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Job Details
DESCRIPTION
Job Summary:
Assists in account reconciliation, financial analysis, journal entry preparation, and data entry. Supports month-end and year-end close processes under direct supervision. Performs accounting and finance activities to ensure accurate reporting and compliance.
Key Responsibilities
- Compiles, consolidates, and conducts basic analysis of accounting and finance information.
- Prepares basic journal entries for financial reporting purposes.
- Assists with monthly and annual account reconciliations, including accounts payable and prepaid expenses.
- Prepares tables, charts, and exhibits for financial reports and presentations.
- Maintains and updates retention schedules by day 4, collaborating with the GCA FA team.
- Coordinates with business units and CBS service lines to resolve open financial items.
- Records and tracks amortization journal entries for prepaid expenses, including employee medical insurance.
- Records CSR (Corporate Social Responsibility) contributions and performs monthly amortization.
- Ensures SOX (Sarbanes-Oxley) compliance by maintaining documentation for balance sheet reconciliation processes.
- Responds to inquiries from management, auditors, and other stakeholders regarding financial results and reporting requests.
- Participates as a team member in basic accounting projects and performs ad hoc reporting as needed.
RESPONSIBILITIES
Competencies:
- Values Differences: Appreciates diverse perspectives and fosters an inclusive workplace.
- Action Oriented: Approaches tasks with urgency, enthusiasm, and energy.
- Communicates Effectively: Develops clear, tailored communications for diverse audiences.
- Customer Focus: Builds strong relationships and delivers customer-centric solutions.
- Decision Quality: Makes timely, effective decisions to advance organizational goals.
- Nimble Learning: Learns from successes and failures to solve new problems effectively.
Qualifications
- High school diploma or certificate of completion of secondary education, or equivalent experience to meet applicable regulations.
- Minimal or no work experience required.
Experience
- Minimal or no prior work experience is required; on-the-job training will be provided.
QUALIFICATIONS
Skills
Technical Skills:
- Financial Analysis: Ability to analyze trends, variances, and risks to provide actionable insights and drive business improvements.
- Financial Internal Controls: Understanding and application of internal control frameworks to mitigate financial reporting risks.
- Financial Regulations Acumen: Knowledge of applicable regulations (tax, banking, pension, local accounting) to ensure compliance.
- Preparation of balance sheet reconciliations for accounts payable and prepaid expenses.
- Proficiency in recording journal entries for prepaid expenses, CSR contributions, and other financial items.
- Familiarity with Sarbanes-Oxley (SOX) compliance and related documentation.
- Competence in resolving open financial items with cross-functional teams.
Job Finance
Organization Cummins Inc.
Role Category Hybrid
Job Type Office
ReqID 2409182
Relocation Package No
Company Details
Cummins Inc.
Columbus, IN, United States
Cummins Inc. is a global power leader with complementary business segments that design, manufacture, distribute and service a broad portfolio of... Read more