Finance Manager

DescriptionJob Summary:Responsible for implementing accounting practices and procedures. Supervises a group of general accountants or accounting clerks in maintaining the general ledger.Key ResponsibilitiesSupervises a group of general accountants or accounting clerks in maintaining the general ledger. Implements accounting policies under direction of the Accounting Manager.Implements processes and procedures that properly capture, track, and report revenue and expenditures.Compiles, reviews, analyzes, and records complex financial information. Reviews account reconciliations prepared by accountants and accounting clerks.Reviews and interprets balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports. Identifies control weaknesses and communicates to management.Operates in a lead capacity in making remedial changes to tighten and enhance controls and mitigate risk. Conducts research and analysis on advanced issues. Designs, modifies, installs, and/or maintains accounting systems to ensure adequate recognition of financial transactions.Coaches and mentors accountants and accounting clerks; assigns work according to availability, skills, and developmental needs; assesses performance and provides feedback to direct reports.ResponsibilitiesCompetencies:Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.Develops talent - Developing people to meet both their career goals and the organization’s goals.Directs work - Providing direction, delegating, and removing obstacles to get work done.Ensures accountability - Holding self and others accountable to meet commitments.Manages ambiguity - Operating effectively, even when things are not certain or the way forward is not clear.Manages complexity - Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.Values differences - Recognizing the value that different perspectives and cultures bring to an organization.Business Process and Internal Control Risk Analysis - Evaluates business processes to identify risks and internal control gaps; applies understanding of business processes and relevant risks to develop and implement process improvements; develops risk management plans by applying internal control framework to address identified risks.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 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, 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.Technical Accounting Assessment - Evaluates and researches transactions in accordance with accounting regulations to ensure recorded in compliance with accounting regulations and company policies.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, CertificationsCollege, university, or equivalent degree in Accounting, Finance or related field required. Progress toward Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification preferred.ExperienceIntermediate level of relevant professional work experience in the field of study required, including some supervisory experience.QualificationsThis role shall need more solid communication within the Cummins Mongolia organization and cross the boarder to enhance each function's collaboration.Problem solving focus on compliance and internal control area.PFR related tasks include AOP target setting, Forecasting, budget control, monthly finance performance reporting.Need the strong communication skill to have cross function connection and request the business operation team to adopt the correct procedure.Willing to take the more ownership to lead the controlling environment in Cummins Mongolia. responsible to clear the historical existing long aged balance sheet itemsThe person shall need to solve the existing process alignment issues, streamline with business operation team to adopt the correct procedure. Long aged items from balance sheet need the correct reconciliation and make the correct clearance.Business support to the local General Manager, focus on accounting accuracy, reporting accuracy, on-time accounting issue delivery, product costing…Day to Day manage the budget and track the financial performance realization.To be a business partner role to the Cummins Mongolia business teamJob FinanceOrganization Cummins Inc.Role Category HybridJob Type Exempt - ExperiencedReqID 2419615Relocation Package No