DESCRIPTION

GPP Database Link (https://cummins365.sharepoint.com/sites/CS38534/)

Job Summary:

Responsible for implementing accounting practices and procedures. Supervises a group of general accountants or accounting clerks in maintaining the general ledger.

Key Responsibilities:

Supervises a group of general accountants or accounting clerks in maintaining the general ledger. Implements accounting policies under direction of the Accounting Manager. Implements processes and procedures that properly capture, track, and report revenue and expenditures. Compiles, reviews, analyzes, and records complex financial information. Reviews account reconciliations prepared by accountants and accounting clerks. Reviews and interprets balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports. Identifies control weaknesses and communicates to management. Operates in a lead capacity in making remedial changes to tighten and enhance controls and mitigate risk. Conducts research and analysis on advanced issues. Designs, modifies, installs, and/or maintains accounting systems to ensure adequate recognition of financial transactions. Coaches and mentors accountants and accounting clerks; assigns work according to availability, skills, and developmental needs; assesses performance and provides feedback to direct reports.

RESPONSIBILITIES

Competencies:

Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.

Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Directs work - Providing direction, delegating, and removing obstacles to get work done.

Ensures accountability - Holding self and others accountable to meet commitments.

Values differences - Recognizing the value that different perspectives and cultures bring to an organization.

Business Partnering - Collaborates with stakeholders and develops partnerships to drive performance that aligns to organizational goals and strategies; influences the organization by demonstrating knowledge of the business to provide guidance to support the decision making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities.

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 Internal Controls - Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.

Financial Planning and Forecasting - Utilizes financial forecast data to provide forward looking projections to facilitate decision making; partners with stakeholders to analyze trends and validate assumptions to provide a forecast that aligns to the organization's goals and strategies.

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.

Product Cost Management - Analyzes product costs and variances to ensure inventory is costed in compliance with accounting requirements; applies understanding of differences in fixed and variable costs to record inventory costs in compliance with company policies; evaluates product cost options by partnering with business to optimize current and future product costs; assesses inventory cost variances by reviewing estimates to improve integrity of results.

Product Costing - Establishes total material costs to ensure compliance with policies and completeness of the bill of materials; develops labor and overhead rates to ensure inventory costed in compliance with company policies; analyzes actual cost to understand variances to estimates to improve integrity of results.

US Generally Accepted Accounting Principles - Evaluates US accounting standards to record transactions in compliance with requirements and company policies; assesses the accounting requirements and objectives to determine the implications on the business and communicate to stakeholders with varying financial knowledge.

Education, Licenses, Certifications:

College, university, or equivalent degree in Accounting, Finance or related field required. Progress toward Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification preferred.

Experience:

Intermediate level of relevant professional work experience in the field of study required, including some supervisory experience.

QUALIFICATIONS

Key responsibilities: Responsible for all statutory related reporting and compliance according to local laws in regards to accounting and fiscal/ tax matters. Responsible for the accuracy of the accounting postings, GL, reconciliations, compliance US GAAP and IFRS, preparation/supervision and reporting .

This role plays a critical part in maintaining the integrity of financial data, managing cost control at the plant level, and supporting forecasting and annual operating planning processes.

Job Finance

Organization Cummins Inc.

Role Category On-site with Flexibility

Job Type Exempt - Experienced

ReqID 2423182

Relocation Package No

100% On-Site No