scale energy management systems for smart cities and utilities.
systems are crucial for sectors ranging from renewable energy to water resources management.
history of growth through acquisitions, continuously expanding global footprint and product offerings.

Culture + Values

Develop employees by helping them succeed not just at work, but in life as well
Delight customers by understanding their challenges and delivering real solutions proactively
Deliver for shareholders by doing what's right
Support communities by offering time and talent to meet social and economic needs
We are ethical
We are passionate
We are accountable
We are efficient
We are transparent
We learn
Doing Business Right reflects unwavering commitment to highest ethical practices and standards of behavior
Our brand promise: we make what matters work

Environment + Sustainability

31% GHG Reduction

Operational Emissions Reduced

The company has reduced its operational greenhouse gas emissions by 31% since 2018, amounting to 302,845 metric tons of CO2 equivalents.

Carbon Neutral by 2030

Commitment to Carbon Neutrality

The company aims to achieve carbon-neutral operations by 2030, focusing on reducing carbon emissions across all operational activities.

58M Metric Tons (Scope 3)

Scope 3 Emissions in 2023

In 2023, the company reported Scope 3 greenhouse gas emissions of 58,449,862 metric tons of CO2 equivalents, reflecting emissions from the entire value chain.

$3B Invested

Sustainable R&D Funding

The company has committed over $3 billion to research and development for sustainable solutions, highlighting its investment in eco-friendly innovations.

Aiming to reduce Scope 1 and Scope 2 GHG emissions by 50% by 2030 compared to 2018 levels.
Targeting a 15% reduction in Scope 3 emissions by 2030 from 2018 levels.
Achieving zero-waste-to-landfill certification for 79% of manufacturing sites, up from 75% in 2022, with a 2030 target of 100%.
Certifying 16% of manufacturing sites as zero-water-discharge, surpassing the 2030 target of 10% for water-stressed sites.
Independent verification of Scope 1 and Scope 2 GHG data with reasonable assurance and Scope 3 data with limited assurance.
Deploying clean-energy projects such as solar microgrids, PV installations, and carports, reducing over 20,000 metric tons of CO2 equivalents annually.

Inclusion & Diversity

28% Women

Representation in Salaried Roles

Women make up nearly 28% of salaried positions, striving toward a 2030 goal of 40%.

24% Minorities

U.S. Minority Representation

U.S. minorities comprise over 24% of salaried positions, aiming for 34% by 2030.

54% Leadership

Global Leadership Team Composition

Over half of the global leadership team are U.S. minorities.

2/3 Board

Board Member Diversity

Two-thirds of Board members identify as women or U.S. minorities.

10K Members

Inclusion Resource Groups

Eight Inclusion Eaton Resource Groups (iERGs) serve over 10,500 members globally.

100% Equality

Disability Equality Index

Received a perfect score of 100 on the Disability Equality Index for three consecutive years.

100% Equality

HRC Corporate Equality Index

Achieved a perfect score of 100% on the HRC Corporate Equality Index for eight consecutive years.

Company-wide pay equity assurance processes are in place for U.S. minority and global gender pay equity.
Eight Inclusion Eaton Resource Groups (iERGs) are present in 60 countries.
Awarded as one of the Best Companies for Women in India by Avtar & Seramount.
Received multiple global inclusion awards for commitment to diversity and inclusion.

Articles

Eaton’s Electrical Engineering Services & Systems

Turnkey electrical solutions

Transmission and distribution automation solutions