Accounting Associate - Level II

Cummins Inc.

Pune District

On-site

INR 600,000 - 1,000,000

Full time

14 days+

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Job summary

Cummins Inc. is seeking an accounting professional to support account reconciliation and analysis, journal entry preparation, and data entry. You will contribute to the month-end close under moderate supervision and assist with financial reporting for USA and Europe regions.

The role requires some experience in finance and a proactive approach to accuracy and compliance. The ideal candidate will handle basic accounting tasks, support with tables and charts for reports, and collaborate with the

Qualifications

Proficiency in basic accounting and financial controls.
Ability to analyze financial data and prepare reconciliations.
Experience with financial reporting tools and systems.

Responsibilities

Prepare balance sheet reconciliations for AR, AP, Cash and other key accounts.
Assist with month-end close and ad hoc reporting requests.
Perform basic journal entries and support accurate data entry.
Contribute to preparation of reports and exhibits for management.
Support with project work and process improvements.

Skills

Financial data management

Accounting principles

Financial systems reporting tools

Excel & financial modelling

Education

High school diploma or equivalent

Job description

Job Summary:

Supports account reconciliation and analysis, journal entry preparation and data entry. Supports the month-end close process. Performs activities under moderate supervision.

Key Responsibilities:

Compiles, consolidates and conducts basic analysis of accounting and finance information.Prepares basic journal entries.Performs monthly and annual account reconciliations.Assists with preparation of tables, charts and other exhibits for reports.May perform less complex accounting projects or participate as a team member on more complex projects.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.

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 Internal Controls - Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.

Financial Regulations Acumen - Evaluates applicable regulations for the financial area of focus, such as tax, banking, pension, local accounting to ensure underlying transactions are recorded in compliance with applicable regulations; explains key requirements and purpose of regulations and implications to the business to inform and educate relevant stakeholders.

Education, Licenses, Certifications:

High school diploma or certificate of completion of secondary education or equivalent experience to the extent such experience meets applicable regulations.

Experience:

Requires some work experience or intermediate level knowledge obtained through education, training or on-the-job experience.

Key Responsibilities

To ensure the timely and accurate preparation of Balance Sheet reconciliations (including AR, AP, Cash, and other key accounts) for the USA and Europe regions, for CMI and India Statutory reporting.
To work on timely resolution of open items & Timely escalation of open items to stakeholder
To analyze the BS Reconciliation and GL data on monthly basis and record the correction / regrouping JE in to GL on monthly basis
To ensure zero gaps in SOX, Internal Audits and Statutory Audit.
Achieve targets to meet customer expectations and strive to deliver high-quality experiences every time.

6.Expand BU centralization, to reduce accounting process duplication, and deliver cost efficiencies (GCA/BU)

7.Support critical business initiatives, leveraging system standardization opportunities to align and integrate work in the GCA

Technical Skills