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Accounting Associate - Level II

AT Cummins
Cummins

Accounting Associate - Level II

Pune, India

DESCRIPTION

Key Responsibilities:

  • Compile, consolidate, and perform basic analysis of accounting and financial data to support internal reporting and decision-making.
  • Prepare and post journal entries, including those related to revenue, volume true-ups, and operational costs.
  • Conduct monthly and annual account reconciliations to ensure accurate financial statements.
  • Support volume submission and BU billing processes for BC 830, including CBS component volume analysis.
  • Assist with the preparation of financial exhibits including tables, charts, and presentations.
  • Support month-end and quarterly Indian GAAP (IGAAP) closures for BC 830.
  • Handle Direct Tax compliance including TDS health checks, return data preparation, and 26AS reconciliations.
  • Provide financial data support for internal and external audits.
  • Manage routine finance operations such as:
  • Raising Purchase Orders (PO)
  • Goods Receipt Reports (GRR)
  • Tax application processing
  • Invoice validation and verification
  • Non-Product Debit Note (NPDN) checking
  • Customer master data maintenance
  • Buyer query support
  • Execute ad hoc reporting tasks and support participation in more complex finance projects.

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RESPONSIBILITIES

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.

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 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. \

Commerce Graduates/Post Graduates/MBA Finance or candidates who have cleared CA entrance exam are preferred.

Experience:

Requires some work experience or intermediate level knowledge obtained through education, training or on-the-job experience.

QUALIFICATIONS

Skills Required:-

  • 2+ years of relevant experience in finance and accounting roles.
  • 5 days working from office. (Flexibility for remote work in certain cases)
  • Proficient in Microsoft Excel and other financial tools; ERP system experience preferred.
  • Demonstrated experience in handling journal entries, financial reconciliations, tax compliance, and audit support.
  • Strong attention to detail, ability to work independently, and manage multiple priorities.
  • Willingness to work onsite full-time, with flexibility for remote work in exceptional circumstances.

Job Finance

Organization Cummins Inc.

Role Category Hybrid

Job Type Office

ReqID 2414623

Relocation Package Yes

Client-provided location(s): Pune, Maharashtra, India
Job ID: Cummins-R-856250A7A00848A9BF3E930ADAE98A8F
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • FSA With Employer Contribution
    • Health Reimbursement Account
    • On-Site Gym
    • HSA With Employer Contribution
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
  • Office Life and Perks

    • Company Outings
    • Casual Dress
  • Vacation and Time Off

    • Leave of Absence
    • Personal/Sick Days
    • Paid Holidays
  • Financial and Retirement

    • Relocation Assistance
    • Performance Bonus
    • Stock Purchase Program
    • Pension
    • 401(K) With Company Matching
  • Professional Development

    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Tuition Reimbursement