Job Description
Key Responsibilities:
• Preparation of Balance Sheet Pack:
• For Controllers / CFO review.
• Coordinate with all stakeholders to ensure timely action on open items.
• Month Close and Quarter Close Activities:
• Lead month-end and quarter-end closing activities.
• Coordinate year-end statutory audits ensuring timely completion.
• Compliance and Standards:
• Ensure compliance with corporate policy, IND AS, IFC, and SOX requirements for CTB-related activities (e.g., revenue recognition, lease accounting, BS hygiene, P&L accounting).
• Process Improvement:
• Enhance existing processes through automation.
• Eliminate non-value-added activities.
• Margin Compliance:
• Ensure margin compliance as per local taxation while closing IGAAP financials quarterly due to the ITO being a Cost-Plus entity.
• Financial Reporting:
• Analyze, record, and report accounting transactions promptly.
• Prepare general ledger entries and account reconciliations.
• Respond to inquiries from management, auditors, and others regarding financial results and special reporting requests.
• Confidentiality:
• Protect the organization's value by keeping information confidential.
Responsibilities
Qualifications:
Education, Licenses, Certifications
• College, university, or equivalent degree in Accounting, Finance, or related field required.
• Chartered Accountant preferred.
Core Competencies
• Values Differences: Recognizes the value that different perspectives and cultures bring to an organization.
• Action Oriented: Takes on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
• Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives.
• Communicates Effectively: Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Ensures Accountability: Holds self and others accountable to meet commitments.
• Nimble Learning: Actively learns through experimentation when tackling new problems, using both successes and failures as learning fodder.
• Self-Development: Actively seeks new ways to grow and be challenged using both formal and informal development channels.
Technical Competencies
• Financial Analysis: Interprets financial data by analyzing trends, variances, opportunities, and risks to provide insights to stakeholders regarding the 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, and 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.
• 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.
Qualifications
Experience:
• Chartered Accountant with 0-3 years of experience or an experienced professional with 5+ years in the accounting field.
• Minimal relevant professional work experience in the field of study required.
Job Finance
Organization Cummins Inc.
Role Category Hybrid
Job Type Exempt - Experienced
ReqID 2400153
Relocation Package No
• Preparation of Balance Sheet Pack:
• For Controllers / CFO review.
• Coordinate with all stakeholders to ensure timely action on open items.
• Month Close and Quarter Close Activities:
• Lead month-end and quarter-end closing activities.
• Coordinate year-end statutory audits ensuring timely completion.
• Compliance and Standards:
• Ensure compliance with corporate policy, IND AS, IFC, and SOX requirements for CTB-related activities (e.g., revenue recognition, lease accounting, BS hygiene, P&L accounting).
• Process Improvement:
• Enhance existing processes through automation.
• Eliminate non-value-added activities.
• Margin Compliance:
• Ensure margin compliance as per local taxation while closing IGAAP financials quarterly due to the ITO being a Cost-Plus entity.
• Financial Reporting:
• Analyze, record, and report accounting transactions promptly.
• Prepare general ledger entries and account reconciliations.
• Respond to inquiries from management, auditors, and others regarding financial results and special reporting requests.
• Confidentiality:
• Protect the organization's value by keeping information confidential.
Responsibilities
Qualifications:
Education, Licenses, Certifications
• College, university, or equivalent degree in Accounting, Finance, or related field required.
• Chartered Accountant preferred.
Core Competencies
• Values Differences: Recognizes the value that different perspectives and cultures bring to an organization.
• Action Oriented: Takes on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
• Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives.
• Communicates Effectively: Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Ensures Accountability: Holds self and others accountable to meet commitments.
• Nimble Learning: Actively learns through experimentation when tackling new problems, using both successes and failures as learning fodder.
• Self-Development: Actively seeks new ways to grow and be challenged using both formal and informal development channels.
Technical Competencies
• Financial Analysis: Interprets financial data by analyzing trends, variances, opportunities, and risks to provide insights to stakeholders regarding the 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, and 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.
• 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.
Qualifications
Experience:
• Chartered Accountant with 0-3 years of experience or an experienced professional with 5+ years in the accounting field.
• Minimal relevant professional work experience in the field of study required.
Job Finance
Organization Cummins Inc.
Role Category Hybrid
Job Type Exempt - Experienced
ReqID 2400153
Relocation Package No
💡 Quick Summary
Seeking a career-building opportunity? The Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.