Job Summary:
Prepares basic financial analyses and reports for management. Supports the annual budget and forecasting processes. Performs activities under moderate supervision.
Key Responsibilities:
Prepares basic reporting for management, including reviews for areas of emphasis and follow-up. Analyzes basic financial data to support departmental budgets and forecasts. Explains expense variances and heightens spending awareness within the organization. Loads actual and forecast data into the financial system. Supports other daily financial processes required for purchase requisitions, invoice reconciliation, supplier payments, requests for checks and questions concerning monthly budget data. Participates in special projects as assigned. Performs ad hoc reporting requests as needed.
Competencies:
Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
Customer focus - Building strong customer relationships and delivering customer-centric solutions.
Decision quality - Making good and timely decisions that keep the organization moving forward.
Instills trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity.
Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
Values differences - Recognizing the value that different perspectives and cultures bring to an organization.
Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
Financial Reporting - Analyzes financial data by evaluating results and solutions to support business decisions; prepares and presents financial information by summarizing data to communicate results in compliance with regulations and stakeholder expectations; partners with stakeholders to drive financial performance that aligns to organizational goals and strategies.
Education, Licenses, Certifications:
Bachelor’s degree in Finance, Accounting, or related field. Postgraduate preferred.
Experience:
3-5 years of relevant experience required.
- To ensure completion of Fixed Assets activities on timely and RFT Basis.
- Monthly FA capitalisation and Maintenance
- Ensuring Timely Asset Tagging and confirmation
- Perform CMI and IGAAP month close activities - Standard and non standard Journals entries, CMI and ABO Reporting
- Asset Retirement DIF, Approval , Follow-up and timely action on asset retirement
- Ensure that Fixed Asset Process is SOX compliant and all controls are being properly followed on regular basis
- Prepare the Balance Sheet Reconciliation Review Pack on monthly basis and shared with CTB Team
- Prepare the Fixed Asset Schedule IV for statutory audit, provide the details of addition/ deletion to auditors/ ABO Tax Team and other requirement on timely basis
- Perform Physical asset verification on periodical basis
- Work on monthly actual and forecasted cash flow reporting, Involve in capital budgeting and work on Capex Forecast and AOP
- Regular monitoring of Fixed Asset Register, Capital Advances, Retentions, Asset Tagging, open PO and RFA on monthly basis and take appropriate action in FA Sub Ledger,
- Providing the FA inputs for Advance Tax Calculation of Qtrly basis.
Job Finance
Organization Cummins Inc.
Role Category On-site with Flexibility
Job Type Office
ReqID 2429942
Relocation Package No
100% On-Site No
