KEP Finance Controller and Manufacturing Strategy

Employer
Cummins Inc.
Location
Pune
Posted
Jun 11, 2024
Closes
Jun 13, 2024
Ref
4730592768
Work Mode
Hybrid
Hours
Full Time
Organization Type
Academia, Corporate
KEP Finance Controller and Manufacturing Strategy
Description
Responsible for all accounting, budgeting, financial controls, and costs for an entity or organization. Works with the Business Unit/Line of Business/Functional Controller to apply consistent accounting practices at the operations level. Participates in the leadership team for the operation.
Participates in the business as a member of the leadership team to drive key business metrics, provides input into development of business strategies, and provides financial support for new business development.
Manages application of accounting practices and works with business partners to apply consistent accounting practices; implements recommended changes to accounting practices.
Manages monthly and quarterly financial reporting processes; leads finance communication across entity; develops and presents financial analysis to business partners.
Manages the Annual Operating Plan (AOP) and forecast processes, provides leadership to business to meet cost and working capital targets.
Manages development of strong control environment across the key business cycles.
Works with business partners to ensure processes are efficient and cost effectiveness to improve the profitability of the entity; partners with business leaders to create operational efficiencies driving continuous improvements and growth initiatives.
Manages financial support to comply with any governmental, regulatory or local requirements, such as tax and statutory accounting requirements.
Leads financial analysis on capital projects and manages overall capital management process at entity level.
Allocates financial resources to support business initiatives, including accounts receivable collections, managing inventory and payables, etc.
Coaches and mentors all entity finance staff; assigns work according to availability, skills, and developmental needs; assesses performance and provides feedback to direct reports.
Qualifications
Skills
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.
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.
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.
Manages conflict - Handling conflict situations effectively, with a minimum of noise.
Develops talent - Developing people to meet both their career goals and the organization's goals.
Directs work - Providing direction, delegating, and removing obstacles to get work done.
Plans and aligns - Planning and prioritizing work to meet commitments aligned with organizational goals.
Situational adaptability - Adapting approach and demeanor in real time to match the shifting demands of different situations.
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 managerial and budgetary experience in a small operations manufacturing or distribution center environment.
Key roles and responsibilities:
- Responsible for Kothrud and Pirangut plant
- Represent Finance as Plant Leadership Team in RS's Staff
- KEP is a Tier 1 SOX entity - ensuring compliance to SOX requirements
- Ensuring effectiveness of controls environment
- Managed expense forecasting and control - Simulation, AOP, Quarterly forecast, Transformation
- Responsible for Inventory & Fixed Assets management
- Managing Internal Audit, Statutory Audits, API, QPI
- Managing Global SC&OPS stakeholders
- Managing and Developing Team for their success
- Additionally responsible for leading finance lane of critical manufacturing strategies and aligning India/Global stakeholders
Job FINANCE
Primary Location India-Maharashtra-Pune-India, Pune, Cummins India Ltd
Job Type Experienced - Exempt / Office
Recruitment Job Type Exempt - Experienced
Job Posting Jun 10, 2024, 12:00:00 AM
Unposting Date Ongoing
Organization Power Systems Business
Role Category Hybrid - Potential for Partial Remote
Relocation Package Eligible
Req ID: 240004JH