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Finance Associate - Level II

Finance Associate - Level II

Cummins India

2 years

0 Lacs

Phaltan Maharashtra India

Posted:3 days ago| Platform:

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Skills Required

finance analysis inventory management valuation reporting manufacturing analyze audit support compliance drive reconciliation payments checks integrity learning experimentation data resolve regulations certifications training forecast

Work Mode

On-site

Job Type

Full Time

Job Description

Description

Key Responsibilities:

Monthly Closing Activities & Variance Analysis: Perform monthly closing activities and variance analysis to ensure accurate financial reporting.
Inventory Management - Inventory Valuation, Inventory Aging , Excess & obsolete Inventory, Inventory Reporting
Product Cost Analysis & Reporting: Conduct product cost analysis and prepare related reports.
Manufacturing Cost Analysis: Analyze manufacturing costs to identify areas for improvement.
Audit Support: Assist in audit-related activities to ensure compliance and accuracy.
Expense Management: Analyze managed expenses to drive planned improvements, achieve stretch targets, and validate cost savings projects related to manufacturing expenses.
Financial Processes: Support daily financial processes, including purchase requisitions, invoice reconciliation, supplier payments, requests for checks, and addressing questions concerning monthly budget data.
Special Projects: Participate in special projects as assigned and perform ad hoc reporting requests as needed.

Responsibilities

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

ICWA Inter/CA Inter/MBA Finance & BCOM or M COM.

Experience

2+ years of relevant work experience or intermediate-level knowledge obtained through education, training, or on-the-job experience.

Qualifications

Additional Responsibilities:-

Reporting:
Prepare basic reporting for management, including reviews for areas of emphasis and follow-up.
Analyze basic financial data to support departmental budgets and forecasts.
Explain expense variances and heighten spending awareness within the organization.
Load actual and forecast data into the financial system.
Financial Processes:
Support other daily financial processes required for purchase requisitions, invoice reconciliation, supplier payments, requests for checks, and questions concerning monthly budget data.
Participate in special projects as assigned and perform ad hoc reporting requests as needed.

Job

Finance

Organization

Cummins Inc.

Role Category

Hybrid

Job Type

Office

ReqID

2416508

Relocation Package

Yes

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Finance Associate - Level II

Experience & Salary

Skills Required

Work Mode

Job Type

Job Description

Description

Key Responsibilities:

Responsibilities

Competencies:

Education, Licenses, Certifications

Experience

Qualifications

Additional Responsibilities:-

Job

Organization

Role Category

Job Type

ReqID

Relocation Package

More Jobs at Cummins India