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Eaton Corporation's Corporate Sector division is seeking a skilled Accounting Analyst to join our team.
**Job Summary**
As an Accounting Analyst, you will be responsible for coordinating and reconciling payroll and benefits activity to general ledger accounting activity for Payroll bank accounts and Payroll accruals, ensuring data integrity consistent with U.S. GAAP. You will process adjustments for payroll and benefit accruals, and perform statutory review and approval of travel expenses.
**Key Responsibilities**:
• Support end-to-end projects, taking on various accounting functions for both payroll and benefits.
• Perform reconciliation between payroll, time and labor, and financial systems.
• Process manual adjustments for accrual activity in both Oracle and SAP Financial Systems.
• Create and maintain standard operating procedures (SOP).
• Compare cash receipt and disbursement activity on Oracle general ledger and bank statements, identifying any activity not appearing on both mediums as a reconciling item.
• Perform balance sheet reconciliations for payroll and benefit accruals.
• Monitor actual balances to perform appropriate true-ups of accrual accounts.
• Discuss and seek to resolve discrepancies between the bank and general ledger, which require corrective action.
• Provide the bank reconciliations and supporting documentation to the Payroll, and Benefits Accounting Departments for the purpose of clearing reconciling items as necessary.
• Provide assistance in the resolution of issues related to cash transactions, requiring the ability to effectively research transactions and recognize procedural and other errors.
• Collect and coordinate, on a monthly basis, bank statements and related supporting documentation from banks, Divisions, and internal Accounting Departments.
• Provide assistance in the escheatment process by the coordination, identification, and proper resolution of old outstanding checks.
• Coordinate and assist with interim and year-end external audit testing of general ledger cash balances.
• Statutory review and approval of travel expenses via Concur for Mexican legal entities.
**Requirements**:
• Bachelor's Degree in Accounting or Finance required.
• Minimum 1 year experience in accounting area.
• Demonstrated effective use of Microsoft Excel, Oracle, and SAP.
• Strong, proven problem-solving and written and oral communication skills required.
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Eaton Corporation is committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, color, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation, or any other status protected or required by law.
