Project Accounting Senior Analyst - Engineering Finance
Eaton Corporation
- Location
- Galesburg, Michigan, USA, 49053; Beachwood, Ohio, USA, 44122
- Work model
- On-Site
- Level
- Senior
- Salary
- $86k/yr
- H-1B history
- 25 approvals (FY2023)
- Posted
- 2h ago
About this role
Eaton’s Corporate Sector division is currently seeking a Project Accounting Senior Analyst - Engineering Finance. The expected annual salary range for this role is $86000 - $126000 a year. Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations. What you’ll do: Eaton’s Corporate Division is currently seeking a Project Accounting Analyst- Engineering Finance to join our team. This position can be based at our Beachwood, OH or Galesburg, MI locations with hybrid work available.
Position
Overview: The Project Accounting Analyst – Engineering Finance provides operational support for Engineering project accounting across Eaton’s enterprise. This role manages day-to-day Oracle Project Accounting (PA) processes and ensures accurate, timely recording of engineering project costs. Working as part of a centralized Engineering Finance team, the analyst maintains data integrity and compliance in project cost pools, supports month-end close, and assists with cost variance analysis. The position is execution-focused, contributing to Eaton’s finance transformation by ensuring consistent, high-quality project financial data across all engineering organizations. Job Responsibilities: • Month‑End Close: Support project accounting close activities by reconciling Project Accounting to the General Ledger and resolving discrepancies to ensure a timely, accurate close • Oracle Project Accounting & Labor Costing: Manage day‑to‑day labor costing in Oracle, including labor rate calculation, maintenance, and validation; coordinate with HR, Payroll, and upstream systems to ensure accurate project cost capture • Labor Rate & Cost Pool Support: Support development, analysis, and monitoring of engineering labor rates and cost pools, including absorption and utilization, to ensure appropriate cost recovery and financial compliance; assist with forecasting and annual planning for engineering resource groups and cost pools • Project Cost Control: Ensure project costs are accurately coded and posted; resolve errors and drive improvements to strengthen cost integrity and reduce rework • Project Recharge & Billing: Oversee project recharge and cross‑charge activities, including intercompany charges, and support project billing in alignment with project setup and financial requirements • Reporting & Analysis: Provide routine project cost, labor, and utilization reporting; support variance analysis and issue resolution for Engineering Finance and project stakeholders • Engineering Business Support: Serve as a finance partner to engineering teams, providing guidance on project setup, labor rates, cost treatment, and financial impacts to support informed decision‑making • Process Improvement & Systems: Partner with Engineering, Finance, and IT to standardize and improve project accounting and labor costing processes; support system implementations, automation, and standard work documentation • Team Collaboration: Contribute in a team environment through cross‑training, knowledge sharing, and continuous improvement across the engineering finance organization. Qualifications: Required (Basic) Qualifications: • Bachelor’s degree from an accredited institution • Minimum 2 years of in accounting or finance experience. • No relocation benefit is being offered for this position. Only candidates within a 50-mile radius of Beachwood, OH or Galesburg, MI will be considered. Active-Duty Military Service member candidates are exempt from the geographical area limitation. • Must be able to work in the United States without corporate sponsorship now and within the future. Skills: Position Criteria: • Ability to partner with engineering, project management, or operations teams in a