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Cummins Inc. Accounts Payable Analyst in Memphis, Tennessee

Accounts Payable Analyst

Description

Accounts Payable 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’s most innovative thinkers to solve the world’s toughest problems.

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

We are looking for a talented Accounts Payable Analyst to join our team specializing in accounting/financial analysis for our corporate segment in Memphis, TN

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

  • Ensures completion of account reconciliation and analysis, journal entry preparation and data entry. Completes the month-end close process. Performs activities under minimal supervision.

  • Compiles, consolidates, and conducts analysis of accounting and finance information.

  • Prepares standard journal entries that require analysis.

  • Performs more complex monthly and annual account reconciliations.

  • Prepares tables, charts and other exhibits for reports.

  • May perform complex accounting projects or participate as a team member on complex projects.

  • Performs ad hoc reporting requests as needed.

Qualifications

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

Skills

Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.

Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Customer focus - Building strong customer relationships and delivering customer-centric solutions.

Decision quality - Making good and timely decisions that keep the organization moving forward.

Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.

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 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.

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.

Education, Licenses, Certifications

High school diploma or certificate of completion of secondary education or equivalent experience to the extent such experience meets applicable regulations.

Experience

Requires significant relevant work experience or specialized skills obtained through education, training or on-the-job experience.

Work Description & Key Responsibilities

  • Provides analytical support as a member of the accounts payable team

  • Supports Cummins shared services center with investigation and resolution of invoices needing error resolution

  • Research and resolve unvouchered receipts to ensure proper and timely payments

  • Manage GRNI and assist in proper in transit reporting

  • Resolves moderately complex accounts payable issues and problems.

  • Builds and maintains relationships with other Finance disciplines and work teams.


  • Candidates must have a distinct interest in general accounting and financial analysis work.

  • Must have experience in Inter-Company A/P, A/R and related functions.

  • Attention to Details – The ability to follow detailed procedures and ensure accuracy in data, monitor processes, concentrate on routine work details and organize and maintain records.

  • Problem Solving Skills – Ability to understand issues while using reason and judgment to solve problems. Review facts and weigh options.

  • Commitment to Task – Ability to take responsibility for actions and outcomes. Show a sense of urgency about getting results.

  • Team Work – Help promote a friendly and enthusiastic group-working environment. Work closely with other departments, groups and solicit opinions from coworkers.

  • Strong PC Skills – Ability to utilize various desktop PC applications to analyze and present data. Intermediate MS Excel user required.

Compensation and Benefits

Based on experience the hourly pay range for this position is $26.08 - 32.60. Additional benefits vary between locations and include options such as our 401(k) Retirement Savings Plan, Cash Balance Pension Plan, Medical/Dental/Life Insurance, Health Savings Account, Domestic Partners Coverage and a full complement of personal and professional benefits.

Job FINANCE

Primary Location United States-Tennessee-Memphis-US, TN, Memphis, Distribution Center

Job Type Experienced - Exempt / Office

Recruitment Job Type Office

Job Posting Mar 19, 2024, 5:14:14 PM

Unposting Date Jun 17, 2024, 10:59:00 PM

Organization Corporate

Role Category Hybrid - Potential for Partial Remote

Relocation Package Ineligible

Req ID: 240001DM

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