Senior Analyst-PTP

Job Description

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 incumbent will be part of the team that would work together with the transitions team. 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 in compliance with generally accepted accounting principles, local statutory requirements and Eaton Corporate policies and practiceList the main functions of the role, being clear and concise (avoid using abbreviations, use short sentences, stress what is unique, emphasize what makes your job and organization special). If this is a re-evaluation of an existing role, highlight the job responsibilities that are new to the role.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/block invoice 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 with regard to 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 / Dy. Managerin achieving the required goals and timelines. Ability to cut across functions and drive cross functional initiatives which contribute to ultimate Eaton Goals Continuous Improvement - Partake in CI initiatives as part of larger teams to drive a lean culture through the use of EBS Lean tools Six Sigma, BPIs etc. and also, through the use of technology like Robotics Process Automation (RPA). Quality culture - Work with Team Lead / Dy. Manager to 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
• MBA-Finance or B.com. (Accounting) with required experience
• 8-10 years. Must have knowledge for Purchase to Pay process
• Oracle R12 and/or SAP. Knowledge of Power BI, Business Analytic Tools, SQL, etc. will be an added advantage
• Influencing skills with relationship building with the customers and stakeholders
• Excellent analytical, written and oral English and German communication skills
• Ability to work collaboratively across boundaries/business lines.
• Systematic process orientation, strong analytical and problem-solving skills
What you will get from usEaton s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic and mechanical power more safely, more efficiently and more reliably. Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each day. It s where bold, bright professionals like you can reach your full potential and where you can help us reach ours. Eaton s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 85,000 employees.We make work exciting, engaging and meaningful for our employees through our dedication to tackling some of the toughest power management challenges on the planet and by never losing sight of what matters. 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 pledge to always foster a diverse and inclusive environment, including inclusion resource groups that bring together employees who share a common purpose, interest or background. In the past year, our company has received top employment recognition by the Human Rights Campaign and almost fifty percent of our Board of Directors represented diverse groups. When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we as individuals and as a company are stronger.We have demonstrated our passion for sustainability with the recent announcement of cutting carbon emissions from the company s operations by at least 50 percent by 2030. We are ethical, passionate, accountable, efficient, transparent and committed to learning. We are confident we can deliver on our promise to improve the quality of life and the environment because of the attributes that our employees embody.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 applicants 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.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 ,

Keyskills :
us gaapaccountscustomer relationsreportingboard of directorspower biresearch