A. As the plant is new creation, this position will be responsible for analyze cogs structure, review current routings and BOMS to ensure profitability and a correct absorption rate for Monterrey Operations.
B. Coordinate cost accounting process and cost maintenance to ensure accuracy of BOM’s, routings and standard cost. Assists in periodic reviews and updates are performed as required, including review of variance analysis to drive continuous improvement. Including costing for new projects
C. Responsible in preparation of the profit plan, rolling forecast and weekly performance reporting for cost & inventory related metrics and figures. Drives business to meet or exceed short term & long-term goals, initiatives, and expectations.
D. Review, analyze, and evaluate department budget system for the assigned departments. Develop and implement reports for management use in evaluating results against performance targets.
E. 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. Act as advisor and provide counsel to plant staff and personnel regarding financial operations and interpretation of financial information.
F. Coordinate cost accounting process and cost maintenance to ensure accuracy of BOM’s, routings and standard cost. Assists in periodic reviews and updates are performed as required, including review of variance analysis to drive continuous improvement. Including costing for new projects
G. Analyze low cost margin, work with operations to identify production strategy.
H. Partner with materials and quality teams to ensure controls are in place to follow the on-hold levels as per internal policy and controls
I. Partner and supports IC costing and MPV reviews and reports related to general cost for legacy business
J. Lead processes to identify and quantify cost out opportunities and related data capture in database. Ensure integrity of financial information related to cost out projects.
K. Support implementation of improvements to monthly closing procedures ensuring accuracy and timeliness, as well as continuously develop and improvement of financial modeling and tools.
L. Ensure accurate and timely submission of data to the various Eaton systems (Oracle, Wisper, RSD, Encore, DFT, OBIEE, Dashboard, etc.)
M. Coordinate annual physical inventory for finance activities ensuring compliance with corporate procedures and accuracy of physical count. Ensure appropriate cycle count procedures are deployed.
N. Responsible for review and release of scrap material and production completions reporting, COGS, material prices variances, cost updates, and other cogs related activities
O. Establish and monitor compliance with internal accounting controls deemed necessary to ensure integrity of financial transactions, reporting and activities; and safeguarding of plant. Ensure compliance
of statutory requirements as applicable to the plant.
P. Support and lead department activities related to process improvements and standard work. Assists in maintaining an atmosphere of continuous improvement and team efforts for accomplishing department and plant goals. Deploy & sustain lean tools and initiatives in order to reduce waste and improve efficiency of the finance function.
