Finance Associate - Level II

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.

Cummins is an equal opportunity employer. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, sex, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity, or other status protected by law.

Qualifications:

Education:

• Preferred: B.COM & M COM/ MBA Finance/ CA Inter/ CMA Inter

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).