Cummins Inc.

Accounting Policy – Business Segment Manager

Cummins Inc.

full-time

Posted on:

Location Type: Hybrid

Location: Indianapolis • 🇺🇸 United States

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Salary

💰 $101,192 - $150,000 per year

Job Level

Mid-LevelSenior

About the role

  • Work with Finance and serve as a point of contact within the policy team to identify, describe, resolve, consult and document complex accounting issues and transactions.
  • Prepare and lead technical accounting trainings specific to the business unit.
  • Analyze financial data by evaluating results and solutions to support business decisions.
  • Utilize knowledge with Financial Reporting to prepare and present financial information by summarizing data to communicate results in compliance with regulations and stakeholder expectations.
  • Partner with stakeholders to drive financial performance that aligns to organizational goals and strategies.
  • Responsible for performing and overseeing highly specialized accounting work required to maintain the department’s general ledger.
  • Review and provide guidance on the accounting for revenue transactions over the defined threshold in the accounting policy.
  • Initiate and document memos related to any policy exemptions and coordinate approval with the Corporate Policy team.
  • Participate on project teams for ensuring timely implementation of new US Generally Accepted Accounting Principles (US GAAP) requirements.
  • Work on projects in conjunction with finance system improvements and assist the Global Internal Controls team on control initiatives for the business unit.
  • Interpret highly complex financial data by analyzing trends, variances, opportunities and risks and ensure integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
  • Leverage internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.
  • Evaluate and research transactions to ensure recorded in compliance with accounting regulations and company policies.
  • Summarize technical accounting assessments by documenting accounting requirements, considerations and conclusions in accounting memos to communicate assessment results to internal and external stakeholders.
  • Respond to inquiries received from management, internal and external auditors, Sarbanes-Oxley audit group and others regarding financial results and special reporting requests.
  • Make and implement recommendations to improve accounting processes and procedures.
  • Implement new accounting standards and protect the organization’s values by keeping information confidential.

Requirements

  • Positions require a Master’s degree in Finance, Accounting, Business Analytics or related field and 3 years of experience as a Financial Analyst, Accountant, Auditor or related position.
  • Alternatively, the employer will accept a Bachelor’s degree in Finance, Accounting, Business Analytics or related field and 5 years of experience as a Financial Analyst, Accountant, Auditor or related position.
  • Experience to include: Financial Reporting; Maintain the general ledger; US Generally Accepted Accounting Principles (US GAAP); Financial and variance analysis; Financial Internal Controls; Technical Accounting Assessment; Technical Accounting Documentation; Sarbanes-Oxley; Improve accounting processes.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
Financial ReportingGeneral Ledger MaintenanceUS Generally Accepted Accounting Principles (US GAAP)Financial AnalysisVariance AnalysisInternal ControlsTechnical Accounting AssessmentTechnical Accounting DocumentationSarbanes-Oxley ComplianceAccounting Process Improvement
Soft skills
CommunicationConsultationProblem SolvingStakeholder EngagementTrainingAnalytical ThinkingDocumentationCollaborationLeadershipDecision Making