The Finance Associate – Level III to Level II performs both basic and advanced financial analyses and reporting to support management decision-making. This role contributes to budgeting, forecasting, and financial operations while ensuring data accuracy, compliance, and effective financial governance. The position operates with minimal supervision and plays a key role in driving financial insights, process improvements, and business performance.
Key Responsibilities
- Prepare and present periodic financial reports for management, highlighting key insights, areas of concern, and follow-up actions.
- Support Annual Operating Plan (AOP) development, including budgeting, forecasting, and variance analysis.
- Analyze financial data to assist departmental budgets and forecasts, and explain expense variances to improve cost control and spending awareness.
- Perform detailed product and manufacturing cost analysis , identifying cost drivers and opportunities for efficiency improvement.
- Manage day-to-day financial operations, including purchase requisitions, invoice reconciliation, supplier payments, and check requests.
- Handle direct tax workings , ensuring accurate computation and compliance with applicable regulations.
- Respond to queries related to monthly financial performance and budget data.
- Generate ad hoc reports and contribute to special projects as required.
Experience
- Minimum 3 years of relevant experience in finance, accounting, or related roles.
- Experience in financial analysis, reporting, budgeting, and forecasting.
Skills & Competencies
Core Competencies:
- Action Oriented – Demonstrates urgency, energy, and initiative in tackling challenges.
- Communicates Effectively – Delivers clear, concise communication tailored to different audiences.
- Customer Focus – Builds strong relationships and delivers value-driven solutions.
- Decision Quality – Makes sound, timely decisions based on data and insights.
- Instills Trust – Demonstrates integrity, transparency, and accountability.
- Nimble Learning – Continuously learns and adapts through experience.
- Values Differences – Embraces diverse perspectives and fosters inclusion.
Functional Skills
- Financial Analysis: Strong ability to interpret financial data, identify variances, and recommend corrective actions.
- Financial Reporting: Expertise in preparing and presenting financial reports aligned with compliance standards.
- Inventory Accounting: Knowledge of inventory valuation, reconciliation, and reporting practices.
- Regulatory & Compliance: Understanding of statutory requirements, audits, and governance frameworks.
- Systems & Tools: Experience with financial systems and data management tools (e.g., ERP systems, Excel).
Qualifications
Education:
- Preferred: B.COM & M COM/ MBA Finance/ CA Inter/ CMA Inter
Job Finance
Organization Cummins Inc.
Role Category On-site with Flexibility
Job Type Office
ReqID 2429260
Relocation Package No
100% On-Site No
