Job Description

Finance Analyst

Description

Finance Analyst

Our culture believes in POWERING YOUR POTENTIAL . We provide global opportunities to develop your career, make your community a better place and work with today\xe2\x80\x99s most innovative thinkers to solve the world\xe2\x80\x99s toughest problems.

We believe in flexibility for you to explore your passions while making an impact through meaningful work within our inclusive workforce. That\xe2\x80\x99s what #LifeAtCummins is all about.

We are looking for a talented Finance Analyst to join our team in Puchong, Malaysia. This will be following Hybrid work model.

In this role, you will make an impact in the following ways:

• Responsible for the preparation of analyses and reports for department managers. Supports the annual budget process, expense and/or staffing forecasts or statistical reporting.
• 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, with focus on:
• Revenue Recognition for Powergen and Engine business
• Reconciliation of GL vs SL
• Completeness of cost accounting entries, including Core
• Accounting for Fixed Assets (interim)
• Accuracy of allocating entries
• Prepares and consolidates financial data.
• Preparation of all assigned Balance Sheet Reconciliations
• Including conducting BS Recon escalations with Regional Leaders
• Preparation of month-end reports
• Sales Templates for Powergen and Engine \xe2\x80\x93 with actuals
• Prime margin analysis for Powergen and Engine \xe2\x80\x93 with actuals
• BS Hedging report due to Corporate
• IT Expense Report
• Capex Report
• Weekly Sales report
• Preparation of SDM Reports relation to Whole Goods (Sales >$5M)
• Computing of Sales Commissions for PGEN and ENG
• Business Partnering with PGEN and ENG (Local stakeholders)
• Support in annual and interim statutory audits (ie. Preparation of schedulers)
• Support Movex maintenance
• IDN and BFC cost roll up and audit.
• FX rate changes
• Prepares statistical reporting, including financial performance, variance explanations, and cost analysis.
• Executes special projects as assigned.

Qualifications

To be successful in this role you will need the following:

• 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.
• 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.
• 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.
• 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.
• Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
• Demonstrates self-awareness - Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
• Self-development - Actively seeking new ways to grow and be challenged using both formal and informal development channels.
• Optimizes work processes - Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.

Preferred requirements:

• College, university, or equivalent degree in Finance, Accounting or related field required.
• Minimal relevant professional work experience in the field of study required.
• Finance related field of studies with 6 to 7 years of working experience.

Compensation and Benefits

• Salary rate commensurate with experience. Variable Compensation (bonus). Annual Salary Review. Life Insurance. Medical, Dental / Hospitalization Insurance.

At Cummins, we are an equal opportunity employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, colour, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law.

Job FINANCE

Primary Location Malaysia-Selangor-Petaling Jaya-Malaysia, Puchong, Taman Industri Pusat Bandar

Job Type Experienced - Exempt / Office

Recruitment Job Type Exempt - Experienced

Job Posting Aug 20, 2023, 11:00:00 AM

Unposting Date Ongoing

Organization Distribution Business

Role Category Hybrid - Potential for Partial Remote

Req ID: 230007UR

Cummins