DESCRIPTION

Job Summary:

Responsible for the preparation of complex and interpretive financial analyses and reports. Supports the annual budget process, expense and/or staffing forecasts and statistical reporting.

Key Responsibilities:

As a Financial Analyst, you will make an impact in the following ways:

• Complex Financial Analyses : By preparing complex financial analyses for department management, you will provide valuable insights that can guide decision-making processes.
• Reporting : Your preparation of analyses, reports, and special studies for management will ensure that key stakeholders are informed about the financial status and progress of the organization.
• Budgeting : Partnering with organizational units to develop annual budgets will help to ensure financial efficiency and effectiveness across the organization.
• Forecasting : Your role in developing expense and staffing forecasts will provide a roadmap for the organization’s future, helping to guide strategic planning.
• Statistical Reporting : Preparing and consolidating financial data for statistical reporting will provide a clear and accurate picture of the organization’s financial health.
• Financial Performance Analysis : Your work in preparing financial performance reports, including variance explanations and cost analysis, will help to identify areas of strength and opportunities for improvement.
• Consolidation of Financial Data : By consolidating financial data, you will make it easier for stakeholders to understand the overall financial situation, aiding in decision-making processes.
• Mentorship : Coaching or leading less-experienced Financial Analysts will help to build a stronger, more knowledgeable finance team, fostering a culture of learning and continuous improvement.

RESPONSIBILITIES

To be successful in this role you will need the following:

• Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
• 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.
• Demonstrates self-awareness - Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
• Manages complexity - Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
• Optimizes work processes - Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.
• Self-development - Actively seeking new ways to grow and be challenged using both formal and informal development channels.
• 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.
• 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 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.
• 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 Finance, Accounting 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.

QUALIFICATIONS

• Monitor accounts payable balances and assure prompt payment of invoices.
• Analyze and forecast direct material variance impact to the financials.
• Collaborate with suppliers and cross functionally to resolve open receipts and unpaid invoices.
• Recommend changes in methods and procedures to improve the efficiency of accounts payable.
• Support three businesses - Seymour, Clovis and CKEC JV.
• Coach or mentor Financial Analysts.

Job Finance

Organization Cummins Inc.

Role Category Hybrid

Job Type Exempt - Experienced

Min Salary $74800

Max Salary $112200

ReqID 2402183

Relocation Package No

Cummins and E-Verify

At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Cummins validates the right to work using E-Verify and will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization. Visit http://EEOC.gov to know your rights on workplace discrimination.