Accountant

Cummins Inc; Daventry; On-site; GBP 55,000 - 75,000; Full time

Job summary

Cummins Inc. in Daventry, United Kingdom, is seeking an Accountant to join the Finance team for the Power Systems Business Unit. You will own lease accounting, prepare PSA returns, analyze PII variances, and manage payroll activities while delivering monthly and quarterly corporate reports.

You will also oversee close-the-books for the Kent site and prepare year-end tax documentation, ensuring accuracy and compliance across regulatory requirements.

Qualifications

• College or university degree in Accounting or Finance is required.
• Some professional work experience in accounting is required.
• Ability to interpret financial results and communicate implications clearly.

Responsibilities

• Lease accounting ownership and quarterly audits support.
• Prepare PSA return with attention to compliance and accuracy.
• Analyze monthly PII variances and report findings.
• Handle payroll journals, reconciliations, and reporting.
• Complete monthly/quarterly corporate reports in Financial Close Manager.
• Manage close-the-books for the Kent site including file prep and submission.
• Prepare Balance Sheet reviews for month-end close meetings.
• Prepare annual Tax Pack for Daventry and Kent.

Skills

Lease accounting

Financial analysis

Internal controls

Regulatory knowledge

Effective communication

Education

Bachelor’s degree in Accounting or Finance

Tools

Financial Close Manager

Job description

We are looking for a talented Accountant to join our team specializing in Finance for our Power Systems Business Unit in Daventry, United Kingdom.

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

• Lease Accounting Mastery: By owning in-depth lease accounting, you'll ensure accurate day-to-day maintenance and successful quarterly audits.
• PSA Return Preparation: Your detailed preparation of the PAYE settlement agreement (PSA) return will ensure compliance and accuracy.
• PII Variance Analysis: Analyzing and reporting monthly Profit in Inventory (PII) variances will provide valuable insights into financial decision-making.
• Payroll Execution: Handling payroll activities, including journals, reconciliations, and reporting, will ensure smooth and accurate payroll processes.
• Corporate Reporting: Completing monthly and quarterly corporate reports in Financial Close Manager will keep stakeholders informed and support strategic planning.
• Kent Site Financial Management: Managing the entire close-the-books process for the Kent site, including review file preparation and submission, will ensure financial accuracy and completeness.
• Balance Sheet Reviews: Preparing and presenting Balance Sheet reviews during month-end close meetings will highlight key financial metrics and support informed decision-making.
• Annual Tax Pack Preparation: Preparing the annual Tax Pack for Daventry and Kent will ensure timely and accurate tax reporting.

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

• Understand Financial Regulations: Stay updated on relevant regulations (tax, banking, pension, local accounting) to ensure compliance. Educate stakeholders on key requirements and implications for the business.
• Communicate Effectively: Clearly communicate financial results and conclusions to all stakeholders, ensuring they understand the financial impact and necessary actions.
• Proficient in Financial Analysis: Analyze financial data to identify trends, variances, opportunities, and risks. Provide insights to stakeholders to drive business improvements and ensure data integrity by investigating and resolving variances.
• Enhance Financial Internal Controls: Assess and develop internal control frameworks to mitigate financial reporting risks. Create remediation plans to adapt to changing business needs.
• Education/Experience:
• College, university, or equivalent degree in Accounting, Finance or related field required.
• Some relevant professional work experience in the field of study is required.

Job Finance

Organization Cummins Inc.

Role Category On-site with Flexibility

Job Type Exempt - Experienced

ReqID 2435841

Relocation Package No

100% On-Site No