Eaton · 23 hours ago
Finance Leader - Procurement
Eaton is a global leader in power management solutions and is currently seeking a Finance Leader – Procurement to join their Corporate Finance team. This role will serve as the Finance Business Partner for the Global Procurement Organization, focusing on overseeing a significant spend and driving accountability and performance improvements across the Procurement supply base.
Electric Vehicle
Responsibilities
Partner with the GPO and Business teams to ensure Category strategies are developed and implemented for Direct Materials, Indirect Materials, and Logistics
Lead a team of high-level finance analysts to provide in-depth details and strategies that create alignment with the businesses for all categories around risk, opportunities, and performance
Identify specific opportunities and actions by leveraging SCM tools, such as should cost and total cost of ownership, to drive accountability and execute actions across the Enterprise
Partner with GPO, Business SCM, and Project Management teams to manage the project pipeline and project hopper progression, ensuring financial commitments are achieved
Lead efforts in determining and achieving targets for the annual Profit Plan, including setting specific goals and objectives for each Business and Category regarding Cost Out, Payment Terms, and Inflation Mitigation
Coordinate and lead monthly Actual and Forecast reviews with the GPO and Business SCM teams concerning supplier and category cost out, payment term performance, and economic impacts
Develop and maintain meaningful and actionable reporting on performance, including spend (purchases, receipts, invoices paid), cost out, supplier price increase requests, payment term progression, resiliency, and compliance to policy and programs at the Business and Category levels
Support and partner with applicable teams to implement and update policies, procedures, systems, and programs
Qualification
Required
Bachelor's Degree from an accredited institution required
Minimum of 7 years of professional experience in progressive Finance roles
Experience as a finance business partner in a complex, best-in-class finance function
Minimum 3 years of experience managing people
Eaton will not consider applicants for employment immigration sponsorship or support for this position. This includes no support for CPT, OPT, STEM OPT plans, F-1 to H-1B, H-1B cap registration, O-1, E-3, TN status, I-485 job portability, etc
Preferred
Bachelor's Degree in Finance or Economics preferred, from an accredited institution
Master's Degree in Business Administration from an accredited institution
Experience supporting a supply chain or procurement organization as finance partner
FP&A and finance operations experience, including cost accounting and productivity analysis
SAP and Oracle experience preferred
Experience within a global or multinational manufacturing company
Plant-level operations finance experience helpful
Benefits
Health and Welfare benefits
Retirement benefits
Programs that provide for paid and unpaid time away from work
Company
Eaton
Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere.
Funding
Current Stage
Late StageTotal Funding
$0.6MKey Investors
Michigan Economic Development Corporation
2023-06-22Grant· $0.6M
Leadership Team
Recent News
The Buzz - Electric Vehicle News
2024-05-23
Company data provided by crunchbase