Power Gen Americas - Finance Manager

Description

Power Gen Americas - Finance Manager

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 Power Gen Americas - Finance Manager to join our team specializing in Finance for our Power Systems Business Segment in Indianapolis, IN.

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

• Responsible for all accounting practices, budgeting, financial controls, costs, and financial reporting for a Line of Business/Regional Distribution Organization. Works with Business
• Segment/Business Unit Controller to apply consistent accounting practices to line of business/regional distribution organization. Participates in the leadership team for the line of business/regional distribution organization.
• Manages all accounting practices for the Line of Business/Regional Distribution Organization; leads the Annual Operating Plan (AOP) and forecast processes within the Line of
• Business/Regional Distribution Organization.
• Drives business decisions through strategic financial analysis for the Line of Business/Regional Distribution Organization as part of the leadership team.
• Works with the Business Unit Controller to interpret and apply consistent accounting practices.
• Analyzes business results, determines root causes and prepares recommendations and alternatives for review by management.
• Ensures a strong control environment across the key business cycles.
• Ensures that appropriate resources are available for internal and external financial and process audits.
• Forecasts logistics costs and inventory; provides leadership to business to drive logistics and working capital effectiveness.
• Leads financial analysis on capital projects and overall capital management process.
• Oversees monthly and quarterly financial reporting.
• Manages the implementation of recommended changes to accounting practices.
• Leads efforts to comply with Securities and Exchange Commission reporting requirements to Corporate and other regulatory organizations.
• Drives finance succession planning for the line of business/regional distribution organization finance organization. Ensures that the finance function is structured to support the line of business/regional distribution organization needs.
• Coaches and mentors' direct reports; assigns work according to availability, skills, and developmental needs; assesses performance and provides feedback to direct reports.
• Participates in the leadership team for the line of business/regional distribution organization.

Qualifications

Skills

• 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 Planning and Forecasting - Utilizes financial forecast data to provide forward looking projections to facilitate decision making; partners with stakeholders to analyze trends and validate assumptions to provide a forecast that aligns to the organization's goals and strategies.
• 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.
• 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.
• Develops talent - Developing people to meet both their career goals and the organization's goals.
• Business insight - Applying knowledge of business and the marketplace to advance the organization's goals.
• Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Drives engagement - Creating a climate where people are motivated to do their best to help the organization achieve its objectives.
• Persuades - Using compelling arguments to gain the support and commitment of others.
• Situational adaptability - Adapting approach and demeanor in real time to match the shifting demands of different situations.
• Balances stakeholders - Anticipating and balancing the needs of multiple stakeholders.

Education, Licenses, Certifications

• College, university, or equivalent degree in Accounting, Finance or related field required.
• Certified Public Accountant, Certified Management Accountant, Chartered Accountant, or similar certification required.

Experience

• Significant experience required, including strategy, managerial and budgetary experience in a large manufacturing or distribution center environment.

Role Model Leadership Culture

Enable Delivery of 2024 AOP Financial Results, including

• Cascade global cost guidance and support pricing activities and initiatives
• Support WAVE analysis and modeling requests for the business to drive educated decision making

Manage and Deliver FPA and Control Activities for NACA

-Execute all forecast, AOP, and SIM requirements

-Oversee and support execution of all monthly close responsibilities including approving journals, reviewing preliminary results for accuracy, and managing balance sheet

-Monitor and forecast NACA managed expense budget

SBP and Business Operations

• Support improvements in the SBP process
• Actively participate in regional demand reviews, and partner with business teams to manage and mitigate risks and opportunities (IBP escalations and etc.)

Enable and Support Operation of PGM Strategic Priorities

-Support development of cost to serve models for strategic and non-strategic segments

-Provide modeling support for any strategic Americas initiatives.

Compensation and Benefits

Base salary rate commensurate with experience. 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.

Cummins and E-verify

At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Cummins validates right to work using E-Verify. Cummins will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee's Form I-9 to confirm work authorization.

Job FINANCE

Primary Location United States-Indiana-Indianapolis-US, IN, Indianapolis, Cummins DBU Headquarters

Job Type Experienced - Exempt / Office

Recruitment Job Type Exempt - Experienced

Job Posting May 2, 2024, 11:00:00 PM

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

Organization Power Systems Business

Role Category Hybrid - Potential for Partial Remote

Relocation Package Ineligible

Req ID: 240003G9