Compare cash receipt and disbursement activity on general ledger and bank statements. The incumbent identifies any activity not appearing on both mediums as a reconciling item.
Discuss and seek to resolve, with bank and/or personnel, discrepancies between the bank and general ledger, which require corrective action.
Provide the bank reconciliations and supporting documentation to the Treasury, Financial Accounting, Payroll, Accounts Receivable and Accounts Payable Departments as well as to Divisions for the purpose of clearing reconciling items as necessary.
Trace reconciling items from the general ledger back to originating entries and evaluate the validity of correcting entries with the transaction originator.
Collect and coordinate, on a monthly basis, bank statements and related supporting documentation from banks, Divisions and internal Accounting Departments. Includes the need to use on-line banking systems to obtain and investigate bank account information.
Provide assistance in the escheatment process by the coordination, identification and proper resolution of old outstanding checks.
Ensure compliance to Z-7 policy of financial policy, Sarbanes Oxley Act – Electronic Audit Evidence
Coordinate and assist with interim and year-end Ernst & Young testing of general ledger cash balances.
Actively participate in continuous improvement programs and committees.
Maintain positive relationships with customers, both internal & external. Ensure professional and appropriate communications.
Know and comply with policies: Global Ethics, Values and Philosophy, Management Environmental Safety and Security and Health (MESH).
Other activities assigned by supervisor or special requirements from management or company.
Bachelor’s Degree in Accounting, Finance or related field from an accredited institution required
3-5 years of relevant experience in Accounts payable domain
BPO/Customer service industry experience essential, preferably captive shared service experience
Strong verbal and written communication skills.
Structured approach to problem solving and ability to analyze a situation to identify the root cause
Good knowledge of internal controls especially SOX requirements
Ability to work within a team environment
ERP knowledge preferably SAP
Strong accounting knowledge – Local GAAP, US GAAP or IFRS
Sound MS Office skills (Excel, PowerPoint, Access, Word) required
Good Accounting knowledge
Strong customer service orientation
Structured approach to problem solving and issue resolution
Ability to apply accounting system expertise to troubleshoot financial system problems, resolve customer issues and implement new solutions.
Attention to detail and a high level of accuracy.
Ability to consistently meet deadlines.
Highly motivated self-starter who can work well in a team environment or independently.
Adaptable to change.
Demonstrates strong skills on following competencies: Dealing with Ambiguity, Customer Focus, Functional/Technical Skills, Integrity and Trust, Intellectual Horsepower, Managerial Courage, Organizational Agility, Drive for Results.
Drive for Results./Technical Skills, Integrity and Trust, Intellectual Horsepower, Managerial Courage, Organizational Agility, Problem Solving, Drive for Results.
Position will require the candidate to work in a Nigh Shift (18:30 to 03:00 AM (early morning – next day)
Shared Services experience.
Must be flexible in a fast-paced environment with ever-changing priorities.
Work with a sense of urgency, high metrics driven, and high quality of work
Today, the world runs on critical infrastructure and technology. Planes. Hospitals. Factories. Data centers. Vehicles. The electrical grid. These are things people depend on every day. And the companies behind them depend on us to help solve some of the toughest power management challenges on the planet. At Eaton, we’re dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable.
We are a power management company made up of over 99,000 employees, doing business in more than 175 countries. Our energy-efficient products and services help our customers effectively manage electrical, hydraulic and mechanical power more reliably, efficiently, safely and sustainably. By giving people tools to use power more efficiently. Helping companies do business more sustainably. And by encouraging each and every employee at Eaton to think differently about our business, our communities—and the positive impact we can have on the world.