Group Vice President Finance Leader
4 weeks ago
Eaton's Electrical Sector Americas Division is seeking a seasoned finance leader to serve as Group Vice President Finance, Energy Solutions & Services (ESS). This role will be based in either Moon Township, PA or Cleveland, OH.
The successful candidate will report directly to the President of the Energy Solutions and Services Group, Electrical America and functionally to the VP Finance, Electrical America. As a key member of the senior leadership team, the Group Vice President Finance will lead the ESS group finance organization, ensuring compliance with corporate financial policies, legal requirements, and GAAP.
The ideal candidate will provide strategic, analytical, and tactical financial leadership to maximize profitable growth and support the larger strategic initiatives for the ESS Group and the Electrical America. This includes financial planning & analysis, internal controls, and global product line support.
The Group Vice President will have financial P&L and full balance sheet responsibility, driving process improvements within the organization and creating 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.
Key Responsibilities- 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.
- Directs general and property accounting, cost accounting, and budgetary control for the ESS Group. Evaluates 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 the deployment of an organizational model that aligns personnel with the 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.
- Develops key leaders and builds 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.
- Plays a role in representing the company in the local community to enhance its image and reputation.
- 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.
- 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.
- An undergraduate degree is required. A Master's degree is preferred.
- 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.
- This position will be based in either Moon Township, PA or Cleveland, OH.
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