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.

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).

Qualifications:

Education:

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

Job Finance

Organization Cummins Inc.

Role Category On-site with Flexibility

Job Type Office

ReqID 2429260

Relocation Package No

100% On-Site No