Finance Associate - Level II
Cummins India Limited · Pune · onsite · Posted 64d ago
Not disclosedFresherfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Job Summary
Prepares basic financial analyses and reports for management. Supports the annual budget and forecasting processes. Performs activities under moderate supervision.
Key Responsibilities
Prepares basic reporting for management, including reviews for areas of emphasis and follow-up.
Analyzes basic financial data to support departmental budgets and forecasts.
Explains expense variances and heightens spending awareness within the organization.
Loads actual and forecast data into the financial system.
Supports other daily financial processes required for purchase requisitions, invoice reconciliation, supplier payments, requests for checks and questions concerning monthly budget data.
Participates in special projects as assigned.
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.
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
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.
The Finance Associate provides financial and operational support to manufacturing plant operations by ensuring accurate financial reporting, cost control, compliance, budgeting, forecasting, and analysis. The role partners closely with Operations, Supply Chain, Procurement, Engineering, and Plant Leadership to drive financial performance, support decision-making, and maintain strong internal controls.
Job Finance
Organization Cummins Inc.
Role Category On-site with Flexibility
Job Type Office
ReqID 2434951
Relocation Package No
100% On-Site No
Prepares basic financial analyses and reports for management. Supports the annual budget and forecasting processes. Performs activities under moderate supervision.
Key Responsibilities
Prepares basic reporting for management, including reviews for areas of emphasis and follow-up.
Analyzes basic financial data to support departmental budgets and forecasts.
Explains expense variances and heightens spending awareness within the organization.
Loads actual and forecast data into the financial system.
Supports other daily financial processes required for purchase requisitions, invoice reconciliation, supplier payments, requests for checks and questions concerning monthly budget data.
Participates in special projects as assigned.
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.
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
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.
The Finance Associate provides financial and operational support to manufacturing plant operations by ensuring accurate financial reporting, cost control, compliance, budgeting, forecasting, and analysis. The role partners closely with Operations, Supply Chain, Procurement, Engineering, and Plant Leadership to drive financial performance, support decision-making, and maintain strong internal controls.
Job Finance
Organization Cummins Inc.
Role Category On-site with Flexibility
Job Type Office
ReqID 2434951
Relocation Package No
100% On-Site No
Sourced from foundit
Skills
Cost ControlFinancial Reportingfinancial analysisBudgetingcomplianceForecasting
About Cummins
Cummins India Limited
Industrial Machinery
3.1k+
employees
1919
107 years old
Pune, Maharashtra
India
₹7.7L PA avg
Avg at Cummins
About
Cummins Inc., a global power solutions leader, comprises five business segments – Components, Engine, Distribution, Power Systems and Accelera by Cummins – supported by our global manufacturing and extensive service and support network, skilled workforce and vast technological expertise.Cummins is committed to its Destination Zero strategy, which is grounded in the company’s commitment to sustainability and helping its customers successfully navigate the energy transition with its broad portfolio of products. The products range from advanced diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, batteries, electrified power systems, hydrogen production technologies and fuel cell products.Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 75,500 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity.Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $735 million on sales of $34.1 billion in 2023.
Industries
Industrial MachineryAutomobileManufacturingPower
Employee ratings
10 reviews
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Culture
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Career growth
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Work-life
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