DESCRIPTION
GPP Database Link (https://cummins365.sharepoint.com/sites/CS38534/)
Job Summary:
Assists with account reconciliation, analysis, journal entry preparation and data entry. Assists with the month-end close process. Performs activities under direct supervision.
Key Responsibilities:
Assists with compiling, consolidating and conducting basic analysis of accounting and finance information. Assists with preparation of basic journal entries. Provides assistance with monthly and annual account reconciliations, under direct supervision. Assists with preparation of tables, charts, and other exhibits for reports. May perform basic accounting projects or participate as a team member in basic projects. Performs ad hoc reporting requests as needed.
RESPONSIBILITIES
Competencies:
Values differences - Recognizing the value that different perspectives and cultures bring to an organization.
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.
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:
Minimal or no work experience required.
QUALIFICATIONS
Core Job Responsibilities 1. To ensure completion of Fixed Assets activities for ITO, ADA and A3D on timely and RFT Basis.
- Monthly FA capitalization and Maintenance
- Ensuring Timely Asset Tagging and confirmation
- Perform CMI and IGAAP month close activities - Standard and non standard Journals entries, CMI and ABO Reporting
- Review of Asset Retirement DIF, Approval , Follow-up and timely action on asset retirement
- Ensure that Fixed Asset Process is SOX compliant and all controls are being properly followed on regular basis
- Prepare the Balance Sheet Reconciliation Review Pack on monthly basis and shared with CTB Team
- Prepare the Fixed Asset Schedule IV for statutory audit, provide the details of addition/ deletion to auditors/ ABO Tax Team and other requirement on timely basis
- To ensure zero gaps in SOX, Internal Audits and Statutory Audit.
- Perform Physical asset verification on periodical basis
- Work on monthly actual and forecasted cash flow reporting, Involve in capital budgeting and work on Capex Forecast and AOP
- Regular monitoring and review of Fixed Asset Register, Capital Advances, Retentions, Asset Tagging, open PO and RFA on monthly basis and take appropriate action in FA Sub Ledger
- Providing the FA inputs for Advance Tax Calculation of Qtrly basis
Processes (Domain) and Efficiencies Managed Review the new Fixed Assets process documentation and update with current processes.
Training Individual should complete minimum 30 hours of mandatory trainings along with 4 hrs of EEEC by the end of year. Should cross train on all reports and should have execution and process knowledge
Stakeholders Management 1. Business partnering with the Entities during the year 2025
- Drive culture of being a trusted advisor to our stakeholders within GCA new FA team
Enhance Customer Experience with Every Interaction Enhance Customer Experience with Every Interaction
Job Finance
Organization Cummins Inc.
Role Category Hybrid
Job Type Office
ReqID 2418695
Relocation Package No
