Finance Associate - Level II

About the role

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:

Any Degree in Commerce/Finance (MBA Finance preferred)

Experience

2-4 years of relevant work experience required.

Financial Reporting & Analysis

• Manufacturing Overheads Analysis

• AOP & Forecast Submission

• Financial Reporting

• Stakeholder Management

• Prepare basic financial reports for management, including reviews of key areas of emphasis and follow-up actions.

• Analyze financial data to support departmental budgets and forecasts.

• Explain expense variances and support initiatives to improve cost awareness across the organization.

• Load actuals and forecast data into financial systems in a timely and accurate manner.

Financial Operations & Processes

• Support daily financial processes including purchase requisitions, invoice reconciliation, supplier payments, check requests, and responses to monthly budget-related queries.

• Participate in special projects as assigned and complete ad hoc reporting requests as required.

Job Finance

Organization Cummins Inc.

Role Category On-site with Flexibility

Job Type Office

ReqID 2438416

Relocation Package Yes

100% On-Site No