Cummins India

Accounting Associate - Level II

Posted: just now

Job Description

DescriptionJob SummaryThe Accounting Associate – Level II supports core accounting functions including account reconciliation, journal entry preparation, data validation, and month-end close activities. The role performs accounting tasks with moderate supervision, provides operational support to stakeholders, and assists with audit and costing requirements.Key ResponsibilitiesCommon Responsibilities (Internal + External)Compile, consolidate, and conduct basic analysis of accounting and financial data.Prepare routine journal entries and ensure accuracy and timeliness of postings.Perform monthly and annual account reconciliations, ensuring proper documentation and follow-up.Assist in preparing tables, charts, and analytical exhibits for internal reports and reviews.Support month-end and year-end close processes under moderate supervision.Participate in less complex accounting projects and contribute as a team member on moderately complex assignments.Execute ad hoc reporting requests as needed.Additional Internal ResponsibilitiesPerform pricing and costing of products under moderate supervision.Provide operational accounting support to internal stakeholders.Prepare data and documentation to support internal and external audit requirements.ResponsibilitiesCompetenciesCore Competencies Action Oriented: Approaches new tasks and challenges with energy, urgency, and enthusiasm. Communicates Effectively: Delivers clear, tailored communication that meets the needs of diverse audiences. Customer Focus: Builds strong relationships and provides value-added, customer-centric solutions. Decision Quality: Makes informed and timely decisions to support operational success. Nimble Learning: Learns quickly through experimentation and applies lessons to new tasks. Values Differences: Recognizes and appreciates the contribution of diverse perspectives and cultures.Financial Competencies Financial Analysis: Analyzes trends, variances, opportunities, and risks to provide insight and support decision-making. Ensures data integrity and identifies corrective actions for discrepancies. Financial Internal Controls: Applies internal control frameworks to assess and mitigate financial reporting risks and support compliance. Financial Regulations Acumen: Interprets applicable regulations (tax, banking, pension, local accounting standards) to ensure compliance and educate stakeholders on implications.QualificationsExternal RequirementsHigh school diploma or secondary education certificate, or equivalent experience meeting regulatory standards.Internal / Preferred RequirementsBachelor’s degree in Commerce, Accounting, Finance, or related discipline (preferred but not mandatory).QualificationsSkillsKnowledge of accounting principles and financial reconciliation processes.Ability to prepare and analyze basic financial statements and journal entries.Proficiency in MS Excel and financial data analysis tools.Understanding of costing and pricing fundamentals (internal requirement).Strong documentation and audit-preparation skills.Ability to work under moderate supervision and meet deadlines.Basic understanding of ERP systems such as Oracle, SAP, or similar platforms.Strong attention to detail and problem-solving abilities.ExperienceExternal RequirementSome work experience or intermediate-level accounting knowledge gained through education, training, or on-the-job exposure.Internal RequirementPrior experience supporting operational accounting, costing, pricing, or audit requirements.Job FinanceOrganization Cummins Inc.Role Category HybridJob Type OfficeReqID 2422120Relocation Package No

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