Financial Analyst

1 day ago

Bengaluru, Karnataka, India Cummins Full time ₹ 12,00,000 - ₹ 36,00,000 per year
Description

Job Summary:

The Finance Analyst is responsible for preparing financial analyses and reports to support department managers and business leaders. This role plays a key part in monthly and annual financial closures, variance analysis, audit coordination, and compliance with accounting standards and tax regulations. The analyst also supports process improvements and collaborates with cross-functional teams to ensure accurate and timely financial reporting.

Key Responsibilities:

  • Financial Reporting & Analysis:
    • Prepare monthly closing reports including Chart of Accounts (COA) submissions and Profit & Loss statements.
    • Generate monthly MIS reports and conduct variance analysis.
    • Perform balance sheet reconciliations and ensure accuracy of financial data.
    • Support quarterly board meeting submissions, schedules, and reporting packs.
  • Accounting & Compliance:
    • Oversee annual closure of books and coordinate with auditors for statutory, internal, and tax audits.
    • Monitor and review daily accounting transactions to ensure completeness and correctness.
    • Support indirect tax compliance, primarily GST-related activities.
  • Business Partnering & Support:
    • Collaborate with business units to understand new requirements and drive improvements.
    • Assist in development and implementation of process enhancements.
    • Provide financial insights to support decision-making and operational efficiency.
  • Special Projects:
    • Execute ad hoc financial projects and analysis as assigned.
    • Contribute to continuous improvement initiatives across finance and operations.
Responsibilities
Qualifications:
  • Education: Bachelor's degree in Finance, Accounting, or a related field.
  • Licensing: May require licensing for compliance with export controls or sanctions regulations.
Core Competencies:
  • Action Oriented: Tackles challenges with urgency and enthusiasm.
  • Collaborates: Builds effective partnerships across teams.
  • Communicates Effectively: Tailors communication to different audiences.
  • Demonstrates Self-Awareness: Reflects on feedback to improve performance.
  • Nimble Learning: Learns quickly from successes and failures.
  • Optimizes Work Processes: Focuses on efficiency and continuous improvement.
  • Self-Development: Seeks growth through formal and informal channels.
  • Values Differences: Embraces diverse perspectives and cultures.
  • Business Partnering: Aligns financial insights with business strategy to drive performance.
  • Financial Analysis: Interprets trends, variances, and risks to support business decisions.
  • Financial Reporting: Prepares and presents financial data in compliance with regulations.
  • US GAAP: Applies accounting standards to ensure accurate financial records.
Qualifications

Education: Qualified Chartered Accountant with 0–2 years of post-qualification experience.

Additional Requirement: Must be open to travel to plant locations (around 20% of the time).

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