Financial Analyst

0 years

0 Lacs

Posted:2 weeks ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Description

Job Summary:

The Finance Analyst is responsible for preparing financial analyses and reports to support department managers and business leaders. This role plays a key part in monthly and annual financial closures, variance analysis, audit coordination, and compliance with accounting standards and tax regulations. The analyst also supports process improvements and collaborates with cross-functional teams to ensure accurate and timely financial reporting.

Key Responsibilities

  • Financial Reporting & Analysis:
  • Prepare monthly closing reports including Chart of Accounts (COA) submissions and Profit & Loss statements.
  • Generate monthly MIS reports and conduct variance analysis.
  • Perform balance sheet reconciliations and ensure accuracy of financial data.
  • Support quarterly board meeting submissions, schedules, and reporting packs.
  • Accounting & Compliance:
  • Oversee annual closure of books and coordinate with auditors for statutory, internal, and tax audits.
  • Monitor and review daily accounting transactions to ensure completeness and correctness.
  • Support indirect tax compliance, primarily GST-related activities.
  • Business Partnering & Support:
  • Collaborate with business units to understand new requirements and drive improvements.
  • Assist in development and implementation of process enhancements.
  • Provide financial insights to support decision-making and operational efficiency.
  • Special Projects:
  • Execute ad hoc financial projects and analysis as assigned.
  • Contribute to continuous improvement initiatives across finance and operations.

Responsibilities

Qualifications:

  • Education: Bachelor’s degree in Finance, Accounting, or a related field.
  • Licensing: May require licensing for compliance with export controls or sanctions regulations.

Core Competencies

  • Action Oriented: Tackles challenges with urgency and enthusiasm.
  • Collaborates: Builds effective partnerships across teams.
  • Communicates Effectively: Tailors communication to different audiences.
  • Demonstrates Self-Awareness: Reflects on feedback to improve performance.
  • Nimble Learning: Learns quickly from successes and failures.
  • Optimizes Work Processes: Focuses on efficiency and continuous improvement.
  • Self-Development: Seeks growth through formal and informal channels.
  • Values Differences: Embraces diverse perspectives and cultures.
  • Business Partnering: Aligns financial insights with business strategy to drive performance.
  • Financial Analysis: Interprets trends, variances, and risks to support business decisions.
  • Financial Reporting: Prepares and presents financial data in compliance with regulations.
  • US GAAP: Applies accounting standards to ensure accurate financial records.

Qualifications

Skills and Experience:

  • Experience: Entry-level to intermediate experience in financial reporting, accounting, or audit functions.

Job

Finance

Organization

Cummins Inc.

Role Category

Hybrid

Job Type

Exempt - Experienced

ReqID

2419481

Relocation Package

No

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