Eaton’s Corporate Sector division is currently seeking a Specialist - Equity Compensation Plans.

The expected annual salary range for this role is $105000.03 - $154000.04 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. 

We are currently seeking an Specialist - Equity Compensation Plans. This position is based at our North American HQ in Beachwood, OH with hybrid work available. 
Position Overview:
This position is responsible for coordinating, analyzing, and processing all accounting, forecasting and profit planning requirements for Eaton’s equity-based compensation plans. Customers range from global plant personnel (controllers) to Eaton’s Senior Leadership.  The individual must interact with and provide financial support to all levels of the organization.  Customers rely on the individual's ability to provide insightful, timely, and accurate reporting and to resolve complex accounting issues. This position must collaborate on issues with multiple global corporate functions such as Human Resources, Treasury, Legal, and Tax as well as managing & directing third party administrators, auditors, and consultants.
Job Responsibilities:
•    Collaborate with Eaton Global HR, Finance and legal functions, third party administrators, auditors, and consultants to understand, analyze & implement plan rules, legislative changes, funding and tax requirements associated with Eaton’s equity based compensation plans.  
•    Manage all aspects of the monthly accounting, forecasting and profit planning for equity-based plans from grant through exercise.  Understand the Black-Scholes pricing model as well as US GAAP, statutory, and tax rules for purposes of forecasting, recording and reporting stock options and restricted stock. Ensure account balances are properly stated.
•    Responsible for the preparation of the annual 10K disclosure pertaining to Equity Compensation.
•    Collaborate with HR, Treasury, global Payroll, and third-party administrators to ensure data integrity for equity plans such as valid account balances, tax withholding calculations, funding, and payments. Super user of Fidelity’s PSW system, responsible for studying, recommending and implementing software options available to improve efficiency, productivity, data integrity, transparency and flexibility (US GAAP and IFRS) such as Fidelity’s Accounting application.  
•    Oversee accounting and reporting function for Eaton’s Board of Directors compensation plans from accrual to payout.  Ensure account balances are properly stated. 
•    Coordinate with the Financial Accounting position responsible for calculating and reporting Earnings per Share.  This includes supplying all equity compensation plan movements that impact Equity and Earnings per Share.  
•    Performs special projects areas of compensation and benefits as requested.
•    Act as a catalyst for process improvement through actively initiating change as well as embracing changes suggested by the team.  Manage the development and design of new auditing and forecasting tools.
•    Assist with audit requests from internal and external auditors.
•    Ensuring effectiveness of internal controls and compliance with company policies.
•    The position works with highly confidential data and must assure strict adherence to professional standards.
 

Required (Basic) Qualifications:
•    Bachelor’s degree from an accredited institution required.
•    Minimum of five (5) years of accounting or finance experience required.
•    Relocation assistance is not available for this position. Only candidates currently located within a 50 mile radius of Beachwood, OH 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.
Preferred qualifications:
•    Working knowledge of US GAAP (CPA, MBA or other Master's degrees are preferred)
•    Proficient in Microsoft Office software
•    Knowledge of accounting for stock options, deferred compensation and other benefits a plus.
Position Criteria:
•    Strong analytical and accounting skills required
•    Analytical thinking
•    Ability to express the complex in simple, easy-to-grasp ways, verbally and in writing
•    Attention to detail and accuracy
•    Ability to interpret US GAAP guidance and determine appropriate application to real world business environment
•    Ability to understand plan amendment and legislative changes related to compensation and benefits plans, determine the impact to the financial results, make decisions, and implement any required accounting changes.
•    Strong interpersonal skills and a drive for results, with the ability to promote ideas and work effectively within all levels of the organization.
•    Project Management skills with a proven record of delivering on all aspects of the project plan
•    Ability to manage multiple projects and prioritize the workload accordingly
•    Ability to identify, suggest and implement finance process improvements
•    Expert PC skills and technical skills with a strong knowledge of Excel and Access
•    Demonstrate leadership skills in a team environment
•    Can work easily with a diverse set of people to get things done with and through others
•    Working knowledge of financial systems such as Oracle, SAP, FCCS, and payroll systems.
•    10% travel required 
 

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 applicant's 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.

Eaton believes in second chance employment. Qualified applicants with arrest or conviction history will be considered regardless of their arrest or conviction history, consistent with the Los Angeles County Fair Chance Ordinance, the California Fair Chance Act and other local laws.

You do not need to disclose your conviction history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if Eaton is concerned about conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.

To request a disability-related reasonable accommodation to assist you in your job search, application, or interview process, please call us at 1-800-836-6345 to discuss your specific need. Only accommodation requests will be accepted by this phone number.

We know that good benefit programs are important to employees and their families. Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away from work. Click here for more detail: Eaton Benefits Overview. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.