Project Accounting Senior Analyst - Engineering Finance

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 business support role.
•    Working knowledge of project cost flows, labor costing, and basic cost accounting principles
•    Experience with ERP systems; hands‑on experience with Oracle Project Accounting or similar project costing systems strongly preferred
•    Familiarity with labor rates, cost pools, absorption, and utilization concepts
•    Proficiency in financial reporting, reconciliations, and variance analysis
•    Strong Excel and data analysis skills; ability to investigate and res