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Accountant – CTB
Description
Responsible for general accounting work required to maintain the department’s general ledger. Performs financial analysis of the department’s chart of accounts and financial statements by identifying and analyzing variances.
Analyzes, records and reports accounting transactions in a timely manner.
Prepares general ledger entries and account reconciliations.
Responds to inquiries received from management, internal and external auditors, Sarbanes-Oxley audit group and others regarding financial results, special reporting requests, etc.
Protects organization’s value by keeping information confidential.
Skills
US Generally Accepted Accounting Principles – Evaluates US accounting standards to record transactions in compliance with requirements and company policies; assesses the accounting requirements and objectives to determine the implications on the business and communicate to stakeholders with varying financial knowledge.
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.
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 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.
Ensures accountability – Holding self and others accountable to meet commitments.
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.
Nimble learning – Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
Self-development – Actively seeking new ways to grow and be challenged using both formal and informal development channels.
Education, Licenses, Certifications
College, university, or equivalent degree in Accounting, Finance or related field required.
Experience
Minimal relevant professional work experience in the field of study required.
Perform & supervise end to end CTB activities to ensure Compliance with Corporate policy, IND AS, IFC and other Statutory requirement.
Responsible for end to end CTB activities for BC’s assigned. C ompliance with Revenue Recognition for CMI and IGAAP. Ensure timely COA submission by maintaining quality & RFT.
Responsible for BS open items analysis, action on aged items, coordination with other teams for necessary action on open items, preparation of review pack for Controller and CFO review, tracking of open items etc.
Responsible for IGAAP related deliverables which includes IND AS compliance, P&L and BS preparation, Analysis of variance, review with Controller, coordination with auditor and all other teams (BU CBS) for smooth closure of audit.
Job FINANCE
Primary Location India-Maharashtra-Pune-India, Pune, IOC Tower A
Job Type Experienced – Exempt / Office
Recruitment Job Type Exempt – Experienced
Job Posting Oct 19, 2023, 2:30:00 PM
Unposting Date Ongoing
Organization Cummins Business Services
Role Category Hybrid – Potential for Partial Remote
Relocation Package Eligible
Req ID: 230009TC
This position may require licensing for compliance with export controls or sanctions regulations.
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