DESCRIPTIONOur culture believes in POWERING YOUR POTENTIAL . We provide global opportunities to develop your career, make your community a better place and work with today’s most innovative thinkers to solve the world’s toughest problems.We believe in flexibility for you to explore your passions while making an impact through meaningful work within our inclusive workforce. That’s what #LifeAtCummins is all about.We are looking for a talented Senior Financial Analyst – XPI JV to join our team specializing in Finance for the Components Business Segment in Columbus, IN.In this role, you will make an impact in the following ways:
Responsible for the preparation of complex and interpretive financial analyses and reports. Supports the annual budget process, expense and/or staffing forecasts, and statistical reporting.
Prepares complex financial analyses and reports for department management.
Prepares analyses, reports, and special studies for management.
Business partners with organizational unit(s) to develop annual budgets, expense and staffing forecasts, and statistical reporting.
Prepares and consolidates financial data statistical reporting, including financial performance, variance explanations, and cost analysis.
Coaches or leads less-experienced Financial Analysts.
QUALIFICATIONSSkills
US Generally Accepted Accounting Principles - Evaluate US accounting standards to record transactions in compliance with requirements and company policies; assess the accounting requirements and objectives to determine the implications on the business and communicate to stakeholders with varying financial knowledge.
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 with organizational goals and strategies.
Business Partnering - Collaborates with stakeholders and develops partnerships to drive performance that aligns with organizational goals and strategies; influences the organization by demonstrating knowledge of the business to guide to support the decision-making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities.
Financial Planning and Forecasting - Utilizes financial forecast data to provide forward-looking projections to facilitate decision-making; partners with stakeholders to analyze trends and validate assumptions to provide a forecast that aligns with the organization's goals and strategies.
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 the integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
Action-oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
Manages complexity - Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
Demonstrates self-awareness - Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
Self-development - Actively seeking new ways to grow and be challenged using both formal and informal development channels.
Optimizes work processes - Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.
Education, Licenses, Certifications
College, university, or equivalent degree in Finance, Accounting, or related field required. Progress toward Certified Public Accountant, Certified Management Accountant, Chartered Accountant, or similar certification preferred.
Experience
An intermediate level of relevant professional work experience in the field of study is required.
Material cost analysis- This role pulls together from all three plants and summarizes by-products. The analysis supports pricing and standard setting. Works closely with purchasing to understand the changes in material.
Inventory reporting- including cycle count management and API exemption for XPC, working with materials to set targets and understand increases and decreases in inventory.
Journal entries and various report preparation.
Support XPS recording and I/C eliminations
Compensation and Benefits
Base Salary range commensurate with experience, range: $74,800 - $112,200 . Please note that the salary range provided is a good-faith estimate of the applicable range. The final salary offer will be determined after considering relevant factors, including a candidate’s qualifications and experience, where appropriate.Additional benefits vary between locations and include options such as our 401(k) Retirement Savings Plan, Cash Balance Pension Plan, Medical/Dental/Life Insurance, Health Savings Account, Domestic Partners Coverage, and a full complement of personal and professional benefits.
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. Cummins 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.
Job FinanceOrganization Cummins Inc.Role CategoryJob Type Exempt - ExperiencedReqID 2400059NCummins and E-VerifyAt 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.