Financial Analyst

**Career Path**: Finance**Organization**: Cummins Inc.**Role Category**: Hybrid**Job Type**: Exempt - Entry Level**ReqID**: **DESCRIPTION**Responsible for the preparation of analyses and reports for department managers. Supports the annual budget process, expense and/or staffing forecasts or statistical reporting.**KEY RESPONSIBILITIES**:Prepares analyses and reports for department managers. Works with assigned organizational unit(s) to develop annual budgets, expense and staffing forecasts, and statistical reporting. Supports month end close. Prepares and consolidates financial data. Prepares statistical reporting, including financial performance, variance explanations, and cost analysis. Executes special projects as assigned.**RESPONSIBILITIES****COMPETENCIES**:Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.Demonstrates self-awareness - Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.Optimizes work processes - Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.Self-development - Actively seeking new ways to grow and be challenged using both formal and informal development channels.Values differences - Recognizing the value that different perspectives and cultures bring to an organization.Business Partnering - Collaborates with stakeholders and develops partnerships to drive performance that aligns to organizational goals and strategies; influences the organization by demonstrating knowledge of the business to provide guidance to support the decision making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities.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 Reporting - Analyzes financial data by evaluating results and solutions to support business decisions; prepares and presents financial information by summarizing data to communicate results in compliance with regulations and stakeholder expectations; partners with stakeholders to drive financial performance that aligns to organizational goals and strategies.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.**EDUCATION, LICENSES, CERTIFICATIONS**:College, university, or equivalent degree in Finance, Accounting or related field required.**EXPERIENCE**:Minimal relevant professional work experience in the field of study required.**QUALIFICATIONS**The incumbent will be responsible for preparing financial analysis, reporting to departmental managers, supporting the annual budget process, managing expense and staff forecasting, and statistical reporting. He/she will actively participate in month-end closing, bank reconciliations and support internal and external audits. This role is key to guarantee the integrity and confidentiality of financial information and ensure compliance with accounting regulations.**KEY RESPONSIBILITIES**:- Prepare financial analysis and reports to support departmental decision making.- Record and review journal entries of cash transactions.- Provide forecasts and cash balances at monthly closing.- Upload manual payments to bank portals and manage check requests.- Control intercompany loan balances and calculate associated interest.- Follow up on bank reconciliations and outstanding items.- Support internal and external audits.- Support the management of programs such as Car Leasing and purchasing processes and accounting coding.- Develop annual budgets, forecasts and statistical reports.**TO BE SUCCESSFUL IN THIS ROLE YOU WILL NEED THE FOLLOWING**:**TECHNICAL SKILLS AND COMPETENCIES**- Proficiency in accounting systems and financial tools.- Knowledge of banking portals and experience with local and international banks.- Bas