Placement Student - Procurement Finance
DESCRIPTION
Our culture believes in POWERING YOUR POTENTIAL . We provide global opportunities to develop your career, make your community a better place and work with today's most innovative thinkers to solve the world's toughest problems.
We believe in flexibility for you to explore your passions while making an impact through meaningful work within our inclusive workforce. That's what #LifeAtCummins is all about.
We are looking for an enthusiastic Procurement Finance Placement Student to join our team specializing in Finance for our Corporate/CBS Business segment in Sandwich, Kent, UK. During your placement with us, you will learn how a major global organization operates, gaining the tools and exposure you will need to become an expert in the industry and power your potential!
This role is available to candidates who qualify for a placement year and will commence Summer of 2026 .
RESPONSIBILITIES
In this role, you will make an impact in the following ways:
- Good business partnering & communication skills with the global procurement teams as well as plant finance and procurement finance.
- Working with global plant finance teams to produce a monthly consolidated material variance report by plant and supplier. Further reconciliations and presenting of results follow on from this.
- Specific finance month end activity - Preparing journal entries & reconciliations of Balance Sheet accounts and direct material spend analysis.
- Involvement in Site Employee Development groups - opportunity to get involved in leading projects, presenting within these groups and engagement with other group members.
- Data analysis to support cost reduction initiatives producing a monthly global consolidated report by individual cost reduction project.
- Lead, as well as participate in, some project work within the team.
QUALIFICATIONS
To be successful in this role you will need the following:
- Working towards a degree in Accounting & Finance or degree in a relevant field (business, maths, economics) with accounting
- Intermediate level of excel and ability to work with large amounts of data
- Strong analytical & Organisational skills, attention to detail and focused.
- Good communication skills with ability to work on own initiative or as part of a team.
Working at Cummins
At Cummins, we are committed to fostering a diverse and inclusive workplace. We provide equal employment opportunities to all qualified individuals, regardless of race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity, and/or expression, or any other status protected by law. As a disability confident employer, we strive to make our recruitment process as accessible as possible. If you require any reasonable adjustments to accommodate a health condition or disability, please let us know. Your journey with us matters!'
CLOSING DATE: (Wednesday, 12 th November 2025 11:59pm)
Job Finance
Organization Cummins Inc.
Role Category Hybrid
Job Type
ReqID 2418174
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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
Diversity and Inclusion