DESCRIPTION

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

Job Summary:

The ideal candidate will have significant experience in distribution and/or complex revenue accounting, including supervisory experience to manage a team of accountants and/or a complex process that interacts with multiple individuals outside of the department. They should possess knowledge and experience with finance systems and tools such as Oracle, Bolt, BMS, Salesforce, and Ariba. The role involves performing and/or overseeing highly specialized accounting work required to maintain the company’s general ledger, resolving complex accounting issues resulting from both routine and non-routine transactions. Additionally, the candidate will review general ledger entries, account reconciliations, internal and external reports, schedules, and statements. They will also regularly review existing internal controls, develop new internal controls as necessary, and implement new accounting standards. Furthermore, the candidate will be responsible for making and implementing recommendations to improve accounting processes and procedures.

In this role you will make an impact in the following ways:

• Team Management: Lead and manage a team of accountants, providing guidance, support, and training as needed.
• Accounting Processes: Oversee the recording, analyzing, and reporting of accounting transactions to ensure accuracy and compliance with relevant standards.
• Review and Analysis: Conduct thorough reviews of general ledger entries, account reconciliations, internal and external reports, schedules, and financial statements.
• Inquiries and Reporting: Respond to inquiries from management, internal and external auditors, the Sarbanes-Oxley audit group, and other stakeholders regarding financial results and special reporting requests.
• Internal Controls: Regularly review existing internal controls and develop new controls as necessary to safeguard the organization’s assets and ensure compliance.
• Process Improvement: Make and implement recommendations to enhance accounting processes and procedures for greater efficiency and accuracy.
• Accounting Standards: Implement new accounting standards and ensure the team is up-to-date with the latest regulations and practices.
• Training: Provide training to new and existing staff to ensure they are knowledgeable and proficient in their roles.
• Confidentiality: Protect the organization’s value by maintaining the confidentiality of financial information and sensitive data.

RESPONSIBILITIES

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

Communicates Effectively

• Proven ability to develop and deliver multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Strong verbal and written communication skills.
• Experience in tailoring messages to various stakeholders.

Develops Talent

• Demonstrated experience in developing people to meet both their career goals and the organization’s goals.
• Ability to mentor, coach, and provide constructive feedback.
• Track record of fostering a culture of continuous learning and development.

Directs Work

• Proven ability to provide direction, delegate tasks, and remove obstacles to get work done.
• Strong organizational and time management skills.
• Experience in leading teams and managing projects.

Manages Ambiguity

• Ability to operate effectively, even when things are not certain or the way forward is not clear.
• Strong problem-solving skills and adaptability.
• Experience in navigating complex and uncertain environments.

Manages Complexity

• Proven ability to make sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
• Strong analytical and critical thinking skills.
• Experience in handling multifaceted issues and making informed decisions.

Values Differences

• Recognizes the value that different perspectives and cultures bring to an organization.
• Commitment to fostering an inclusive and diverse work environment.
• Experience in working with diverse teams and stakeholders.

Business Partnering

• Collaborates with stakeholders and develops partnerships to drive performance that aligns with organizational goals and strategies.
• Demonstrates knowledge of the business to provide guidance and support decision-making processes.
• Evaluates business environments to mitigate risks and capitalize on opportunities.

Business Process and Internal Control Risk Analysis

• Evaluates business processes to identify risks and internal control gaps.
• Applies understanding of business processes and relevant risks to develop and implement process improvements.
• Develops risk management plans by applying internal control frameworks to address identified risks.

Financial Analysis

• Interprets financial data by analyzing trends, variances, opportunities, and risks to provide insights to stakeholders.
• Evaluates financial results against targets and communicates conclusions to all stakeholders.
• Ensures the integrity of financial data by investigating variances and determining corrective actions.

Financial Internal Controls

• Leverages internal control frameworks by assessing internal controls and developing remediation plans to mitigate financial reporting risks.
• Responds to changing business needs with appropriate internal control measures.

Financial Regulations Acumen

• Evaluates applicable regulations for the financial area of focus to ensure compliance.
• Explains key requirements and implications of regulations to relevant stakeholders.
• Ensures transactions are recorded in compliance with applicable regulations.

Financial Reporting

• Analyzes financial data to support business decisions.
• Prepares and presents financial information in compliance with regulations and stakeholder expectations.
• Partners with stakeholders to drive financial performance aligned with organizational goals.

US Generally Accepted Accounting Principles (GAAP)

• Evaluates US accounting standards to ensure transactions are recorded in compliance with requirements and company policies.
• Assesses accounting requirements and objectives to determine business implications.
• Communicates accounting standards and implications to stakeholders with varying financial knowledge. Education, Licenses, Certifications: College, university, or equivalent degree in Accounting, Finance or related field required. Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification required. Experience: Significant experience required, including supervisory experience.

QUALIFICATIONS

• Significant experience required in distribution and/or complex revenue accounting experience, including supervisory experience to manage a team of accountants and/or a complex process that interacts with multiple individuals outside of the department. Knowledge and experience of finance systems and tools - Oracle, Bolt, BMS, Salesforce and Ariba.
• Performing and/or overseeing highly specialized accounting work required to maintain the company’s general ledger, resolving complex accounting issues resulting from routine and non-routine accounting transactions.
• Reviews general ledger entries, account reconciliations, internal and external reports, schedules and statements.
• Reviews existing internal controls on a regular basis and develops new internal controls as necessary and implements new accounting standards.
• Makes and implements recommendations to improve accounting processes and procedures.

Job Finance

Organization Cummins Inc.

Role Category Hybrid

Job Type Exempt - Experienced

ReqID 2402061

Relocation Package Yes

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.