Finance Associate - Level II (Phaltan)

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:** Solid 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 Apply on Kit Job: kitjob.in/job/4mjc36