Corporate Sector is Looking for Analyst PTP (German) Full Time

• The individual in the role will be part of GFSS Pune team responsible and accountable to perform the key accounting and high end PTP transactional activities for daily operations of the customers in EMEA from GFSS, Pune. The individual should understand the process workflows well and be able to decipher the process interconnect and impacts. This role is instrumental in supporting the Plant Controller and accounting manager to ensure an adequate internal controls environment throughout the plant.  This includes the effective deployment of accounting and resolution in areas of Indirect Taxation (VAT), invoice hold resolution, cash management for payments, interface management, comprehensive account reconciliation and reporting etc. to name a few.  This position also has responsibilities for ensuring financial accounting activities at the location are following generally accepted accounting principles, local statutory requirements and Eaton Corporate policies and practice.
• Process Centric – Thorough and in-depth understanding of the entire Purchase to Pay life cycle which includes Master record maintenance, Invoice Management, Invoice matching and resolution, Payment, Interface, reconciliation, reporting etc. Key focus will be to ensure effective management of the various stages of the PTP activities that drive accurate and timely accounting. Responsibilities include effective gatekeeping for Vendor Master Maintenance, Indirect Tax (VAT) Accounting and reconciliation including Withholding tax (if applicable), hold resolution, cash management for timely payments including forecasting, interface management and resolution from inbound applications, reconciliations (GRIR, Vendor etc.), proposal for write offs (if any), reporting – DPO, AP to name a few. Demonstrate high level of efficiency, learning agility and ensure a high level of accuracy. Provide business partnership to all areas of plant regarding functional expertise and cross-functional support, providing guidance and education as needed to plant personnel to achieve financial objectives.
• Control & Compliance – Promote and maintain an effective Internal Control environment that supports compliance with both US GAAP and all local & statutory requirements in all countries where the GFSS, Pune provides transactional services. This includes compliance with all of the requirements of Sarbanes Oxley (SOX) and controls as defined by the Internal Control Program Office.
• Process Standardization: Ensure alignment to globally defined SSC processes including the periodic review of existing controls and governance of the standard processes
• Collaboration – Collaborates with the stakeholders to support overall goals and objectives. Work closely with the Team Leader – Accounting in achieving the required goals and timelines. Ability to cut across functions and drive cross functional initiatives which contribute to ultimate Eaton Goals  
• Continuous Improvement- Drive a lean culture using EBS Lean tools – Six Sigma, BPIs etc. and, with technology like Robotics Process Automation (RPA). Quality culture: Drive and leverage various systems and tools to automate processes and drive process improvements. Must use quality tools like BPI, EBE, etc.
• Collaborate with peers in GFSS to ensure engagement, participation, and contribution to broader goals, policies, and initiatives

Qualifications

• Excellent analytical, written, and oral English & German communication skills
• MBA-Finance or B.com. (Accounting) with required experience
• May have knowledge for Purchase to Pay process and working understanding of RTR functions like understanding financial statements
• Hands on experience of SAP ERP
• 3-8 years of relevant experience
• Knowledge of U.S. GAAP, SOX
• Ability to work collaboratively across boundaries/business lines.
• Manufacturing experience preferred. 
• Excellent MS Office knowledge (Word, Excel, PowerPoint etc.).

Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society. Founded in 1911, Eaton has been listed on the NYSE for nearly a century. We reported revenues of $19.6 billion in 2021 and serve customers in more than 170 countries. 

Our culture is built on a strong commitment to practicing our core values and supporting our employees with the tools they need to succeed. We have demonstrated our passion for sustainability with the announcement of cutting carbon emissions from the company’s operations by at least 50 percent by 2030.

Eaton is committed to having a workforce that is diverse and non-discriminatory at all levels, reflecting the diversity of our customers and the varied environments in which we conduct business around the world.  Our success depends on our ability to attract and retain the very best people unlimited by race, color, social or economic status, religion, national origin, marital status, age, disability, veteran status, sexual orientation, gender identity or any protected status.  Eaton follows relevant non-discrimination laws and regulations in the countries where we operate. It is the policy of the Company to make all decisions regarding employment, including hiring, compensation, training, promotions, transfers, or lay-offs, based on the principle of equal employment opportunity as defined above.

Job: Finance/Accounting

Region: Asia Pacific
Organization: Corporate Sector

Job Level: Individual Contributor
Schedule: Full-time
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: Relocation from within hiring country only
Travel: No