Accounts Receivables Associate

**DESCRIPTION**

**Key Responsibilities**:

- Work with more complex customers to process payments.
- Prepare statements of accounts for customers.
- Answer basic and complex customer inquiries.
- Prepare analysis of accounts.
- Conduct root cause analysis of late payments and suggest process improvements.
- Prepare month-end reporting.
- Participate in and/or lead projects related to Accounts Receivable improvement.
- Perform other duties as assigned.
- Perform processing of inventory-related journals.
- Ensure production and publishing of inventory-related system reports.
- Create and maintain costing for new parts.
- Perform calculation of standard rates and update the system where required.
- Support and complete inventory-related reconciliations.
- Monitor and follow-up on aged inventory, including inventory with outside service providers.
- Support inventory valuation process.
- Support various internal and external cost and inventory audits.
- Support the annual and quarterly physical inventory and cycle count processes.
- Complete the analysis of material cost variances, help determine root causes, and prepare recommendations for review.
- Participate in projects related to inventory and cost improvements.
- Perform ad hoc duties as required.
- Perform monthly closing activities.
- Prepare working for PLI & PSI schemes.
- Support in audit-related activities.
- Support any ad hoc requests coming up from the plant.
- Manage expenses analysis to drive planned improvements, achieve stretch targets, and validate cost savings projects related to manufacturing expenses.

**RESPONSIBILITIES**

**Competencies**:

- 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.
- Customer focus: Building strong customer relationships and delivering customer-centric solutions.
- Drives results: Consistently achieving results, even under tough circumstances.
- Manages complexity: Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
- Nimble learning: Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
- Values differences: Recognizing the value that different perspectives and cultures bring to an organization.
- 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 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.

**QUALIFICATIONS**

**Qualifications**:

- High school diploma or certificate of completion of secondary education or equivalent experience to the extent such experience meets applicable regulations.
- ICWA Inter/CA Inter.
- This position may require licensing for compliance with export controls or sanctions regulations.

**Skills and Experience**:

- Requires significant relevant work experience or specialized skills obtained through education, training, or on-the-job experience.
- Experience in coordination with internal or external suppliers and stakeholders.
- Proficiency in processing and monitoring supplier orders.
- Ability to work towards meeting supply plans and adjusting procurement signals.
- Strong analytical skills for metrics analysis and reporting.
- Experience with Xelus, GOMS, and aftermarket planning.
- Competency in using materials planning systems and tools such as Excel, Access, TOAD, OMS, etc.
- Knowledge of Plan for Every Part (PFEP) principles.
- Skills in analysis and troubleshooting, inventory management and optimization, and materials KPI management.
- Oracle SCM knowledge required under PO, Inventory, Order Management (2-3 years).
- Knowledge/Skills in Inventory Management.
- Provision - PDD & SLA & AR Reserve.
- Target File & Receivable Review.
- CMI Reports / Receivable MIS / Corporate Submission / Business Review / MIS.
- SD & EMD - Evaluation / Parking / Reversal / Reco.
- Schedule AR SL GL & NR & Audit - Monthly and quarterly.
- Credit evaluation & Master Updating (Credit Limit Log).
- Month-end Activities tracking.
- AR Team Support.
- Corporate Solutions.
- RPA / Automation / MACRO Projects.

**Job** Finance

**Organization** Cummins Inc.

**Role Category** Hybrid

**Job T