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Finance Controller

EATON-Polimer Kauçuk

İstanbul(Avr.)

İş Yerinde

İş Yerinde

Job Type

Full-Time

Position Level

High Level Manager

Department

Finance

Finance

Application Count

310 application

Job Type

Full-Time

Position Level

High Level Manager

Application Count

310 application

Department

Finance

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QUALIFICATIONS AND JOB DESCRIPTION

·       Education:  BS degree in Finance or Accounting, CPA/CMA preferred or equivalent local professional qualifications
·       Minimum of ten years professional experience; international manufacturing environment a must.
·       Sound working knowledge of US GAAP, Sarbanes Oxley and Turkish statutory requirements.  
·       Technical capability to prepare, analyze and interpret financial and operational data/reports.
·       Superior analytical and thinking skills; Intellectual rigor and curiosity; problem-solving capability.
·       Knowledge & understanding of corporate, region/division and business reporting policies
·       Understanding of global business issues, including foreign currency impacts, effective hedging protocols and local customs and duty requirements. 
 
What Eaton offers:
·       Challenging projects in dynamic collaborative team
·       Eaton Business System offering various tools for management and people development
·       Great promotional opportunities  – Eaton encourages internal promotion, whenever possible
 
About Eaton:
 
Eaton is a power management company with 2016 sales of $19.7 billion. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 95,000 employees and sells products to customers in more than 175 countries.

İŞ TANIMI

Eaton's Hydraulic Business has an opening for a:
 
Finance Controller
 
Location: Seyrantepe, Istanbul / TURKEY

 
Eaton is recognized as a worldwide leader in the design, manufacture and marketing of reliable, high-efficiency hydraulic systems and components for use in mobile and industrial applications. Eaton’s unwavering dedication to leadership in mobile and industrial applications has made Eaton one of the world’s preferred suppliers of hydraulic solutions. 

Primary Function:
 

A key member of the Eaton leadership team and EMEA Hydraulics finance team.  The position reports directly to the Eaton Turkey Campus Leader. This role is instrumental to manage financial performance of the business in Turkey, including analysis of forecasts and actual performance, business drivers, and operational metrics.
This role will develop forward-looking insights to drive management decision, actions and improve operational and financial results.  The Controller provides proactive leadership around issues and opportunities.  The individual will need to drive short term actions to achieve current results while supporting the deployment of progressive strategies which result in a sustainable competitive advantage and strong financial return on investment.  The Controller provides technical competency to ensure compliance with corporate financial policies, legal requirements and US GAAP.  This individual is responsible for administrative process improvements within the operation, creates and implements procedures to improve the internal control environment, streamlined efforts and provide increased transparency of financial results.  This position is responsible for building organizational capability within the finance function by hiring and developing finance workforce.  The position also ensures assets assigned by the corporation are adequately protected and provide operations management with financial guidance necessary to produce the expected return on those assets.
 
Essential Functions:
  • Develop and coordinate profit plans as per guidance received from EMEA region, as well as monthly forecasts, goals & objectives, financial reconciliations, reports and analysis for management, including variance analysis and cost control reporting and recommendations.
  • Advice and counsel Operations Leadership Team on financial implications of operating strategies, cost control actions and decisions, in doing so act as a true business partner.
  •  Manage, analyze, evaluate and interpret financial forecasts and operating results.  Inform management of results and recommend corrective actions to address unfavorable variances.
  •  Review, analyze and evaluate financial data and information for accuracy, consistency and transparency.  Maintain integrity of financial reports prepared by the plant.
  • Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with generally accepted accounting principles and local statutory requirements. 
  •  Develop and implement budgeting and financial reporting systems to provide timely and relevant information to  operations, region/division, and corporate management and cost control. Control and maintain adequate product costing systems for valuation and cost estimating activities.
  • Ownership of account reconciliation process to maintain integrity of  general ledger and its supporting sub-systems.  Assess adequacy of reserves and overall financial reporting.  Ensure adequate training and oversight is provided to all finance personnel to ensure account reconciliations meet Eaton’s requirements.  Provide leadership and support for the Balance Sheet Review process. 
  • Establish, monitor and maintain a system of internal controls that safeguards company asset and provides for integrity and propriety of financial transactions and activities. Compliance with corporate policy, including SOX.
  • Evaluate and approve  capital appropriation requests prior to region/division and corporate management approval.  Monitor and report purchase commitments and spending for all capital programs.  Conduct follow-up audits to ensure compliance for all significant capital investments. 
  • Manage hiring, training and development of  financial staff.  Establish a work environment that encourages individual career development and growth in order to provide adequate and qualified financial professionals opportunity for advancement. Contribute to the global team’s organizational capability by sharing knowledge and developing and exporting talent.
  • Manages the deployment of cost saving and other programs to provide operating economies and improve profitability.  Monitors and provides opportunities to support continuously improving  Productivity / Gross Utilization.  Support other Operations initiatives including EBE, MESH, ELSS and other BPI efforts. 
  • Supports and monitors variable pay for performance, as applicable.
  • Ensures that the appropriate  quality policy and system are thoroughly implemented in the finance function.  Ensure all finance responsibilities are defined and communicated throughout the operation with specific responsibilities and appropriate timing.  Ensures the deployment of finance standard work.
  • Coordinate with the Corporate Controller compliance with Turkish GAAP, as well as statutory and fiscal requirements, as required.
  • Provide leadership to ensure adequate cost accounting processes are in place, including standard cost updates, physical inventory verification, periodic cycle counts, etc. 
  • Lead ad hoc projects as required including the execution of MFGPro & Oracle as well as system upgrades, business development initiatives such as new business opportunities (and possibly financial review of development contracts and appropriate revenue recognition and project accounting, as applicable) 
 

Preferred Candidate

More than 15 years of experience
Bachelor’s(Graduate), Master’s(Student), Master’s(Graduate), Doctorate(Student), Doctorate(Graduate)

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